Skip to content

Buy new information and expertise for your company with the Innovation voucher

The Innovation voucher is intended for SMEs with a new product or service idea that has potential to grow internationally, and that cannot be implemented without external expertise. The Innovation voucher is your opportunity to buy expert services that bring new information and expertise required for innovation to your company.

Applying for the Innovation Voucher financial service will be suspended for the period between 1.6.2023 and 31.7.2023.

Innovation voucher

In innovation voucher funding, the amount of aid is EUR 6,000, which is 100% of the amount of the purchased services excluding VAT. You can spend this amount to buy services from one or several service provider. Your company can get this voucher only once.

The aid is transferred to your company after you have approved and paid for the work performed by the chosen service provider.

What is required of your company?
  • Your company is an SME established in a corporate form (not a sole trader, large enterprise, public or non-profit organization, foundation, association or a company based on the Åland Islands).
  • You have been a full-time entrepreneur in the company applying for at least three months before applying for the Innovation voucher – or the companyapplying for funding employs at least one full-time employee whose employment relationship has continued for at least three months before applying for the Innovation voucher.
  • Your company's credit rating (Rating Alfa) according to Suomen Asiakastieto is at least A.
  • Your company is developing a new product or service idea, and plans for its internationalization are already in place (not further development of an existing product).

See instruction for applying for funding

How does Business Finland funding work?

1
Before you apply

Plan a project and define its goals. Ensure the sufficiency of self-financing.

2
Apply for funding

Submit your application through online services. Submit the additional information requested.

3
Approve the funding decision

Business Finland will assess your application and notify you of its decision. Read the decision and its terms and conditions, and approve the decision in online services.

4
Use the funding

Arrange project accounting. Notify Business Finland of any changes.

5
Report your project

Report your project's implementation and costs. Attach the additional information requested with your report.