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 Finland has a thriving startup ecosystem supported by key advantages such as world-class technology infrastructure, a talented workforce, and high levels of R&amp;D investment. Finnish society is renowned for being stable and transparent, with a low level of bureaucracy and high openness to new technologies. These factors contribute to the country’s attractiveness and its position as one of the top business-friendly locations in the world. 
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 A significant role is played by the public sector, which offers numerous incentives and is generally supportive of startups. In addition to low tax rates, the government provides funding and services for innovative early-stage companies and supports universities in commercializing their ideas. For instance, the Finnish Startup Permit makes it possible for international growth entrepreneurs from outside the European Union to build a startup in Finland. Many more country-level initiatives are led by Business Finland, which offers grants, loans, and internationalization support to help startups scale globally. 
 The Finnish business environment is also highly attractive to foreign investment. Finland has a vibrant ecosystem of accelerators, angel investors, and venture capitalists, all backed by strong government support. Instrumental to this environment is Business Finland, which operates programs such as 6G Bridge and Data Economy Bridge, and offers funding services specifically for R&amp;D and technological advancement. 
 As the majority of Finland’s startups are based in the capital, Helsinki is becoming a major startup center in Northern Europe. Business Helsinki (by the City of Helsinki) and Helsinki Partners are key actors in supporting the growth of the local startup ecosystem. While Helsinki remains Finland’s primary hub, other cities are gaining recognition for their innovation contributions. Espoo and Oulu have established themselves as centers for research and entrepreneurship, supported by organizations such as Metropolia, ICTOulu, and Enter Espoo. The City of Turku, a rising regional hub, strengthens Finland’s leadership in Life Sciences and Maritime Technology, driving growth in Deep Tech and sustainable innovation. These cities provide strong infrastructure and resources for startups across sectors like Sustainability, Cleantech, and Advanced Research. 
 Thanks to this strong support system, Finland has produced numerous startup success stories across a range of industries, despite its relatively small market size. Historically, Finland demonstrated its ability to deliver cutting-edge global solutions with its early dominance in the Mobile Phone industry, led by Nokia. More recently, the country has solidified its global position in Gaming, producing unicorns such as Supercell and Rovio (creators of the Angry Birds franchise), which attracted top-tier talent to Helsinki. Similarly, Finnish startups have seen successful exits, such as Wolt, the food delivery startup acquired by DoorDash for €7 billion. 
 Today, Finland offers growth opportunities in several key sectors, including Bioeconomy, Clean and Smart Technologies, Health and Wellbeing, ICT and Digitalization, and Travel and Tourism. These industries reflect the country’s deep commitment to innovation, sustainability, and high-tech excellence. 
 In addition to cultivating successful entrepreneurs, Finland also understands the importance of promoting its business environment through global events. <a href="https://slush.org/">Slush</a>, one of the world’s largest startup conferences, attracts tens of thousands of participants annually, giving the nation a major boost in global visibility and reinforcing its reputation as a startup powerhouse. 

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![temple near the ocean during night](https://images.unsplash.com/photo-1540799051881-f52f8d808bf3?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxzZWFyY2h8Nnx8aGVsc2lua2l8ZW58MHx8MHx8fDA%3D&w=1000&q=80)
 Finland has a thriving startup ecosystem supported by key advantages such as world-class technology infrastructure, a talented workforce, and high levels of R&D investment. Finnish society is renowned for being stable and transparent, with a low level of bureaucracy and high openness to new technologies. These factors contribute to the country's attractiveness and its position as one of the top business-friendly locations in the world. 

==read-more==
 A significant role is played by the public sector, which offers numerous incentives and is generally supportive of startups. In addition to low tax rates, the government provides funding and services for innovative early-stage companies and supports universities in commercializing their ideas. For instance, the Finnish Startup Permit makes it possible for international growth entrepreneurs from outside the European Union to build a startup in Finland. Many more country-level initiatives are led by Business Finland, which offers grants, loans, and internationalization support to help startups scale globally. 

