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Business Finland Updates on Funding and Programs in Health and Technology
1. HealthBIO Turku 4.11.2020
An update on BUSINESS FINLAND
Kari Klossner
Program Manager, Head of Smart Life Finland
Kari.Klossner@businessfinland.fi
2. OUR MISSION
We catalyse new, sustainable growth
for Finland through innovation and
international collaboration
To achieve this, Business Finland
• promotes, facilitates and funds innovation
• helps Finnish companies grow and go
international
• works to make Finland an attractive
destination for international travel,
investments and talents
INTERNATIONAL
GROWTH
WORLD'S BEST
ECOSYSTEMS
3. BUSINESS FINLAND SERVICES FOR COMPANIES
FUNDING
We provide
innovation
funding for
smart solutions
and
ecosystems
NETWORKING
We facilitate
the creation of
ecosystems
and business
networks
IDENTIFYING
OPPORTUNITIES
We help
you identify
international market
opportunities for
your products and
services
BUSINESS
DEVELOPMENT
Our expert team
can help you with
pitching, marketing,
business model
creation – and
much more
TAKING YOU TO
GLOBAL MARKETS
Our global network
with 40 offices
around the world
helps you conquer
new markets.
4. Other 77 M€
BUSINESS FINLAND’S FUNDING IN 2019
Big companies 99 M€
Funding
applied
842 M€
Funding
awarded
571 M€
For research
94 M€
For companies
477 M€
6477 received
applications
4284 approved
applications
SMEs 133 M€
Startups 168 M€
INNOVATION
FUNDING
6. BF programs
open new
business
opportunities
and speed up
solutions to the
challenges of
sustainable
development.
UN Sustainable Development Goals
Smart Life
Personalized
Health
SMART HEALTH
AND WELLBEING
Smart Energy
Batteries from
Finland
SMART AND
CLEAN ENERGY
Sustainable
Manufacturing
SMART INDUSTRY
Smart Mobility
SMART AND
SUSTAINABLE
COMMUNITIES
Bio and Circular
Food from Finland
Experience
Commerce
CIRCULAR ECONOMY
AND RESPONSIBLE
CONSUMPTION
DIGITAL
TRANSFORMATION
ATTRACTIVE
COUNTRY BRAND
GAME CHANGERS
AI Business
Connected Intelligent Industries
Digital Trust
New Space Economy
New Value Creation
Developing Markets
Talent Boost
Travel
7. BUSINESS FINLAND PERSONALIZED HEALTH FINLAND PROGRAM FACT SHEET
PERSONAL HEALTH FINLAND
• Mission
• ThePersonalizedHealthprogramseekssolutionstoshiftthe
focusfromtreatmentofdiseasestowardspersonalized
prevention,predictionandtreatementaswellasmaintaining
goodhealthandwellbeinginapersonalizedmanner.
• Focus
• Thefocusisinutilizingindividualizeddatalikegenome,
healthcareorbiobankdataaswellaslifestyleinformationto
predictandpreventillnesses,topersonalizecareandto
participatepeopletotakeresponsibilityoftheirownwellbeing.
• Customers
• InFinland:companies,researchorganizationsandhealthcare
organizationsfocusedonpersonalizedhealthsolutions
• Globally:corporatecustomerandinvestorsinterestedin
partneringwithFinnishcompaniesandresearchorganizations,
govermentorganizationseekinginnovationcollaboration
ACTIVE: 2018-2022 | FUNDING TARGET: 80-100 MEUR
PROGRAM MANAGER: sampo.sammalisto@businessfinland.fi +358 50 584 1100
WEB: businessfinland.fi/en/for-finnish-customers/services/programs/personalized-health-finland/
• Ecosystems
• Drivethegenerationandgrowthofnewinnovationecosystems
comprisedofcompaniesofdifferentsizes,reseach
organizations,andhealthcareproviders
• Services
• Globalgrowth,investmentpromotion,innovationfunding,
ecosystemdevelopment,training,andnetworking
• Targetmarkets
• EMEA:Nordics,UK, Switzerland
• Asia:Japan,Singapore
• Americas:USA
8. BUSINESS FINLAND SMART LIFE PROGRAM FACT SHEET
SMART LIFE FINLAND
• Mission
• Toproactivelyhelpcreatehighpotentialbusinessecosystemsin
Finland,innovate,network,andgointernationalwithdigital
wellbeing&healthcaresolutions
• Toleveragethedigitalrevolutioninhealth,fromhospitalto
homeandthedailylivingenvironment
• Focus
• Digitalhealth&wellbeingsolutionsutilizingthelatest
technologiese.g.mobileapplications,bigdata,Artificial
Intelligence,virtual&augmentedreality,wearables,sensoring
• Customers
• InFinland:digitalhealthandwellbeingcompanies,research
organizationsandhealthcareproviders
• Internationally:potentialpartnerstoFinnishcompanies.
InvestorsandcorporationswithinterestininvestinginFinland
ACTIVE: 2019-2022 | FUNDING TARGET: 80-100 MEUR
PROGRAM MANAGER: Kari.Klossner@businessfinland.fi +358 400 717 298
WEB: businessfinland.fi/en/for-finnish-customers/services/programs/smart-life-finland/
• Ecosystems
• Drivethegenerationofnewinnovationecosystemscomprisedof
companiesofdifferentsizes,researchorganizations,and
healthcareproviders
• Services
• Internationalization,innovationfunding,ecosystemdevelopment,
training,networking,promotionofinvestingopportunitiesin
Finland
• Targetmarkets
• EMEA:Nordics,UK,Germany,Gulf states
• Asia:Singapore,Japan,Australia
• Americas:USA
9. Why Ecosystems
A whole that
is greater
than the sum
of its parts
Combine the
best of breed
from private and
public sector
Multi
disciplinary,
reaching across
industry
verticals
Economics of
scale to take
on challenges
that can move
the needle
More substantial funding opportunites
beyond individual players
10. NEW OFFERINGS IN HEALTH & TECHNOLOGY
https://www.businessfinland.fi/en/do-business-with-
finland/explore-key-industries/health-wellbeing/in-brief/
11. COVID-19
Diagnostics & Testing
Tracking & tracing
Virtual consultation
Remote monitoring and care
Virtual training
Personal protective equipment
Infection control & Sanitation
Air purification
Mental care