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Finland receives assistance from two structural funds in the EU: the European Regional Development Fund and the European Social Fund.https://tem.fi/en/eu-structural-funds
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Structural change is normal part of regional economic development and business renewal. There have been major changes in Finland’s industrial structure over the last decade and tens of thousands of jobs have disappeared, especially in traditional industries. During the past few years, the ICT sector has also been severely hit by structural change.https://tem.fi/en/structural-change
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Applying for the EU’s regional and structural policy funding and implementing projects Applying for the EU’s regional and structural policy funding and implementing projects during programme period 2021–2027 and programme period 2014–2020 Processi...https://tem.fi/en/data-protection-applying-for-the-eu-s-regional-and-structural-policy-funding-and-implementing-projects
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Globalisation and changes in production structures may cause abrupt and substantial threats and problems for regional development, especially when a company lays off a large number of employees or closes down its production plant in the region. The consequences and impacts of the problems arising from abrupt structural change are assessed from the perspective of the region’s employment situation, industrial operations and business structure.https://tem.fi/en/abrupt-structural-change-arm-
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EU’s regional and structural policy The European Union's regional and structural policy (cohesion policy) aims to increase the Member States' economic and social cohesion as well as to reduce interregional development disparities. The enlargement ...https://tem.fi/en/eu-regional-and-structural-policy
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29.1.2026 | The Government will provide targeted separate funding to South Karelia and Vakka‑Suomi for measures that promote re‑employment and improve skills. Both regions have faced an abrupt structural change (ASC, or ÄRM in Finnish) that has required regional action. In addition, the Ministry of Economic Affairs and Employment has decided to allocate European Regional Development Fund (ERDF) funding to impr...https://tem.fi/en/-/government-allocates-eur-2.25-million-in-targeted-funding-to-ease-abrupt-structural-change-in-south-karelia-and-vakka-suomi
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11.12.2025 | On 11 December 2025, the Government submitted to Parliament a Union communication concerning the European Commission’s proposed regulations on the European Regional Development Fund (ERDF) and the European Social Fund (ESF). The proposals are part of the Commission’s proposal for a new multiannual financial framework for 2028–2034.https://tem.fi/en/-/government-decides-on-eu-regional-and-structural-policy-reform-for-2028-2034-as-part-of-partnership-fund
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Sustainable Growth Programme funding to companies from the Ministry of Economic Affairs and Employment and government agencies under its purview Recovery funding promotes the renewal of economic structure and the competitive advantage of Finnish c...https://tem.fi/en/funding-available-to-companies-under-the-sustainable-growth-programme
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Other funding targets under the Sustainable Growth Programme in the Ministry of Economic Affairs and Employment and government agencies under its purview The Sustainable Growth Programme includes investments and reforms that support the European U...https://tem.fi/en/other-funding-targets-under-the-sustainable-growth-programme
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24.4.2026 | Minister of Economic Affairs Sakari Puisto will represent Finland at a high-level conference on economic resilience and security of the EU’s eastern border in Vilnius on 24 April 2026.https://tem.fi/en/-/minister-puisto-to-attend-high-level-eastern-border-conference-in-vilnius
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12.12.2023 | On 8 December 2023, the Ministry of Economic Affairs and Employment decided to grant a total of EUR 825,000 in coordination funding to six areas to manage structural change and to strengthen their vitality.https://tem.fi/en/-/six-areas-receive-ministry-funding-to-manage-structural-change
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8.7.2022 | On 8 July 2022, the Government decided on the grant authorisations under the Finnish structural funds programme, Sustainable growth and jobs 2014–2020, for 2022 and the last allocation of funds of the programming period 2014–2020 to the intermediary bodies.https://tem.fi/en/-/regional-councils-receive-eur-4.6-million-in-eu-regional-and-structural-policy-funds
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The Act on Regional Development and the Administration of Structural Funds (7/2014) entered into force in 2014, and it governs regional development. The Act lays down the goals and programme work of regional development as well as the tasks of the authorities responsible. Moreover, the Act includes special provisions on the structural fund programme and the European Territorial Cooperation programme, namely managing their action plans.https://tem.fi/en/legislation-on-regional-development
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9.11.2023 | The Government has decided to grant Kymenlaakso a total of EUR 6 million to mitigate the impact of sudden structural change. The region is looking for new growth in the battery and food sectors, in particular. In all, the development package for Kymenlaakso amounts to ca. EUR 9 million.https://tem.fi/en/-/government-grants-support-to-kymenlaakso-to-manage-structural-change
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Development of working life is a joint process Technological change and globalisation, various crises, demographic structure and climate change speed up the transformation of working life. A good, productive and ecologically sustainable working li...https://tem.fi/en/working-life-development
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10.2.2022 | On 10 February 2022 the Government decided on the grant authorisations under the EU’s regional and structural policy programme, Innovation and Skills in Finland 2021−2027; and the Finnish structural funds programme, Sustainable growth and jobs 2014–2020, to the intermediary bodies in 2022. At the same time, the Government decided how to distribute the funds of the Interreg programmes for the per...https://tem.fi/en/-/about-eur-547-million-of-eu-regional-and-structural-policy-funds-for-2022-allocated-to-intermediate-bodies
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Ministers Minister of Employment Matias Marttinen is the head of the Ministry of Economic Affairs and Employment. Minister of Employment is responsible for matters concerning the Employment and Well-Functioning Markets Department. The Department i...https://tem.fi/en/ministers
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Regional development is carried out in broad-based cooperation by different authorities and other actors in both central government and the regions. In the distribution of responsibilities between the ministries, regional development has been assigned to the Ministry of Employment and the Economy. The targets, responsibilities of the authorities and programmes of regional development have been determined in the Act on Regional Development and the Administration of Structural Funds (7/2014).https://tem.fi/en/objectives-and-planning-of-regional-development
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31.8.2023 | On 31 August 2023, the Government granted EUR 2.2 million to Southwest Finland to mitigate the impact of the sudden structural change in the city of Uusikaupunki. In addition, a separate decision was made to allocate EUR 400,000 in ESR+ funding from the Innovation and Skills in Finland, the EU Regional and Structural Policy Programme, to Southwest Finland. The entire funding is intended for the implementat...https://tem.fi/en/-/government-grants-eur-2.2-million-for-managing-structural-change-in-uusikaupunki
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Ministry of Economic Affairs and Employment Minister of Economic Affairs Sakari Puisto The Finns Party Minister of Economic Affairs Sakari Puisto is responsible for matters of the Innovations and Enterprise Financing Department at the Ministry of ...https://tem.fi/en/minister-of-economic-affairs