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	<title>The Next Web &#187; finland</title>
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		<title>Better late than never? RIM lands on Nokia&#8217;s turf as BlackBerry hits Finland</title>
		<link>http://thenextweb.com/mobile/2012/03/27/better-late-than-never-rim-lands-on-nokias-turf-as-blackberry-hits-finland/</link>
		<comments>http://thenextweb.com/mobile/2012/03/27/better-late-than-never-rim-lands-on-nokias-turf-as-blackberry-hits-finland/#comments</comments>
		<pubDate>Tue, 27 Mar 2012 12:59:21 +0000</pubDate>
		<dc:creator>Robin Wauters</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[BlackBerry]]></category>
		<category><![CDATA[finland]]></category>
		<category><![CDATA[Research In Motion]]></category>
		<category><![CDATA[rim]]></category>

		<guid isPermaLink="false">http://thenextweb.com/?p=357566</guid>
		<description><![CDATA[<img width="520" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2012/03/Photoxpress_21219640-520x245.jpg" alt="Helsinki" title="Helsinki" /><br />Canadian phone and tablet manufacturer Research In Motion (RIM) has &#8211; finally, one might add &#8211; started selling BlackBerry smartphones in Finland, which is obviously the birthplace of one of...]]></description>
			<content:encoded><![CDATA[<img width="520" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2012/03/Photoxpress_21219640-520x245.jpg" alt="Photoxpress 21219640 520x245 Better late than never? RIM lands on Nokias turf as BlackBerry hits Finland" title="Photoxpress 21219640 520x245 photo"  /><br /><p>Canadian phone and tablet manufacturer <a href="http://rim.com">Research In Motion</a> (RIM) has &#8211; finally, one might add &#8211; <a href="https://twitter.com/#!/virki/status/184611135197151232">started</a> selling <a href="http://www.rim.com/products/">BlackBerry</a> smartphones in Finland, which is obviously the birthplace of one of its fiercest rivals, Nokia.</p>
<p>Finnish <a href="http://www.hs.fi/talous/Blackberryt+tulevat+Suomen+markkinoille/a1305558652981">media</a> are <a href="http://www.ksml.fi/uutiset/talous/blackberryt-tulevat-suomen-markkinoille/1180411">reporting</a> that RIM, which has had trouble regaining relevance in a world quickly getting overtaken by Apple, Android phone manufacturers and the Nokia/Microsoft alliance, believes it can sway business users.</p>
<p>It&#8217;s the first time Finns can <a href="http://worldwide.blackberry.com/landing.jsp?regionId=1563">purchase BlackBerry phones</a>; Finland was the only European country that didn&#8217;t have them up for sale until now.</p>
<p>RIM <a href="http://press.rim.com/release.jsp?id=5462">announced</a> <a href="http://crackberry.com/blackberry-makes-its-way-finland-courtesy-cubio">last month</a> that it had <a href="http://www.cubio.com/en/news/press-release">teamed up</a> with mobile virtual network operator <a href="http://www.cubio.com/en/blackberry">Cubio</a>, but BlackBerrys are now ripe for the shipping.</p>
<p><a href="http://www.linkedin.com/pub/paul-lucier/35/229/364">Paul Lucier</a>, who runs RIM&#8217;s operations in Northern Europe and Russia, told reporters that he&#8217;s well aware that BlackBerry will not become the primary smartphone vendor in Finland any time soon, but that the company felt the need to increase its presence and awareness of its phones in the country regardless.</p>
<p>We say it&#8217;s time for a quick poll. Who do you think has the best chance of success: beleaguered Nokia killing it in the United States and Canada, or fading star RIM becoming a top phone vendor in Finland?</p>
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		<title>Nokia&#8217;s ex-employees are building Finland&#8217;s future</title>
		<link>http://thenextweb.com/eu/2011/06/26/nokias-ex-employees-are-building-finlands-future/</link>
		<comments>http://thenextweb.com/eu/2011/06/26/nokias-ex-employees-are-building-finlands-future/#comments</comments>
		<pubDate>Sun, 26 Jun 2011 11:01:23 +0000</pubDate>
		<dc:creator>Paul Sawers</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[Insider]]></category>
		<category><![CDATA[finland]]></category>
		<category><![CDATA[Freespee]]></category>
		<category><![CDATA[Helsinki]]></category>

		<guid isPermaLink="false">http://thenextweb.com/eu/?p=7354</guid>
		<description><![CDATA[<img width="520" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2011/06/Nokia2-520x245.jpg" alt="Nokia" title="Nokia" /><br />The Next Web was in Helsinki last week, and we delved deep into the startup scene that&#8217;s bubbling across the Finnish capital. We started at Aalto Venture Garage, a seed...]]></description>
			<content:encoded><![CDATA[<img width="520" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2011/06/Nokia2-520x245.jpg" alt="Nokia2 520x245 Nokias ex employees are building Finlands future" title="Nokia2 520x245 photo"  /><br /><p>The Next Web was in Helsinki last week, and we delved deep into the startup scene that&#8217;s bubbling across the Finnish capital.</p>
<p>We started at <a title="Aalto Venture Garage" href="http://aaltovg.com/" target="_blank">Aalto Venture Garage</a>, a seed accelerator and co-working space for hackers and startups, touching base with a number of the fledgling businesses.</p>
<p>It was there that we met <a title="GigsWiz - TNW" href="http://gigswiz.com" target="_blank">GigsWiz</a>, a social ticketing company that&#8217;s just <a title="GigsWiz - TNW" href="http://thenextweb.com/eu/2011/06/18/gigswiz-teams-up-with-the-human-league-for-fan-loyalty-program/" target="_blank">announced</a> a partnership with The Human League. And then there was <a title="ThingLink" href="http://thinglink.com" target="_blank">ThingLink</a>, an image-tagging service that had just <a title="ThingLink" href="http://thenextweb.com/eu/2011/06/15/thinglink-launches-rich-media-tagging-making-images-social-and-interactive/" target="_blank">launched</a> a cool new rich media tagging feature.</p>
<p>Founded in 2003, it would be difficult to argue that <a title="Rovio" href="http://rovio.com" target="_blank">Rovio Mobile</a> is a startup. And when we visited the plush offices of the Angry Birds creators near central Helsinki, it certainly didn&#8217;t <em>look</em> like a startup either. But Angry Birds has taken the world by storm since it was launched in 2009, and today it&#8217;s notching up a cool <a title="Million Downloads a Day" href="http://thenextweb.com/mobile/2011/06/16/angry-birds-now-downloaded-more-than-a-million-times-a-day/" target="_blank">million</a> downloads each day. It&#8217;s the recent global success of this game that makes Rovio <em>feel </em>a lot like a startup, in terms of the buzz and excitement going on around the brand. We even got a sneak peek at the forthcoming Angry Birds <a title="Angry Birds Cook Book" href="http://thenextweb.com/eu/2011/06/16/puffies-popovers-gallic-garlic-a-first-look-at-the-angry-birds-cookbook/" target="_blank">Cook Book</a>. Cool.</p>
