Advocacy

Building sustainable growth

We seek to enhance awareness of the venture capital and private equity industry as a cornerstone of sustainable economic growth throughout Finland. Venture capital and private equity play a significant role in Finnish society, and the success of the growth company ecosystem propels the entire country forward.

We aim to make a constructive contribution to policy affecting venture capital and private equity investors. Our goal is to establish a world-class operating environment where venture capital and private equity investors are seen as positive contributors to growth.

23 billion euros

Total revenue of the private equity-backed companies in Finland – 5% of the total revenue generated by companies in Finland.

101 000 employees

The number of employees in private equity-backed companies in Finland – 7% of the total number of employees in Finnish companies.

30 %

30% of the firms entering the list of top 500 Finnish companies since 2012 are private equity-backed

10 x faster revenue growth

Private equity-backed companies have grown ten times faster in terms of revenue compared to peer companies.

56 x faster growth of employee count

Private equity-backed companies have grown fifty-six times faster in terms of the number of employees compared to peer companies.

Our goals

Our goal is to bring more new, rapidly and sustainably growing technology companies to Finland, along with a broad and competitive group of medium-sized, job-creating businesses. We want Finland to be the best place for entrepreneurs, talent, and investors. This way, together, we build sustainable growth and employment in Finland.

Read more about our goals

Statements

The Finnish Venture Capital Association makes proposals and provides statements to ministries, parliamentary committees, and other entities regarding the prerequisites for growth. It is important to us that we build new and sustainable economic growth in Finland.

Find our statements (Finnish only)

Our advocacy work

The Finnish Venture Capital Association strives to create conditions for growth.

We believe in the power of collaboration. We are a widely and strongly networked actor as well as a sought-after partner. We collaborate with other stakeholders to promote positive dialogue between the venture capital and private equity industry, policymakers, the media, and the public, in order to increase understanding of the venture capital and private equity industry and its significance for the growth ecosystem and for Finland as a whole.

We provide information and solutions to policymakers and actively participate in initiatives related to the industry’s operating environment, as well as in public discourse.

We conduct advocacy both in Finland and at the EU level. We issue statements on draft legislation and participate in parliamentary committee hearings and legislative working groups. We also maintain self-regulation pertaining to the venture capital and private equity industry. Our advocacy work is supported by eight committees.

At the EU level, we conduct advocacy work in close collaboration with Invest Europe, which serves as the industry’s umbrella organisation in Brussels. We actively participate in Invest Europe’s activities through its working groups and committees, with the aim of providing member companies with current information on European legislative initiatives and conveying the views of the Finnish venture capital and private equity industry on these matters.

We generate a wealth of information to support our advocacy efforts. Annually, we release several statistical overviews on the industry’s development and impact.

We offer our members a variety of information and education on legislation affecting the industry and future trends in the field.