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 levels Higher 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