BEAM - The Business with Impact Programme
2015 GDP Growth Forecast (%)
IMF
• Economic growth is most rapid in the developing countries
• The middle class is growing and becoming wealthier
• New market openings are emerging for Finnish companies
Smalley Institute Grand Challenges
BEAM is a joint innovation programme between
Tekes and Ministry of Foreign Affairs (MFA)
Vision: Finnish companies and
other actors are part of global
ecosystems that create
economic, environmental and
societal impacts both in Finland
and developing countries
Mission: BEAM helps Finnish
companies build succesful and
sustainable businesses in
Finland and developing countries
through inclusive nnovations for
societal challenges
Targets: SMEs and their Finnish
and global partners (including
NGOs) which aim to develop
inclusive innovations in various
sectors for Sub-Saharan Africa,
Latin American, South and
Central Asian markets
Duration and funding: for 201519 with total funding of 50 Meuro
(50% public, 50% private
sources), funding will cover
grants and loans, challenge
competitions and an impact fund
as possible program services
BEAM funding levels and criteria
Grant
Lower funding levels
Higher funding levels
•Novelty and RDI
content
•Novelty and RDI
content
• Impacts with shorter
duration
•Impacts in Finland
•Impacts with shorter
and longer duration
•Economic,
environmental or
societal impacts in
partner country
•Economic +
environmental or
societal impacts in
partner country
•A viable roadmap for
collaboration as a
minimum
•Viable roadmap for
extending
collaboration and
scalability in partner
country
•Impacts in Finland
’Soft loan’
•For productization,
piloting,
demonstrations,
validiation and upscaling
•Impacts with shorter
and longer duration
•Impacts in Finland
•Economic +
environmental or
societal impacts in
partner country
•National and/or
international partners
in partner country
•Viable roadmap for
scalability beyond
partner country
Forseen activities, outputs and impacts
in Finland and partner countries*
Program Impacts in Finland and partner countries
• Economic renewal and
growth
• New innovative solutions for
environmental problems
• Increasing wellare and social
equality
Program outputs in Finland and partner countries
• Inclusive product-, service-, business model and social innovations
• New jobs, entrepreneurial opportunities and economic resources
Program activities
Project specific
• Knowledge creation, transfer and
exchange
• RDI activities
• Utilization of existing, hubs, accelerators
and other types of platforms
• Continuous dialogue with target countries
Program wide
• Market monitoring and foresight
• Information and support services
• Facilitating new ecosystems and
partnerships
• Utilization of existing, hubs, accelerators
and other types of platforms
• Continuous dialogue with partner countries
• Challenge prizes, development of an
impact fund
IMF
Inputs
• Innovation funding (grants, loans)
• Innovation- and partner country expertise
• Funding of productization, piloting,
demonstrations and validiation
* The Figure is based on Tekes impact logic model as a basis for developing impact indicators and methodologies
How should you approach us?
– Funding is available from January 1st 2015!
Presubmisison
discussion
Submission of
application
through Tekes
portal
Please consider these before applying:
Societal need to be solved in partner country?
Key partners also in target country?
Roadmap for ecosystem-building or scalability?
Joint
processing
with MFA
Go / no-go
decission,
fudning +
access to
program
services
We will consider these during assessments:
Funding level and suitable funding instrument?
Are key partners involved/is there a viable roadmap?
Can we forsee impacts in Finland and partner countries?
Thank you!
Please follow us through
www.tekes.fi/beam
#BEAM