<p>At the other end of the scale, there&#8217;s <a title="Nokia - TNW" href="http://thenextweb.com/mobile/2011/06/19/the-next-web-at-nokia-hq-helsinki/" target="_blank">Nokia</a>. The global communications giant is headquartered in Espoo, a neighboring city to Helsinki, though the cities are so close together they do feel like one and the same. And this is where our Nokia story begins.</p>
<h3>Nokia in brief</h3>
<h3><a href="http://cdn.thenextweb.com/files/2011/06/Cityman.jpg"><img class="size-full wp-image-7497 alignright" title="Cityman photo" src="http://cdn.thenextweb.com/files/2011/06/Cityman.jpg" alt="Cityman Nokias ex employees are building Finlands future" width="160" height="145" /></a></h3>
<h3></h3>
<p>Nokia was founded in 1865, when telegraphy was about as cool as communications got. Back then, telegraphy <em>was</em> pretty cool though. Without dwelling too much on Nokia&#8217;s distant history, it actually <a title="Nokia - The Early Years" href="http://www.nokia.com/about-nokia/company/story-of-nokia/nokias-first-century/the-birth-of-nokia" target="_blank">started</a> life as a paper manufacturer, before evolving through various industries over the decades and it wasn&#8217;t until the 1960s that the corporation really started to get involved in telecommunications. Fast-forward to 1987 and Nokia launched the <a title="First Nokia" href="http://www.nokia.com/about-nokia/company/story-of-nokia/the-move-to-mobile/mobira-cityman" target="_blank">first</a> handheld mobile phone for Nordic Mobile Telephone (NMT) Networks &#8211; it was bulky, but it was a classic.</p>
<p>Nokia has grown into the world&#8217;s largest mobile phone manufacturer, with over 132,000 employees in 120 countries and recording sales in more than 150 countries. In 2010, Nokia secured revenue of <a title="€42bn" href="http://www.nokia.com/results/Nokia_results2010Q4e.pdf" target="_blank">€42bn</a>, with an operating profit of €2 billion. So you can probably understand the effect that Nokia has had on the Finnish economy. In fact, the company is very much part of the fabric of Finland, and Finns are immensely proud of the company&#8217;s global footprint.</p>
<h3>Nokia: on the slide?</h3>
<p>But Nokia has been hitting the headlines for all the wrong reasons of late.</p>
<p>In the past fortnight alone, the company <a title="3G patent case" href="http://www.theinquirer.net/inquirer/news/2079605/nokia-fails-3g-patent-thrown" target="_blank">lost</a> a 3G patent case to IPCom, and it announced it was <a href="http://www.eweekeurope.co.uk/news/nokia-to-axe-uk-online-shop-31930" target="_blank">closing</a> many of its online stores across Europe. Throw into the mix the big news that the company is gradually shifting towards the land of Microsoft, and you could be forgiven for concluding that Nokia is a company in decline.</p>
<p>Indeed, it&#8217;s the latter of these examples that has had many people</p>
<h3><a href="http://cdn.thenextweb.com/files/2011/06/ElopBalmer.jpg"><img class="alignright size-full wp-image-7498" style="margin: 1px;" title="ElopBalmer photo" src="http://cdn.thenextweb.com/files/2011/06/ElopBalmer.jpg" alt="ElopBalmer Nokias ex employees are building Finlands future" width="210" height="145" /></a></h3>
<p>speculating on the company&#8217;s future. Back in February, Nokia <a title="Nokia and Microsoft" href="http://thenextweb.com/eu/2011/02/11/confirmed-nokia-adopts-windows-phone-7/" target="_blank">announced</a> a &#8220;broad strategic partnership&#8221; with Microsoft meaning that, in the first instance, it would be adopting the Windows operating system. Symbian isn&#8217;t dead yet, but it will be within five years.</p>
<p>And Nokia is also <a title="Navteq and Bing?" href="http://online.wsj.com/article/SB10001424052702304657804576401372829455918.html#ixzz1Q2WlLmru" target="_blank">using</a> its partnership with Microsoft to help revive its Navteq mapping system in the mobile advertising sphere. The plan, it seems, is to combine the mobile-location and commerce-services sides of the business with Navteq into a single unit. Nokia&#8217;s CEO Stephen Elop said:</p>
<blockquote><p>&#8220;We will provide next generation social-location applications and commerce to differentiate Nokia.&#8221;</p></blockquote>
<p>But why doesn&#8217;t Microsoft just go ahead and buy Nokia&#8217;s mobile phone business altogether and focus on research and development? Well, that&#8217;s exactly what has been <a href="http://thenextweb.com/microsoft/2011/06/01/reports-claim-microsoft-is-set-to-acquire-nokias-phone-business-for-19bn/" target="_blank">rumored</a> and these rumors keep arising, even though it has been stated categorically on a number of occasions that suggestions of a takeover are completely <a title="Baseless" href="http://thenextweb.com/industry/2011/06/02/nokia-ceo-there-are-absolutely-no-discussions-with-microsoft-on-buyout/" target="_blank">baseless</a>.</p>
<p>Indeed, it&#8217;s clear that Microsoft won&#8217;t be buying Nokia, certainly not in the foreseeable future. It makes no sense &#8211; why would they acquire Nokia so soon after announcing a &#8216;strategic partnership&#8217;?</p>
<p>But there&#8217;s no denying something isn&#8217;t right at Nokia Towers. Nokia is <a title="Market Share Loss" href="http://www.guardian.co.uk/technology/2011/may/31/nokia-shares-dive-profit-warning" target="_blank">losing</a> its mobile phone market share, though it is still the largest maker by volume of handsets, selling about 124m each quarter. And there has been staff cuts in Finland too, there was a big round of cuts back in 2008/2009, plus there&#8217;s been at least <a title="500 staff cuts Finland" href="http://thenextweb.com/mobile/2011/01/14/nokia-lowers-finnish-job-cuts-from-800-to-500-employees/" target="_blank">500</a> this year alone at the last count, whilst it has also been losing key staff to <a href="../../mobile/2011/05/24/sony-ericsson-poaches-nokia-vp-as-head-of-operations/" target="_blank">competitors</a>.</p>
