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Tekes key figures in 2012
Key figures 2012
Target year turnover
expected from company
projects

6.2

Projects that were
completed in 2012
resulted in

The projects
created 1,260
new or replacing
products, services or
processes

980

patents or patent
applications

billion euros

47 out of 50

1
2
3

fastest-growing
technology
companies in Finland
are Tekes customers

570 M€
Funding for companies and
research organisations,
570 million euros

2,900

Applications processed in

funding applications

1,700

development ideas tested

1,240

days

rejected applications

350 million euros for
company projects,
of which 135
million for young
growth companies

€

DM 1075883

71

01-2013

68 %
of company funding to
SMEs
Tekes customers are successful

10 fastest growing companies
in Finland in 2012, 8 of which
are Tekes customers
(growth in 5 years, %):
Dream Broker Oy (2712 %)
Nord Software Oy (2052%)
Analyse2 (1641 %)
Eniram Ltd (1514 %)
Aito Technologies Oy
(1437 %)

Klikkicom Oy (1200 %)
Vincit Oy (1036 %)
Nethit Oy (1036 %)
Rongo Oy (850 %)
Beneq Oy (801 %)

Global Top 300 i.e.
Finnish companies on the
list of most innovative
technology companies, all
Tekes customers:
Epicrystals
HyperIn
Kiosked
Miradore
Modz
Ovelin
Relaxbirth
Senseg
ThingLink
TOP 100:ssa
Kiosked
Relaxbirth

DM 1075883

04-2013

Finnish companies on the
list of European hottest
start-up -companies,
all financed by Tekes:
Ovelin
Kiosked
Tinkercad
Audiodraft
Grand Cru
Mendor
Powerkiss
Steam Republic
Thirdpresence
Grey Area
Tekes corporate customers
Number of companies
2,500

2,000
New customers

1,500

Funding decisions
1,000

Funding paid

500
0
03

04

05

06

07

08

09

10

11

12

A company is a new customer if it has not received R&D funding from Tekes during the last five years. The payments
made to joint projects have been allocated to the participants since 2006. Numbers include 10-50 associations and other
public organisations. Funding of feasibility studies was transferred from Tekes to the TE Centres (ELY Centres) in 2008.

DM 1075883

01-2013
Funding granted to SMEs and companies
with less than 500 employees
It is important that also large companies are networked
Per cent of all corporate R&D funding granted by Tekes
80
70
60

Companies
with less
than 500
employees

50
40

of which
SMEs

30
20
10
0
94

96

98

00

02

04

06

The financing of group projects is shown per group.

DM 1075883

01-2013

08

10

12
New growth companies in Tekes funding
Tekes funding to small, less than
six years old companies

During the last years, Tekes has been
emphasizing generation of new growth
companies it its funding

Million euros
140

Tekes activities can be divided into three
entireties:

120

Generation of new emerging companies, e.g.

100

 Public research and commercialisation of results
 Examination of patent portfolios of large companies
(e.g. Nokia Technopolis Innovation Mill)
 Fast, small funding decisions of high risk to refine
business ideas

80
60

40

Funding of fast growing companies, e.g.

20

 Special funding for Young Innovative Companies (NIY)
 VIGO-accelerators for companies

Funding of moderately growing companies
 Tekes funding for R&D and innovation

DM 1075883

0

03 04 05 06 07 08 09 10 11 12
Total 135 million euros in 2012, of which 45
million euros to young innovative companies.

01-2013
Tekes R&D funding in 2012
Total 570 million euros and 1,640 projects

217

236

Research funding for
universities, research institutes and
polytechnics
R&D loans to companies

R&D grants
to companies and public
organisations

117
Million euros

The funding for R&D includes 14 million euros from EU Structural Funds.

DM 1075883

01-2013
Tekes R&D funding by sectors
Million euros
200

Services

150

Industry

Other sectors

100

50

0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Construction is included in the industrial figures.

DM 1075883

01-2013
Tekes R&D funding by industry
Million euros
70
60
50

Machines and
metals industry

40

Electronics and
electrotechnical
industry
Forest industry

30

20
Chemical
industry

10
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

DM 1075883

01-2013

Construction
Tekes R&D funding for services
Million euros
100

Software and
data processing

90

Other services

80
70

Architecture, engin
eering and technical
services
R&D services

60
50
40

Wholesale and
retail trade

30
20

Management
consulting

10

Health care and

0
social services
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

DM 1075883

01-2013
Results of completed projects

Results of projects completed in 2012
 520 new or improved products
 400 new or improved services
 340 new or improved production processes
 980 patent applications
 840 academic theses
Total 1,590 completed projects

DM 1075883

01-2013
Tekes funding for projects in universities and
research institutes in 2012
Total 217million euros

Universities

16 8

Polytechnics

71

Research institutes

147

Participation fees for European
Space Agency's programmes

9

Other research funding
Million euros

There are participants from several universities or research organisations in many research projects.
Figures include 14 million euros funding from EU Structural Funds. The funding for research programmes
of the Strategic Centres for Science, Technology and Innovation (SHOK) are shown per group.

