{"id":1474,"date":"2025-01-09T09:13:06","date_gmt":"2025-01-09T09:13:06","guid":{"rendered":"https:\/\/blogs.hanken.fi\/research-funding-blog\/?p=1474"},"modified":"2025-01-09T09:13:07","modified_gmt":"2025-01-09T09:13:07","slug":"overview-of-research-funding-instruments","status":"publish","type":"post","link":"https:\/\/blogs.hanken.fi\/research-funding-blog\/2025\/01\/09\/overview-of-research-funding-instruments\/","title":{"rendered":"Overview of Research Funding Instruments"},"content":{"rendered":"\n

Have you struggled with not knowing which research funding instrument would be right for you and your research idea? This blog post provides a broad overview of various research funding instruments and suggestions on which career stages they are suitable for.<\/strong><\/p>\n\n\n\n

Doctoral\nResearchers:<\/strong><\/p>\n\n\n\n

If you do\nnot receive a salary from the university or only receive a partial salary, it\nis worth applying for funding from foundations. In Finland, foundations widely\nsupport doctoral research, but some specialize in supporting specific fields.\nApplications usually recur annually (less frequently for some foundations) at\nthe same time. It is worth following, for example, the updated blog of Hanken’s\nresearch funding services or searching for open calls on the research.fi\nwebsite.<\/p>\n\n\n\n

Postdoc\n\/ Early Career Researcher:<\/strong><\/p>\n\n\n\n

Currently,\na newly graduated researcher can apply for funding from various foundations. It\nis also worth suggesting to senior researchers that they apply for research\nfunding (e.g., from the Research Council of Finland or the EU Framework\nProgram) for projects that can hire postdoc researchers. Currently, the Research\nCouncil of Finland has funding for Academy Research Fellows open once a year\n(the so-called Winter Call), which can be applied for by researchers who\ngraduated 2-7 years ago. This funding can be used to finance oneself and hire a\nsmall research team. Academy projects can only be applied for if one’s salary\nis guaranteed from elsewhere than the project and one has advanced at least to\nthe level of docent.<\/p>\n\n\n\n

For EU\nfunding, it is particularly worth looking at the ERC Starting Grant, whose\neligibility criteria regarding the timing of the dissertation are the same as\nfor Academy Research Fellows. EU funding experience can be gained by joining\nconsortia that often seek specific expertise, for example, in social and\neconomic sciences. Consortia can be found by networking well at conferences,\nattending special matchmaking events, or posting a description of one’s\nexpertise and interest in a specific call on the EU portal.<\/p>\n\n\n\n

Established\nResearcher:<\/strong><\/p>\n\n\n\n

At this\ncareer stage, research funding is not necessarily sought to cover salary,\nespecially if the researcher has already secured a permanent position. The\npurpose, for example, in the tenure track phase, is to demonstrate the ability\nto lead research groups and large projects. In Finland, funding can be applied\nfor not only from foundations but also from the Research Council of Finland,\nwhich offers funding for Academy Projects. Additionally, the Research Council\nof Finland may have annual thematic calls. The Strategic Research Council’s\nfunding, whose themes are announced annually, also flows through the Research\nCouncil of Finland. These funds can only be applied for in consortia with other\nuniversities, but they are multi-year large projects with significant societal\nimpact. It is worth looking at the opportunities offered by foreign foundations\nor the EU Framework Program Pillar II calls. As mentioned in the previous\nsection, one can join large applications by networking and advertising one’s\nexpertise. At this career stage, the ERC Consolidator Grant is also often\nrelevant, providing an excellent opportunity to build a research group around a\ngroundbreaking research theme. If the idea is such that it cannot be solved\nalone but requires other partners from different universities, the ERC Synergy\nGrant might also be relevant.<\/p>\n\n\n\n

Professor\nor Senior Researcher:<\/strong><\/p>\n\n\n\n

Professors\nand senior experienced researchers can practically apply for all project\nfunding unless specific restrictions are given in the call announcement. At the\npersonal level, professors can apply for the Research Council of Finland’s\nprofessor funding (not open every year) or the ERC Advanced Grant. With\nexperience in leading various projects, they have an excellent opportunity to\nact as responsible leaders in large projects and consortia.<\/p>\n\n\n\n

Other\nOpportunities:<\/strong><\/p>\n\n\n\n

In the coming years, the government will increasingly provide funding to Business Finland, and it is already evident that new research focuses will be introduced in the calls. In Business Finland calls, it is often essential to create new research for Finnish companies and exports, but the calls vary, and it is worth checking if there are opportunities to fund your research. Additionally, there are entities that fund, for example, development activities to which research may be closely related. Such entities may include ELY Centers and regional funds.<\/p>\n\n\n\n

Please, be in contact with the Research Funding Services (research@hanken.fi) if you have questions or you wish to discuss with us which research funding instruments are most suitable for you.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Have you struggled with not knowing which research funding instrument would be right for you and your research idea? This blog post provides a broad overview of various research funding […]<\/a><\/p>\n","protected":false},"author":150,"featured_media":791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10],"class_list":["post-1474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-research-funding"],"_links":{"self":[{"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/posts\/1474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/users\/150"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/comments?post=1474"}],"version-history":[{"count":1,"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/posts\/1474\/revisions"}],"predecessor-version":[{"id":1475,"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/posts\/1474\/revisions\/1475"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/media\/791"}],"wp:attachment":[{"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/media?parent=1474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/categories?post=1474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.hanken.fi\/research-funding-blog\/wp-json\/wp\/v2\/tags?post=1474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}