Facts and Figures about Finnish Biotechnology

Public and private funding of biotechnology in Finland

Government funding for biotechnology
research in 2001 (total Eur 142 million)

Sources of finance (equity, capital loan, debt)
in Finnish biotech firms (total Eur 387 million)

Sources:
Ownership and Financial Structure of Biotechnology SMEs: Evidence from Finland, ETLA publication no 835, 2002
Biotechnology in Finland, Evaluation report, Academy of Finland publication, 11/2002