Skip to content


Call 16.6.-14.9.2022

Challenge competition 2022: Leading companies and challenger companies

Business Finland launched a new challenge competition round for leading companies on June 16th. This time, the competition is also open for challenger companies.

Further information


Karin Wikman
Business Finland
karin.wikman (at)
+358 50 5577 723


Ilmari Absetz
Business Finland
ilmari.absetz (at)
+358 50 5577 837

Call has ended!

The challenge competition is aimed at leading companies operating globally that are able to increase research, development and innovation (RDI) in Finland very significantly. Business Finland can provide funding of up to EUR 20 million for a leading company and up to EUR 50 million for an ecosystem assembled by a leading company.

Challenger companies can also participate in the challenge competition this year. Challenger companies strengthen the global role of an international business group through Finland or aim to grow into a global player, are solving a smaller or more focused challenge or develop new business. The funding of Business Finland can be up to EUR 10 million for a challenger company and up to EUR 20 million for an ecosystem assembled by a challenger company.

The challenge competition opened on June 16th, 2022. The deadline for first-round proposals is Wednesday, September 14, 2022 at 23:59 p.m.

Call instructions (pdf)

More information about the funding for leading companies