<p>So what effect will all this have on the Finnish economy? I went out to see what life after Nokia would look like.</p>
<h3>Life after Nokia</h3>
<p>I spoke with <a title="@juhani" href="http://twitter.com/#%21/juhani" target="_blank"><span style="font-family: arial,helvetica,sans-serif;">Juhani Polkko</span></a>, a marketing and media technology entrepreneur, who is currently VP of Marketing at a Nordic advertising technology company called <a title="Freespee" href="http://www.freespee.com/" target="_blank">Freespee</a>. He&#8217;s also a former Nokia employee, so he was in a good position to share his thoughts on what&#8217;s happening at Nokia and the knock-on effect this could have on the Finnish economy.</p>
<p>Polkko was Country Manager, Nordic, at Nokia Interactive Advertising for the twelve months up to May 2009. I asked him what the consensus on the Nokia situation was:</p>
<blockquote><p>&#8220;There are mixed feelings. I expect Nokia to turn it around and it will definitely stay in business, whether that will be independently I’m not sure, but things need to change. I’m very proud of the success Nokia had throughout the 90s, and it was a major driver of the Finnish economy.”</p></blockquote>
<p>As for Polkko&#8217;s role at Nokia, the business unit that he was part off hit what he called a &#8216;speed bump&#8217;, and the downturn in the economy meant that Nokia pulled the plug on the unit. Polkko was offered new roles elsewhere in the company, but he chose to move on. He says:</p>
<blockquote><p>“When I left the company, about 1,500 others left during that spring, across five locations in Finland. That’s when the decline started, when the whole European economy hit the speed bump.”</p></blockquote>
<p>When Polkko left Nokia, he spent six months doing some consultancy work before starting at Freespee. And he still has his own consulting company too, which advises startups such as <a href="http://www.premiumfanpage.com/en/" target="_blank">PremiumFanPage</a>, <a href="http://www.xihalife.com/" target="_blank">XIHA Life</a>, <a href="http://www.whitevector.fi/en/" target="_blank">Whitevector</a>, <a href="http://www.46elks.com/" target="_blank">46elks</a> and <a href="http://www.offerium.fi/" target="_blank">Offerium</a>, the latter of which was recently acquired by media company <a href="http://www.sanoma.com/" target="_blank">Sanoma</a>.</p>
<p>I asked Polkko if people are concerned about Nokia&#8217;s recent &#8216;decline&#8217;?</p>
<blockquote><p>“I think the company’s been in decline for two years, so these latest developments really are nothing new. Sure, people have been concerned, but a lot of other people with a wider picture of the economy are being forced into being entrepreneurs and working for smaller companies.”</p></blockquote>
<p>So could it be that Nokia&#8217;s &#8216;restructuring&#8217;, for want of a better word, could be a good thing for the Finnish economy?</p>
<blockquote><p>“It&#8217;s too early to say, but there are signs that the economy could benefit&#8221;, says Polkko.</p></blockquote>
<h3>Nokia: a brain-drain?</h3>
<p>Certainly, I heard from a few people I met on my trip to Helsinki say that Nokia has traditionally taken a lot of the talent out of the market &#8211; it&#8217;s a brain-drain. I&#8217;m not necessarily saying that&#8217;s a bad thing &#8211; Nokia has had a monumentally positive effect on the country and its economy. But when one company becomes the focal point for all the talent, it&#8217;s easy to see how it can lead to stagnation elsewhere.</p>
<p>So using that position as a starting point, it goes without saying that Nokia&#8217;s downsizing should in fact be a good thing for the country overall.</p>
<p><a href="http://thenextweb.com/industry/2011/04/21/rovio-ceo-peter-vesterbacka-named-to-times-100-most-influential/" target="_blank">Peter Vesterbacka</a> of Angry Birds fame was recently quoted as <a href="http://www.kauppalehti.fi/5/i/mobiili/kl_mobiili/uutinen.jsp?oid=20110573939&amp;ext=nwnd" target="_blank">saying</a> that the freeing-up of Nokia’s talent was one of the best situations ever. “We’re finally getting out of that cycle, where everything revolves around Nokia,&#8221; he said.</p>
<p>I looked at some of the other fledgling companies in Finland and it seems that ex-Nokians are everywhere.</p>
<h3>HeiaHeia</h3>
<p><a title="HeiaHeia" href="https://www.heiaheia.com/" target="_blank">HeiaHeia</a> is a social web service providing a fun way to keep fit. HeiaHeia lets you keep track of all kinds of activities, with over 350 different sports already supported.</p>
<p style="text-align: center;"><a href="http://cdn.thenextweb.com/files/2011/06/HeiaHeia-probably-the-most-fun-way-to-keep-fit_1309087490483.png"><img class="aligncenter size-full wp-image-7499" title="HeiaHeia probably the most fun way to keep fit 1309087490483 photo" src="http://cdn.thenextweb.com/files/2011/06/HeiaHeia-probably-the-most-fun-way-to-keep-fit_1309087490483.png" alt="HeiaHeia probably the most fun way to keep fit 1309087490483 Nokias ex employees are building Finlands future" width="540" height="300" /></a></p>
<p><a href="http://twitter.com/#%21/ollii" target="_blank">Olli Oksanen</a> is co-founder and &#8216;Product Guy&#8217; at HeiaHeia, having launched the company in 2009 following a ten-year stint at Nokia. <a href="http://twitter.com/#%21/ivanku" target="_blank">Ivan Kuznetsov</a> is another co-founder and is Lead Developer at the startup, having worked at Nokia in various roles for over six years.</p>
<p>I asked Oksanen why he left Nokia. It seems that ten years in one company is a long time, and he felt the need to move on and try his hand at being an entrepreneur. Plus, Nokia had been reorganizing quite a bit since 2007, and he felt that he was wasting his time moving from one reorganization to another.</p>
<p>But during the financial downturn, it seems that Nokia&#8217;s voluntary resignation scheme proved a pivotal point in Oksanen&#8217;s &#8211; and many employees&#8217; &#8211; future aspirations. Oksanen said:</p>
<blockquote><p>&#8220;Anybody could resign and get a decent-sized &#8216;golden handshake&#8217;. This was an ideal situation for people wanting to start their own businesses and a very humane approach from a big company towards its employees.&#8221;</p></blockquote>
<p>So it seems that Nokia&#8217;s plight to cut costs could work out very well for the Finnish economy. But how will Nokia&#8217;s restructuring impact on Finland in the long run? Oksanen says:</p>
