Great investment in the quality of education and research from the Technology Industry of Finland
With the donation, the Technology Industry of Finland will participate in the universities´ state matched funded fundraising campaigns.
“Now, if ever, is the time to invest in the quality of education and research. The shortage of skills has long hampered the sustainable growth of companies, and the need for a green transition and the associated new know-how is even more critical due to the changed global political situation. We need to strengthen our capabilities as a nation, and technological know-how and pioneering are the cornerstones of Finland”, says Minna Helle, Executive Vice President of the Technology Industry.
The University of Oulu's share of the donation is EUR 500,000. The donation criteria is based on data and a number of indicators related to research, education and impact of the universities.
Rector of the University of Oulu Jouko Niinimäki highly appreciates the contribution of the Technology Industry: “We share common goals. The need for experts in the field of technology is strongly present in the Oulu region. We need to identify critical areas of expertise and respond to the need through close national collaboration and by exploiting the multidisciplinary potential of our university".
The state matched funding significantly increases the value of the donations made to universities by foundations, companies and individuals. The donor can allocate a donation of at least 10,000 euros to the development of the desired field of education. The state matched funding period will continue until the end of June 2022
The donation from the Technology Industry Association is received by Aalto University, Lappeenranta – Lahti University of Technology LUT, the universities of Oulu, Turku, Tampere, Vaasa and Jyväskylä, Åbo Akademi University and the University of Eastern Finland. Aalto University will receive a donation of 1.2 million euros, LUT University 900,000 euros, Tampere 800,000, Oulu 500,000, Turku 200,000, and Åbo Akademi and the universities of Vaasa, Jyväskylä and Eastern Finland will each receive 100,000 euros.
The Technology Industry participated in the universities´ fundraising already at the beginning of 2021 with a donation of one million euros, which was distributed equally among all the universities in the field of technology and ICT.