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Enter the service paths

Explore the paths of example entrepreneurs with business services. Select the example entrepreneur who resembles you the most and see what kind of choices they have made along the way. By clicking the symbols, you can go directly to the page describing the service.

  • Number of employees < 5
  • Turnover < 10.000 €
  • Lifecycle initial stage
  • Need for investments medium

 

1 PROMISING START UP IDEA

Stina participates in the activities of TAMK’s Y-Kampus. She has an idea of a globally scalable technology application and gathers an inspired team around her

 

2 APPOINTMENT WITH THE ELY CENTRE

Stina books an appointment with ELY Centre. The corporate counsellor specialises in commercialising innovation and funding growth.

 

3 DEVELOPMENT IN AN START UP PROGRAMME

Stina sens an application for New Factory‘s Start Up programme. During the cost-free starting phase, the team tests and develops its idea, finds the first customers, and makes contact with financiers.

 

4 ACCUMULATED SHARE CAPITAL

The team is convinced of the application’s potential and decides to establish a limited liability company. The capital is accumulated with assistance from friend, family members, and courageous backers.

 

5 APPLYING FOR DEVELOPMENT SUBSIDY

Stina applies for a development subsidy from ELY Centre. To cover her 50% proportion of internal financing, she receives a working capital loan from Finnvera.

 

6 NETWORKING AND MARKETING

The team attends events aimed at startup companies, where they market their idea to potential customers and investors. They follow current business event on the tapahtumatyrityksille.fi website.

 

7 EXPERT ASSISTANCE FROM THE ELY CENTRE

Stina wants to speed up access to the marketplace. Experts on development services from ELY Centre help with marketing and packaging of products, for instance.

 

8 PRIVATE EQUITY FINANCING

Growth requires money. Stina pitches her idea to the Finnish Business Angels Network (FiBAN) and tries out crowdfunding.

 

9 APPLYING FOR FUNDING FROM BUSINESS TAMPERE

The private financing round is a success. Business Tampere grants Stina a positive funding decision for the planning of international growth.

  • Number of employees 10-30
  • Turnover €5 million
  • Line of business SME machine shop
  • Need for investments medium

 

1 DESIRE TO REFORM BUSINESS OPERATIONS

Frank is a family entrepreneur who has completed a change of generation. He wants to bring his business into the digital age and develop new services for his customers.

 

2 IDEA OF DIGITAL SERVICE

Frank attend an event that showcases the possibilities of 3D technology. He has an idea on how he can utilise this technology in his own business operation.

 

3 DEVELOPING THE CONCEPT AT NEW FACTORY’S DEMOLA

Frank contacts New Factory‘s Demola. Univerity students develop a prototype of a new concept for Frank, one in which the processes of his machine shop can be digitalised.

 

4 R&D PROJECT AND FINANCING

After the successful Demola project, Frank launches the actual R&D project with VTT. He applies for project funding from Business Finland.

 

5 RECRUITMENT AND EMPLOYMENT MATTERS

With help from the TE Services, Frank hires a new employee to lead the R&D project. He verifies the local collective agreement by contacting the occupational safety and health inspector of the Regional State Administrative Agency.

 

6 DEVELOPMENT OF PERSONNEL

Frank sends his new employee to training in Special Qualification in Product Development, provided by an apprenticeship contract with TAKK.

 

7 JOINING THE INNOVATION PLATFORM

Frank wants to speed up the commercialisation of his innovation. He participates in the activities of the FIMECC Factory, which bossts the digitalisation of the metal industry.

 

8 ENTREPRENEUR OF THE YEAR AWARD

Frank’s R&D project turns out to be resounding success. Customers are excited about the new service, and Frank receives the Entrepreneur of the Year award from the entrepreneur organisation.

  • Number of employees < 5
  • Turnover €50,000
  • Linfe cycle initial stage
  • Need for investments small

 

1 SPARK FOR ENTREPRENEURSHIP

Hank has been secretly dreaming of establishing his own business for a long time. At the same time, co-determination negoations are about to begin at his workplace.

 

2 DECIDING TO ESTABLISH HIS OWN BUSINESS

Hank decides to update his professional skills at a local education institution. This also gives him the encouragement he needs to found his own entreprise.

 

3 PARTICIPATING IN COACHING FOR ENTREPRENEURS

Hank attend labour policy coaching for entrepreneurs provided by the TE Services. During that course, he deepens his knowledge of managing the day-to-day business of his company.

 

4 APPOINTMENT WITH ENSIMETRI

Hank books an appointment with Ensimetri. The entrepreneurship counsellor helps him crystallise his business idea, choose the correct type of entreprise, and prepare the necessary documents, for example.

