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BEAM - The Business with Impact Programme
2015 GDP Growth Forecast (%) 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 IMF
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 2015- 19 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 For productization, piloting, demonstrations, validiation and up- scaling 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 ’Soft loan’ Novelty and RDI content Impacts with shorter and longer duration Impacts in Finland Economic + environmental or societal impacts in partner country Viable roadmap for extending collaboration and scalability in partner country Grant Novelty and RDI content Impacts with shorter duration Impacts in Finland Economic, environmental or societal impacts in partner country A viable roadmap for collaboration as a minimum Lower funding levelsHigher funding levels
IMF Forseen activities, outputs and impacts in Finland and partner countries* Program Impacts in Finland and partner countries Economic renewal and growth Increasing wellare and social equality New innovative solutions for environmental problems Program outputs in Finland and partner countries Program activities Inputs Innovation funding (grants, loans) Innovation- and partner country expertise Funding of productization, piloting, demonstrations and validiation Project specific Knowledge creation, transfer and exchange RDI activities Utilization of existing, hubs, accelerators and other types of platforms Continuous dialogue with target countries Inclusive product-, service-, business model and social innovations New jobs, entrepreneurial opportunities and economic resources * The Figure is based on Tekes impact logic model as a basis for developing impact indicators and methodologies 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
Pre- submisison discussion Submission of application through Tekes portal Joint processing with MFA Go / no-go decission, fudning + access to program services 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? 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? How should you approach us? – Funding is available from January 1st 2015!
Thank you! Please follow us through www.tekes.fi/beam #BEAM
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