The business development grant offered by Elinvoimakeskus supports SMEs’ development and investment projects that promote business growth and renewal. It can cover up to 50% of a project’s costs, offering significant support to SMEs that want to develop their operations, improve energy efficiency and adopt new technologies. The support is aimed at projects that strengthen regional vitality, increase companies’ competitiveness and support the effective use of innovation in business.
What the grant can be used for
Elinvoimakeskus Business development grant
The funding is intended to support companies’ growth, development and sustainability. It gives SMEs the opportunity to fund projects that focus on, among other things, renewing operations, improving energy efficiency and adopting new innovations. The funding helps companies gain a competitive advantage and supports sustainable business.
The support is granted primarily to projects that strengthen regional vitality and support sustainable growth. The projects must also promote companies’ energy efficiency, low-carbon operations and environmentally friendly solutions. Development measures can include, for example, investments in new production methods, developing staff skills or adopting technological solutions.
Criteria
To receive the support, the company must have fewer than 250 employees and a turnover of no more than €50 million. In addition, the company must carry out a project that goes beyond its normal operations. This means, for example, developing new products, services or processes, expanding into new markets or making significant investments.
Elinvoimakeskus requires applicants to present a realistic plan and a precise justification for the project. In the application process, it is also important to show how the project affects the company’s long-term growth and competitiveness. The grant can cover up to 50% of a project’s costs, which gives SMEs significant financial support for development.
We offer expert and reliable service to companies that want to use public sector funding opportunities, such as Elinvoimakeskus funding (opens another website) or Business Finland funding for business development. We help identify the forms of support that best suit your company and make sure the funding process runs smoothly from strategic planning through to the application and its approval.
