• Business Development
• BioTurku
  • BioTurku companies
  • Areas of application
• ICT Turku
• Centre of Expertise
  • HealthBIO
• Other services in the area
  • Vacant premises
    • About the buildings
  • Lunch restaurants
  • Meeting and conference rooms
    • Mauno Koivisto -centre
    • DataCity -building
    • Electro- and EuroCity
    • Old Mill -building
    • PharmaCity -building
    • Trivium -building
    • University of Applied Sciences
  • SparkNet

Business Development

The business incubators of Turku Science Park have given a start to over 160 technology companies which have generated around 850 new jobs. The most common lines of business are ICT and biotechnology, but companies specialising in shipbuilding, wood processing and various services have also started in the incubators.

Business incubators
There are two incubator units operating in Turku Science Park: the Bio Incubator with laboratory facilities and DIO Business Centre for other technologies. Companies within the incubators’ development services may also be located elsewhere in Southwest Finland.
The incubators offer services for searching for innovations feasible for commercialisation, assessing new business ideas, finalising a business plan, and finding partners and financing. Companies can also get premises and consultation specialised in business development from the incubators. The survival rate of companies that have started in our incubators is nearly 90 per cent.

Entry criteria
Those planning to start entrepreneurial activities can contact the incubator already when working up their business idea. A so-called pre-incubator service can be applied to examine whether the business idea is feasible and suited to the incubator.
The Business Incubator can take in start-up companies with an acceptable business plan. The incubator team advises and guides in drawing up the business plan. The line of business of the incubator companies needs to be related to technology or high expertise. Growth companies and those with development potential have priority.

Financing
- In the pre-incubator service it is possible to get funding for the project from Tekes to purchase services such as a market survey or other project development services.
In the incubator:
- The company can get outsourced service funding from Tekes for activities related to accelerating the growth of the company
- Incubator subsidy from the Employment and Economic Development Centre

Services of the Business Incubator include:
- Expert services for developing a company strategy, marketing and financing- Training
- Premises: office and laboratory facilities, negotiation rooms
- Office services: e.g. telephone exchange, and photocopying and secretary services
- In Bio Incubator also servicing of equipment
- TULI programme (Tekes)
- Co-operation and networking with other companies, financiers and the public sector

Further information about business development:
Director Olli Mankonen, Turku Science Park Ltd, tel. +358 400 921 937
e-mail:  firstname.lastname(at)turkusciencepark.com