Jobs, know-how and training with Finnpartnership's support 

In 2014 the demand for Finnpartnership’s services was stable. Finnpartnership received 121 new applications and granted Business Partnership Support for 90 projects, to the total sum of EUR 4.3 million. More detailed information can be found in the Board of Directors’ Report.

Of the recipients of Business Partnership Support in 2010, 65 companies who received a total of EUR 1.25 million, have submitted their final follow-up reports. One-third of them said operations were continuing well, whereas one-fourth of the companies said the project was still at the planning stage. The companies have invested about EUR 20 million in their target countries, which is around sixteen times the amount of support reimbursed.

The companies provide work for about 860 people. 620 persons are directly employed and 29 per cent of these are women. 60 per cent of the projects reported development impacts related to the transfer of know-how and technology. The aim of training included in the projects is to develop human capital in the working population of the target country. Personnel were trained in half of the projects.

New partners and business opportunities

Finnpartnership received 222 matchmaking requests from companies operating in developing countries. During the year 80 applications have been registered with the matchmaking data base. In a follow-up survey about 38 per cent of the companies registered with the matchmaking service stated that there has already been at least communication between Finnish companies and companies in developing countries.

Examples of projects supported by Finnpartnership