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Income (€) 2016–2021

Funding                                              30 000 000

The vast majority of our income                      22 500 000
arises from competitive external
grants and industrial collaboration.                 15 000 000

The total annual income of FIMM has steadily         7 500 000
increased to the current, almost 29 M€. In 2021,
the basic funding from the University of Hel-        0 2016      2017  2018  2019                                                 2020  2021
sinki was around 1.8 M€ with additional infra-
structure and strategic funding of 1.9 M€. The                   University of Helsinki Basic Funding
vast majority of our funding thus arises from                    University of Helsinki Strategic/Competitive Funding
competitive external funding sources, mainly                     Service Income
grants, external service income and industrial                   Academy of Finland
collaboration.                                                   Domestic Foundations
                                                                 Business Finland (Tekes)
Compared to the University of Helsinki in gener-                 Other Public Funding, incl. National Institutes of Health (NIH)
al, FIMM receives a very high fraction of funding                EU
from Business Finland, the European Commis-                      Industrial Collaborations
sion and through industrial collaborations.                      Internationa Foundations
Currently, there are 20 ongoing EU projects at
FIMM, including one ERC Starting Grant, several
research and infrastructure projects from H2020
programmes, as well as Innovative Medicines
Initiative 2 and Marie Skłodowska-Curie Actions
projects. 

FIMM – Building a Bridge from Discovery to Medicine                                                                                           | 31
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