Funding from EU Recovery and Resilience Facility (RRF)

The Next Generation EU recovery instrument supports a speedy recovery for people, the EU economy and society from the Covid-19 crisis. The instrument includes a 750 billion recovery fund for EU member states. The recovery package is divided into seven parts, of which the Recovery and Resilience Facility (RRF) is the largest. The RRF includes 672.5 billion in funding for EU member states.

Each member state must present a national Recovery and Resilience Plan (RRP) in order to receive RRF funding. The Council of the European Union formally approved Finland’s plan in autumn 2021. Finland’s Recovery and Resilience Plan forms part of the Sustainable Growth Programme for Finland. The programme supports growth that is ecologically, socially and economically sustainable.

The Academy of Finland supports the implementation of Finland’s Recovery and Resilience Plan with funding to promote the dual digital and green transition. In 2021, the Academy’s RRF-based funding amounted to 45 million euros. In 2022, the Academy’s RRF-based budget authority is approximately 40 million euros.

Business Finland works with the Academy of Finland to implement the Recovery and Resilience Plan. Read more about Business Finland’s funding for building and developing infrastructures that support leading technologies and sustainable growth and digitalisation as well as the partnership model funding for companies and research organisations.

See below for more information on Academy-supported research infrastructures and research projects.

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