Concrete results from Finnpartnership projects 

In 2013 the demand for Finnpartnership’s services rose. Finnpartnership received 124 new applications and granted Business Partnership Support for 96 projects, to the total sum of EUR 3.5 million. More information can be found in the Board of Directors’ Report.

Twenty-three of the recipients of Business Partnership Support in 2010, that received over EUR 400,000, have submitted their final follow-up reports. These companies represent approximately a third of all the projects supported in 2010. One-fourth of them said operations were continuing well, whereas one-fifth of the companies said the project was still at the planning stage. The companies have invested EUR 12.7 million in their target countries, which is nearly thirty times the amount of support reimbursed. The other 46 companies will submit their reports in 2014. 

The companies provide work for about 114 people. The number of directly employed persons is 79 and 9 per cent of these are women. Development impacts related to the transfer of know-how and technology were reported by 57 per cent of the projects. The aim of training in the projects is to develop human capital in the working population of the target country. Personnel were trained in one quarter of projects.

Matchmaking service connects companies in Finland and developing countries

In 2013 the Matchmaking service was intensified and Finnpartnership received 245 matchmaking requests from companies operating in developing countries. During the year 36 applications were registered with the Matchmaking data base, of which 31 were from developing countries. In a follow-up survey about 19 per cent of the companies registered with the Matchmaking service stated that there has been at least communication between Finnish companies and companies in developing countries.

In 2013 the Ministry for Foreign Affairs decided that Finnfund will continue to manage Finnpartnership until the end of 2015 or until Finnpartnership is merged with Finnfund’s operations.

Examples of projects supported by Finnpartnership