Other funding targets under the Sustainable Growth Programme in the Ministry of Economic Affairs and Employment and government agencies under its purview

Sustainable growth programme for Finland The Sustainable Growth Programme includes investments and reforms that support the European Union’s strategy for sustainable growth and the green and digital transition. The projects and programmes will contribute to the introduction of digital solutions and the exchange of information between the authorities. Investments will be used, for example, to implement technical development projects that will automate data processing or speed up permit processes.

Reforms and investments will strengthen the long-term growth potential and resilience through investments in RDI, green transition and competence in line with the recommendations of the European Semester for economic policy coordination.  The employment rate will be raised quicker and public employment services will be reformed. The reforms and investments will mitigate the effects of the coronavirus pandemic on identified target groups. The digital service system and structures will be improved. More support will be available for raising the level of competence and education, and existing competencies will be converted to meet the needs of working life.

Other funding targets

Digitalisation and data economy

The Real Time Economy project

  • Contents: The Real Time Economy project will create the conditions for companies to move to real-time economy. Business information is transferred automatically between different systems, and invoices and receipts are electronic. Up-to-date information and its automated processing will increase productivity in both companies and public administration. 
  •  Timetable: On 15 June 2021, the Ministry of Economic Affairs and Employment set up the Real Time Economy project for 2021–2024. 
  • Total funding: EUR 14 million.
  • Responsible party: The Finnish Patent and Registration Office coordinates the project.

Press release 15 June 2021: New project to help companies digitalise their financial administration

Real time economy

Finnish Patent and Registration Office (PRH): Project Director Minna Rintala, [email protected]

Fight against money laundering 

  • Contents: The reform will improve the authorities’ access to information and the automated collection of information in order to prevent money laundering. In addition, the aim is to increase cooperation between the authorities and develop preventative measures. The reform involves legislative amendments with regard to the implementation of several investments. Based on an intermediate target, the projects within the programme will be planned and piloted by 2023. Digital tools will be in use by 2026. 
  • Timetable: 2021–2026 
  • Anticipated total funding: EUR 10 million
  • Responsible parties: Ministry of Economic Affairs and Employment and Ministry of Finance

Project to ensure effective supervision and enforcement of the prevention of money laundering

Employment and labour market

Nordic labour market service model

  • Contents: A key premise of the Nordic labour market service model is a comprehensive reform of the jobseeker service process towards a more individualised approach. The aim is to provide strong support at different stages of job search. The reform process requires both legislative amendments and changes to information systems. 
  • Timetable: The appropriations of TE Offices will be increased by EUR 70 million from 2022 (funding for 2022 will come from the RRF). In addition, the RRF will fund the implementation of key information system changes required by the model by EUR 20 million (EUR 13 million in 2022).
  • Total funding: EUR 90 million.
  • Responsible party: The Ministry of Economic Affairs and Employment is responsible for preparing the reform in stakeholder cooperation.

Nordic labour market service model 

Chief Specialist Päivi Blinnikka tel. +358 295 047 311,  Senior Specialist Ahti Avikainen tel. +358 29 504 7980

Digital infrastructure for immigration processes 

  • Contents: The objective of the investment package is to promote work-based and education-based immigration and to strengthen the availability of international experts with the help of a seamless, fast and digitalised residence permit process. The investment package is linked to a project that develops the legislation on aliens and permit procedures and that involves reforms to legislation, permit processes and official procedures. The implementation of the reforms requires extensive system development and investment in communications. 
  • Timetable: 2021–2024
  • Total funding: EUR 20 million
  • Responsible parties: The investment package is a cross-administrative project coordinated by the Ministry of Economic Affairs and Employment. In addition to the Ministry of Economic Affairs and Employment, the project is led by three ministries (Ministry for Foreign Affairs, Ministry of the Interior, Ministry of Education and Culture). The main responsibility for implementing the project rests with the Finnish Immigration Service, which is the owner of the key information system UMA. The project is also implemented by Business Finland, the Ministry of Education and Culture and the Ministry for Foreign Affairs.

