Funding budget for Research Council of Finland to increase to €670 million in 2027

The budget of the Research Council of Finland (RCF) will reach nearly €670 million in 2027, in an effort by the government to increase R&D funding despite the difficult situation in public finances.

The RCF funding budget will reach €592m, the Finnish organisation announced on 04/11/2026, but the budget proposal also includes approximately €28m for contributions to international organisations and €50m for implementing research projects funded by the Strategic Research Council and promoting the impact of research, both unchanged from 2026.

The total research funding to be allocated through the RCF will therefore be nearly €670m in 2027, compared with €600m in 2026. Of this amount, €180m is based on the Finnish Government’s decisions on the allocation of additional R&D funding, the RCF noted…