<blockquote><p>&#8220;This one is a double-edged sword: Nokia has been &#8216;too big for Finland&#8217; in many ways for a long time. The Finnish economy would be stronger and more resistant to risks with several mid-sized companies in different industries vs. one giant in one industry. So the question is, what can we do with the resources freeing up from Nokia?&#8221;</p></blockquote>
<p>Oksanen tells me that there&#8217;s an &#8220;unprecedented entrepreneurial drive&#8221; going on in Finland at the moment, and it seems the country could be on the verge of becoming a major startup hub, with entrepreneurs emerging from all backgrounds. And there seems to be a shift in the traditional &#8216;fear of failing&#8217; culture that has sometimes blighted startups in the past.</p>
<blockquote><p>&#8220;We have a first generation of successful serial entrepreneurs in the IT industry, we have lots of startups in different phases, from ex-Nokians and others alike and an amazing startup culture being bred by students from the <a title="Aalto University" href="http://www.aalto.fi/en/" target="_blank">Aalto university</a>. One cultural barrier which seems to be breaking in Finland right now is the fear of failure: at least the entrepreneurs I know have an (in this case healthy) &#8220;Auditioning to Idols&#8221; attitude towards failing &#8211; if you fail, you&#8217;ll try something else, and do not care too much about what anyone else might think.&#8221;</p></blockquote>
<p>So the fear factor is going, and this could be key to the Finnish startup scene&#8217;s continued growth. Failure is a necessary part of success and many entrepreneurs encounter at least a few failures before they hit upon a winning formula.</p>
<h3>Wantlet</h3>
<p><a title="Wantlet" href="http://wantlet.com/" target="_blank">Wantlet</a> has a tagline that says: &#8220;Know what your friends want and discover deals for products you want.&#8221; It&#8217;s a service for you to connect to other people by wanting things, and you can share lists of your wants with friends or family.</p>
<p><a href="http://cdn.thenextweb.com/files/2011/06/Wantlet-Products-you-Want_1309087573750.png"><img class="aligncenter size-full wp-image-7500" title="Wantlet Products you Want 1309087573750 photo" src="http://cdn.thenextweb.com/files/2011/06/Wantlet-Products-you-Want_1309087573750.png" alt="Wantlet Products you Want 1309087573750 Nokias ex employees are building Finlands future" width="641" height="308" /></a></p>
<p><a href="http://twitter.com/#%21/kluoma" target="_blank">Kristian Luoma</a> is VP, Product Management, at Wantlet, and he worked at Nokia for five years in various roles. CTO, <a href="http://twitter.com/#%21/BLPete/" target="_blank">Petri Liimatta</a>, also worked at Nokia for five years, part of which was as a sub-contractor.</p>
<p>Both Luoma and Liimatta left Nokia &#8217;round about the same time, and I asked them why:</p>
<blockquote><p>&#8220;A great opportunity called, first and foremost. We discovered a great idea that just needed to be done, so we jumped on board this startup  and just went for it. Also, we were both obviously excited to be working on something slightly smaller than we were used to at Nokia. In Nokia&#8217;s scale, whatever needed to be done had to be the biggest in the world and cater for billions. One of the luxuries startups have is being able to start narrow and widen the value proposition over time. Agility was important too &#8211; literally we can decide in the morning how to make the product better for our users &#8211; where as in a bigger machinery, changes take more time.&#8221;</p></blockquote>
<p>In terms of where Nokia is heading and the company&#8217;s downsizing, Luoma was very positive about the impact this could have on the Finnish economy:</p>
<blockquote><p>&#8220;For the region, as a lot of talent is released from Nokia, these changes will likely be the best thing that have happened in years. Now there&#8217;s a lot of buzz in the grass-roots and new ventures are starting.&#8221;</p></blockquote>
<p>Luoma also noted that because everything has been so Nokia-centric in Finland, this has had a tendency to stifle other innovations:</p>
<blockquote><p>&#8220;You could argue that is one of the reasons why Sweden, for example, has been so many years ahead of Finland in Internet-business development. For companies starting, it was simpler to start subcontracting business over product businesses. Now, we&#8217;ll have to think again &#8211; which is only healthy. Early signs indicate that a lot of Finnish startups will be creating life-changing companies.&#8221;</p></blockquote>
<p>There is an overwhelming sense of positivity surrounding the startup scene in Finland, and there is a real entrepreneurial spirit emanating across the country.</p>
<p>Besides HeiaHeia and Wantlet, there are countless other startups being driven forward by ex-Nokians, as we&#8217;ll see here.</p>
<h3>Uplause</h3>
<p><a title="Uplause" href="http://www.uplause.com/" target="_blank">Uplause</a> was founded in 2009 and it proclaims to be &#8220;The world leader in developing social games for big crowds.&#8221;</p>
<p>http://youtu.be/FuBB6f9sjhA</p>
<p><a href="http://twitter.com/#!/vellumarin" target="_blank">Veli-pekka Marin</a> and <a href="http://twitter.com/#!/heikkiaura" target="_blank">Heikki Aura</a> are two of the three company co-founders, and each held a number of positions at Nokia over a ten year period. Both were in senior roles before leaving in 2009 to launch Uplause. And Chief Operating Officer, Markus Heikkila, also worked at Nokia for around ten years too.</p>
<p>I asked Marin why he left Nokia, and he said:</p>
<blockquote><p>&#8220;I felt I needed new challenges and wanted to start something on my own. The last couple of years I had been creating a few business concepts with my friends so those were kind of ready to be taken forward when I left Nokia. Nokia was a great experience for me, almost like an &#8220;international business school&#8221;. I had about 7 different jobs, many of them global, so I really got to understand international business, mobile and high tech and where it is going. This gave me a lot of self confidence to start up my own business and aim for global markets. &#8220;</p></blockquote>
<p>Marin also believes that Nokia&#8217;s restructuring is likely to have a positive impact on Finland overall:</p>
<blockquote><p>&#8220;There is a huge amount of talented people who can now pursue their &#8220;crazy&#8221; ideas, something that was not possible at Nokia.&#8221;</p></blockquote>
