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how to apply to innovation voucher services in finland

Innovation Voucher Services

Develop your technology strategy, build an MVP, and test your software solutions with our expertise in software development.

€5000 worth of services for the price of €1000.

In collaboration with Business Finland

Innovation Voucher is a low-threshold funding instrument for SMEs with a new product or service that has international growth potential. With the help of the voucher, a company can buy precious expertise from an external service to speed up its growth.

The maximum value of an innovation voucher project is €5000 + VAT, of which €1000 needs to be self-financed. In other words, you’ll only need to pay €1000, we’ll invoice the rest to Business Finland.

The whole sum needs to be used for buying consultancy services from external service providers. It is a perfect instrument for a company that lacks resources or just needs a little bit of guidance with their project. 

Reactron Technologies is the official partner of Business Finland and we can help you make the best out of your Innovation Voucher.

Reactron's services for the Innovation Voucher

We tailor our services to fit your needs. The details of the project are always agreed upon when making the project plan. Depending on what you want to focus on, we will help you decode your issues and move forward with your business goals. The best thing: you own the final product.

For example, the project can include:

  • Analysis of your software idea.
  • Software consulting – which technologies and resources are needed to develop your software.
  • Building an MVP of your product so you’ll have something to present to your investors.
  • Testing your software and make improvements.
  • Budget and timeline estimation for the complete software in case you’d like to bring it into production.

Our diverse expertise in technology can bring out the full potential of your business solution. We can also help you with future planning by supporting your next steps in business development.

For example, if you need assistance in applying for additional funding, such as Tempo or R&D, we can tell you the best way to get your funding application approved.

Instead of client relationships, we want to create long-lasting partnerships.

Our key competences

window dev

Mobile
Development

React Native, Android, iOS

window dev

Web
Development

React.js, Gatsby.js, Angular

window dev

Back-end
Development

Java, Python, Spring Framework, Django, Flask, Serverless

window dev

Infrastructure

AWS, Google Cloud, Digital Ocean

Eligibility

According to Business Finland, when the company has a new product or service idea with international potential, and:

  • Wishes to quickly assess its suitability for further development, usability, or marketability, for example, by means of demos, prototypes, and customer testing.
  • Needs an outside expert opinion, assessment, or testing and measurement services.
  • Has credit rating of A and cannot have tax liabilities / unpaid taxes.
  • Has not used the innovation voucher before.
  • Read more from Business Finland.

Innovation Voucher Process

  1. Fill in Reactron’s request form (we usually respond momentarily).
  2. Introductory meeting to discuss your business idea.
  3. Create a project plan and submit the Innovation Voucher application to Business Finland together.
  4. After Business Finland has approved the application, we start the project according to our agreed plan.
  5. We charge 1000€ from you and 4000€ from Business Finland (VAT added to the prices)
  6. Prepare the next steps for your software development needs and assist with additional funding, such as Tempo / R&D – optional

Request services

Esteemed Partners