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. 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.

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

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 clients have access to our contacts at other financial institutions and our comprehensive experience in developing countries.

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 and boosts the success of Finnish companies abroad. The Team Finland network brings together all of state-funded actors and their services to promote the internationalisation of Finnish companies, to attract foreign investments to Finland, and to promote Finland’s country brand.

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

www.finnfund.fi

Photo: Kilombero Valley Teack Company, Tanzania