Business Daily
Can Finland compete as Europe’s start-up capital?
Apr 14, 2025
Sarita Runenberg, CEO of Maria01 and a champion of the Nordic startup scene, discusses Helsinki's ambitious efforts to emerge as Europe’s startup capital. She highlights the vibrant community forming at the continent's largest startup campus and shares insights on its potential advantages and challenges. The conversation also covers Finland's competition with Sweden, the impact of geopolitical factors on investments, and the essential collaboration needed to attract global tech talent in this burgeoning ecosystem.
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Quick takeaways
- Finland is building a major startup hub in Helsinki, aiming to create a nurturing ecosystem that supports over 240 startups.
- Despite its supportive environment, Finland faces economic challenges and geopolitical uncertainties that could impact its ability to attract global investments.
Deep dives
Finland's Emerging Startup Ecosystem
Finland aims to establish itself as a leading European hub for startups by creating a welcoming ecosystem for young companies. Efforts include expanding co-working spaces, such as a significant hub in Helsinki that currently houses 240 startups. This space not only offers office accommodations but also valuable resources like legal aid, networking opportunities, and recreational activities, which are vital for fostering innovation. The growing reputation of Finnish startups is illustrated by the fact that members of this community have raised over 1 billion euros in funding, highlighting their potential to contribute to the economy.
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