Finnish Fund for Industrial Cooperation Ltd. (Finnfund) is a Finnish development finance company that provides long-term investment loans and risk capital for private projects in developing countries and Russia. We support profitable projects in challenging markets where commercial financing is hard to obtain.

Projects with links to Finland

Finnfund invests mainly with Finnish companies but we also finance their partners such as long-term customers, suppliers, subcontractors and companies that license technology. We can also provide financing for other projects that use Finnish technology or know-how, or generate significant environmental or social benefits.

Our financing is on market terms and depends on the risk profile of the project. In addition to long-term investment loans, we can also invest equity and offer subordinated loans or other mezzanine financing. Regardless of the form of finance, we always participate as a financial investor with a minority stake.

Finnpartnership is a business partnership programme financed by the Ministry for Foreign Affairs of Finland and operated by Finnfund. Finnpartnership provides financial support for Finnish companies’ projects in developing countries and assists in seeking out new business opportunities and partners.

Solid experience of developing markets

Finnfund’s customers have access to our contacts with other financial institutions and our long experience in developing countries. Because Finnfund is state-owned, our participation may benefit dealings with local authorities.

Most of our investments are in manufacturing but we also invest in other sectors such as telecommunications, forest industry, renewable energy and health services.

Our network at your disposal

Apart from the projects of Finnish companies and their partners, Finnfund selectively finances the private sector in developing countries via venture capital funds. Cooperation with funds and development finance institutions provides us with valuable contacts and information about local markets in developing countries.

Finnfund is a member of the Team Finland network that promotes Finland's external economic relations and country brand, the internationalization of Finnish companies as well as foreign investment directed at Finland. More than 70 local teams around the world handle its activities abroad.

Finnfund collaborates closely with other European development financiers. Finnfund is a member of EDFI, the Association of European Development Finance Institutions.