The Entrepreneurial Boost Program


September 22, 2023

Table of Contents

What is The Entrepreneurial Boost Program

Expertise Tailored to Your needs

In Practise: International Business

In Practise: Business Processes and Funding

In Practise: Digitalization and Business

Support for MedTech Startups

How to Apply

What is The Entrepreneurial Boost Program

The Entrepreneurial Boost program – or Yrittäjyysbuusti in Finnish – is a program co-funded by the Pirkanmaa region Centre for Economic Development, Transport and the Environment, TE Services, and the Ministry of Economic Affairs and Employment of Finland. The program is a unique service model to support the entrepreneurial aspirations of early-stage entrepreneurs who are at the beginning of an entrepreneurial venture or business journey.

Together with BrainStormCorner, we offer multidisciplinary and multilingual expertise to create a holistic vision for the success of your business.

Entrepreneurial boost

Expertise Tailored to Your Needs

The service model is designed to provide the right expertise to match your situation and to develop your business locally or internationally. Be it the development of business processes, designing funding strategies, planning digital business models, or taking your first internationalization steps, our team will guide you through the stages.

In Practise: International Business

Depending on your choice of focus, our team will work with you to build the steps for market expansion through explicit coaching program.

A) From your products or services, we identify ones that could be in demand in a foreign market or help identify opportunities from the foreign market to Finland.

B) We will find out the suitability of the product you have already chosen for the selected target market and define the necessary marketing measures.

Within International Business Package our team can provide expertise to search for a distributor or other partner, initiate a market survey or competitor survey, and build steps for localization and translation of marketing material or web pages into the language of the target country. These could also include web commerce possibilities, planning negotiation strategy and tactics taking cultural aspects into account, as well as organizing negotiations and interpretation, for example.

In Practise: Business Processes and Funding

Depending on your choice of focus – Business processes or funding – our team will work with you to identify your business process development and financing needs for sustainable growth and scalability.

The biopharmaceutical and health technology landscape is changing as the link between the two becomes stronger, which requires a strategy to achieve the European Development Edge. On this basis, we will review your company:

a) The development needs of your business to achieve sustainable growth.

Key considerations include identifying the necessary and relevant core, operational, and support processes to increase efficiency, which a start-up needs due to limited resources. Delivering a product or service to reach customers while complying with essential administrative and regulatory requirements are key issues for start-up entrepreneurs.

b) Your financing needs for innovation, product development, and internationalization.

Identifying available sources of finance is important for start-up entrepreneurs, as cash flow is initially higher than revenue, especially if the product development cycle is long and it can take a long time to generate revenue. Funding sources may include Finnish public funding channels, private investors, and EU funding such as EIC and other funding for innovation projects.

In Practise: Digitalization and Business

Our team will work with you to analyze the best digital models to match your product or service, which could be, for example:

a) Digitalization of key aspects of your business, i.e. customer centricity, cost reduction, scalability, Big Data, IoT, and platforms.

b) Automation of routines partly or entirely through digital technologies.

c) Customer pathways, accessibility, and communication online.

d) Website redesign and look and feel. Image.

Digitalization aims to use digital technologies to transform the business model and provide new opportunities for revenue and value creation. The various benefits include increased efficiency and productivity, reduced operating costs, improved customer experience and communication, increased agility and transparency, improved competitive advantage, and faster decision-making.

Support for MedTech Startups

A newly founded biomedical technology startup faces several challenges on its way to the market. The first steps are to secure sufficient funding for the long development phase and to ensure that the product (or service) is suitable for the needs of end users. 

Every innovative startup needs to have a clear understanding of available public grants and innovation funding opportunities, as well as potential investors and other sources of finance, in order to develop a viable funding program.

On the other hand, to ensure agile market access, a startup in MedTech has to take various specific considerations during the research and product development phase, of which some essential include user research, Human Factors Engineering (HFE) process, pre-clinical and clinical investigations, design Verification and Validation (V&V) as required by regulatory compliance. 

The entrepreneurial boost program will offer a unique opportunity for MedTech startups to require expertise to focus their product development on the ‘right things’ and to have a clear understanding of what is needed for agile market access.

How to Apply

To apply for the program you need to check your eligibility:

  • The applicant is currently a part-time entrepreneur or a full-time one who started less than one year ago. E.g. in a startup. 
  • Is registered as a customer of the TE Services (TE-toimisto) with entrepreneur status. 
  • Resides in Pirkanmaa (greater Tampere) region. Nationality is irrelevant.

