Turku Science Park

What Turku Science Park does

Turku Science Park operates in the market as Business Turku (legal entity: Business Turku Oy, Y-tunnus 2322323-1), a publicly funded regional business development organization headquartered in Turku, Finland. The organization provides free expert services to companies in the Turku region across six core service lines: business development, internationalization, funding advisory, location/relocation support, partnership and network facilitation, and R&D activity support. Services are delivered through a community-led, relationship-driven go-to-market model centered on scheduled consultations, walk-in availability, and curated events. There is no proprietary technology platform; the "product" is the service portfolio itself, backed by 20+ thematic networks and direct institutional relationships.

Business Turku operates four specialized growth hubs — Smart Chemistry Park, Turku Startup Hub, Women's Health Hub Finland, and Turku Growth Hub — that focus on five strategic priority sectors: clean transition, blue economy and maritime industry, security and dual-use, food and nutrition, and health and life sciences. The customer base consists of growth-stage companies, startups, internationalizing SMEs, and companies considering relocating to or investing in the Turku region. Pricing is uniformly free of charge to end-users; the organization is funded by municipal and regional public sources rather than by direct client revenue.

The business model is therefore not a commercial revenue model but a publicly subsidized economic development mandate. The organization maintains core institutional partnerships with Turku Chamber of Commerce, Varsinais-Suomen Yrittäjät (Regional Entrepreneurs Association), the University of Turku, regional municipalities, and the European Enterprise Network (EEN Lithuania) for international linkages. Headcount is in the 11-50 range; no revenue, funding rounds, M&A, leadership changes, patents, or AI capabilities are disclosed in the available data.

Name

Turku Science Park

Legal name

Business Turku Oy

Website

https://turkusciencepark.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Turku

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Publicly Funded Services: Business Turku is a regional development organization that provides free expert services to companies in the Turku area. Services are funded through public sources (municipal/regional government funding) rather than direct revenue generation from clients. The organization acts as a catalyst for regional economic development.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Turku Science Park (operating as Business Turku) is a publicly funded regional growth acceleration organization that provides free expert advisory services to companies in the Turku region. Its offering spans business development consulting, internationalization support, funding advisory, location and relocation services, partnership and network facilitation, and R&D activity coordination. Services are delivered through four specialized growth hubs (Smart Chemistry Park, Turku Startup Hub, Women's Health Hub Finland, and Turku Growth Hub) and over 20 thematic industry networks.

Product overview

Business Turku is a sustainable growth accelerator organization (Business Turku Oy) that operates as a unified service platform rather than a traditional software product. The organization offers a portfolio of complementary service offerings including business development, internationalization support, funding advisory, location services, partnership facilitation, and R&D activity support. These services are delivered through four specialized growth hubs: Smart Chemistry Park, Turku Startup Hub, Women's Health Hub Finland, and Turku Growth Hub. The organization also focuses on five strategic priority sectors: clean transition, blue economy and maritime industry, security and dual-use, food and nutrition, and health and life sciences. All expert services are provided free of charge to businesses in the Turku region.

Differentiator

Problem solved

Functional benefit

Brands

• Smart Chemistry Park: Growth hub focused on chemistry and sustainable solutions
• Turku Startup Hub
• Women's Health Hub Finland
• Turku Growth Hub

Products and services

• Liiketoiminnan kehittäminen (Business Development Services) Consulting services that help companies in the Turku region develop sustainable business practices and growth strategies, including support for domestic expansion, new product or industry entry, and unlocking scale-up potential.
• Kansainvälistyminen (Internationalization Services) Advisory and networking services helping Turku region companies pursue international market entry, find global business partners, and access cross-border opportunities through the European Enterprise Network.
• Rahoitusneuvonta (Funding Advisory) Expert funding advisory helping Turku region companies identify financing options, access public and private funding instruments, and plan financial growth.
• Turun seudulle sijoittuminen (Location/Relocation Services) Assistance for companies considering establishing or relocating operations to the Turku region, including site selection, introduction to municipalities, and information about the local business environment.
• Yhteistyökumppanit ja verkostot (Partnerships and Networks) Facilitation of business partnerships and networking opportunities, connecting Turku region companies with university and research collaborators and with other firms through thematic networks.
• TKI-toiminta (R&D Activities) Research and development activity support that connects Turku region companies with academic and research institutions for collaborative R&D and innovation projects.
• Smart Chemistry Park Growth hub operated by Business Turku providing facilities, networks, and development services for chemistry and clean technology companies in the Turku region.
• Turku Startup Hub Startup ecosystem hub providing resources, networking, and support for early-stage companies in the Turku region.
• Women's Health Hub Finland Specialized hub focused on women's health innovation, connecting health technology companies and researchers in the Turku ecosystem.
• Turku Growth Hub Growth-oriented hub providing scaling and expansion services for established companies operating in or relocating to the Turku region.

