Civil Engineering Reference
In-Depth Information
In other words, Tuli aims to commercialise research results in Finnish universities
and research institutes.
Tuli is intended to be flexible, fast and able to take risks in a healthy manner.
The programme is developed in co-operation with the R&D and innovation ser-
vices of universities and research institutes that have the mission of finding and
developing research-based inventions and business ideas. With Tuli's help,
researchers, students and research groups are able to receive funding and versatile
expert services in all fields of commercialisation.
Results from the Tuli programme.
• In year 2008 there were in total 693 projects that received Tuli-funding. 77 % of
those projects came from invention reports. There were started 16 new com-
panies from the projects funded by Tuli. There were 26 projects that were
commercialised through technology transfer which brought income of €920,000.
This is 34 % of the incomes reported for licencing and technology sales of
Universities in 2008.
• During 2007, 389 research-based inventions or business ideas were evaluated in
the Tuli programme. 181 of the projects started from invention notices. During
the year, eight inventions or ideas lead to finding of a new company and two
lead to a licencing deal.
• From 2002 to 2006, over 1500 research-based inventions or business ideas were
evaluated. 99 projects advanced into licencing deals and 184 into finding a new
business. The annual funding volume of the Tuli programme was approximately
€2.5 million during 2002-2006.
Tekes is prepared to fund the 46 co-operative universities and research insti-
tutes with €12 million from 1st April 2008 to 30th April, 2011. (Tuli http://
www.tuli.info ) .
9 Vigo
Vigo is a new type of acceleration programme designed to complement the
internationally acclaimed Finnish innovation ecosystem. The programme bridges
the gap between early stage technology firms and international venture funding.
Vigo is an accelerator programme for dynamic start-up companies with potential
for global growth. The programme exposes these companies to experienced
entrepreneurs and executives and facilitates raising both public and private growth
funding (Vigo homepages).
The backbone of the programme is formed by the Vigo Accelerators, carefully
selected independent companies run by internationally proven entrepreneurs and
executives. These Accelerators help the best and the brightest start-ups to grow
faster, smarter and safer into the global market. The Accelerators are not con-
sultants—they are co-entrepreneurs who invest in the companies they work with to
guarantee common goals and passionate development effort.
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