Helsinki incubators highlight best practice

April 16, 2002

Brussels, 15 April 2002

A new report from business incubators in the Helsinki region, selected for the Award of Excellence for Innovative Regions under the European Commission's PAXIS network, highlights best practices they developed from 1995 to 2001.

During this period, 2,000 successful companies were founded in the 17 Helsinki region incubators, creating over 3,300 new jobs in the start-up phase. Project manager Esa Sahlman writes that while the incubators are an important and cost-effective way of generating jobs and stimulating high tech development, their most important products are high quality services for entrepreneurs and start-up companies.

In a foreword to the report, produced by the incubators' Quality Development Group, Finnish trade and industry Minister Sinikka Mönkäre said: 'Business incubators in the Helsinki region have, in a very short period, built up a service model which successfully combines the promotion of starting new companies generating new jobs, the diversification of the economic structure, the exploitation of high technology and the generation of new services for entrepreneurs and companies.'

The report analyses the typical processes used by the incubators. Comprehensive marketing and public relations activities ensure that potential entrepreneurs are aware of the incubators and make contact with the regional incubator most suitable for their business case. Following selection, the entrepreneur signs a contract and cooperation agreement with the incubator, which then provides guidance to accelerate company's growth and development. After leaving the incubator, continued tutoring and support is available for the entrepreneur and the registration of success stories is encouraged.

For further information about the Helsinki region incubators, please consult the following web addresses:

Amiedu incubator, Helsinki:
Arabus Incubator, Helsinki:
Helsinki Science Park, Helsinki:
Innosampo Incubator, Espoo:
Forum Incubator, Kerava:
Loviisa Incubator, Loviisa: skus
Länsi-Uusima Incubator, Nummela:
Farming Incubator, Järvenpää:
New Business Centre (NBC), Helsinki:
NYP Incubator, Helsinki:
Otaniemi Science Park, Espoo:
Palkeet Incubator, Helsinki:
Polyco Incubator, Porvoo:
Travel park Incubator, Helsinki:
TwinBic Incubator, Helsinki:

For further information about PAXIS, please consult the following web address:

CORDIS RTD-NEWS/© European Communities, 2001

Please login or register to read this article

Register to continue

Get a month's unlimited access to THE content online. Just register and complete your career summary.

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments

Have your say

Log in or register to post comments