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Turku Chamber of Commerce (Turun kauppakamari)coreStrategic or Co-development PartnerCo-organizer of events such as 'Kasvua maailmalta: Kohti kansainvälisiä markkinoita' (Growth from the world: Towards international markets). Joint marketing partnership for internationalization initiatives targeting Turku region companies.
• Varsinais-Suomen Yrittäjät (Regional Entrepreneurs Association)coreStrategic or Co-development PartnerJoint organizer of growth-focused events and programs for entrepreneurs in the Turku region. Partnership supports the shared mission of promoting entrepreneurship and business growth in Southwest Finland.
• Turun yliopisto (University of Turku)coreStrategic or Co-development PartnerAcademic partnership for R&D activities, innovation networks, and knowledge transfer. The university hosts Business Turku network meetings (Bio and Circular Economy Network meeting at the university). Partnership facilitates company-university collaboration and research commercialization.
• municipalities in Turku regioncoreStrategic or Co-development PartnerMunicipalities work with Business Turku to support business establishment and growth in the region. Municipalities also provide foundational services (perustamisneuvonta/establishment advice) for new entrepreneurs. The organization 'builds Turku region as a home for new investments' on behalf of public sector stakeholders.
• Smart Chemistry Park ecosystemcoreStrategic or Co-development PartnerBusiness Turku operates the Smart Chemistry Park as one of its growth hubs, supporting chemistry and clean technology companies with specialized facilities, networks, and development services.
• European Enterprise Network (EEN) LithuaniaminorStrategic or Co-development PartnerInternational partnership through the European Enterprise Network connecting Turku region companies with European business cooperation opportunities. EEN facilitates cross-border business partnerships and technology transfer.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Vinnova: Sweden's national innovation agency funding research and growth initiatives. Broad incumbent peer providing innovation funding and R&D support that overlaps with Business Turku's TKI-toiminta (R&D activities) services at national scale.
• Business Finland: Finland's national innovation funding and internationalization agency. Directly overlaps with Business Turku's funding advisory and internationalization services but operates nationally with substantially larger budgets and program offerings.

Direct peers

• Maria 01: Helsinki-based startup hub and growth community. Comparable to Turku Startup Hub in offering startup ecosystems, networking, and growth support, but with a larger scale and tech-sector focus that may attract Turku startups relocating for community depth.
• Business Oulu: Oulu region's business development organization providing startup support, growth advisory, and internationalization services. Operates with the same publicly-funded regional development mandate and service mix as Business Turku.
• Business Tampere: Tampere region's economic development agency offering business development, internationalization, and growth hub services to companies in the Tampere region. Mirrors Business Turku's regional mandate with comparable service portfolio and publicly-funded model.
• Helsinki Partners: Helsinki's regional business development and investment attraction organization. Provides near-identical services (business advisory, internationalization, location services) but for the Helsinki metropolitan area — the most direct functional peer to Business Turku.

Regional players

• Copenhagen Capacity: Greater Copenhagen's investment promotion and business development agency. Comparable Nordic regional development peer with similar investment attraction, internationalization, and cluster-development mandate across the Øresund region.
• Oslo Business Region: Oslo region's economic development organization offering investment promotion, business advisory, and ecosystem services. Functional peer operating in the Norwegian capital region with publicly-funded model.

Others

• Turun kauppakamari (Turku Chamber of Commerce): Finnish chamber of commerce that is both a strategic partner of Business Turku and a partial functional peer, providing networking, internationalization events, and business advocacy services to Turku-region companies.
• European Enterprise Network (EEN): Pan-European business support network connecting companies with internationalization and innovation partners. Business Turku is itself a node of EEN, but EEN operates as the broader network ecosystem that enables cross-border services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TkuSciencePark
• Facebookfacebook.com/TurkuSciencePark
• LinkedInlinkedin.com/company/turku-science-park-ltd
• Instagraminstagram.com/businesstku

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Turku Science Park