The Finnish Research Impact Foundation works to strengthen public-private partnerships and to promote the impact of research.
Niklas von Weymarn, the CEO of the Metsä Spring innovation company, and Ilkka Kilpeläinen, the professor of organic chemistry at the University of Helsinki, have been partners at work for more than a decade already. They share a passion for developing a new, ecologically sustainable, and economically effective way to make textile fibre from wood.…
Public research funding plays a significant part in the background of successful products and solutions. It may support and boost the birth of active cooperation between academia and business.
What is the Foundation about?
Enhance the interaction between industrial and academic stakeholders
The Finnish Research Impact Foundation was created by the Finnish government in 2019 with a view to strengthening public-private partnerships and enhancing the interaction between industrial and academic stakeholders.
Funding for public-private partnership research projects
Ideally, research and industry will work closely in mutually beneficial joint projects where research helps businesses to develop new products and services for the future. At the same time, the joint effort towards novel solutions will generate new research questions.
Reinvigorate Finnish industry through world-class research
Ultimately the Foundation’s aim is to reinvigorate Finnish industry through world-class research. At the same time, these efforts will contribute to a stronger platform for Finland’s renewal and regeneration and the development of Finnish know-how.