<h3>And there&#8217;s more&#8230;</h3>
<p><a title="Fambit" href="http://fambit.com/" target="_blank">Fambit</a> is a social time-management tool &#8211; a shared calendar for everybody &#8211; that uses the tagline &#8216;organize your life&#8217;. Fambit was founded in Helsinki in the spring of 2009 by two senior experts in Internet and mobile communications. <a href="http://twitter.com/#%21/pkasanen" target="_blank">Pertti Kasanen</a> worked in several senior roles at Nokia over a four year period to 2009, and <a href="http://twitter.com/#%21/mara" target="_blank">Markku Ranta</a> worked there for around 15 years in various roles.</p>
<p><a title="Mobile Brain Bank" href="http://mobilebrainbank.org" target="_blank">Mobile Brain Bank</a> is a Finnish non-profit organization running a network which joins the skills of experienced individuals who have left a safe corporate career behind. It was founded in 2009 to help encourage people leaving Nokia to launch their own mobile startups. It has around 1,500 people in its network today, and it will be launching an online service later this year where application developer entrepreneurs and startups can offer their skills to SMEs and corporate customers.</p>
<p>Petra Söderling, Chair of the Board of Directors at Mobile Brain Bank, tells me that there are &#8220;tens if not hundreds&#8221; of ex-Nokians who have gone on to form their own companies. In particular, from the round of job cuts that took place at Nokia in 2008/2009.</p>
<p>And Hanna Manninen, founder of Finnish PR firm <a title="In2PR" href="http://www.intopr.fi/" target="_blank">in2PR</a>, directed me towards a plethora of startups with former Nokia employees at the helm, such as Marko Anderson/<a href="http://www.futureful.com/" target="_blank">Futureful</a>, Jos Schuurmans/<a href="http://www.cluetail.com/" target="_blank">Cluetail</a>, Kari Laurila/<a href="http://www.newelo.com/home" target="_blank">Newelo</a> &amp; <a title="Bjong" href="http://www.bjong.com/" target="_blank">Bjong</a>, Heikki Ailinpieti/<a href="http://www.saagatec.com/" target="_blank">Saagatec</a>, JP Salmenkaita/<a href="http://osumus.com/" target="_blank">Osumus Recommendations</a>, Harri Honko/<a href="http://www.greycrunch.com" target="_blank">GreyCrunch</a>, Yasin Hamed/<a href="http://www.sfonge.com/" target="_blank">Sfonge</a>, Oliver Bremer/<a href="http://www.founder2be.com/" target="_blank">Founder2be</a> andRisto Suoranta/<a href="http://www.notava.com/notava/" target="_blank">Notava</a>, to name but a few.</p>
<h3>Nokia and the future of Finland</h3>
<p>Nokia isn&#8217;t going the way of the dodo any day soon. Nokia <em>is </em>still a massive company and it&#8217;s likely that it could actually regain a lot of the ground it has lost to rivals, but it will need to change. Veli-Pekka Marin from Uplause said:</p>
<blockquote><p>&#8220;Dramatic changes are hard to execute when you have a strong market position. It often happens that companies only change through crisis. This is what Nokia faces now and I think there is an excellent opportunity to make the right change, as it is being forced to do so.&#8221;</p></blockquote>
<p>But if Nokia ever did sell a big part of its business, there would need to be a whole lot of &#8216;Rovio&#8217;-type companies on standby to fill the void. The drive to renew the economy needs to start now, and from the look of things, there seems to be plenty going on in Finland to ensure it continues to prosper far into the future.</p>
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		<title>Meet Flockler, where anyone can create the news. [Video interview] #TNW2011</title>
		<link>http://thenextweb.com/eu/2011/04/29/meet-flockler-where-anyone-can-create-the-news-video-interview-tnw2011/</link>
		<comments>http://thenextweb.com/eu/2011/04/29/meet-flockler-where-anyone-can-create-the-news-video-interview-tnw2011/#comments</comments>
		<pubDate>Fri, 29 Apr 2011 12:04:09 +0000</pubDate>
		<dc:creator>Courtney Boyd Myers</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[Aamulehti]]></category>
		<category><![CDATA[FIFA World Cup 2010]]></category>
		<category><![CDATA[finland]]></category>

		<guid isPermaLink="false">http://thenextweb.com/eu/?p=6730</guid>
		<description><![CDATA[<img width="428" height="127" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2010/04/Picture-132.png" alt="Picture 132" title="Picture 132" /><br />Yesterday at The Next Web Conference Startup Rally, the Finnish based startup Flockler, a social curation platform for publishers launched. Flockler’s tools let audience members create topics, which members can then join....]]></description>
			<content:encoded><![CDATA[<img width="428" height="127" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2010/04/Picture-132.png" alt="Picture 132 Meet Flockler, where anyone can create the news. [Video interview] #TNW2011" title="Picture 132 photo"  /><br /><p>Yesterday at <a href="http://thenextweb.com/conference/startups/">The Next Web Conference Startup Rally</a>, the Finnish based startup <a href="http://flockler.com/" target="_blank">Flockler</a>, a social curation platform for publishers launched. Flockler’s tools let audience members create topics, which members can then join. Members of a topic can post text, photos, videos and even include embedded code and tweets. Content can be posted with any device including iPhone, iPad and Android devices. Flockler’s user interface is built based on Less Framework and adapts to various screen sizes automatically.</p>
<p>Topics can be a specific theme, breaking news story or a nearby live event. Flockler’s first public beta case was during FIFA World Cup 2010 with <a title="Aamulehti" rel="homepage" href="http://www.aamulehti.fi/" target="_blank">Aamulehti</a>, the second largest daily newspaper in Finland. Aamulehti selected a team of experts to create and curate content during the World Cup. Members, including junior league coaches, referees, true fans and local football heroes posted over 2,500 posts in 30 days including dozens of YouTube videos, photos and thousands of comments. Flockler says their service was extremely popular and the best content was cited daily in Aamulehti’s print version. [See our full story of Flockler's launch <a href="http://thenextweb.com/eu/2011/04/28/can-social-media-create-the-news-flockler-launches-to-do-just-that/">here</a>.]</p>
<p>Watch our interview with Finnish Flockler Founder Toni Hopponen here:</p>
