18 Apr Innovating businesses in the happiest country in the world, FINLAND
Finland has much recognition such as most stable country, happiest nation, freest country, digital knowledge capital (Helsinki) in Europe, press freedom, the lowest poverty rate in OECD, integration of digital technology, digital economy & city, city of the future, space per person in Europe and ranked the best country for expatriates. Other factors include gender equality, social security World’s best educational system, and healthcare.
Investments in Finland rise year by year. Finland receives the highest percentage of VC funding both per capita and in relation to GDP in Europe. In 2019, Finnish startups and growth companies raised a new record amount of €511 million of VC funding. Of this amount, €113 million came from Finnish VC funds, €180 million from foreign investors, and €54 million from Business angels. Wolt, a logistics tech company, broke the startup funding records by raising €110 million in 2019. Foreign investors invested a total of €295 million into Finland in 2019.
The happiest country in the world, Finland, welcomes Singaporean companies to explore the business opportunities in the region! Some of the cornerstones of Finnish happiness are freedom, stability, equality, work-life balance, and clean nature – and Finland tops many rankings in these fields. Recognized as the most innovative region in the EU and as one of the smartest cities in the world, the capital of Finland, Helsinki offers growth-seeking companies a platform for creating new business, finding investment opportunities, and testing and scaling new solutions. Foreign-owned companies in Finland are also eligible for a wide range of government and EU incentives which gives them an equal footing with Finnish-owned companies.
Smart Urban Co-innovation Lab and Helsinki Business Hub are joining forces to organize a webinar introducing the Finnish innovation and business environment. Smart Urban Co-innovation Lab has also invited IMDA to share more on the grants available to support Singapore companies in their expansion into overseas markets.
Join us on May 25, 2021, to learn more about investment, innovation collaboration, new business, and piloting opportunities in Finland. You will hear concrete examples and best practices from top industry experts.
These are the following details:
Date: 25th May 2021
Time: 1.00pm to 3.00pm (Singapore time)
1.00 pm – 1.30 pm Sharing by IMDA: Grants to Support Market Expansion (For SG ICT Companies)
1.30 pm – 1.55 pm Speaker: Irma Ylikangas
1.55 pm – 2.20 pm Speaker: Annamari Soikkeli
2.20 pm – 2.45 pm Speaker: Pia Erkinheimo
2.45 pm – 3.00 pm Question and Answer with Helsinki Business Hub