 

5 MY ENTREPRISE FINLAND FOLDER

Hank opens a cost-free My Entreprise Finland folder for his business. This easy-to-use online service assembles the most important services and information of an entreprise in one location.

 

6 APPLYING FOR A STARTUP GRANT

A startup grant provided by the TE Services helps Hank launch his business operation. He also submits an application to Finnvera for a small loan for a new entrepreneur.

 

7 NOTIFICATION TO THE TRADE REGISTER

Hank recieves a notification by post that his company has been entered into the Trade Register. At the same time, he was issued a business ID that is needed for starting business activities.

 

8 SERVICES AND SUPPORT FOR AN ENTREPRENEUR

Hank realises that an entrepreneur should not do everything by himself. He arranges competitive bidding for reliable service providers for his company through his own networks and recommendations provided by fellow entrepreneurs.

 

9 NETWORKING AND MARKETING

Hank is an active participant in the activities of entrepreneurial prganisations and network. Their cost-free training and other events also give him an opportunity to market his own experise.

 

10 DEVELOPMENT AT A START UP WORKSHOP

After a promising start, Hank decides to attend a Start Up workshop arranged by the TE Services. Experienced entrepreneur coaches train him on challenges and development related to business operations.

  • Number of employees 10-50
  • Turnover €7-10 million
  • Line of business technology industry
  • Need for investments medium

 

1 AIMING FOR INTERNATIONAL GROWTH

Iris runs a successful business operating in the EU market. She wants to develop a concept in cleantech and service business for the Asian marketplace.

 

2 R&D PROJECT WITH VTT

Irma decides to start, together with VTT, an R&D project directed at a new business area.

 

3 APPLYING FOR FUNDING FROM BUSINESS FINLAND

Irma, together with VTT, submits an application for Horizon 2020 funding from Business Finland for building international research and innovation cooperation.

 

4 NEW PREMISES AND NETWORKS

Irma’s operations are expanding. She finds a plot of land for new premises with the help of Business Tampere’s placement and office services. Irma networks with, for example, entreprises in the Kolmenkulma Cleantech area and joins the nationwide Cleantech Finland as a member.

 

5 PARTICIPATING IN INNOVATIVE PROCUREMENT BY THE CITY

Irma chart the market for her new solution and offers it as a pilot project to the City of Tampere. The pilot, implemented in an urban environment, is an important reference for the international marketplace.

 

6 ENTREPRISE EUROPE NETWORK

Irma looks for pilot target abroad. Se decides to take advantage of services offered by the Entreprise Europe Network, which provides companies with advice and services, related to EU matters, for finding international business partners.

 

7 FUNDING ROUND FROM A VENTURE CAPITAL FIRM

Irma applies for new capital from the Finnish Industry Investment Ltd, a government-owned investment company, which invests in promising Finnish businesses during their growth and internationalisation phase.

 

8 AN INTERNATIONAL NIB LOAN

Irma’s company receives a competitive loan from the Nordic Investment Bank. With this loan, Irma is able to expand her business operations to Asia.

  • Number of employees 30
  • Turnover €5-15 million
  • Life cycle phase established
  • Need for investments medium

 

1 PROGRESS FROM SUPPLIER TO SERVICE PARTNER

Mark’s company has operated as a manufacturer of lifting equipment for a decade. He wants to expand his business operations to support, maintenance, and auxiliary services in his line of business.

 

2 PREMISE FOR THE SERVICE BUSINESS

Mark contacts the School Management at the Univeristy of Tampere. The Research and Education Centre Synergos helps the company crystallise its premise for the service business and the needs of its customers.

 

3 ASSEMBLING THE TEAM

Mark searches for a suitable expert on the retail trade to head the service business. He retrains a recruitment firm specialising in executive search. The team is made up of company staff and new employees.

 

4 DESIGNING THE SERVICE CONCEPT

The new team takes part in Service Desing ABC training provided by the ELY Centre and beging to put together a customer-oriented concept in service offering.

 

5 FINANCING GROWTH

Mark contacts Finnvera to find a solution with growth financing, so he can launch his service business.

 

6 TRAINING EMPLOYEES

The training of staff members on selling the services begins. Mark orders a custom-made training package from Tredu.

 

7 BUILDING THE SERVICE NETWORK

Togheter with his team, Mark assembles a support and maintenance network. A network of experts from a consultancy company helps him find reliable business partners.

 

8 DIGITAL TOOLS

Through Business Tampere, Mark finds a production company that helps him create a specific intranet portal, complete with digital tools, for the network of subcontractors.

 

9 MARKETING AND SALES

In order to secure a distinguishable and attractive service concept, Mark retains the help of an advertising agency that is also responsible for the planning of marketing and sales tools.

