A new program has helped a small European city increase the amount of foreign investment that local companies receive by more than 500% in just three years.
In 2010, Micah Gland, the CEO of the Helsinki Business Hub, began identifying ways to improve the business climate in Helsinki, the capital of Finland. Although the city is the home to one of the world’s largest mobile phone manufacturers, Gland found that access to private finance for local, early-stage companies was quite low. “Greater Helsinki is the growth engine driving Finnish foreign investment and there is a critical need for new investment in our country,” he said.
To read the original article: How One Small City Attracts Dozens of International VCs | Entrepreneurship Ecosystem Insights
