Building Successful Scaleups in the Central Baltic Area

Duration: 1.3.2023 – 28.2.2025

Project partners: Business Turku (Turku, Finland), Tehnopol (Tallinn, Estonia), and Movexum (Gävle, Sweden).

Funding: Total budget: € 1.123.558,38, of which € 896.524,05 from the European Regional Development Fund/Central Baltic Interreg

Apply for the next round by May 3rd!

Read more about the practicalities of the programme on the official Central Baltic project website.

Northbound Scaleups aims at:

Offering methods for inspiring more startups to conquer markets outside the home market by providing strong support for the scaling companies:

● NBSCALE Program

● Personal growth mentor for each startup

● Expert mentors to support scaling up – pool of 150 mentors covering specific needs

● Founder2founder support

By combining best practices in cross-border collaboration of three project partners in Finland, Estonia and Sweden; all with high innovation capacity, but limited national market opportunities.

Northbound Scaleups will result in:

● more companies achieving scaled-up status

● enhanced cross-border process for internationalization readiness

We will help 45 companies during the project duration:

● NBSCALE Program, parts 1-2: finding market fit and implementing soft landing on target market. Raising investments , developing the business model, new product/service, expanded the key team. Revenue from foreign target market during or latest soon after project duration.

Market Discovery Mission: revenue from foreign target market during project duration.

Northbound Scaleups is a joint cooperation venture between

Turku Science Park Ltd, Finland
Tallinn Science Park Tehnopol, Estonia
Movexum AB, Sweden

Contact Person at Business Turku: Johanna Puhtila