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Business Finland

Business Finland

Business Finland is a financial institution established in 2018 and based in Helsinki, Finland. The firm offers Finnish companies a unified customer journey for innovation activities, internalizations, investments, and tourism promotion in the form of R&D loans, R&D grants, and research funding. Business Finland was created by the merger of two organizations namely Finpro, which offered services for internationalization, investments and tourism promotion, and Tekes, which offered to fund for innovation activities. Business Finland employs 600 experts in 40 offices overseas and in 20 regional offices around Finland. Business Finland is part of the Team Finland network.

Formerly Known As
Year Founded
Service Provider Type
Primary Office
  • Porkkalankatu 1
  • P.O. Box 358
  • 00181 Helsinki
  • Finland

+358 029 0000000

Business Finland Financings (7)

Company Name Financing Date Debt/Deal Date Debt/Deal Amount
Mobidiag Jan 2020 00000 0000000
0000000 00000000 May 2019 00000 0000000
00000 Feb 2019 00000 0000000
00000000 Aug 2018 00000 0000000
00000000 May 2018 00000 0000000
Solar Foods Mar 2018 00000 0000000
Injeq Jan 2017 00000 0000000
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Business Finland Investment Preferences

Preferred Industries Preferred Verticals Preferred Deal Types Geographic Preferences Transaction Amount

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Business Finland Co-Lenders (2)

Lender Lender Type Lender Location Total Shared Financings Last Shared Financing
European Investment Bank Lender Luxembourg, Luxembourg 1 00.000
00 000000000 0000 Lender Vilnius, Lithuania 0 00.000
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Business Finland Team (16)

Name Title Related Financings Office Contact
Pavel Cheshev Senior Advisor, Partner, Innovation cooperation with Russia Helsinki, Finland
Pekka Soini Director General Helsinki, Finland
Reijo Kangas Executive Helsinki, Finland
Ari Grönroos Executive, Funding Services and Finance Helsinki, Finland
Hannu Kemppainen Executive, Strategic Performance Management Helsinki, Finland
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Business Finland Board Members (3)

Name Representing Role Since Contact
Leena Vestala Business Finland Board Member 000 0000
Pertti Korhonen Business Finland Executive Board Chairman 000 0000
Timo Ahopelto Self Board Member 000 0000