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Finland’s national innovation agency Tekes, is to change its name to Business Finland after merging with Finpro, the body that helps Finnish SMEs scale up internationally and encourages foreign direct investment in Finland.

At the same time Tekes’ Research Funding will be rebranded Business Finland Research Funding.

Pekka Soini, director general of Tekes said bringing Finland’s support schemes for research and innovation under one roof will enable a more networked type of innovation, boosting collaborations between research institutes, universities and companies. “It’s better to be served by one entity,” Soini told Science|Business.

Image: Pekka Soini, director general of Tekes