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Developing markets – Co-Creation funding call

19 June 2023

With the Co-Creation funding call, Business Finland offers funding for building consortia towards sustainable business opportunities in developing markets. The funding call is implemented by Business Finland’s Developing Markets Platform (DevPlat) that offers developing markets related funding and advisory services in cooperation with the Ministry of Foreign Affairs. You can find more information about the call, eligibility criteria and timeline here.

Purpose and objectives of the call

The aim of the call is to create significant, sustainable business opportunities for Finnish companies in developing markets and enable research organizations – research institutes, universities and universities of applied sciences – to conduct high-level scientific research.

This funding call encourages research organizations to build business-oriented consortia around a selected research idea and identified business opportunities in developing markets. The projects to be funded are intended to:

  • Help research organizations to illustrate how the selected research idea can promote simultaneously both the Sustainable Development Goals (SDGs) and the business of Finnish companies in developing markets.
  • Help research organizations to build a consortium around the selected research idea together with Finnish companies.
  • Help research organizations to identify the most appropriate partners in developing markets to take forward the selected research idea and related business opportunities.
  • Help research organizations to work on the selected research idea together with companies, local and other potential partners.
  • Help research organizations to prepare a Business Finland Co-Innovation project to be implemented in close cooperation between the research organization and its new business partners.

Timetable

The duration of the projects to be funded can be 4-6 months. The deadline for the applications is Tuesday September 26th 2023 at 11.59 p.m.

Before submitting your application, it is important to discuss with Business Finland. Towards this end, Business Finland organises an info session on 22 August 2023 at 13 p.m., Team Finland House and Teams.