Oulu Innovation Ltd is a non-profit development company which focuses on regional economic development in the high technology and high growth business sector in the Oulu region. Its main task is to support enterprises and to strengthen their competitiveness in the global markets.

Oulu Innovation Ltd promotes the attractiveness of the region, develops the operating environment of the enterprises and provides strategic leadership in developing the economic environment in the region. The company is also responsible for the implementation of the region´s innovation strategy, the Oulu Region Centre of Expertise programme and Invest in Oulu services. The company provides enterprises services as well as the skills and connections of the stakeholder and partner network.

Technology enterprises are financially significant in the Oulu region: there are about 800 enterprises employing over 18,000 people and generating a total turnover of about 5 billion euros.