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FINLAND – TECHNOLOGY SUPERPOWER

FINLAND – TECHNOLOGY SUPERPOWER. FINLAND – GATEWAY BETWEEN EAST AND WEST. Business opportunities in high tech and services. ICT and Digitalization. Travel & Tourism. Bioeconomy. Cleantech. Health. Kick start your bio-based business. Greenest country in the world.

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FINLAND – TECHNOLOGY SUPERPOWER

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  1. FINLAND –TECHNOLOGY SUPERPOWER

  2. FINLAND –GATEWAY BETWEEN EAST AND WEST

  3. Business opportunities in hightech and services ICT and Digitalization Travel & Tourism Bioeconomy Cleantech Health Kickstartyourbio-based business. Greenest country in the world. A living lab for global cures. Brainpower for your next big thing. Fast growing, safe and sustainable business environment 3

  4. Finland accelerates business digitalization Globalgiants look innovativesolutions for theircomplexhightechneeds in Finland. Huawei’s R&D center has grown by tenfold in eight years GE Health’s global wireless device centre of excellence is located in Finland. Operating already six carrier-neutral data centres within the metropolitan area. Online fashion retailer transforms into a mobile powerhouse by opening its tech office in Finland. 4

  5. Factsaboutfinland 5

  6. 500 million consumers within easy reach 11.4.2018

  7. LOW OPERATIONAL COSTS WITH HIGLY RELIABLE INFRA TOP QUALITY BUSINESS ENVIRONMENT FAST START FOR BUSINESS OPERATIONS FASTEST EUROPE-ASIA CONNECTIONS VIBRANT STARTUP SCENE WHY FINLAND THE MOST STABLE COUNTRY IN THE WORLD HIGH QUALITY OF LIFE FOR EXPATS COMPETENT PROFESSIONALS CREATIVE SOLUTIONS 7

  8. THE BESTuniversity – industry research collaboration in the world *1 3RD BESTeconomic environment for business growth in the world *5 THEHAPPIEST country in the world *8 THE BESTprimary education in the world *2 WHY FINLAND 3RD MOSTprofessionalsworking in research and development, relative to the population *6 THE BESTdestination in eu for international business expansion *3 THE BESTbusiness environment in the world *1 5TH BESTenglish skills among the adults in the world *7 THE BESTin the world in innovation *9 THE MOST stable country in the world *4 1 Global Innovation Index 2016 / 2 World Economic Forum, The Global Competitiveness Report 2016-2017 / 3 FDI attractiveness scoreboard, Copenhagen Economics 2016 4 The Fund for Peace, Fragile States Index 2016 / 5 Grant Thornton, Global Dynamism Index 2015 / 6 Bloomberg, Bloomberg 2017 Innovation Index7 Education First (EF), The world's largest ranking of countries by English skills / 8 UN 2018 World Happiness Report / 9 The Consumer Technology Association (CTA)™ 2018 8

  9. Finland is a globalleader in innovationtalent 9 *World Economic Forum Global Competitiveness Report 2017-2018 / **The Consumer Technology Association (CTA)™ 2018

  10. Talent at reasonable cost Labour costs (salary + additionalcosts) of a 100-employee software developmentcentre 10

  11. Finland offers very favorable corporate taxation Corporatetaxrates 2018 11

  12. R&D&I INCENTIVESbyBusiness Finland BUSINESS AIDfrom ELY Centres LOANS ANDGUARANTEESby Finnvera DEVELOPMENTRESEARCH FUNDINGAcademy of Finland Incentives and fundingsources businessfinland.fi/en ely-keskus.fi/en finnvera.fi/en aka.fi/en COMPLIMENTARY ADVISOR SERVICES FOR COMPANY EXPANSIONS TO ANDFROM FINLANDby Business Finland TRAINING &EMPLOYMENTINCENTIVESfrom ELY Centres CAPITAL INVESTMENTSfrom Finnish Industry Investment EU-fundedSUPPORT fromvarious sources industryinvestment.com businessfinland.fi/en ely-keskus.fi/en 12

  13. Business Finland research and developmentfunding for companies Business Finland fundscompanies’ projectsthatseek to increasetheircompetitiveadvantageinternationally. BF requires that large companies buy services from SME’s and / or research organisations or implement the project as a joint project with them. *The share of the bought services has to be at least 40 % of the project's overall costs. **The share of the bought services has to be at least 15 % of the project's overall costs. 13