<p><iframe width="560" height="349" src="http://www.youtube.com/embed/s68hsTXTNoI" frameborder="0" allowfullscreen></iframe></p>
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		<title>Angry Birds creator Rovio plans to float on New York Stock Exchange</title>
		<link>http://thenextweb.com/eu/2011/03/18/angry-birds-creator-rovio-plans-to-float-on-new-york-stock-exchange/</link>
		<comments>http://thenextweb.com/eu/2011/03/18/angry-birds-creator-rovio-plans-to-float-on-new-york-stock-exchange/#comments</comments>
		<pubDate>Fri, 18 Mar 2011 10:32:27 +0000</pubDate>
		<dc:creator>Martin Bryant</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[Insider]]></category>
		<category><![CDATA[finland]]></category>

		<guid isPermaLink="false">http://thenextweb.com/eu/?p=5285</guid>
		<description><![CDATA[<img width="520" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2011/03/angrybirds-520x245.jpg" alt="angrybirds" title="angrybirds" /><br />Can you build an empire on a few agitated avians and some pugnacious pigs? Finland&#8217;s Rovio appears to be giving it a good try. The company behind Angry Birds is...]]></description>
			<content:encoded><![CDATA[<img width="520" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2011/03/angrybirds-520x245.jpg" alt="angrybirds 520x245 Angry Birds creator Rovio plans to float on New York Stock Exchange" title="angrybirds 520x245 photo"  /><br /><p>Can you build an empire on a few agitated avians and some pugnacious pigs? Finland&#8217;s <a href="http://www.rovio.com">Rovio</a> appears to be giving it a good try. The company behind Angry Birds is planning to float on the New York Stock Exchange, a reports from its native land claims today.</p>
<p>In a short <a href="http://www.talouselama.fi/yrityskaupat/article594887.ece">interview</a> with Finnish business magazine Talouselämä, Chairman of Rovio&#8217;s board, Kaj Hed says that the company&#8217;s recent $42m funding round was the first step on the path for the company to become as big as Google or Facebook. &#8220;Our goal is to become number one in the world,&#8221; Hed says. Further down the line, a US IPO is part of the plan.</p>
<p>Rovio&#8217;s ambition as a small Finnish developer looking to make the most of its runaway smash hit success story has to be admired. It isn&#8217;t showing any sign of slowing down the expansion of the Angry Birds franchise to every possible platform, with a <a href="http://thenextweb.com/eu/2011/02/15/angry-birds-to-go-online-and-social/">move into social gaming</a> via Facebook <a href="http://thenextweb.com/eu/2011/03/08/confirmed-angry-birds-to-launch-on-facebook-in-may/">planned for May</a> being a particularly interesting move.</p>
<p>The question is, can Rovio reach that lucrative floatation before the world gets bored of flinging birds at pigs?</p>
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		<title>Angry Birds to go Online and Social</title>
		<link>http://thenextweb.com/eu/2011/02/15/angry-birds-to-go-online-and-social/</link>
		<comments>http://thenextweb.com/eu/2011/02/15/angry-birds-to-go-online-and-social/#comments</comments>
		<pubDate>Tue, 15 Feb 2011 09:25:21 +0000</pubDate>
		<dc:creator>Martin Bryant</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[finland]]></category>

		<guid isPermaLink="false">http://thenextweb.com/eu/?p=4874</guid>
		<description><![CDATA[Rovio, probably the hottest company in mobile gaming right now, has no worries about Angry Birds running out of steam. Indeed it sees the franchise as having the long-term potential...]]></description>
			<content:encoded><![CDATA[<p><a href="http://cdn.thenextweb.com/files/2011/02/Screen-shot-2011-02-15-at-09.54.27.png"><img class="alignright size-medium wp-image-4875" title="Screen shot 2011 02 15 at 09.54.27 260x133 photo" src="http://cdn.thenextweb.com/files/2011/02/Screen-shot-2011-02-15-at-09.54.27-260x133.png" alt="Screen shot 2011 02 15 at 09.54.27 260x133 Angry Birds to go Online and Social" width="260" height="133" /></a><a href="http://www.rovio.com/">Rovio</a>, probably the hottest company in mobile gaming right now, has no worries about Angry Birds running out of steam. Indeed it sees the franchise as having the long-term potential to match Mario or Sonic the Hedgehog. A big part of developing the game&#8217;s audience? Entering the social gaming space.</p>
<p>At a presentation by Finnish technology companies in Barcelona this morning, Rovio&#8217;s head of communications (calling himself &#8220;The Bird Whisperer&#8221;) said that while Angry Birds already claims 75 million downloads, it&#8217;s aiming to boost that to 100 million this spring. While he declined to announce any details of Angry Birds&#8217; move into the social space, Rovio is aiming to add another 100 million players as a result.</p>
<p>Given Angry Birds&#8217; popularity, and that Zynga&#8217;s Cityville social game recently accumulated 100 million monthly active users little over a month after its launch, we&#8217;d say Rovio&#8217;s target was pretty conservative.</p>
<p>While Angry Birds is heading for games consoles in the near future, it seems none of this planned growth will come from Windows Phone 7 &#8211; at least yet. Rovio has thus far <a href="http://thenextweb.com/microsoft/2010/11/26/no-angry-birds-for-windows-phone-7-in-2010/">held back</a> from Microsoft&#8217;s platform and there appears to be no immediate plan to change that. Rovio apparently sees the situation as &#8220;delicate&#8221;, but if there&#8217;s demand they will look at it.</p>
<p>Rovio has made the trip to Mobile World Congress as part of its quest to become &#8220;The most carrier-friendly developer&#8221;, with the aim of signing more operators up to its recently announced Bad Piggybank operator billing system. As <a href="http://thenextweb.com/mobile/2011/02/06/angry-birds-for-android-gets-in-app-sms-payments-in-finland/">previously reported</a>, players using Finland&#8217;s Elisa mobile phone network will be first to have the option to pay for the &#8216;Mighty Eagle&#8217; cheat via their phone bill.</p>
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		<title>Nokia CEO Reportedly Planning A Boardroom Clear Out</title>
		<link>http://thenextweb.com/eu/2011/02/05/nokia-ceo-reportedly-planning-a-boardroom-clear-out/</link>
		<comments>http://thenextweb.com/eu/2011/02/05/nokia-ceo-reportedly-planning-a-boardroom-clear-out/#comments</comments>
		<pubDate>Sat, 05 Feb 2011 17:19:12 +0000</pubDate>
		<dc:creator>Matt Brian</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[clear out]]></category>
