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Webinar 29 May, 2023

Info session of the challenge competition for Leading and Challenger Companies (Veturikilpailu)

Time: 29 May, 2023 at 10:30 - 12:00

Place: Webinar

Further information


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


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

Business Finland has opened a new competition for leading and challenger companies (veturi, haastajaluokan veturi) on May 15th, 2023.

The challenge competition is intended for leading companies able to make significant increases to their RDI-investments in Finland. The maximum funding for a Leading company is 20 million euro plus 50 million euro for its ecosystem.

There is also a competition category for so called challenger companies. Challenger companies aim to grow into a global player or are solving a smaller or more focused challenge or are developing new businesses or strengthen the role of an international business group in Finland. The funding for a challenger company can be up to 10 million euro and up to 20 million euro for the challenger company's ecosystem.


Opening & Principles of the challenge competition 2023 (pdf)
Jarmo Heinonen, Business Finland
Esa Panula-Ontto, Business Finland

Example: Borealis' Veturi (pdf)
Jari Lehtinen, Borealis

Watch the recording of the event

Read more about funding for leading companies and their ecosystems