Explore business opportunities
May-2023
Explore business opportunities in Finland
Finland offers several business opportunities across various industries, thanks to its stable economy, highly educated workforce, and focus on innovation. Here are some sectors with promising business opportunities in Finland:
- Cleantech and renewable energy: Finland is known for its commitment to sustainability and clean technology. The country aims to be carbon neutral by 2035, creating opportunities in renewable energy, energy efficiency, waste management, and sustainable transport.
- Information and communication technology (ICT): Finland has a thriving ICT sector and is home to numerous tech startups and multinational companies. Business opportunities exist in areas such as software development, mobile app development, artificial intelligence, machine learning, and cybersecurity.
- Health and life sciences: The Finnish healthcare system is renowned for its efficiency and high-quality services. There are opportunities in biotechnology, pharmaceuticals, medical devices, e-health, and digital health solutions.
- Education and training: Finland is known for its world-class education system. Business opportunities exist in educational technology (EdTech), vocational training, language learning, and the export of Finnish education expertise.
- Gaming industry: Finland is home to some successful gaming companies, such as Supercell, Rovio, and Remedy Entertainment. This presents opportunities for game development, publishing, and related services.
- Tourism and hospitality: Finland attracts tourists interested in experiencing the Northern Lights, visiting Santa Claus Village, or exploring the country’s natural beauty. Opportunities in this sector include accommodation services, tour operations, and adventure tourism.
- Food and agriculture: The Finnish food industry is focused on sustainability, quality, and innovation. Opportunities can be found in organic and locally-sourced products, innovative food processing technologies, and food exports.
- Design and creative industries: Finland has a strong design tradition, with companies like Marimekko and Iittala gaining international recognition. Business opportunities exist in industrial design, fashion, textiles, and architecture.
- Advanced manufacturing: Finland has a strong industrial base, with opportunities in areas such as advanced materials, smart factories, and robotics.
Logistics and transportation: Finland’s strategic location between East and West, along with its well-developed infrastructure, creates opportunities in logistics, warehousing, and transportation services.
To explore business opportunities in Finland, consider the following steps:
- Research the market: Analyze market trends, consumer preferences, and competition in the sector you’re interested in.
- Network: Connect with industry professionals, attend trade shows and conferences, and join local business associations to expand your network and gain insights into the market.
- Identify potential partners: Establish relationships with potential partners, suppliers, and customers to facilitate your entry into the Finnish market.
- Understand regulations and compliance: Familiarize yourself with Finnish laws, regulations, and compliance requirements relevant to your industry.
Seek local support: Consult with local business development agencies, such as - Business Finland or regional development organizations, for guidance and assistance.
By understanding the Finnish market and leveraging available resources, you can identify and seize promising business opportunities in the country.