Researcher, now is your chance to shine — Business Finland seeks groundbreaking research proposals with a new funding opportunity
What kind of research ideas could revolutionize markets in the future? Business Finland is looking for answers with the launch of a new Rise to Challenge funding call. The theme of the first pilot is digital solutions that promote security.
Rise to Challenge funding aims high: projects can last up to five years and funding is provided in two phases:
Phase 1 (two years): Funding is granted to projects that demonstrate significant productivity benefits or international commercial potential. At this stage, company involvement is not required. The focus is on strengthening the research team and creating a plan for utilizing the results and engaging stakeholders who will benefit from the outcomes.
Phase 2: Funding for this stage depends on the results of Phase 1. At this point, stakeholders, such as companies, must be included to help bring the research outcomes to the market.
Key evaluation criteria for pilot projects:
The significance and relevance of the mission for Finnish society
The goals and quality of the project plan, as well as the plan to engage stakeholders
The researchers’ vision of the new business opportunities arising from the research
The experience and leadership capabilities of the project leader
The diverse expertise of the research team(s) in an international context
The initial resources and R&D capabilities and how they are planned to develop
The quality of the project's national and international networks
“This is a truly exciting pilot, and I encourage all researchers to participate! Remember to discuss your ideas with Business Finland’s experts before submitting your application”, says Maria Juurikka,Company Specialist at the Innovation Centre.
The deadline is approaching – applications close on March 31, 2025! Find more details on Business Finland’s website. Good luck with your application!
You can also get more information from our experts:
Maria Juurikka
maria.juurikka@oulu.fi
+358294487646
Kaisa Still
kaisa.still@oulu.fi
+358294488030