Hanken receives 1.5 MEUR funding from the Academy of Finland

The Academy of Finland has announced a funding allocation amounting to a total of 50 million euros to strengthen university research profiles (PROFI). The aim of the funding instrument is to support Finnish universities in further improving their research portfolios and reinforcing the framework conditions for high-quality research.

- Hanken will direct this funding to further strengthen the research profile we have defined in our strategy. We aim to introduce more cross-disciplinary elements to our research in order to achieve competitive advantage also internationally, says Timo Korkeamäki, Dean of Research at Hanken School of Economics.

The funding will be directed to quantitative research in order to increase resources as regards both faculty and infrastructure.

All applications have been reviewed by a panel of international experts. Twelve of the fourteen universities that applied for PROFI funding were awarded funding. The funding, granted for four years, varies between 600 000 euros and 15 million euros. This was the third PROFI round. The fourth PROFI call will open in autumn 2017.

Please see the home page of the Academy of Finland for more information:

More information:
Timo Korkeamäki
timo.korkeamaki@hanken.fi