Accel­er­ate mar­ket entry of deep tech star­tups

Deep Tech Accel­er­a­tor fund­ing is intend­ed for star­tups under the age of five that have already start­ed their oper­a­tions and have been estab­lished to com­mer­cialise the lat­est research results and exper­tise. With the fund­ing, the com­pa­ny can invest in mea­sures that speed up the start of grow­ing inter­na­tion­al busi­ness.

The goal of the fund­ing is to help deep tech star­tups enter mar­kets faster. To achieve this, the key require­ments are to increase mar­ket and cus­tomer under­stand­ing and adapt the solu­tion under devel­op­ment to these needs, to strength­en the team, to achieve mar­ketabil­i­ty through mea­sures relat­ed to the solu­tion and the com­pa­ny (e.g. approvals, qual­i­ty man­age­ment sys­tem), the sys­tem­at­ic use of intel­lec­tu­al prop­er­ty rights, and plan­ning and pro­cure­ment of financ­ing.

The DTA fund­ing pack­age con­sists of three EUR 400,000 phas­es, the first two of which are grants and the third is a loan. Each phase is esti­mat­ed to last between 12 and 18 months. Busi­ness Fin­land’s fund­ing con­tri­bu­tion will cov­er 75% of the approved costs.

DTA fund­ing is grant­ed on the basis of fund­ing calls. In 2025, one call for appli­ca­tions will be organ­ised, and from 2026 onwards, calls will be organ­ised twice a year.

What is required from apply­ing com­pa­nies?

• Found­ed to com­mer­cialise a busi­ness idea based on sci­en­tif­ic research and relat­ed intel­lec­tu­al prop­er­ty.
• The solu­tion cre­ates added val­ue for the com­pa­ny’s cus­tomers and has sig­nif­i­cant inter­na­tion­al busi­ness poten­tial and com­pet­i­tive­ness.
• The devel­op­ment of the solu­tion is still in progress, but it is at a lev­el where it is jus­ti­fied to start com­mer­cial­i­sa­tion mea­sures and busi­ness devel­op­ment.
• A full-time found­ing team with cred­i­ble exper­tise in tech­nol­o­gy and busi­ness devel­op­ment.
• A cred­i­ble finan­cial plan and over­all fund­ing.
• The will­ing­ness and pre­req­ui­sites to raise invest­ments in the com­pa­ny.

A more detailed set of cri­te­ria and require­ments for the com­pa­ny are pre­sent­ed in the call for appli­ca­tions.

Source: Busi­ness Fin­land