DM 1075883

01-2013
Tekes funding for SHOK research programmes
in 2012
Total 116 million euros

CLEEN

22

FIMECC

43

Forest
Cluster
RYM

23

SalWe

12

9

7
TIVIT

Million euros
Research programmes of the Strategic Centres for Science, Technology and Innovation (SHOK)
are joint programmes for research organisations and companies. The figure shows Tekes funding
in 2012, not the volume of SHOK research programmes.

DM 1075883

01-2013
Every year approximately one percent of Tekes
customers goes bankrupt
Number of bankrupts
90
86

80
70
67

60
50
40
30

58

53
40

37

42

48

47
28

20
10
0
2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Tekes annually has approximately 5,000 customers which have received Tekes funding in the last five
years or which have an outstanding Tekes loan. About one percent of these go bankrupt every year.

DM 928485

01-2013
Over 50 percent of the SME projects funded by Tekes are
commercially successful to a certain degree; unsuccessful
or commercially poor projects amount to about 30 percent
Projects ended in 2009 in small and medium-sized companies
%
60
50
40
30
20
10
0
Commercial success
was very good,
good or fair

Commercial
exploitation has
not yet happened

Commercial
success was
poor

Source: Tekes customer survey in 2012

DM 1075883

01-2013

Commercial
exploitation
failed
Project Gallery presents recent results

DM 1073513

05-2013
Innovation funding with proven impact
Tekes has partly funded

65%

of well-known Finnish
innovations in 1985-2009

In SMEs, an investment
of one euro by Tekes
produces

21€

Projects that were
completed in 2012
produced

840

of turnover annually

academic theses

Projects that were
completed in 2012
generated

SMEs expect projects in
2012 to produce

For every euro invested
by Tekes, companies
increase their own R&D
expenditure by

products, services or
processes

billion euros in turnover
during the target year

1,260
47 of the 50
1
fastest2
growing
3
technology
companies in Finland
are Tekes customers

6.2

over 80 %
of Tekes customers whose
innovation activity has been
successful state that the Tekes
funding was a significant factor
in their success

DM 1075883

2 euros
Tekes Global Access
(GAP program) has
increased GDP by more
than

20 M€

04-2013

For every

14,000€
of Tekes funding, one
permanent job is created
in the private sector
Projects that were
completed in 2012
resulted in

980

patents or patent
applications
In the GAP Program, one
euro invested by Tekes
has generated

