The Foundation for Economic Education grants for research in business and economics are open for application from June 1 to August 15, 2019

Founded in 1919, the Foundation for Economic Education has been active in the vanguard of research in business and economics and related know-how for a hundred years. To celebrate its centenary year, the Foundation for Economic Education awards a total of 5 million euros in 2019 as grants for studies and education in business and economics. The renewed focus areas of the grant application round support especially future-oriented research on the disruption of the current operational environment. For the first time, research groups now have the possibility to apply for a three-year grant.

The 2019 grant focus areas

The following guidelines established by the Delegation of the Liikesivistysrahaston Kannatusyhdistys registered association for the 2019 grant focus areas will be applied in the grant round:

  • Data economy
  • Business renewal
  • Entrepreneurship, scaling and growth
  • Future-sustainable environment
  • Leadership competence

The Foundation for Economic Education focus areas are interrelated and reflect the disruption of the current operational environment. A cross-cutting theme is future orientation in research and education with emphasis on responsibility and fostering entrepreneurship ecosystems.

Read more on the 2019 grant focus areas.


The grants are awarded for the year 2020 with the exception of conference and other research trips which may take place from October 1, 2019 to December 31, 2020. Additionally, as a new opening for the round, research groups may apply for a grant for the three-year period of 2020–2022. Research groups may still apply for grants for projects of 4–12 months taking place in 2020.

Read more on the application criteria for a three-year project.


Grants may be applied for by private persons, research groups and entities. The grant recipient’s earlier education may be from a different field, and new multidisciplinary perspectives are welcomed. The grants of the Foundation for Economic Education are mainly intended for doctoral and post doctoral research work. A grant may also be applied for conference trips, for organizing a conference or for other named uses.

Grants are awarded mostly to Finnish citizens and Finnish research groups and entities. If the applicant is a partnership of two or more organizations, the collaborative project must include personal working with the applied grant. According to the rules of the special funds, applications made by special target groups are also received during the round. People with a vocational master’s degree may also apply for a grant for doctoral studies. Other than Finnish citizens must prove an affiliation with a Finnish university, a research project with the Finnish academic community or an exceptionally well qualified view of how the research may benefit the Finnish business world.

The donor’s wishes in accordance with the rules of the special funds are observed in the general evaluation of the applications submitted during the round and in consideration of the eventual choices made by the applicant in the special fund applications of the round.

Grants are not awarded to finance Bachelor of Business Administration (BBA) or Master’s degrees, e.g. Master of Science in Economics and Business Administration, nor MBA degrees. Exchange programme studies included in Master’s degrees are not eligible for grants, nor are single course trips, excursions or practical training trips. This limitation does not necessarily apply to projects by groups or entities. Exceptional funding for the latter as projects by groups or entities may be considered based on the quality of the plans made for the project.