Baltic Rim Economies (2011) 5

Pekka Ihalmo

Introduction

Culminatum Innovation Ltd was established in 1995 to serve as a joint regional development instrument for its owners and to implement the national Centre of Expertise programme in the Helsinki region. Due to its triple-helix ownership structure, Culminatum represents a unique, independent platform able, on the one hand, to respond rapidly to the demands of local business clusters and cities and, on the other hand, to address future challenges facing society, e.g. in the healthcare sector. Since Culminatum’s founding, biotechnology and life sciences have been one key focus area in developing the Helsinki area towards sustainable economy.

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