Business Finland launched a new challenge competition for leading companies on June 2nd 2021.
The maximum available funding per leading company is EUR 20 million. In addition, Business Finland can provide funding up to EUR 50 million to the leading company's partners during a period of five years.
The challenge competition will consist of two rounds. Cut-off date for the first round proposals: September 1st 2021. The companies participating in the challenge competition will be invited to present their project proposals to the jury in September 2021. The companies that will be invited to further negotiations will also be selected in September 2021. More detailed negotiation rounds with the selected companies will take place in October and November 2021. The final funding decisions will be made in December 2021. The schedule will be condensed if possible, however.