Funding

THL’s key funding sources include funding from the state budget, co-funded activities and services subject to a fee.

Budget funding 2023

In 2023, budget funding for THL's basic operations was EUR 81.2 million.

Co-funded activities 2023

In 2023 revenue from co-funded activities was EUR 39.2 million.

Co-funded activities involve funding obtained from sources external to THL, free of any obligation to compensate the funding body directly. Co-funded activities are research and development projects.

10 largest external financiers in 2023 (€ M)

• Finnish Ministry of Social Affairs and Health (15.4)
• Academy of Finland (3.6)
• European Union (3.3)
• Finnish Ministry of Education and Culture (1.2)
• Sanofi Pasteur Inc. (0.8)
• Municipalities, cities and others (0.8)
• University of Helsinki (0.8)
• Alko Oyj (0.4)
• Kela (0.3)
• University of South Florida (0.3)

Services subject to a fee in 2023

Income for services subject to a fee in 2023 was EUR 11.0 million.

Services subject to a fee refer to the sale of products and services on a competitive market or as statutory services performed at cost price. Such activities mainly consist of laboratory research and analyses, and international projects.