		<category><![CDATA[elop]]></category>
		<category><![CDATA[executive]]></category>
		<category><![CDATA[finland]]></category>

		<guid isPermaLink="false">http://thenextweb.com/eu/?p=4688</guid>
		<description><![CDATA[A number of high-profile executives have been making their way out of Nokia&#8217;s headquarters on their own accord as of late but if reports from Germany business weekly Wirtschaftswoche are...]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-4691" title="Nokia CEO Stephen Elop 260x165 photo" src="http://cdn.thenextweb.com/files/2011/02/Nokia-CEO-Stephen-Elop-260x165.jpg" alt="Nokia CEO Stephen Elop 260x165 Nokia CEO Reportedly Planning A Boardroom Clear Out" width="260" height="165" />A number of <a href="http://thenextweb.com/mobile/2010/09/13/nokias-anssi-vanjoki-resigns-on-eve-of-nokia-world/">high-profile executives</a> have been making their way out of Nokia&#8217;s headquarters on their own accord as of late but if reports from Germany business weekly <a href="http://wiwo.de/unternehmen-maerkte/nokia-baut-konzernspitze-radikal-um-456187/">Wirtschaftswoche</a> are correct, many more could be exiting the company as Nokia CEO Stephen Elop begins a radical restructuring of his management team.</p>
<p>Reports suggest that Mary T. McDowell, head of Nokia&#8217;s mobile phones unit could soon be leaving, as could Niklas Savander, manager of Nokia&#8217;s markets unit. Tero Ojanpera, services and mobile solutions manager and Chief Development Officer Kai Oistamo are also expected to go, with it suggested that Elop has ordered headhunters to source suitable replacements for these and other executive board members.</p>
<p><a href="http://thenokiablog.com/2011/02/05/nokia-replace-executive-board-members/">The Nokia Blog</a> quite rightly points out we could learn more about Nokia&#8217;s strategic shift on February 11 at Capital Markets day in London. Whether cuts are announced or not, we do think we could see some of the first major decisions made by Stephen Elop coming to light since his appointment as Nokia&#8217;s CEO.</p>
<p>We aren&#8217;t sold on the <a href="http://thenextweb.com/mobile/2010/12/20/nokia-in-talks-with-microsoft-to-develop-windows-phone-handsets/">Nokia/Microsoft partnership</a> but stranger things have happened. We will of course keep you updated on everything related to the world&#8217;s biggest mobile phone manufacturer.</p>
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		<title>First Finland, Now Spain Makes Broadband Access a Legal Right.</title>
		<link>http://thenextweb.com/eu/2009/11/19/finland-spain-broadband-legal/</link>
		<comments>http://thenextweb.com/eu/2009/11/19/finland-spain-broadband-legal/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 03:32:00 +0000</pubDate>
		<dc:creator>Zee</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[finland]]></category>
		<category><![CDATA[Natural and legal rights]]></category>
		<category><![CDATA[Spain]]></category>

		<guid isPermaLink="false">http://thenextweb.com/europe/?p=599</guid>
		<description><![CDATA[<br />Last month we brought you newsof Finland&#8217;s intention to make broadband a legal right for its five million population. Now Spain is following suit and from 2011, Telecom companies that...]]></description>
			<content:encoded><![CDATA[<br /><p><img class="alignright size-full wp-image-600" title="spain flag photo" src="http://thenextweb.com/europe/files/2009/11/spain-flag.jpg" alt="spain flag First Finland, Now Spain Makes Broadband Access a Legal Right." width="248" height="198" />Last month we brought you <a href="http://thenextweb.com/europe/2009/10/14/finland-country-world-broadband-legal/">news</a>of Finland&#8217;s intention to make broadband a legal right for its five million population.</p>
<p>Now Spain is following suit and from 2011, Telecom companies that are part of Spain&#8217;s &#8220;universal service&#8221; system will have to make broadband available at a &#8220;reasonable&#8221; price to everyone, including people living in rural parts of the country where it would normally be expensive to do so, Industry Minister Miguel Sebastian said in a statement on Tuesday.</p>
<p>Until now, the &#8220;universal service&#8221; has only guaranteed internet via telephone line, fixed telephone, directory service and telephone booths.</p>
<p>Consumer group <a href="https://www.facua.org/es/internacional.php">FACUA</a> said it welcomed that broadband internet would finally be a right but said the speed was insufficient and the measure should be introduced before 2011.</p>
<p>Never happy these consumer groups.</p>
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		<title>Finland becomes the first country in the world to make broadband a legal right.</title>
		<link>http://thenextweb.com/eu/2009/10/14/finland-country-world-broadband-legal/</link>
		<comments>http://thenextweb.com/eu/2009/10/14/finland-country-world-broadband-legal/#comments</comments>
		<pubDate>Wed, 14 Oct 2009 13:57:03 +0000</pubDate>
		<dc:creator>Zee</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[finland]]></category>

		<guid isPermaLink="false">http://thenextweb.com/europe/?p=171</guid>
		<description><![CDATA[<br />Finland, a country I was fortunate to visit just last month (my thoughts), has just become the first country in the world to make broadband a legal right. According to...]]></description>
			<content:encoded><![CDATA[<br /><p><img class="alignright size-medium wp-image-172" title="finland1 300x183 photo" src="http://thenextweb.com/europe/files/2009/10/finland1-300x183.gif" alt="finland1 300x183 Finland becomes the first country in the world to make broadband a legal right." width="260" height="158" />Finland, a country I was fortunate to visit just last month (my <a href="http://thenextweb.com/europe/2009/10/05/finland-startup-community-cold/">thoughts</a>), has just become the first country in the world to make broadband a legal right.</p>
<p>According to <a href="http://yle.fi/uutiset/news/2009/10/1mb_broadband_access_becomes_legal_right_1080940.html?origin=rss">YLE.fi</a>, starting next July, every person in Finland will have the right to a one-megabit broadband connection, says the Ministry of Transport and Communications.</p>
<p>Finland is reportedly the world’s first country to create laws guaranteeing broadband access. The government had already decided to make a 100 Mb broadband connection a legal right by the end of 2015.</p>
