Finland's 2B Euro Tax Money R&D Investment Generates 3M Euros In Licensing Revenues
Writing this directly from back seats of the Kasvufoorumi event organised by the Finnish Software Entrepreneurs Association while it's still going. While there are a lot of traditional presentations from companies and organisations involved in this ecosystem, there was also a presentation by Pasi Sorvisto, Juha Ruohonen and Pekka Roine that really caught my eye.
The study titled The Value Creation For The Research-Based Ideas revealed very interesting numbers and the honest true state of the Finnish so called "innovation system". Based on the executive summary of the presentation it has managed to coin the state of our innovation ecosystem the best I've seen so far.
Sponsored: DigitalBooker - E-commerce for the service sector
This post is sponsored by the Finnish Software Entrepreneurs Association as part of their competition on ArcticStartup. Feel free to participate in the competition for your chance to win a free promotional article.
DigitalBooker offers companies selling wellness, sports and beauty services a tailored internet shop, giving them an efficient system to benefit from the ease and increasing popularity of internet shopping.
Microsoft Launches Tools For Startups - BizSpark
Last Friday, Microsoft launched a new program called Bizspark that offers startups of different ages and stages tools to take care of their software and hosting requirements. Technopolis Ventures, Veraventure, The Finnish Software Entrepeneurs Association and Venture Cup has partnered with Microsoft in Finland to accept participants into the program.
Startups must meet the following requirements to be accepted into the program:
- Be actively engaged in development of a software-based product or service that will form a core of its current or intended business
- Be privately held
- Be in business for less than 3 years and
- Have less than 1 million USD annual turnover.
Despite being a Mac fanatic, I have to give it to Microsoft for pulling this off. They are sponsoring a wide range of products that suit many companies working in the internet space especially. Also, the packages being offered are tailored for companies in different stages of their growth and thus are also bundled together with their capability to pay for the software.
For more information, visit Microsoft Bizspark. You can also find your partners in Sweden, Norway, Denmark and the Baltics through this link.
