Call has ended!
The funding call implements the Sustainable Growth Program for Finland, which is part of the EU’s Recovery and Resilience Facility (RRF). RRF funding promotes structural renewal in business and industry and the creation of a competitive edge based on Finnish companies’ sustainable solutions.
The financed projects must involve significant development and modernization of companies’ low-carbon and/or circular economy solutions or service business models.
For whom?
- The funding call is open to companies registered in Finland that pursue growth and internationalization and have sufficient financial resources, versatile expertise and a team for it. In addition, the companies must have a competitive advantage on the international market.
- Research organizations may apply for this funding as part of a Co-innovation project.
For which themes can funding be applied?
The projects must be research and development projects on topics such as:
- the development of industrial low-carbon services and service business models, such as products as a service (PaaS)
- the utilization of industrial digital renewal and data economy in areas such as low-carbon value chains
- the development of an industrial hydrogen ecosystem that uses renewable energy, in which hydrogen is recycled both as energy and as building material for end products (e.g., chemicals, new proteins)
- the capture, storage, and re-use of carbon dioxide produced in industrial processes.
Key application criteria include pursued significant reduction in carbon dioxide emissions, circular economy, innovation, promotion of digitalization, impact on the company's renewal, and desired international turnover, as well as the company’s expertise and ability required to implement the project, and the project implementation plan.
For which projects can funding be applied?
Projects funded through aid:
- create new competence and information for companies and partnership networks
- take greater risks than normal and, if successful, involve a high market potential
- often require more development afterwards to commercialize the results
Projects must be completed by December 31, 2025.
Key assessment criteria
Key application criteria include pursuing significant reductions in carbon dioxide emissions, circular economy and digital renewal, the potential formation of mutual offerings and the project’s impact on the renewal of the company, the international turnover sought, the expertise and ability required to implement the project, and the project implementation plan.
Special criteria for RRF funding
Each project funded through the Sustainable Growth Program for Finland must meet the “Do No Significant Harm” requirements. The EU Recovery and Resilience Facility (RRF) requires that no measures do any significant harm to the environment.
How to apply for funding?
- Basic applicant and application information is completed normally in Business Finland’s online service.
- Select the funding service.
- Companies: “Research, development and piloting” or “Co-innovation”
- Research organizations: “Co-innovation” under “Programs and other connections”, select “RRF – Finland’s Sustainable Growth Program” and then the “Funding call for industrial projects related to low-carbon circular economy, digitalization, and service development” identifier from the menu.
- Answer the questions on the project’s environmental impact (“Do No Significant Harm”).
Funding schedule
According to the preliminary plan, a total of EUR 4 million of funding will be granted. Business Finland will make funding decisions following normal selection criteria.
Applications must be submitted by June 30, 2022 for funding granted in 2022.
Contact us
Please contact your Business Finland contact person or our customer service (Label your email with: RRF – Funding call for industrial projects related to low-carbon circular economy, digitalization, and service development) well before submitting the application.
If you are a new customer, please visit the Become a customer page.
NOTE! The date of the info session on the funding call will be specified at a later time.
Read more about Finland's program for sustainable growth
#SustainableGrowth
