BEAM – Business with Impact

The aim of Tekes and the Ministry for Foreign Affairs' joint programme BEAM – Business with Impact, is to generate new, sustainable business in developing countries. BEAM assists Finnish enterprises and other actors in using innovations to address global development challenges, by converting such innovations into successful and sustainable business in both Finland and developing countries.
BEAM programme description

BEAM aims to assist Finnish enterprises address global development challenges by converting such challenges into successful and sustainable business. The programme supports Finnish companies, NGOs, research organisations, universities and others in developing, piloting and demonstrating innovations that improve well-being in poorer countries, while giving rise to international business opportunities for Finnish companies.

BEAM is a five-year programme (2015-2019) with a total budget of EUR 50 million, equally financed by Tekes and the Ministry for Foreign Affairs.

The programme is not restricted to particular sectors and the target countries can be any of the developing countries listed as eligible for official development assistance by the OECD/DAC (Development Assistance Committee), except China.

Innovations are the prerequisite and driver of economic development, generating new and reforming existing economic activity while creating new jobs, opportunities for entrepreneurship and financial resources, and increasing long-term trading potential. In this way, they enable poor people in developing countries to increase their consumption of everyday commodities. Innovations can also improve people's opportunities to participate and have an impact on the economy and society at large. Innovations include new products, services, forms of business and cooperation, technologies, solutions and social innovations.

How to proceed?

Why not engage in developing innovations for developing countries? If your organisation has a competitive idea, ambitious goals and a multi-skilled team, you are welcome to tell us more. Contact our team.

We are looking for business-driven innovation projects targeted at developing countries. We look for leading companies seeking for business and social impact. This may also involve NGOs and other Finnish organisations working in developing countries through parallel projects. Come and discuss your ideas with our team.

Applications must be submitted through Tekes online service. Applications will be evaluated jointly by Tekes and the Ministry for Foreign Affairs, and funding decisions will be made in line with Tekes' funding process. In addition to Tekes' standard evaluation, the impacts of the project proposal in developing countries will be evaluated. For this reason, a report on impacts in developing countries must be appended to the electronic application. 

Companies may apply for funding throughout the programme at any time.
Universities and research organizations can apply funding through funding application round twice a year. The ongoing round will end on 28 April 2015.

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