awara legal seminar. tekes funding 27.08.2014

8
Tekes funding for companies planning growth abroad Awara Seminar Petri Rajahalme 26 August 2014

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Petri Rajahalme (Expert for expanding companies, Tekes) tells about funding for Finnish companies expanding in, for example, Russia, which could amount up to 200,000 Euro.

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Page 1: Awara legal seminar. Tekes funding 27.08.2014

Tekes funding for

companies planning

growth abroad

Awara Seminar

Petri Rajahalme

26 August 2014

Page 2: Awara legal seminar. Tekes funding 27.08.2014

Tekes funding is available for all

stages of innovation

Planning for global

growth R&D

Pilot projects

Page 3: Awara legal seminar. Tekes funding 27.08.2014

Planning for global growth

Tekes funding is available for

exploring IP rights protection and patenting issues

carrying out client surveys and market research, and exploring the

market for the product/service

meeting potential clients and collecting feedback on their needs

developing an internationalization strategy

identifying the development needs of the team, board, and any

networks involved

75% grant for young companies, 50% for other SMEs

Page 4: Awara legal seminar. Tekes funding 27.08.2014

Research and development

R&D funding for developing innovative products,

services, business models and processes

Grants may be awarded for industrial research projects

If the relevant markets already exist or a business development

project involves existing competence, then funding is primarily

provided in the form of a loan.

Tekes funding is not more than 70% of total project cost

For young innovative companies (< 5 yr.) 75% possible

Page 5: Awara legal seminar. Tekes funding 27.08.2014

Demos, piloting & commercialization

Tekes offers an unsecured, low-interest loan to

help you pilot your innovation Funding available both for fast-paced business (e.g. software)

and process industries, transportation, biotech, cleantech etc.

Eligible cost incl. depreciation costs for land, buildings, machinery

and equipment associated with the project; material and supplies

costs; design costs associated with the subject of the pilot or

demonstration

Tekes loans are without collaterals, have low interest rates, and

can be partially received in advance.

Page 6: Awara legal seminar. Tekes funding 27.08.2014

Team Finland Explorer (DL Dec. 31)

To accelerate internationalization of SMEs, a

special offer available until Dec. 31, 2014

Funding for planning international growth & exports

Funding is only available for purchasing services

50% grant, minimum €4,000

Application must be submitted by December 31, 2014.

www.tekes.fi/explorer

Page 7: Awara legal seminar. Tekes funding 27.08.2014

Test your idea

Page 8: Awara legal seminar. Tekes funding 27.08.2014

Thank you

www.tekes.fi/en/test-your-idea

[email protected]