  14. Oliver Rittgen, Head of Corporate Finance, Bayer AG, CEO of Bayer Nordic SE, 2011-2017 • Case bayer WHY BAYER CHOSE FINLAND FOR THEIR R&D AND MANUFACTURING SITE? “Wewereimpressedby the highlevel of talentwefound in Finland. Therewas a lot of talent for Bayer to choosefrom.” ”Finnssaytheyare open to foreigninvestment and theyreallymeanit, and thingscanhappenreallyquickly in Finland.””Doors to the decision-makersopenedequallywide for Bayer as for localcompanies”“The largest R&D unit is located in Germany, the secondlargest in the US, and the third in China. Finland has the fourthlargestunit, which is prettyremarkable, consideringitssizecompared to othercountries.”

  15. Finland TopsFamily Life Index* An impressive 72% of respondentsliving in Finland with theirkidsthinkthat the educationsystem is excellent, compared to a globalaverage of 26%. Or as one of the respondentsputit: “Finland is one of the bestplaces on earth to raisekids”. 15 *Expat Insider, Family Life Index 2017

  16. Nature or cities – we’ve got them both. 16

  17. But we’ve got plenty of festivals too, if that’s your thing 17

  18. BUSINESS finlandservices for foreigncompanies Data collection & analysis Opportunityanalysis Guidance on entryalternatives Networking Location management Settingup a business Ourcomprehensiveservicesareconfidential and complimentary

  19. KIITOS THANK YOU 11.4.2018

  20. APPENDIX

  21. Whatourclientssay “The supportwehavereceivedfrom Invest in Finland and Helsinki Business Hubhasbeenessential for us. Theirproactivity, efficiency and thoroughknowledge of the market and business environmenthashelped us seize a greatopportunity and tap into an extensiveamount of marketpotential in an incrediblyshorttimeframe.” SevastosKavanozis, ManagingDirector, Energy2Market “Every country shouldhave a similarsystemwhereforeigninvestorscangetassistance with even the mostpracticalmatters. I couldsaythat Invest in Finland had a greatinfluence on ourdecision to invest in a restaurant in Helsinki.” LalleMorberg, CEO, Hard Rock Café “Ithelps a lot to have a partner on your side whoknows the market and hasaccess to the authorities and necessarykeystakeholders.” Hans Binder, Owner, Binderholz Group “Fromdayone, wereceivedtremendoussupportfrom Helsinki Business Hub and Finpro’s Invest in Finland. Theyhelped us to recruitstaff and find a spot-onlocation, and put us in contact with the relevantpeople.” Mark Lamik, Head of Tech Expansion, Zalando “Wewouldlike to express ourgratitude to Finpro for havingtheirgreatsupport to begin a new business in Finland. Theyintroduced a goodFinnishpartner to us and wehadtheirkindassistance for concluding the agreementbetween the Finnishpartnercompany and Fujitsu.” ShinjiYoshioka, ManagingDirector, FujitsuGreenhouse Technology Finland Ltd “Invest in Finland hasbeen an importantpartner for us for years. Theyhavehelped us set upmeetings with the authoritieswheneverneeded, connect and network with the keyplayers in the Finnishtechindustry, and find the relevantinformation in everypossiblesituation.” Guoping Luo, Head of the ReliabilityCompetence Center at Huawei’sFinnish R&D center

  22. These Asian companiesarealready in Finland

  23. TheseEuropeancompaniesarealready in Finland

  24. These AMERICAN companiesarealready in Finland NEOLITICS

  25. electricity Energy prices and energytaxrate in Finland areremarkablylow. Therefore, e.g. several data centreshavechosen Finland for theirinvestments. In addition, data centersbenefit of the possibility to sellexcessheat to energynetworkmakingitover 50 % cheaper to run a data center in the Finland ratherthan in Central Europe. BusinessesprofitalsofromFinland´spolitical, seismological and economicstability. In terms of electricitysupply, Finland outshineseven the closestcompetitors. In 2015, the transmission reliability of the national gridwas as high as 99,9998 %, and the averageduration of forcedinterruptionswasonly 2,1 minutes. *Source: Eurostat - Statistical office of the European Union Data extracted 24.10.2017

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