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Take your business idea into action with Think Company Fund!

Think Fund 2021

Helsinki Think Company wants to support promising early-stage teams that aim to make a positive impact on our world and lives! Think Fund is a grant for innovative teams that want to put their ideas into action.

You can apply for a grant of 2500 euros (max. 850 € / person) to get your business up and going, or for a grant of 500 euros to test and validate your business idea. The application period opens on October 11, 2021.

The application is a two-step process. First, all the applicants fill in the application form by October 24th. An evaluation of all applications is conducted by the Board of Helsinki Think Company Association, who will then invite the most promising teams to pitch their ideas somewhere between 1. –5.11.2021. The pitches are presented via Zoom in English. Applicants will be notified on whether their application has been accepted, latest by October 25.

Teams are required to report after 6 months what they have achieved with the grant. The report can be used as a material in Helsinki Think Company’s communication and marketing. If the team doesn’t withdraw the grant within 6 months from awarding the grant, the money will return to Think Company Fund.
three people on a stage
phone with think fund logo on the screen

The grant of up to 2500 € will be awarded against the following criteria

Promising business idea
The team must have a promising idea that has realistic business potential, and a clear and defined business model.

Commitment and the use of time
The team has a realistic view of how much time, effort and work the project requires and they are committed to these requirements.

Early-stage phase
The team must be in an early startup phase and the company must exist legally.

Relation to Helsinki Think Company
The team must be related to Helsinki Think Company either so that it has taken part in one of our programs or challenges, or that the team is part of Helsinki Think Company community, for example by regularly using the services such as co-working spaces.
APPLY HERE

Make a pilot with a smaller
grant of 500 €

You can also apply for a 500 euro test grant with the same criteria as shown above.

However, the 500 euro grant can be awarded for teams whose business model is not completely defined and who want to pilot their idea with the grant. A concrete plan outlining how the idea will be validated and executed, and how the fund will be used is required.
APPLY HERE

Application timeline

11.–24.10.2021
Application period

Second round announcements will be made latest by 26.10.2021.
29.10.2021
Deadline for sending the pitching deck
1.–5.11.2021
Pitching nights via Zoom
9.11.2021
Final decisions
APPLY HERE

Something in mind?

If you have any questions regarding the Think Company Fund, you can contact the chair of the board Sofia Leinonen, +358404195993, sofia@thinkcompany.fi.

Here are some frequently asked questions that might help you out:
Who can apply for the Think Fund grant?

Everyone that aims to make a positive impact on the world and society with their business idea.

Who are the members of the Think Company Board?

The members of the Board change annually. Get to know the board of 2021 here!

Where does the money come from?

Think Company Fund is a fund originally donated by Jane and Aatos Erkko Foundation for promoting entrepreneurship in the university community.