The Boost is personal and not per company: Several people from the same team or company could apply if they fulfill the criteria.

The steps to apply for the program:

  • Use your Finnish bank credentials or other available online identification to enter the employment office (TE office) web service “Kirjaudu palveluun” in Finnish.
  • Register as entrepreneur job-seeker -> Ilmoittaudun työnhakijaksi. Mark reason to register: Entrepreneurial Boost, Pirkanmaan yrittäjyysbuusti (Non-EU citizens need to fill in a separate application form. We can support the process.)
  • Then go to Log in from the top menu. Apply to be an “Existing entrepreneur”.
  • Wait for the application to be accepted. Then choose BrainStormCorner as the service provider.

FDA Regulatory Reform Outlook 2023

In recent years, the US Food and Drug Administration (FDA) has faced criticism regarding its review process, the need to keep up with the science today, and updating the regulatory framework accordingly. In response, the year 2023 has been the year that brings significant changes to the FDA regulatory framework, and several initiatives are waiting on the horizon.

Healing childhood abuse wounds

Healing Childhood Abuse Wounds

Childhood abuse and assault can have a significant impact on a person’s mental wellbeing in adulthood. The trauma experienced in childhood can have lasting effects that can manifest in a variety of ways, including anxiety, depression, and post-traumatic stress disorder (PTSD).

Breaking the Taboo

Breaking the Taboo

A worrying trend observed across all regions and language groups is the global decline in the mental wellbeing of younger generations. The Mental Health Million data show that with each successively younger generation, there is a decline in mental wellbeing, as reflected in falling MHQ scores and a corresponding increase in the proportion of people who are distressed or struggling with significant mental health problems.

Mental Health is Brain Health

Innovation for Mental Wellness

Even today, mental health issues are branded with a high level of stigma although it has a profound impact on the individual and society as a whole. Negative perceptions that stigmatize mental health issues may discourage and prevent individuals to seek help. This combined with poor access to mental health care services leads to significant public health issues, not to forget the economic costs to society, including healthcare costs, lost productivity, and reduced economic growth. To begin with, mental health is a public health issue affecting a person’s overall well-being, quality of life, and productivity and is of vital importance to both individuals and societies.

New partnership goals inXso and BrainStormCorner

New Partnership Goals: inXso and BrainStormCorner

inXso is glad to share our new partnership goals with BrainStormCorner, founded as a business think tank with global roots, born right next to Tampere University campus. BrainStormCorner is a versatile toolbox of business services and research commercialization, based on long international and multidisciplinary experience.


Life Science & Medical Technology EXPO’s in Asia 2022 – Where you should start

Expos, trade fairs, and shows are a way to build business networks and search for partners that open new potential markets. It brings a lot of positive exposure for companies and their innovations, builds customer interest, and opens doors for collaborative projects along the life science and medical technology value chain.

Horizon Europe Cluster Health

Horizon Europe Cluster Health – Research and Innovation Funding

The EU Research and Innovation Programme 2021-2027 has gathered a lot of attention from the research communities around Europe this time around with their Cluster Health topics that are open for proposals. The published destinations aim to address acute and long-term problems in the healthcare ecosystem and the health and well-being of citizens from a societal point of view – without forgetting the lessons learned from the Covid-19 pandemic.

inXso 2021 MedTech Series R&D focal points

inXso 2021 MedTech Series R&D focal points

For 2021 inXso has created a webinar series outlining some specific features that are essential for global design of medical technology, and introduces some regulatory aspects in context of EU MDR and Swiss regulatory landscape, as well as some basic features from Chinese and Japanese regulations that everyone – or every company – considering these healthcare markets should now of.


How to build internationalization strategy for HealthTech

Internationalization attempts usually fail due to a lack of thorough preparation and adherence to the chosen strategy.
When it comes to the medical industry – such as life sciences, healthcare technology, biomedical technology, and pharmaceuticals – an industry operating in a heavily regulated environment, any attempt to seek market growth through internationalization faces a multitude of specific considerations.

User-Centered Design of Medical Devices

In recent years, medical technology has taken a trend towards creating personalized care while seeking ways to enhance the quality of healthcare for patients and lower healthcare costs. At the same time, developers must keep in mind the devices’ ease of use and gain regulatory approval in the highly internationalized market.
Capturing user profiles and use environments across nations and cultures needs more creative, wide-reaching, and complex problem-solving approaches than the conventional preference for scientific and technological advancement.

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