University of Turku Exceeded Its €5M Fund-Raising Goal for the Matched Funding Scheme 2020–2022

Posted date: 16 Jul 2022

The University of Turku has raised donations from companies, communities and private persons for altogether €5.2 million during the state-matched funding campaign of 15 June 2020–30 June 2022. The match funding period ends today, on 30 June 2022. The goal of the University of Turku was to raise altogether €5 million.

The Government of Finland capitalises universities based on the donations they have raised in 2020–2022 with a non-recurrent funding granted by Sitra to universities. The state-matched funding coefficient is determined by the overall donations raised by all universities; the amount of the matched funding will be announced later this year. 

Reference Link:https://www.utu.fi/en/news/press-release/university-of-turku-exceeded-its-eu5m-fund-raising-goal-for-the-matched-funding

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