Our aim is to have more fast-growing technology companies as well as a vast and competitive pool of midcap companies in Finland. We want Finland to be the best place for entrepreneurs, investors, and top talent. This is how new jobs can be created and sustainable growth built in Finland.
In the future, startups will be increasingly significant employers and trailblazers of the business field – evidenced by Wolt’s evolution from an idea into a large company in only seven years, for instance. These novel technology companies create new industries and knowledge clusters and strengthen Finland’s position as one of the leading countries in new technologies.
Growth-seeking midcap companies create jobs all around Finland. They accelerate exports and strengthen our business ecosystem. Newcomers to the Helsinki Stock Exchange often come from amongst these companies, at which stage Finnish stock investors can also become a part of the company’s growth path.
Growth should be built for all company stages and types:
More New Startups
Our goal is for Finland to be among the top European countries when measuring the number of new startups. Right now, we are at number six, so there is catching up to do. More attention needs to be paid to entrepreneurial skills, innovation, and commercialising innovation.
More Trailblazing Unicorns
The Finnish startup ecosystem has set a goal: to have a hundred startups with a turnover of more than a hundred million by 2030. At best, new innovations and great teams can grow into exceedingly successful anchor companies, creating expertise clusters around them. By the summer of 2022, eleven unicorns, i.e., startups worth more than one billion euro, have been built in Finland, and we are looking forward to seeing more of them.
We want the whole of Finland to grow, develop and employ as many professionals as possible. There are many companies that represent traditional industries, which have the potential for more rapid growth. The growth of these companies must be accelerated. In addition to capital, private equity investors utilise their growth expertise to fully support their portfolio companies on their growth path.
Our goal is for the Finnish midlevel (or mittelstand) company ecosystem to grow and strengthen. This requires pro-entrepreneur decision-making and experienced capital management.