The Startup Factory
The Startup Factory is a startup incubator where we coach companies aiming for rapid growth towards international markets.
We also inspire individuals in educational institutions towards entrepreneurship through credited business coaching that can be integrated into their studies!
Join us to get inspired by our events and build your own success story!
Yritystehdas is an inhouse company owned by the City of Jyväskylä, Jyväskylä University, and Jyväskylä University of Applied Sciences.
Dare to startup!
€ 500-100 funding for testing a product or service idea.The Product Development Funding can be applied for four times during a school year.
FOR WHOM: the students and staff of Jyväskylä University of Applied Sciences and University of Jyväskylä
It is enough that you have an idea that you want to take forward.
Free of charge.
Product Development Funding is waiting for you!Coaching on how to test your business idea and develop it into a company.
You will receive 5 study credits / 15 competence points
Duration: From 5 weeks to 11 months
FOR WHOM: the students and staff of Jyväskylä University of Applied Sciences, University of Jyväskylä and the students of GRADIA Jyväskylä Educational Consortium, who enter through EduFutura.
A business idea is enough
Free of charge.
Could your idea become a business?Regular company-specific customised coaching in business and the entrepreneur’s performance towards growth and international business.
Duration 12 months + 12 months
Do you want your business idea to not only grow but also revolutionise the markets?
The Incubator is a two-year company-specific coaching process customised for startups, focusing on both business and the entrepreneur’s well-being. The Incubator provides startup companies with modern facilities and opens doors to business networks.
"A prime example of a how a technology startup grows in its early stages"
BiopSense, which originated from research conducted at the University of Jyväskylä, experienced tremendous growth during its two-year Incubator Coaching period:
- Secured a 2.5 million euro funding from the European Innovation Council (EIC) Transition program for development, being the only company in Finland to receive such funding.
- Expanded its staff from 2 employees to over 10.
- Overcame the death valley and exponentially increased its revenue to the million euro range.
"The expertise of different coaches, networks, other companies, events, and informal activities provide assistance and opportunities in almost everything. Additionally, there is a great spirit within the organization. The concept is good and so versatile that it is difficult to think of many areas for improvement at first glance."
Get to know our amazing customers!
You are welcome to the Startup Factory’s incubator if you have a scalable business idea, meaning that your company has its own product or idea that can be taken to international markets, and if you have a team behind your company and the will to grow.
In the incubator, there have been companies ranging from robotics to the garment industry and from cancer research to scalable ERP projects. Check out our customers here !
A successful company is always led by a healthy entrepreneur
No business can succeed if the people behind it are not doing well. This is why our coaching focus not only on developing business but also the company’s most crucial resource – its people.
Our Performance Program focuses on developing the companies’ performance, team spirit and culture. According to studies, a happy work community can achieve a turnover difference of up to 30% compared to their competitors and six times the investment value of occupational well-being.
Read more about Performance Program!
Confidence in developing your own business!
Entrepreneurship coaching brought confidence and expertise in managing the company's finances.
The entrepreneurs of Padel Jyväskylä emphasize the most important assistance provided by Yritystehdas (The Startup Factory) through entrepreneurship coaching in terms of knowledge and support for planning and managing the company's finances. When these aspects are mastered thoroughly, the world is open to the entrepreneur.
"I highly recommend Yritystehdas' entrepreneurship coaching. We have gained immense knowledge and confidence in entrepreneurship as well as managing the company's finances. As a result, we are able to make sensible plans that realistically consider risks and opportunities. Our coach has also played a crucial role in establishing important relationships and has kept an eye on us young boys in the process."
Are you interested in entrepreneurship and seeking support and guidance for your business idea?
Idea to Business coaching gave courage and instilled self-belief to my own idea
"I gained useful tools from the coaching, but more importantly, the program has brought me courage! - By daring to speak up and express myself, it has brought many positive outcomes."
Do you have an idea ready, but lack of funding prevents initial experimentation?
A high-quality prototype was built with the help of Product Development Funding
Antti Löppönen implemented his idea of a smart chair for competitive paddling with the help of Product Development Funding.
"The entire process of applying for Product Development Funding from Yritystehdas (The Startup Factory) was made incredibly easy and smooth. The funding provided the courage to take the project to the next level, and we quickly gained significant momentum. I don't believe I would have a testable prototype ready without the Product Development Funding from Yritystehdas."
Frequently asked questions
Yritystehdas coaches growth entrepreneurs in the Incubator and inspires individuals in educational institutions to pursue entrepreneurship through coaching programs, which offer academic credits.
The level and stage of your idea is the key factor. If your business is still at the idea stage and you are a student, researcher, or staff member of JAMK University of Applied Sciences or the University of Jyväskylä, we can assist you with Product Development Funding and with the Idea to Business coaching program.
If you already have a company and you are a researcher or staff member of JAMK or the University of Jyväskylä, you can apply for the customized one-year Business Coaching program.
If your business idea is scalable and you aim for sustainable growth and international markets, you can apply to the Incubator.
Our services are open to students, researchers, and staff members of Jyväskylä University of Applied Sciences and the University of Jyväskylä, as well as to all residents of Jyväskylä. Additionally, our services are open globally to anyone who wishes to register their company to Jyväskylä.
The starting point is that we receive the budget from our owners (the City of Jyväskylä, Jyväskylä University, and Jyväskylä University of Applied Sciences).
The owners see the potential in growth entrepreneurship and enable the operation of The Startup Factory with their annual budget.
We are a non-profit in-house company. The return on investment (ROI) comes from the growth of companies, which bring jobs to the Jyväskylä region, positive reputation, and corporate tax revenue.
The team at The Startup Factory consists of eleven individuals, each with diverse business and entrepreneurship experience and expertise.
Additionally, The Startup Factory's educational services are supported by a broad team of university-level coaches.
Firstly, about our service at The Startup Factory: we are an incubator that provides workspace and coaching for startups aiming for growth. We specifically target startups with scalable business ideas, meaning that the company can increase its sales without proportional increases in costs or the need to hire additional staff. The ultimate goal is to have a presence in international markets.
If the above description does not match your idea, there is another way to get involved with The Startup Factory. If you are a student (even part-time, for example, in an open university program) or work at JAMK or the University of Jyväskylä, you are welcome to take advantage of our educational services.
We invite you to visit The Startup Factory! The best way to stay informed about our activities is to follow our social media channels and join our events to network and meet other enthusiastic entrepreneurs.