Business opportunities

(Updated: 27.10.2020)

More business from online retailing

Business Finland and ELY Centers have ceased to accept applications for coronavirus-related support since June 8, 2020, but the development of e-commerce is still a significant means of coping with the crisis and creates opportunities for future business. Among other things, you can, of course, inquire about other development grants and loans for companies to finance the development of e-commerce.

From this link you will find a summary (in Finnish only) of Business Finland’s instructions and materials related to the establishment and development of the online store and related financing. You can also find some of them here below.

Business Finland also launched the Experience Commerce Finland program (in Finnish only), which is a continuation of the already completed eCom Growth program. The Experience Commerce program focuses on the development and internationalization of consumer business e-commerce and organizes open events on various themes. As the topic interests more and more entrepreneurs due to the crisis, the program leaders have compiled short ABC guides to setting up an e-commerce in PDF and video presentation. Both in Finnish only.
PDF guide here and VIDEO here.

Experience Commerce also has a Facebook group that actively discusses current e-commerce issues.

In addition, Facebook also has an Online Merchants group (“Verkkokauppiaat” group) where you can ask tips from other online merchants.

Campaigns and platforms

The worries about the survival of small businesses is shared by all of us, and both small and large companies and organisations are continuously developing new ways to maintain trading and help partners in trouble. It is now easier for the companies that do not have an online shop of their own to join various shared and partners’ shop platforms, and that way the products of new online sellers can be found more easily without the need for massive marketing efforts.

Visit Turku’s Kisska present card shop on the web

The KISSKA service on the Kissmyturku.fi website is a link list through which people are guided to the companies’ own websites to make purchases. The service will be updated as Visit Turku’s partners sign up. If the company does not have an online shop of its own, its present cards can be made available on Visit Turku’s online shop. Visit Kisska from this link. In Finnish only.

Tue turkulaista (support local business in Turku) present card shop online

The online shop set up by the City of Turku and its partners allows for selling present cards for own products or services in one shared marketplace, without any investments or agreements with payment service providers. Find card shop here. In Finnish only.

Mesenaatti’s Korona Aid crowdfunding

The Finnish crowdfunding company Mesenaatti has harnessed its platform for KoronaAid where anyone whose earnings have collapsed due to the coronavirus can request support. The criteria have been amended, and the minimum sum is now just 50 euros, and the minimum requirement is simply to supply the product or service that is bought. Visit Mesenaatti here. In Finnish only.

Online shop platforms

For example, Vilkas Group and MyCashFlow offer campaigns and free or reduced price trials for companies. Take a look and ask the companies for more information.
MyCashFlow platform (In Finnish only.)
Vilkas Group’s platform offer

Business possibilities in healthcare

Due to the corona pandemic, demand for some products has increased significantly. These are, in particular, the tools and equipment needed in healthcare. There is demand and opportunity for completely new types of service and solution models. There may also be new opportunities for funding from both national and EU research funding in these different global circumstances. In addition, regulations for the manufacture or sale of some products may be eased.

Team Finland’s Market Opportunities -website
BioWin Cooperation Platform COVID-19
Care & Industry together against CORONA
European Commission: Guidance for the production of masks and other personal protective equipment (PPE), leave-on hand cleaners and hand disinfectants and 3D printing
Open Call for Experts – Fighting COVID-19 with Artificial Intelligence
European commission:Coronavirus research and innovation
EURATEX provides tools to European suppliers and manufacturers to find each other and facilitate the production of protective masks and gowns (PPE and surgical) in response to the COVID-19 crisis. EURATEX on this page publishes a list of offers and requests for material, capacity or support to produce these goods (masks and gowns), and relevant information on the topic.
Enterprise Europe Network: Find a partner abroad for your business
European Research Area (ERA) corona platform

Examples of partnering opportunities

Distributors sought for AI diagnostic support solution for COVID-19
Technology solutions allowing the maintenance of Safe Operating Procedures, including social distancing on construction sites in response to the COVID-19 pandemic
Spanish biotech is looking for partners to develop novel immunotherapies against COVID19 based on Chimeric Virus Like Particles in Eureka programs, H2020 and similar
Belgian commercial company specialised in pharmaceutical products seeks pharmaceutical products and medical devices to be distributed in pharmacies and hospitals
Looking for healthcare providers and clinical experts interested in testing and validating innovative remote monitoring and telerehabilitation systems
UK-based research institute specialising in infectious disease offers support to partners for coronavirus research
A Dutch company is looking for IT-solutions for a touchless travelling and access to facilities to minimize Covid19 infection risk

Other opportunities

United Arab Emirates: E-commerce is experiencing strong growth – new solutions required urgently

Find local partnerships in Turku region (in Finnish): Alihankintaverkosto.fi

Travel and transportation restrictions

Travel and transportation during the coronavirus pandemic in EU countries