The objective is for the Helsinki capital region and Lahti to offer the best solutions for the challenges facing the world's cities and serve as a window on Finnish and international companies.
The partners in the new foundation are the cities of Helsinki, Espoo, Kauniainen, Vantaa and Lahti, several companies, the Finnish state and the Helsinki–Uusimaa Regional Council. The foundation has an operating period of five years.
During this time, it will compile and produce projects that will create business opportunities in the region based on clean and smart solutions. Among other things, the solutions concern transport, food, housing and energy. The outcome of this work will be products and services that can be adapted for the everyday activities of residents and companies in the area.
"The foundation is developing new forms of collaboration that will bring new innovations, growth and jobs to the region,” says Mikko Kosonen, President of Sitra. “The projects will produce solutions that companies can offer in order to deal with the problems of an urbanising world. These are the kind of collaboration models that have to be at the forefront of Finnish innovation activities so we can respond to changing global challenges."
Rather than simply distributing traditional funding, this foundation links those in both the private and public sectors – cities, companies, residents and the scientific world. The Smart & Clean foundation will work with these actors to produce project entities that result in new solutions, products and services for transport and living. Export concepts will be developed at the same time.
"Together we can turn the capital region into a place where business life contributes to controlling climate change,” says Pekka Lundmark, President and CEO of Fortum and Chairman of the foundation board. “It provides companies with a test bed for the products and services they have developed. We're working in co-operation with the cities to build international success stories."
The foundation's activities are funded through donations. According to the target budget, the five-year funding requirement is some 7.5 million euros. One third of this comes from cities in the region, another third from Sitra and the final third from businesses. Channelled through the Ministry of Employment and the Economy, the Finnish state's share will be allocated to the Smart & Clean projects in the cities as part of a Stability and Growth Pact.
Tiina Kähö has been appointed managing director of the foundation and will begin her work on 1 June 2016. She joins the foundation from her previous position as Senior Lead in Carbon-neutral industry at Sitra.
"Lahti's biggest contribution to the foundation is the environmental expertise of companies and the city. As an environmental expert, Lahti is a natural partner for the capital region with regard to urban development. In particular, we activate SMEs, "Jyrki Myllyvirta, Mayor, Lahti.