The Finnish chip industry is poised for a significant transformation with the launch of The Chips Campaign by Business Finland. This initiative aims to bolster Finland’s position in the global microelectronics, photonics, and quantum technology sectors by leveraging emerging business opportunities in Europe and select global markets.
Seizing Emerging Opportunities
The Chips Campaign is designed to help Finnish companies and research institutions capitalize on the restructuring of global value chains. With the European Union investing €43 billion to strengthen its technological leadership in R&D, design, and manufacturing, there is a substantial opportunity for Finnish entities to integrate into European ecosystems and the re-emerging global value chain.
Building on Strong Foundations
Finland boasts a robust foundation in microelectronics, photonics, and quantum technologies, with over 300 companies in the industry. These companies are well-positioned to grow significantly in the coming years, both in terms of revenue and employment. The Chips Campaign aims to accelerate this growth by providing tailored advisory, R&D funding, trade promotion, and foreign direct investment promotion services.
Key Objectives
The primary objectives of The Chips Campaign include:
- Activating companies and research institutes to engage in R&D projects.
- Helping entities seize opportunities in European R&D networks and value chains.
- Supporting companies in expanding their business in key global markets.
- Promoting Finland as a prime location for R&D and production to attract foreign direct investments.
Comprehensive Support Services
The campaign offers a range of services to support R&D-driven growth, including funding advisory and partnering services. These services are designed to accelerate business growth and expansion into new technological areas, benefiting both individual companies and collaborative R&D projects with research institutes.
Conclusion
The Chips Campaign represents a strategic effort to enhance the competitive edge of the Finnish chip industry. By fostering innovation, facilitating international collaboration, and attracting investments, this initiative is set to drive significant growth and position Finland as a key player in the global microelectronics, photonics, and quantum technology sectors.
