The Act on Business Finland proceeds to the Parliament, Pekka Soini as the new Director General
On October 26, 2017, the Government submitted a bill for an Act on Business Finland. Business Finland will bring under the same roof all the present services of the Finnish Funding Agency for Innovation (Tekes) and Finpro related to innovation funding and internationalization as well as to the promotion of exports, foreign investment in Finland and tourism. Business Finland will start operating in the beginning of year 2018 when the law is adopted.
The purpose of the Act will be to create a national body that will clarify and simplify the public internationalization services offered to businesses, and support international cooperation in research, development and innovation as well as regional growth services. The new body would have around 600 employees and nearly 40 service locations abroad as well as, in the future, service locations in 18 counties throughout Finland.
Pekka Soini, Director General of Tekes, will continue as Director General of the new Business Finland body after the law is adopted. Soini will work closely with Pertti Korhonen, Chair of Business Finland's Change Management Board.
"The Business Finland reform has been prepared as a close collaborative effort with the Change Management Board, which consists of representatives of Finpro and Tekes management, customers and stakeholders. The goal is to serve customers better than before when the new Business Finland is launched," says Pertti Korhonen.