Finland-Israel Partnership to Promote Digital Health Innovation

Finland Israel partnership

The Israel Innovation Authority announced that it has launched together with the Israel-Europe R&D Directorate (ISERD) a collaboration program between Israel and Finland in the field of digital health.

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“Israel and Finland are both leading innovation economies with technology and entrepreneurship at their core. Finland ranks among the strongest markets in healthcare technology in the world, with digital health its largest high-tech export – increasing more than five-fold over the last two decades. Finland is one of the first countries in the world to set up a national digital patient data repository covering both the public and private healthcare sectors. A hundred percent population penetration in electronic health records make Finnish health data unique in terms of breadth and depth,” Israel Innovation Authority said in a press statement.

This pilot project will provide funding and matching services for Greater Helsinki-based and Israeli companies seeking to partner in order to co-develop, test, improve, or pilot impactful technologies, products, services and/or devices with strong market potential in the fields of digital health, smart mobility, and information and communication technologies (ICT), reports MobiHealthNews.

“We are thrilled to provide this bridge between the pioneering innovation ecosystems of Israel and Finland, in a field that impacts us all: digital health,” said Aharon Aharon, CEO of the Israel Innovation Authority. “Collaboration with Israeli companies will help Finnish start-ups access groundbreaking technologies that support the country’s progressive health policies, protect Finnish citizens’ well-being, and maintain Finland’s status as a global leader in healthcare technology. This is also an extraordinary opportunity for Israeli companies to connect with Finnish leaders in the digital health ecosystem, gain exposure to new cutting-edge technologies, receive support for meaningful innovations, and tap into the Finnish market.”

digital health

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Helsinki Business Hub CEO Marja-Liisa Niinikoski said:

“Greater Helsinki is a driving force in Finland’s innovation sector, home to 750 health and life sciences companies, where over 80 percent of tech deals occur in our country. Given Israel’s technological prowess, highly skilled workforce, and record on innovation in digital health, we see endless opportunities for fruitful collaboration.”

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