<p>Other European countries including Belgium and the UK are considering making broadband access available for all. The fast growth of technology has led the European Commission to bring forward a review of the basic telecoms services Europeans can expect.</p>
<p>Current statistics suggest about 36% of households in EU member nations have high-speed net access. When a majority of EU citizens are using a telecoms service, EC law dictates that it becomes one every European should be able to enjoy.</p>
<p>Wonderful to see Europe be at the forefront of such regulation, lets hope other countries soon follow suit.</p>
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		<title>Finland Startup Ecosystem: Anything But Cold</title>
		<link>http://thenextweb.com/eu/2009/10/05/finland-startup-community-cold/</link>
		<comments>http://thenextweb.com/eu/2009/10/05/finland-startup-community-cold/#comments</comments>
		<pubDate>Mon, 05 Oct 2009 12:17:22 +0000</pubDate>
		<dc:creator>Zee</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[community]]></category>
		<category><![CDATA[finland]]></category>
		<category><![CDATA[start up]]></category>

		<guid isPermaLink="false">http://thenextweb.com/europe/?p=15</guid>
		<description><![CDATA[<img width="306" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2009/09/t-mobile-blocks-truphone-28.gif" alt="t-mobile-blocks-truphone-28" title="t-mobile-blocks-truphone-28" /><br />Last week, I had the pleasure of being invited out to Finland by Finnfacts on a whirlwind tour of new and established Finnish start ups. I was also delighted to...]]></description>
			<content:encoded><![CDATA[<img width="306" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2009/09/t-mobile-blocks-truphone-28.gif" alt="t mobile blocks truphone 28 Finland Startup Ecosystem: Anything But Cold" title="t mobile blocks truphone 28 photo"  /><br /><p><img class="alignright size-medium wp-image-21" title="finland flag 300x240 photo" src="http://thenextweb.com/europe/files/2009/10/finland_flag-300x240.jpg" alt="finland flag 300x240 Finland Startup Ecosystem: Anything But Cold" width="300" height="240" />Last week, I had the pleasure of being invited out to Finland by <a href="http://finnfacts.fi/">Finnfacts</a> on a whirlwind tour of new and established Finnish start ups. I was also delighted to attend the renown Nordic Technology Conference <a href="http://mindtrek.com">MindTrek</a>, joined by other prominent figures from the international web and technology scene.</p>
<p>Over the next few days I&#8217;ll be sharing thoughts and details of some of the companies we visited, these include <a href="http://floobs.com/">Floobs</a>, <a href="http://runtoshop.com/">RuntoShop</a> and <a href="http://muxlim.com/">Muxlim</a>. Though, for the moment, I&#8217;d like to share my perspective on the Finnish startup scene and community as a whole.</p>
<p>First and foremost, visiting the country, there is no question the weight of the country&#8217;s most famous technology company &#8211; Nokia &#8211; is an overbearing one. While it provides jobs and a great deal of pride, it also appears to be a heavy load on the start up community who need more small and nimble company&#8217;s to look up to.</p>
<p>That said, in recent years with the acquisition of companies like the Google acquired microbloging service <a href="http://jaiku.com">Jaiku</a> (still held in high acclaim),  <a href="http://mysql.com">MySQL</a> and more recently the (Nokia) purchase of Finnish/UK travel community <a href="http://dopplr.com">Dopplr</a>, there is a richer source of start up inspiration than ever before.</p>
<p>Nordic blogs like <a href="http://arcticstartup.com">Arctic StartUp</a> share news and reports about the regions finest, and provide a much needed source of promotion and support through events and the blog itself.</p>
<p>Ville Vesterinen, Arctic StartUp&#8217;s editor, sat with us to share some of his insights and experiences. Amongst many other facts, a notable one is the sad fact that the majority of the country&#8217;s entrepreneurial successes rarely return to the country, but rather choose to move abroad and invest their financial rewards in stocks and mortar.</p>
<p>While the migration of successful entrepreneurs has hampered the country&#8217;s growth, there are signs that is beginning to change and entrepreneurs like <a href="http://www.zengestrom.com/">Jyri Engeström</a> (Jaiku founder) are reportedly returning home to help nurture the community and support aspiring internetpreneurs. While others like <a href="http://tane.li/">Taneli Tikka</a> are already there and continue to play a pivotal role within the start-up ecosystem.</p>
<p>In regard to financial support and investment, the most notable fixture is the support the government gives its fledgling start ups. Through programs like <a href="http://www.tekes.fi/en/community/Home/351/Home/473/">Tekes</a> and <a href="http://www.finnvera.fi/eng">Finnvera</a>, the Finnish state provides sizable investments equal to the amount you can find through VC&#8217;s and angels. This means, if you are able to find €1 Million in investment through a VC, the government will match it with a loan at favorable rates. This can be repeated through further rounds of investment.</p>
<p><span style="background-color: #ffffff;">One significant characteristic of   the start-ups we were able to visit is their international outlook.   Clearly, success in Finland isn&#8217;t enough. Companies have an almost ingrained international perspective, a huge positive.</span></p>
<p><span>From my experience, there  are a number of essential ingredients  to a  (potentially) successful start up ecosystem, engineers, more engineers and a special few entrepreneurs. Fortunately Finland is stacked full of them, and they&#8217;re   creative too. This, combined with a supportive community, and natural   drive towards global success and innovation means Finland does indeed have what  it takes to play a more significant role in the international start up   <span>scene</span> that it currently  gets recognition for.</span></p>
<p><span>That  said, the country is still in dire need of more support from its  start  up ambassadors, the fortunate few who have created a great deal  of  personal wealth and experience from their own start up successes. From  my albeit short time in Finland, it is these role models that can make  the  difference between mediocrity and supreme international start up   recognition.</span></p>
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