Tekes, the Finnish Funding Agency for Innovation runs a YIC – program for comprehensive business development of young, innovative growth companies. The aim of the funding program is to materially speed up the growth and internationalization of the most promising young companies.
Access to YIC-program requires significant investments into R&D over multiple years and a significant international potential. Aava has systematically invested into its R&D processes from the company start-up and has met the demanding YIC – program criteria. Aava completed the YIC – program early stage in co-operation with Accelerando Oy.
With the funding, Aava can increase the speed of the growth in international markets, which has been the goal of the company CEO Jari Heiskane since the company formation.
“During 2014 Aava’s target is to establish partnerships in Northern Europe and after that to increase activities into Central Europe. In addition, Aava will during the course of the year, set up a new sales strategy and increase its visibility in the Finnish software market”.