Do you need financial support to develop your business? You can apply for public funding in the form of various business grants and subsidies with the help of our experts. You can get support for various projects or initiatives, such as developing an internationalisation strategy, launching a new product, or refining your strategy.
We help your company apply for funding for growth projects (Business Finland’s Tempo, Into and Talent, ELY’s development grant) or you can obtain business support in the form of consulting (Business Finland’s Innovation Voucher and Market Explorer). We also operate as a service provider, which means you can get financial support for Y4 Works’ consulting.
Which form of public funding would suit your company best? It can be confusing to choose the suitable grants and subsidies, so our experts are happy to help you choose the right funding instrument. We also help with defining the subsidised project and applying for funding. Read more below or contact us directly. We also help with defining the subsidised project and applying for funding. Read more below or contact us directly.
Who is it for?
Under 5 year old start up companies who want to grow their capabilities to accelerate internationalisation. Suitable for companies with at least a prototype-stage product or service and some market knowledge.
What kind of support?
Up to 60,000 euros in support for the selected development project. Own financing share of 25 %. Total budget for the supported project not exceeding 80,000 euros.
What is supported?
Funding can support themes such as:
Who is it for?
For start-ups and SMEs that aim for international growth. Suitable for companies that are developing new business models or solutions for themselves, want to use new ideas and market information for business development, or want to increase the innovation skills of the personnel and systematize the innovation process.
What kind of support?
The share of own financing is up to 50 % of the total budget. The minimum budget of the supported project is 30,000 euros so 15,000 euros for support. The maximum has not been defined, but for purchases of expert services, funding can be a maximum of 200,000 euros.
What is supported?
Funding can support themes such as:
Who is it for?
Internationalising mid-cap companies and SMEs who want to develop work, organisational and management practices, as well as the ability to increase the number of international experts in the company. Suitable for companies at different stages of internationalisation. Funded projects must promote the company’s international growth.
What kind of support?
Funding is up to 50,000 euros and covers 50% of the project size. The project costs are a maximum of 100,000 euros.
What is supported?
Funding can support themes such as:
Who is it for?
SMEs with a desire for significant business development and readiness to seize new business opportunities. Companies with competitiveness and resources for improvement measures.
What kind of support?
Support for a project focused on development measures and investments that ELY supports up to 50 %. Maximum project size is 200,000 euros.
What is supported?
Funding can support the following themes:
We also assist in filling other EU-level, as well as ELY and Business Finland funding applications. Examples of funding instruments include EIC Accelerator Open, Business Finland’s R&D, as well as Business Finland’s Young Innovative Companies (NIY). Contact us to discuss further.
Who is it for?
SMEs with potential for business development and growth. We will tailor the service package according to your needs.
What kind of support?
Support for the selected development service, worth 1,300€ / day. ELY’s support for Consulting Services is 975€ / day (75%), with the company’s deductible being 325€ + VAT / day (25%). The support for Analysis Service is 1,040€ (80%) and the company’s deductible is 260€ + VAT / day.
What is supported?
Y4 Works is a service provider for ELY’s development services. You can receive support with development services for the following business areas:
Learn more about ELY’s development services here.
Who is it for?
Small, under 5 year old companies with a new product or service idea with international growth potential, in the development of which the company needs development assistance.
What kind of support?
The purpose of the Innovation Voucher is to find external support for companies in the development of innovations, i.e., new product or service ideas. Therefore, the support is not suitable for the development of existing products. Maximum value is 6,000 euros (VAT 0%), deductible 25 % so max 1,500 euros.
What is supported?
With the Innovation Voucher, services with the following themes can be financed:
Who is it for?
SMEs and mid-cap companies in any industry (excluding primary agricultural production, fishing, and aquaculture) looking for new markets abroad by purchasing expert services.
What kind of support?
Support intended for the acquisition of new knowledge and expertise, covering 50 % of purchased services. In addition, other costs are accepted up to 20 % of the total amount of purchased services. The size of the projects ranges from 10,000 to 80,000 euros.
What is supported?
With Market Explorer funding, you can receive support for expert services such as:
The best ideas are born together. Discuss with our experts the challenges where we could help your company move forward.
In the meeting, we can:
Book yourself a 30-minute appointment free of charge.
There are many funding options. Our experts are happy to discuss with you which support instrument would be best suited for your company. Contact us below or get in touch with our financing experts directly.
Aleksi Nieminen
Financial Specialist
aleksi@y4works.fi
+358 41 317 5539
Y4 is a growth partner for companies and job seekers. We provide the latest insights on business development, finding your own career, and entrepreneurship. From us, you will receive versatile consulting services, trainings, and coaching flexibly throughout Finland.
We work in the pain points of society as a public sector solution partner. For this reason, our services are also available subsidised.
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