Investment funding

Organisations can apply for investment funding (B) for the purchase of fixed assets (e.g. computer hardware and systems, furniture, and equipment), premises or apartments, as well as for renovation and new construction projects.

In construction and renovation projects the funding is targeted at the project’s establishment expenses. This group of expenses can include

• expenditure on acquiring property or premises
• expenses arising from construction or renovation
  
• interest on debt during the construction period
• purchases of fixtures and fittings

Own financing required

Investment funding is always granted for a specific project, and can cover only some of the overall costs arising. The recipient organisation is also required to make its own financing available.

The proportion covered by funding varies according to the type of project and is most usually in the range 30 -70%. This figure also varies according to the financial situation of the organisation and other potential sources of finance for the project.

In addition to these webpages and the Application Guide, instructions are provided in RAY’s Construction Guide which can be found in the Resource Bank (in Finnish)


The forms needed to apply for funding can be found in the Resource Bank (in Finnish)