The partnership agreement between DevelopmentAid and Finland’s Ministry of Foreign Affairs (MFA) which grants free and unlimited access to DevelopmentAid’s world-class tools and services for small and medium-sized companies from Finland which was signed in April 2023 will be extended for another 12 months until May 2025.
The collaboration between the world’s leading development information platform and Finland’s MFA has been extremely successful and allowed more SMEs to access business opportunities with international funding agencies, according to Artiom Savastin, DevelopmentAid Partnership Manager.
The partnership agreement is implemented through the aegis of Finland’s innovation and trade promotion agency, Business Finland. Business Finland specializes in helping local companies succeed on the global market as well as working to make Finland an attractive and competitive business environment for investors. Business Finland has over 750 employees located in 16 offices across Finland as well as 40 locations overseas.
Well over 98% of the businesses in Finland are classified as SMEs, which are defined as being a company with 250 or fewer employees and an annual turnover of less than €50 million. The partnership between DevelopmentAid and the Government of Finland has facilitated better access to funding sources and an improved ability to identify business opportunities as SMEs grow internationally.
DevelopmentAid’s cutting-edge tools and resources also help Finland-based SMEs to find partners for a consortium or joint venture for international and domestic projects.
If you are a Finland-based SME and want to learn if your company qualifies for free access to DevelopmentAid’s portal, or if you have any questions concerning this new partnership between DevelopmentAid and Finland’s MFA, please feel free to drop us a line.