helsinki the best destination to build your business€¦ · launch pad. around 500 tech startups...
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HELSINKI THE BEST DESTINATION TO BUILD YOUR BUSINESSDR. MARJA-LIISA NIINIKOSKICEO, HELSINKI BUSINESS HUB
Photo © Jussi Hellsten / Visit Helsinki
Finland Defining the Next 100 YearsWatch the video: https://youtu.be/lhSUjnX0qKY
WE ARE WELL-KNOWN FORHIGH-END ICT, R&D AND
INNOVATION OPPORTUNITIES…
“I KNOW NOKIA, BUT
WHAT ELSE IS THERE IN
FINLAND?”
#1 INDIGITAL
SKILLS OFTHE SOCIETY
SPECIALISTICT SKILLS
VIBRANTSTARTUP
ECOSYSTEM
Suitability of overall operating environment based on multiple criteria related to • Talent 35%• Cluster presence 15%• Infrastructure & connectivity 15%• Regulations 15%• Stability & risk 5%• Living environment 5%• Language skills 5%• Real estate 5%The higher the score, the better suited the environment.
BEST VALUE PROPOSITION
EXMAPLES OF EXISTING MULTINATIONALHIGH-END ICT INDUSTRY AND THE NEW-COMERS
FINNISH R&D HUB
AS A LAUNCH
PAD
AROUND 500 TECH STARTUPS LOCATED IN THE HELSINKI REGION – CORPORATE VENTURING PARTNERSHIPS AVAILABLE
Startup definition: Established 2011-16, small or micro sized company.
17,500 ATTENDEES1 MILLION LIVE STREAM VIEWERSOVER 2,300 STARTUPS1,100 VENTURE CAPITALISTS600 JOURNALISTSFROM OVER 120 COUNTRIES
+ SLUSH TOKYO / SLUSH SINGAPORE / SLUSH SHANGHAI
HELSINKI 31.11.-1.12.2016
AND WE ARE AT THE TOP OF GLOBAL LIVEABILITY RANKINGS
SOURCE: EXPAT INSIDER 2016
EDUCATIONSYSTEM IS
FINLAND ISTHE MOST
SAFE& MOSTSTABLECOUNTRYIN THE WORLD
FREE& WORLD-CLASS
FINLAND IS THE GREENESTCOUNTRYWITH 3RD
CLEANEST
AIRIN THE WORLD
EVERYTHINGIN THE FINNISH
BY 2030 OVER 20% OF RESIDENTS IN HELSINKI HAVE A FOREIGN MOTHER TONGUE
MIDDLE-EAST AND NORTH AFRICA
RUSSIA
OTHER ASIA
OTHER AFRICA
WEST EUROPE
BALTIC COUNTRIES
EAST EUROPE
OTHER / UNKNOWN
PER
SO
NS
Source: The City of Helsinki / Population with foreign background in Helsinki 2016
…BUT WHAT ABOUT FINLAND ASREGIONAL HQ LOCATION?
Photo © Jussi Hellsten / Visit Helsinki
PERCEPTIONS & REALITY
“THE COSTS ARE REALLY
HIGH IN FINLAND”
“THE COSTS ARE REALLY
HIGH IN FINLAND”
BREAKDOWN OF MAINOPERATING COST OF REGIONAL HQ
MEUR, IN YEAR 1 (IBM-PLI)
HELSINKI COPENHAGEN STOCKHOLM BERLIN
3.0 3.13.3 3.3
Corporate income tax Property tax Labor cost
QUALITATIVE ASSESSMENT OF RHQ’S
COMBINED COST-QUALITY ASSESSMENT OF A REGIONAL HQ (IBM-PLI 2016)
HELSINKI
COPENHAGEN
STOCKHOLM
BERLIN
6.5
6.0
5.5
5.0
4.5
4.0
3.5
115 110 105 100 95 90 85
NPV OF OPERATING COST(index, average = 100)
QU
ALI
TATI
VE
SC
OR
E(0
to
10)
“THE COSTS ARE REALLY HIGH IN
FINLAND”
“FINLAND CAN’T COMPETE WITH
THEIR NEIGHBOURS”
SHORTEST ROUTE TO EUROPE - 18 DIRECT DESTINATIONS & 92 WEEKLY DEPARTURES TO ASIA
BangkokBeijing
ChongqingDelhiFukuokaNEW 2017 GoaGuangzhouHo Chi MinhHong KongNagoyaKrabiOsakaPhuketSeoul
ShanghaiSingapore
TokyoXian
New YorkChicagoMiami
NEW 2017 San FranciscoNEW 2017 Havana
GATEWAY TO EUROPE AND
RUSSIA
100 MILLION
PEOPLE IN BALTIC SEA
REGION
110 MILLION
PEOPLE IN EUROPEAN
RUSSIA743 MILLION
PEOPLE IN EUROPE
ONLY NORDIC COUNTRY IN THE EUROZONE
THE HELSINKI REGION OUTNUMBERS OTHER NORDIC CAPITALS IN TOTAL AMOUNT OF FDI PROJECTS & CROSS-BORDER VENTURE AND M&A DEALS
130
147140
164
149
89 8692
8493
86 83
108118
112
31 27
46
2836
62
97
7785 89
0
20
40
60
80
100
120
140
160
180
2012 2013 2014 2015 2016
Helsinki Copenhagen Stockholm Tallinn Oslo
Lähde: Financial Times fDi Markets & Bureau van Dijk Zephyr
Dr. Marja-Liisa Niinikoski, CEO
+358 40 538 [email protected]@hbh.fiwww.helsinkibusinesshub.fi
SEE YOU IN HELSINKI!