Welcome to Finnish and Somali Companies Match Making Event

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Presentation transcript:

Welcome to Finnish and Somali Companies Match Making Event 06.10.2017 Organizer: Finland-Somalia Association in collaboration with Finnpartnership, VTT and TALO Initiatives and the Somali Private Sector Alliance Yusuf M. Mubarak Version 14. 8.2017 Talo Initiative

Collaboration partners Finland Somalia Association is a friendship association promoting good relations between Somalia and Finland. Finnpartnership is a Finnish institution providing services to help Finnish companies develop business partnerships. TALO Initiatives is a consultant and development company active in Somalia. VTT is a leading technology institution in Finland supporting research, development and innovation. Somali Private Sector Alliance is a leading umbrella business body in Somalia working to promote investment and economic growth in Somalia.

This Matchmaking key purposes To be a follow up event to the first Matchmaking event arranged for Finnish and Somali companies on 16.08.2016. To facilitate companies from Finland and Somalia to meet either face-to-face or through representation. To share information and updates related to business possibilities and opportunities from both sides. To continue discussions related to the importance of creating Finnish Somali Business Council to promote business ties in the future.

Key objectives To cover latest business and civil updates on Somalia. To cover and discuss sectors that hold potential business opportunities for Finnish companies. During the matchmaking, to facilitate Finnish and Somali companies meeting and exchanging information. (means of workshops and presentations) To be able to create Finnish Somali Business Council and name the first founding companies from both sides. To answer questions related on Somalia business, security and political developments.

Business Opportunities of Somalia Somalia security and state building is improving for the last 5 years. In 2017 there was a political reforms resulted a new parliament, president, prime minister and government. Somalia’s political situation was improving very positively in recent years and for ones looking business investments and opportunities, we believe it is the right time now to act and not to wait before its too late. Somalia offers some of the best investment opportunities in Africa for various sectors including energy, fishing, construction, education, finance and agriculture. First Come First Served – this suits well on Somalia business competition. Opportunities and risks exist but they are very manageable as Finnish- Somali experts are available to help Finnish companies in Finland and in Somalia.

Business & Investment Possibilities of Finland Finland is front runner in the world when it comes to technology and education. Finland offers also to Finnish companies services that promote investments and partnering. Finnish financial instituations also offer investments to foreign companies with some requirements to fill. Some revelent points for investment are good reputation, profitable market, relevent business case for the investment, have 50% of the investment, while could loan the rest.

Finnpartership Matchmaking Service Registration Somali companies interested to get partners and investments from Finland are recommended to register their businesses to Finnpartnership website for Matchmaking service. The registration is free of charge and makes easy to your business to be visible to Finnish companies. Its also higly recommended to do it for partnering with Finnish companies. More info: http://www.finnpartnership.fi/www/en/matchmaking/register/index.php Registeration form link: The first step is to fill in the Matchmaking registration form on a computer and send it to Finnpartnership ( Matchmaking@finnpartnership.fi ). Please complete the form in English. Don't forget to include the mandatory attachments!  File location: http://www.finnpartnership.fi/www/tiedostot/Matchmaking/Annex1MatchMakingRegistrationForm_v2016.docx

Programme 06.10.2017 (Place will be informed later) 08:00 – 8:30 Welcoming, registration and breakfast 08:30 – 8:45 Opening remarks (to be confirmed later) 08:45 – 9:00 Organizer and partners short introduction – (Eva Nilsson, FSA) 09:00– 9:30 Presentation of Somali Companies taking part (Yusuf M.Mubarak, FSA) 09:30 – 10:00 Finnpartnership, Finfund, Finpro – services and investments available, latest updates 10:00 – 10:15 VTT, Building Peace and Prosperity using technology in fragile states (Dr. S.Fox) 10:15 – 11:00 Workshop, companies presentations, networking (FSA, FP, Talo, VTT, SPSA) 11:00 – 11:30 Talo Initiate, SPSA - latest Somali business news - great opportunities exist 11:30 – 12:00 Finnish Somalia Business Counsil formation, where we are and who could join! (YMM, FSA) 12:00 – 13:00 Other partners, Companies presentations - for discussions, networking etc. 13:00 – 14:00 Reserved for lunch served by the event as well as for discussions

Seminar registration Somali companies are requested to deliver the following information for registration. Company name, website, contact information Company short presentation (sector, information you want to share with Finnish companies for investment and partnering max 6 slides/company) Participant contact information name, email and telephone etc. One participant is expected from each company participating.

Seminar registration For registration please contact to: Finland side (For inquiries related to the matchmaking please contact) Yusuf M.Mubarak Email: yusuf.m.mubarak@gmail.com Tel: +358405223958 Somalia side TALO Initiatives Jama Egal and Suleiman Abdullahi Email: ed.jama.egal@taloinitiatives.net