Front page Impact Study of Economic Growth Impact Study of Economic Growth Date: 1.1. –30.9.2024 Evaluations Business Finland offers financing to those startups, scale-ups and other SMEs and medium-sized companies that operate in Finland and are aiming to move into international markets or are expanding their international business more generally. The study by MDI, Owal Group Oy and PTT evaluated the role of Business Finland in fostering economic growth through its funding and services, particularly focusing on startups, scaleups, and internationalization planning. The study examines how Business Finland’s instruments have supported these entities in Finland between 2010 and 2021, providing a mix of quantitative and qualitative analysis, supplemented with benchmarking from international examples. The impact Assessment looked R&D-funding (for startups and scaleups), Young Innovative Companies (NIY) funding and services as well as services for planning for international growth: Tempo, Market Explorer and Talent. The results of the various programmes and services were evaluated in relation to Business Finland’s economic growth impact model. Material Evaluation report Keywords: Companies Impact RDI
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