Applicado Ltd selected as having the best growth potential

Applicado Oy from Lempäälä has been selected as the winner of the Wellbeing Industry's Digital Health Growth Path growth programme. An honourable mention was given to eMedi Innovations Oy from Helsinki. Next, the companies will advance to the national Kasvu Open final, where the best among Finnish growth companies will be selected in two categories: Start again and Start up.

They were selected from 15 growth-hungry companies, who were first selected for two-day sparring by experts from amongst 52 participants from all around the country.

Applicado Oy's application Layette brings maternity clinic knowledge to your mobile phone for free. The company aims to create a comprehensive and reliable source of information that could answer all the questions new parents have in the first years.

– The scalability of their service and its growth potential were clearly the best among the group of applicants. Demand for this service exists everywhere, so the growth potential is huge. It is also interesting from the investors' point of view, notes Jaakko Salminen, chairman of the panel of judges and chairman of the board of Finnish Business Angels Network, FiBAN.

An honourable mention was given to eMedi Innovations Oy's service Lääkärihinta.fi, which is a meeting place for consumers and doctors or dentists. It helps consumers find a doctor that is well suited to them based on price-quality ratios and the symptoms they have, while helping doctors find more patients. According to the panel of judges, the idea is clear-cut and relevant.

– This project has a high likelihood of becoming a successful business. The judges were also impressed by the company's team, whose attitudes towards entrepreneurship are very positive. In addition, the team members' personalities and skills complement each other well.

The other companies that received a two-day sparring with experts, free of charge, are: Wexma Oy, Lifemonitor Oy, EDIS Pia Laurila Oy, Cyclepath and Active Ally Oy from Helsinki, MedKit Finland Oy from Oulu, Deep Help and Keski-Uudenmaan tanssiopisto from Järvenpää, Clusterloop Oy and AweSome from Jyväskyläs, Kuruson Oy from Hollola, Promene from Turku and Salus Qualitas Consulting Oy from Reisjärvi.

The Growth Path is part of Kasvu Open which will arrange national final, Kasvu Open Carnival, in Jyväskylä October 26-27, 2016. A total of 80 companies from the 24 Growth Path projects organised for different industries this year will participate in the national final.

In addition to Salminen, the panel of judges consisted of Risto Rossi (FIHTA), Leena Niemistö (Dextra), Mikko Kauppinen (GE Healthcare), Janne Aaltonen (The Hospital District of Helsinki and Uusimaa), Anne Sandelin (the City of Jyväskylä), Minna Janhonen (TTL), Mikko Leino (M1 Capital), Kare Norvapalo (Jyväskylä University of Applied Sciences) and Arto Holopainen (Kuopio Innovation).

Digital Health Kasvupolku is created in collaboration with GE Healthcare, The Finnish Institute of Occupational Health, The Finnish Health Technology Association (FiHTA), Kuopio Innovation, the City of Kuopio, the City of Jyväskylä, JAMK University of Applied Sciences, the Regional Council of Pohjois-Savo and Sonera, Finnvera and Nordea.

Contact

Jaakko Salminen, Chairman of the Judges' Board, FiBAN ry, tel. 040 7613775 jaakko.salminen@fiban.org
Satu Haka, Kasvupolku facilitator, Kasvun Roihu Oy*, tel. +358 (0)50 3048779 satu.haka@kasvunroihu.fi

*an organizer of Kasvu Open events, authorized by Central Finland's Chamber of Commerce. Kasvu Open is a registered trademark owned by Central Finland's Chamber of Commerce. Kasvu Open is a registered trademark owned by Central Finland's Chamber of Commerce and developed in Central Finland.

Kasvu Open is the largest company growth sparring program in Finland, supporting the growth and internationalization of small and medium companies all around Finland and across various industries, free of charge. This year, a total of 349 companies and more than 950 Finnish business experts are involved in the Kasvu Open. The year culminates in the Kasvu Open Carnival October 26-27, where the best growth companies in Finland will be chosen from among the finalists.