  • Number of employees 8
  • Turnover < €1-2 million
  • Line of business health technology
  • Need for investments medium

 

1 AN IDEA RELATED TO PRODUCT DEVELOPMENT

Irma runs a business operation in the health technology industry. A problem that a customer company had gave her an idea to further develop her product.

 

2 JOINING THE OPEN INNOVATION PLATFORM

Irma joins the HealthHub OPEN innovation platform aimed at operators in medicine, where a multidisciplinary working group develops the product further in collaboration with Irma.

 

3 FINNMEDI RESEARCH FUNDING

The problem that Irma’s customer company had generates a research project in the health technology industry. Irma obtains research results that enhance her ideas for product development.

 

4 BIOMEDITECH

The BioMediTech innovation platform in medicine further fine-tunes research results by means of a prototype. The product innovation turns out to be a solution for broader problems.

 

5 SHOK HUB

Irma joins a national Strategic Centre for Science, Technology and Innovations (SHOK in Finnish) called SalWe Oy, whose line of business is related to health and well-being. They manage to develop a commercial version of the prototype for the innovation.

 

6 PRIVATE EQUITY FINANCING

Irma find potential financers for the further development and lauch of her product through the Finnish Venture Capitalist Association (FVCA). She receives an affirmative answer from the Lifeline Ventures equity investment fund.

 

7 GROWTH PLAN

Irma retains a consultancy company to help her draw up a growth plan.

 

8 IMPLEMENTATION OF THE GROWTH PLAN

Irma acquires assistance from FinnMedi Oy’s Growth service with the implementation of her new growth plan.

  • Number of employees 100
  • Turnover €30-60 million
  • Line of business mechanical engineering industry
  • Need for investments medium

 

1 EXPANDING OPERATION FOR NEW CLIENTELE

Eric heads a company that operates in the international marketplace and manufactures transmission components for the maritime industry. He considers opportunities for finding new markets for his products, because demand for his type of component has declined in the maritime industry.

 

2 SUPPORT FOR EXISTING OPERATIONS

Eric decides to submit an application for the Finland Maritime and Offshore programme managed by Exports Finland. For networking efforts he recieves help and support from significant internationalisation experts.

 

3 SUBMITTING A TEAM FINLAND CONTACT FORM

Eric describes his business plan in a Team Finland contact form, aftre which he is contacted by an expert from the ELY Centre.

 

4 USING DEVELOPMENT SERVICES

Eric recieves consultancy assistance to chart his situation through the ELY Centre‘s corporate development services unit. Together, they decide to analyse wheter the component type manufactured by Eric’s company could fit equipment in another branch of industry.

 

5 COMMISSIONED SURVEY

Eric commissions a survey with TUT, which reveals that similar components are needed in the wind power industry.

 

6 UPDATING THE PRODUCTION PROCESS

Eric in a member of the metal industry’s FIMECC network. He receives help from other member companies in reforming production for a new customer segment.

 

7 FINDING CUSTOMERS

Eric searches for new, international customers for his business from the eSupplie network for European industrial companies, and the Subcontracting Excellence Club (S.E.C.) network of Finnish metal industry subcontactors.

 

8 READY FOR EXPORT

Through Finnvera‘s SME Export Finance Programme, Eric manages to expand his operation in a new customer segment.

  • Number of employees 100
  • Turnover €30-60 million
  • Line of business a manufacturer of production lines for the process industry
  • Need for investments medium

 

1 DEVELOPING AN OLD PRODUCT INTO A NEW ONE

Bruce heads a company that operates in the international marketplace and manufactures production lines for the process industry. In order to improve its efficiency, production lines should be developed by meand of digitalisation.

 

2 COACHING THROUGH GROWTHCAMP

Bruce decides to take part in an event called GrowthCamp. During an intensive two-day period, Bruce comes up with the idea of developing a production line with the help of a new, electronic control system.

 

3 SUBMITTING A BUSINESS FINLAND CONTACT FORM

Bruce describes his business plan in a Business Tampere contact form, aftre which he is contacted by a financial expert. Business Tampere grants Bruce research funding, where the control system can be developed in collaboration with a research institution in the sector.

 

4 DEVELOPING THE PRODUCT

Bruce also receives help with the development of the production line’s control system from operators at the SMACC Smart Machines and Manufacturing Competence Centre.

 

5 FINDING CUSTOMERS

Bruce searches for new, international customers for his business from the eSupplie network for European industrial companies. He also looks for subcontractors from the Subcontracting Excellence Club network for Finnish metal industry companies.

 

6 READY FOR EXPORT

With Finnvera‘s SME Export Finance Programme, Bruce can finance significant new orders.


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