Amcham Finland: “Ask Anything” with Minister Olli Rehn Minister of Economic Affairs Olli Rehn 5 th October 2015

FDI inward stock as a percentage of gross domestic product Source: UNCTAD

3 Key project 1: Strengthening competitiveness by improving conditions for business and entrepreneurship OBJECTIVE: Sustainable growth and competitiveness will be strenghtened by improving the operational environment of businesses. MAIN ACTIONS: 1. Enhancing the functioning of Team Finland – both Export Finland and Invest in Finland 2. Reinforcing the funding of growth-oriented businesses, especially SMEs and mid-caps 3. Increasing competition and speeding up the permit procedures 12/15 12/18 6/162/17 Team Finland actions: renewal of domestic services and strenghtening of Team Finland network abroad Speeding up the permit procedures of investments Competition Programme Enhancing growth funding by Growth III Fund (Tesi) Maximizing the use of EU Funds (EFSI, EIB ym.) 1/16 Strenghtening the funding of growth- orientated businesses (Finnvera, Tekes, Tesi) 1/16

Growth Financing Funds: 45 M€ TEKES Venture Capital Fund Early stage Finnish Industry Investment TESI Growth Fund, stage III (2018) Debt – financing Finnvera Mezzanine Fund, 300 MEUR target Growth programmes approx. 150 M€ Team Finland (TF) Export promotion networks TEKES Commercialization of innovations, new products, new business models Direct State Budget Financing 100 M€ Renewable energy piloting, demos and investments