Promotion of migration of talents
Talent Boost programme

Inquiries: Senior Specialist Essi Lojander tel. +358 29 504 7313

Strengthening the Ohjaamo services for young people through incentives to municipalities

  • Contents: An incentive model for municipalities that will increase the number of social, healthcare and education services experts at the Ohjaamo service points, where young people can seek help and guidance at a low threshold. If a municipality hires a new expert to the Ohjaamo service point, it can apply for a grant to hire another expert. Municipalities that have an Ohjaamo service point can apply for the grant. 
  • Timetable: The calls for funding opened on 1 September 2021. The grant can be used between 1 September 2021 and 31 December 2024.
  • Anticipated total funding: EUR 6.5 million
  • Responsible party: Ministry of Economic Affairs and Employment

Press release 1 September 2021:New incentives to develop the Ohjaamo low-threshold services for young people 

Senior Specialist Jani Lehto tel. +358 29 504 7003

Increasing employment of people with partial work ability through an intermediate labour market operator

  • Contents: Establishment of a business operator for the intermediate labour market whose task will be to promote the access and integration of people with partial work ability in the labour market.  The new special assignment company will hire people with partial work ability for longer-term employment relationships and offer their labour to other employers. The aim is that some workers will eventually find employment in the open labour market. The investment is part of a broader work ability programme implemented by the Ministry of Economic Affairs and Employment and the Ministry of Social Affairs and Health.
  • Timetable: The investment included in the reform will be implemented in 2022–2023.
  • Total funding: EUR 12 million 
  • Responsible party: Ministry of Economic Affairs and Employment

Work ability programme 

A special assignment company to employ people with partial work ability who are in the most difficult position 

Inquiries: Labour Market Counsellor Kimmo Ruth, tel. +358 295 048 073

Raising the level of skills and continuous learning

Reform of continuous learning

  • Contents: The reform of continuous learning will improve the availability and effectiveness of foresight data and create targeted study offerings that are based on the foresight data and relevant to working life. The reform will also increase outreach activities, support measures and provision of low-threshold educational opportunities for groups that are under-represented in education. By developing lifelong guidance, mapping skills and further needs and developing tools for identifying competencies, the aim is to prevent people from leaving the labour market and becoming unemployed. Another objective is to raise the employment rate and the availability of skilled labour. The reform of continuous learning will support the growth potential and renewal of working life, companies and society as well as the vitality of regions.
  • Timetable: Reform of continuous learning will be implemented in 2021–2024
  • Total funding: EUR 44 million.
  • Responsible parties: The reform will be implemented in cooperation by the Ministry of Economic Affairs and Employment and the Ministry of Education and Culture. 

Continuous learning

Inquiries: Labour Market Counsellor Teija Felt , tel. +358 29 504 9080

Continuous learning digitalisation programme

  • Contents: The digitalisation programme for continuous learning consists of two mutually supportive projects: a digital service package for continuous learning that covers the entire education system and crosses administrative boundaries as well as a package of digitalisation and flexible learning in higher education.  The digital service package for continuous learning consists of interconnected smart online services, such as services for assessing and identifying competencies, guidance, educational search services, services for the provision of education, and related data resources. Digitalisation of higher education and improvements to flexible learning will create an open and recognised learning ecosystem for different personal situations and needs. The solutions will enable more and more people to access or be easily directed to the latest information and education while the quality of education and its effectiveness improves.  The services will make it easier for citizens and working life to respond to changes in the labour market, improve the conditions for finding employment and staying at work and increase inclusion among citizens.
  • Timetable: The digitalisation programme will be built in stages during 2021–2024. 
  • Total funding: EUR 32 million.
  • Responsible parties: The reform will be implemented in cooperation by the Ministry of Economic Affairs and Employment and the Ministry of Education and Culture.

Inquiries: Chief Specialist Tiina Salminen, tel. +358 29 516 3102

Sectors affected by the coronavirus crisis

Sustainable growth and digitalisation in the tourism sector 

  • Contents: The investment aims to develop tourism companies and regions in Finland by promoting the sustainability of activities and the monitoring and assessment of tourism development as well as the sales of tourism services, particularly in the digital operating environment. The investment will create concrete tools for calculating the carbon footprint of tourism services and for knowledge-based management in tourism companies and regions. In addition, coaching programmes will be created to support the renewal and growth of the sector. 
  • Timetable: 2021–2024 
  • Total funding: EUR 10,75 million
  • Responsible party: The Visit Finland unit of Business Finland

Chief Specialist Sanna Kyyrä, tel. +358 29 504 7012
Visit Finland: Senior Director Kristiina Hietasaari, [email protected]

Funded by the European union – NextGenerationEU