Turning the idea into something more concrete.

1. Building an investment fund &
angel network
Miikka Sipilä & Sasu Louke

2. What?
Our mission is to make starting a new company easier for new teams.
What we do:
1. Help the teams apply for funding
2. Share the knowledge about different funding options and what they require
3. We make it easier for the teams to find investors

3. Why?
● We want to help build continuity for young entrepreneurs and make it easier to
start a company after studies
○ Many of the teams break after school when they don’t find funding or starting a company seems
too big of a leap
● Young teams don’t know where to get the funding, even if they had the skills to
execute their plans
● Make the local ecosystem more investable
○ Educate investors about games industry
○ Make it easier for investors to find the teams by “bringing them under one roof”

4. Example of public funds available in our city
Yritystehdas 1K€
Teams can apply for
low barrier small grant
to test their ideas
Innovation
voucher
(Business
Finland)5K€
The innovation
voucher can be applied
for by young and
starting companies to
make different test or
demos for
international testing.
Local city
grant 5K€
The grant can be used
for test marketing and
trying out new
business models etc.
AVEK
StepDemo
/DigiDemo
5-30K€
The Promotion Center
for Audiovisual Culture,
AVEK is a Finnish
institution that
supports the creating
of culture and arts.
Pre-seed
investment
2,5-15K€
Many of the public
funds require a
deductible to be paid
by the company itself.
The investments will
be used to cover
these.

5. Tempo
30-50K€
Business Finland’s Tempo is a
grant meant to help young
companies scale their
business abroad.
Seed investment
10-20K€
When the product demo is
validated through test
marketing, we can help the
teams apply for second round
of investment.
Unifund / Turbiini
10-30K€
Local university funds that
invest in school based teams.

6. Overall funding Public funding Private funding
156 000€ 121 000€
77,5%
35 000€
22,5%

7. To who?
● Angel investors or equity funds that do small-scale investments (2,5-15K€)
● Early stage teams, who have what it takes to start their own business
● Early stage companies (pre-seed), who are looking for funding to start or scale
their business