Main objective of RISICO – project was to create new business to Kymenlaakso region with the help of innovation ecosystems

project goals

  • Creating new business opportunities in the Kymenlaakso region
  • Finding new markets
  • Innovating new products
  • Creating spinoffs
  • Establishing startups
  • Adding startup-companies and spinoffs to relevant networks

project implementation

In the RISICO project students and experts from many different fields come together to solve problems from companies and industries using innovation ecosystems. These innovation ecosystems offer the teams a platform to use, the tools and the process to aid them towards their solution to the problem at hand. The innovation ecosystems also support the ideation phase, building the solution, testing it and the financing.


  • Hackathon events 4 times a year for innovating and finding solutions
  • Around 15 product development projects with businesses and students from hackathons and assignments
  • About 70% of the product development projects lead to piloting programs for new products or services
  • 4-5 products or services a year go onto financing and product or service launch

More information

Erna Gronow
Project Manager
+35840 688 6919

Teijo Javanainen
RDI Expert
+35844 702 8518

Xlab Innovation Space

Xlab brings together businesses, students and other stakeholders. The innovation space serves as a platform for promoting product and service innovations and offers opportunities for co-creation.


Past events


Product and Service accelerator program for SMEs.

Program page (in Finnish)

Sijoita tulevaisuuteen- event

The event offered influencers vision of capital change and what business is in the future.

Event site

*ship Startup Festival 12.-13.8.2021

Risico project is participating with virtual exhibition booth in the event

Event page


Xamk coordinated the first nationwide 5G Future Logistics Satellite Hackathon from 20th to 22nd May 2021.

To Event Page


To event page

Green Future Hackathon

The XAMK Green Future Hackathon was an accessible, online 48-hour sprint for everyone interested in innovation. The main objective was to innovate green solutions for local companies.

Event site

Digillä pintaan!- Web seminar

The web seminar offered solutions to success in the changing world. The event was for everyone interested in digital business, virtual technology and digital service design and no prior experience needed.

Event site

Digital Business Hackathon 15.-17.10.2020

Xamk Digital business hackathon was an accessible, online 48-hour sprint for everyone interested in innovation and helping boost local Kymenlaakso businesses. The hackathon was to help innovate and plan digital solutions for local companies.

Event site


Crisis Hack Kymenlaakso was an open 48 hour hackathon. We invited local companies, students and everyone else interested in rising Kymenlaakso from Corona crisis.

Event site

Posts and articles

End of RISICO-project publish

The RISICO-project produced a publication that summarizes the project's achievements and thoughts from those affected by it.

Read publication

Covid Challenges: 48h Hackathon Events Go Online

Hackathons have gone online. Read the article about organizing these online events on Xamk READ.



Main objective of RISICO – project is to create new business to Kymenlaakso region, especially to RIS3 focus industries by collaborating with universities and RDI organizations.

1 February 2020 – 31 August 2022

Project partners

Lead partner: South-Eastern Finland University of Applied Sciences XAMK

Focus areas: Digital economy


Total budget: € 342 614

XAMK part of the total budget: € 102 784

Financiers and main source of funding: Helsinki-Uusimaa Regional Council, European Regional Development Fund