 The Finnish business environment is also highly attractive to foreign investment. Finland has a vibrant ecosystem of accelerators, angel investors, and venture capitalists, all backed by strong government support. Instrumental to this environment is Business Finland, which operates programs such as 6G Bridge and Data Economy Bridge, and offers funding services specifically for R&D and technological advancement. 

 As the majority of Finland's startups are based in the capital, Helsinki is becoming a major startup center in Northern Europe. Business Helsinki (by the City of Helsinki) and Helsinki Partners are key actors in supporting the growth of the local startup ecosystem. While Helsinki remains Finland’s primary hub, other cities are gaining recognition for their innovation contributions. Espoo and Oulu have established themselves as centers for research and entrepreneurship, supported by organizations such as Metropolia, ICTOulu, and Enter Espoo. The City of Turku, a rising regional hub, strengthens Finland’s leadership in Life Sciences and Maritime Technology, driving growth in Deep Tech and sustainable innovation. These cities provide strong infrastructure and resources for startups across sectors like Sustainability, Cleantech, and Advanced Research. 

 Thanks to this strong support system, Finland has produced numerous startup success stories across a range of industries, despite its relatively small market size. Historically, Finland demonstrated its ability to deliver cutting-edge global solutions with its early dominance in the Mobile Phone industry, led by Nokia. More recently, the country has solidified its global position in Gaming, producing unicorns such as Supercell and Rovio (creators of the Angry Birds franchise), which attracted top-tier talent to Helsinki. Similarly, Finnish startups have seen successful exits, such as Wolt, the food delivery startup acquired by DoorDash for €7 billion. 

 Today, Finland offers growth opportunities in several key sectors, including Bioeconomy, Clean and Smart Technologies, Health and Wellbeing, ICT and Digitalization, and Travel and Tourism. These industries reflect the country's deep commitment to innovation, sustainability, and high-tech excellence. 

 In addition to cultivating successful entrepreneurs, Finland also understands the importance of promoting its business environment through global events. [Slush](https://slush.org/), one of the world’s largest startup conferences, attracts tens of thousands of participants annually, giving the nation a major boost in global visibility and reinforcing its reputation as a startup powerhouse.

MariaDB

Qt Group

LeadDesk Oy

Swappie

Oura

The country has some notable startup success stories including , Swappie.

Finland has 9 cities in the
    top 1000 and has a vibrant startup scene that ranks 15th
    within the competitive global top 20.

Since 2025, Finland lost 1 spot
    in the Global Startup Ecosystem Index, having now positioned itself as 15th worldwide.

Finland’s startup ecosystem ranks 8th in Western Europe and 15th globally. Finland’s startups raised 5157651 US dollars on average. Find the most promising startups, unicorns, and notable exits in Finland.

Startup Ecosystem of Finland | Startupblink

Our startup ecosystem map for Finland includes a sample of  1085 tech companies. We have identified as unicorns 4 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 3 pantheon member entities.

With a large variety of accelerator programs and initiatives, Finland's startup scene stands out from that of other countries in Western Europe. Finland offers a number of funding
opportunities for entrepreneurs and startups. Below is a list of some of Finland's most prominent support initiatives:

An inspiring ecosystem that is steadily due to its growing use of digital technologies, rapid urbanization and planned investments

WADAAG TECHNOLOGIES

Sostec

FGS Bill Tracker

Zaad

Wadaag Investment

A growing regional and global startup leader 

bitget.com

AscendEX

DeBank

Trip.com

Viki

A vibrant and strong startup hub attracting international recognition and investment

Cámara de Comercio de Bogotá

Founder Institute (FI) Bogota

RockStart Latam 

Calle 26 # 92-32

Carrera 7 #116-50

Carrera 19 # 100 - 45

Toastmasters Bogota

Picap

Autolab

Cubbo

Rappi

Addi

Bold

Calle 127a # 53a-45

A leading regional startup hub owing its succes to the creative and innovative spirit of its people 