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Business Finland NIY Funding

Business Finland · Finland
Grant Applications closed

Continuous call, but application period closed on 10.10.2025 at 23:59 until further notice, due to grant authorisation situation.

Business Finland's Young Innovative Companies (YIC) funding supports startups under 5 years old with high growth potential, helping them scale internationally, strengthen their team, and develop their business model. Funding is granted in up to three phases (EUR 250,000, EUR 250,000, and EUR 500,000 in grants) to companies with demonstrated scalable business models and international revenue.

Programme terms

Amount
EUR 250,000 in grants for the first period, EUR 250,000 in grants for the second period, and EUR 500,000 in grants for the third period. For companies selected before 1 January 2024, funding model included two grant periods and one loan period.
Funding type
Grant
Stages
Early Traction, Growth
Industries
B2B / Enterprise
Regions
Europe
Applications
Rolling intake
Who can apply
Startups under 5 years old (funding ceases at latest when company turns 8), small-sized (fewer than 50 employees, annual net sales or balance sheet up to EUR 10 million), with a scalable business model, demonstrated international revenue, full-time management team with significant ownership, independent decision-making power, ownership of relevant IPR, at least 10% of costs allocated to R&D in one of previous three years, not listed, and not having distributed profits.
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Data checked: October 1, 2026. Organisers change their terms. Check their site before you apply.

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