- News article -

Innovation Voucher initiative to benefit SMEs in Finland

2 Sep 2016

Starting in October 2016, Small and medium-sized enterprises in Finland will be able to benefit from the Innovation Voucher scheme. Introduced as a pilot venture by Tekes financial services, the Innovation Voucher is worth 5 000 € and is meant for micro-enterprises and SME’s. A company that receives the voucher can purchase professional innovation services from a service provider, that has a special know-how or expertise that the voucher recipient does not have. The Innovation Voucher is a part of the Enterprise Package that the Finnish government announced in April 2016. The package aims to promote entrepreneurship by providing SMEs with access to tools they may require to realise their innovation potential.

Typically SMEs have countless innovative ideas, yet they often lack the knowledge and the expertise to translate those ideas into a market success. Thus, by financing the costs of external experts, Innovation Voucher scheme seeks to provide SMEs with access to  knowledge providers such as research institutes, universities and consultants.

Spinverse has signed up to participate in the Innovation Voucher initiative as a knowledge provider.

The number of innovation voucher schemes in Europe has virtually skyrocketed in the past few years. Micro-enterprises and SME’s are using these publicly funded vouchers to address the challenges ranging from technical problems to business modelling and new product development. While the monetary value of support may not sound like a big deal, it is nonetheless a great contribution, encouraging innovation activities of SMEs.

For details on the Innovation Voucher scheme read more (in Finnish) or contact us

 

- Contact us -

Want to learn how Spinverse could help you? Contact us now!



Antti Koistinen

Consultant, M.Sc. (Tech.) +358 40 182 2489

- News -

Relevant posts

EU funding SME Spinverse News

Taking you to the frontier: the popular funding scheme for SMEs revamped

17 Jun 2019

European Commission shifts into high gear in its popular funding scheme for small and medium-sized enterpris...

Innovation Challenge Digital Fiber Initiative

Top Data Science won the Digital Fiber Ecosystem Innovation Challenge

12 Jun 2019

The Digital Fiber Ecosystem, jointly organized by Siemens and Spinverse, has finalized its Bio-Based Industr...

EU funding European Funding Spinverse News

One of the most competitive supercomputers in the world to be placed in Kajaani, Finland

7 Jun 2019

CSC datacenter in Kajaani will host a pan-European high-performance supercomputer. The machine will be about...

innovation technology

Do Boards worry about innovation and technology?

31 May 2019

Innovation is a generic term for all new business creation. Right now, the need for inno...

5G technology Client News

LuxTurrim5G ecosystem builds the smart city of the future

28 May 2019

Nokia Bell Labs driven industry group is building key enablers for fast 5G network based on smart light pole...

innovation CTO Forum EU

Finland’s EU-presidency, bringing impact to EU Innovation Funding?

11 Apr 2019

Finland’s EU presidency begins on 1 July 2019. During that time, major changes to innovation funding were ...