Russia’s full-scale war of aggression against Ukraine has continued for four and a half years. The country’s reconstruction needs, already exceeding €500 billion, continue to grow. Although conditions in Ukraine remain difficult, there is a strong determination to build a more modern and secure country.

Sprint funding will continue after the pilot phase ending on 31 August. The funding pilot targeted at small companies developing new innovative solutions for international markets has proven warrarted.

Finland ranked third among the EU's 27 member states in the European Commission's Startup & Scaleup Scoreboard, highlighting strengths in talent, entrepreneurship and the innovation environment.

Reforming program activities is part of implementing the strategy and increasing impact.

Business Finland has granted a total of nearly three million euros in funding to the Smart Fleet Optimization R&D project and the Supernova research project.

Business Finland will award record level funding to new leading company projects and to expansion of existing projects. The first funding decisions of the year were made on April 20, 2026. Expansions of leading company projects are included for the first time.

The preparation of biotechnology-related IPCEI projects is progressing to accelerate European investments and innovations in biotechnology.