Why Finland ? A country which ranks first in the Transparency International list of corruption-free countries and also first on the IMD list of competitiveness (no coincidence to be number one on both) is an obvious place for investment. The same time-zone potential relationship with Israel in terms of complementary technologies and compatible business cultures also suggests on of the more interesting possible economic developments of the early 21st century.
The issues confronting Finland now are not just venture capital, but are about consolidating its diverse culture of start-ups into viable global companies and brand. The technological resource richness of Finland is extraordinary and fits into categories like smart logistics, remote metering for energy control, sensing technologies for pollution control and biomedical devices.
Finnish strengths go beyond Nokia and the brand management of Nokia and go to areas like www.helsinkivirtualvillage.fi where consumption patterns for broadband and wireless technologies can lead to new strategies for product development that meet the practical needs of consumers.
There are excellent venture capital firms, like www.eqvitec.com, www.nexitventures.com and www.sfk.fi (now part of the 3i www.3i.com) group. A number of companies have developed capacities which fit into an expanding global product-mix for new technologies in wireless. Some (her cited to introduce people unfamiliar with Finland to the kind of cutting-edge business models being developed and financed are a few worth following:
www.hantro.com (wireless video)
www.ekahau.com (logistics and positioning)
www.avstechnologies.com (video streaming)
www.digia.com (enabling technologies)
www.springtoys.com (wireless entertainment)
www.mediaclick.fi (wireless entertainment)