in content lists or on the content page.Sitra is Finland’s innovation fund for the future
Our mission is to promote the well-being of Finland and accelerate economic growth within the limits of nature’s carrying capacity. We anticipate the future, innovate and renew society.
Sitra is a future fund that helps Finland to reform. We anticipate the future. We develop solutions to tomorrow’s challenges in collaboration with our partners. We promote Finland’s well-being and accelerate sustainable economic growth. A better future demands action today.
We work closely with our partners to develop solutions and innovations that transform society. The major challenges of our time cannot be solved by a single actor. Forward thinking and foresight are needed for long-term work and to create innovations that promote well-being, sustainable growth and ensure success for future generations.
A builder of preconditions for reforms
Sitra has recently renewed its strategy. The new strategy aims to increase our efficiency and agility in tackling the problems Finland will face in the future. The changes took place in the beginning of September 2024.
Our mission is to promote the well-being of Finland and accelerate economic growth within the limits of nature’s carrying capacity. We anticipate the future, innovate and renew society – and we take our vision seriously and work in any way we can to achieve it.
We base what we do on expertise and foresight. As an agile, experienced, future-oriented organisation, we have a wide variety of tools at our disposal to identify the need for change and to make it happen.
Our role as a future-oriented fund involves creating preconditions for reform, spurring everyone towards making a change and providing opportunities for co-operation.
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What kind of values are Sitra’s activities based on?
Sitra’s values have been condensed into three words: responsibility, participation and independence. These values guide our actions in our work at Sitra, in our work to create an impact and in our cooperation with stakeholders.
The secret to Sitra’s independence
Sitra’s operations are funded by the returns from its capital originally granted by the Finnish Parliament. According to law, the funds must be invested securely and in a profitable manner.
Although the returns from Sitra’s capital fluctuates, it averages approximately 30 million euros a year. The amount is not very large in terms of the overall state budget, but if wisely allocated it does give Finland an opportunity to play a pioneering role, increase well-being and generate new business. Read more about Sitra as an investor.
Another important facet of Sitra’s independence is the fact that it reports directly to the Finnish Parliament. We are not answerable to the government in power at any one time, nor to a certain party or a trend, but to the parliament.
The profits accrued from our diverse investments secure the long-term future-oriented work carried out by Sitra’s staff, based on their expertise and vision.
Sitra was a present given by Parliament to Finland on the country’s 50th anniversary in 1967. The independent fund has been commissioned with the task of probing the future and promoting qualitative and quantitative economic growth.
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