17 €

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Tekes key figures 2012

  • 2. Key figures 2012 Target year turnover expected from company projects 6.2 Projects that were completed in 2012 resulted in The projects created 1,260 new or replacing products, services or processes 980 patents or patent applications billion euros 47 out of 50 1 2 3 fastest-growing technology companies in Finland are Tekes customers 570 M€ Funding for companies and research organisations, 570 million euros 2,900 Applications processed in funding applications 1,700 development ideas tested 1,240 days rejected applications 350 million euros for company projects, of which 135 million for young growth companies € DM 1075883 71 01-2013 68 % of company funding to SMEs
  • 3. Tekes customers are successful 10 fastest growing companies in Finland in 2012, 8 of which are Tekes customers (growth in 5 years, %): Dream Broker Oy (2712 %) Nord Software Oy (2052%) Analyse2 (1641 %) Eniram Ltd (1514 %) Aito Technologies Oy (1437 %) Klikkicom Oy (1200 %) Vincit Oy (1036 %) Nethit Oy (1036 %) Rongo Oy (850 %) Beneq Oy (801 %) Global Top 300 i.e. Finnish companies on the list of most innovative technology companies, all Tekes customers: Epicrystals HyperIn Kiosked Miradore Modz Ovelin Relaxbirth Senseg ThingLink TOP 100:ssa Kiosked Relaxbirth DM 1075883 04-2013 Finnish companies on the list of European hottest start-up -companies, all financed by Tekes: Ovelin Kiosked Tinkercad Audiodraft Grand Cru Mendor Powerkiss Steam Republic Thirdpresence Grey Area
  • 4. Tekes corporate customers Number of companies 2,500 2,000 New customers 1,500 Funding decisions 1,000 Funding paid 500 0 03 04 05 06 07 08 09 10 11 12 A company is a new customer if it has not received R&D funding from Tekes during the last five years. The payments made to joint projects have been allocated to the participants since 2006. Numbers include 10-50 associations and other public organisations. Funding of feasibility studies was transferred from Tekes to the TE Centres (ELY Centres) in 2008. DM 1075883 01-2013
  • 5. Funding granted to SMEs and companies with less than 500 employees It is important that also large companies are networked Per cent of all corporate R&D funding granted by Tekes 80 70 60 Companies with less than 500 employees 50 40 of which SMEs 30 20 10 0 94 96 98 00 02 04 06 The financing of group projects is shown per group. DM 1075883 01-2013 08 10 12
  • 6. New growth companies in Tekes funding Tekes funding to small, less than six years old companies During the last years, Tekes has been emphasizing generation of new growth companies it its funding Million euros 140 Tekes activities can be divided into three entireties: 120 Generation of new emerging companies, e.g. 100  Public research and commercialisation of results  Examination of patent portfolios of large companies (e.g. Nokia Technopolis Innovation Mill)  Fast, small funding decisions of high risk to refine business ideas 80 60 40 Funding of fast growing companies, e.g. 20  Special funding for Young Innovative Companies (NIY)  VIGO-accelerators for companies Funding of moderately growing companies  Tekes funding for R&D and innovation DM 1075883 0 03 04 05 06 07 08 09 10 11 12 Total 135 million euros in 2012, of which 45 million euros to young innovative companies. 01-2013
  • 7. Tekes R&D funding in 2012 Total 570 million euros and 1,640 projects 217 236 Research funding for universities, research institutes and polytechnics R&D loans to companies R&D grants to companies and public organisations 117 Million euros The funding for R&D includes 14 million euros from EU Structural Funds. DM 1075883 01-2013
  • 8. Tekes R&D funding by sectors Million euros 200 Services 150 Industry Other sectors 100 50 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Construction is included in the industrial figures. DM 1075883 01-2013
  • 9. Tekes R&D funding by industry Million euros 70 60 50 Machines and metals industry 40 Electronics and electrotechnical industry Forest industry 30 20 Chemical industry 10 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 DM 1075883 01-2013 Construction
  • 10. Tekes R&D funding for services Million euros 100 Software and data processing 90 Other services 80 70 Architecture, engin eering and technical services R&D services 60 50 40 Wholesale and retail trade 30 20 Management consulting 10 Health care and 0 social services 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 DM 1075883 01-2013
  • 11. Results of completed projects Results of projects completed in 2012  520 new or improved products  400 new or improved services  340 new or improved production processes  980 patent applications  840 academic theses Total 1,590 completed projects DM 1075883 01-2013
  • 12. Tekes funding for projects in universities and research institutes in 2012 Total 217million euros Universities 16 8 Polytechnics 71 Research institutes 147 Participation fees for European Space Agency's programmes 9 Other research funding Million euros There are participants from several universities or research organisations in many research projects. Figures include 14 million euros funding from EU Structural Funds. The funding for research programmes of the Strategic Centres for Science, Technology and Innovation (SHOK) are shown per group. DM 1075883 01-2013
  • 13. Tekes funding for SHOK research programmes in 2012 Total 116 million euros CLEEN 22 FIMECC 43 Forest Cluster RYM 23 SalWe 12 9 7 TIVIT Million euros Research programmes of the Strategic Centres for Science, Technology and Innovation (SHOK) are joint programmes for research organisations and companies. The figure shows Tekes funding in 2012, not the volume of SHOK research programmes. DM 1075883 01-2013
  • 14. Every year approximately one percent of Tekes customers goes bankrupt Number of bankrupts 90 86 80 70 67 60 50 40 30 58 53 40 37 42 48 47 28 20 10 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Tekes annually has approximately 5,000 customers which have received Tekes funding in the last five years or which have an outstanding Tekes loan. About one percent of these go bankrupt every year. DM 928485 01-2013
  • 15. Over 50 percent of the SME projects funded by Tekes are commercially successful to a certain degree; unsuccessful or commercially poor projects amount to about 30 percent Projects ended in 2009 in small and medium-sized companies % 60 50 40 30 20 10 0 Commercial success was very good, good or fair Commercial exploitation has not yet happened Commercial success was poor Source: Tekes customer survey in 2012 DM 1075883 01-2013 Commercial exploitation failed
  • 16. Project Gallery presents recent results DM 1073513 05-2013
  • 17. Innovation funding with proven impact Tekes has partly funded 65% of well-known Finnish innovations in 1985-2009 In SMEs, an investment of one euro by Tekes produces 21€ Projects that were completed in 2012 produced 840 of turnover annually academic theses Projects that were completed in 2012 generated SMEs expect projects in 2012 to produce For every euro invested by Tekes, companies increase their own R&D expenditure by products, services or processes billion euros in turnover during the target year 1,260 47 of the 50 1 fastest2 growing 3 technology companies in Finland are Tekes customers 6.2 over 80 % of Tekes customers whose innovation activity has been successful state that the Tekes funding was a significant factor in their success DM 1075883 2 euros Tekes Global Access (GAP program) has increased GDP by more than 20 M€ 04-2013 For every 14,000€ of Tekes funding, one permanent job is created in the private sector Projects that were completed in 2012 resulted in 980 patents or patent applications In the GAP Program, one euro invested by Tekes has generated 17 €