Welcoming our new Chairman
Dear Friends of FACC New York,
Spring is in the air, and so is a sense of momentum.
We had the pleasure of sitting down with our newly elected Chairman of the Board, Alexander Ehrnrooth, fresh from the excitement of his election for a wide-ranging conversation about his vision for the Chamber, the state of transatlantic collaboration, and what it truly takes for Finnish companies to scale in the United States.
The timing could not be more fitting. As the US marks its 250th anniversary and Finland’s NATO membership continues to deepen the ties between our two countries, the Finnish-American Chamber of Commerce New York enters this moment with real energy and a clear sense of purpose.
What emerged from our conversation was both inspiring and practical: a vision of FACC-NY as not just a network, but a genuine launchpad, one that meets Finnish companies where they are and walks with them toward where they want to go.
We hope his words resonate with you as much as they did with me.
Warm wishes,
Team FACC-NY
Interview:
You’ve recently taken on the chairmanship of FACC New York — congratulations. Why does this role matter right now?
Thank you. It is a real honor for me to take on this role, especially at this moment. FACC New York is a 78-year-old institution, and I feel privileged to support the team, work with my Board colleagues, and continue building on the strong cooperation with our Advisory Board.
The United States is celebrating its 250th anniversary this year, and the relationship between Finland and the US feels maybe more important than ever. For Finnish companies, the US is not just another export market. In many ways, it is the market. It represents around 25% of global GDP, and the US economy is growing at approximately three times the pace of the Euro Area Economies. The US has also become Finland’s single largest trading partner, with bilateral trade in goods and services of around EUR 22,5 billion in 2025. In addition, Finland’s recent NATO membership just adds to the importance.
So for me, this role is about helping Finnish companies be ever more ambitious, more present, and more successful in the United States. This is also how the entire Finnish economy can accelerate its growth.
What role does the chamber actually play for Finnish companies looking to enter the US?
The chamber is a gateway, but also a very practical one. You cannot really enter the US market successfully from a desk in Helsinki. You need to be here, understand the culture, meet people, and build trust.
That is where FACC New York can make a real difference. We help Finnish companies with networks, introductions, visibility and local understanding. In the US, cold calling rarely gets you very far. Relationships matter, and warm introductions matter even more.
We connect Finnish companies with potential partners, investors, customers and talent. The strong growth of the chamber also shows that Finnish companies are taking the US more seriously. Our membership has grown more than tenfold in the past twelve months, which is a very encouraging sign.
How does the chamber work with the Finnish government?
Very closely. We work in strong cooperation with the Consulate General in New York and with many other public and private partners, including our Nordic colleagues.
For a small country like Finland, this kind of cooperation is essential. We cannot afford to work in silos. Government, business, investors and civil society all need to pull in the same direction.
The positive side is that small countries can also be very effective when they are coordinated. Finland can be nimble, focused and punch well above its weight. That is already something people in the US recognize about Finland, and I think we should build on it.
What is your message to Finnish companies still hesitant about the US market?
Be driven, take action and have “sisu”. The US does not reward too much caution. It rewards presence, speed, ambition and credibility.
Of course, it is a demanding market. Competition is tough, decisions are made quickly, and you need to be locally present to succeed. But the upside is huge. The scale, capital, talent and credibility you can build here are difficult to match anywhere else.
For many Finnish companies, the biggest risk is not trying and failing in the US. The bigger risk is never showing up at all.
SelectUSA Investment Summit 2026
The 2026 SelectUSA Investment Summit brought together international companies, U.S. governors, and senior government officials to explore investment opportunities across some of the most dynamic sectors of the American economy, from advanced manufacturing and semiconductors to AI, energy, and critical minerals. For the Finnish-American Chamber of Commerce New York (FACC-NY), it was a few days to remember.
The Summit opened with industry spotlights, expert panels on U.S. market entry, and a Welcome Reception at the Smithsonian National Museum of American History, before advancing into high-level plenary sessions featuring U.S. Secretary of Commerce Howard Lutnick, state governors, and senior federal officials.
The program brought together global business leaders, investors, innovators, and policymakers to explore emerging opportunities across semiconductors, AI, quantum computing, and critical minerals, concluding with State and Local Night in the Exhibition Hall, celebrating both the investment commitments forged throughout the week and America’s approaching 250th anniversary.
A Record-Breaking Finnish Delegation
FACC-NY was proud to join what proved to be the largest Finnish delegation in SelectUSA history, a testament to the growing ambition of Finnish companies looking to scale in the United States. Alongside our member companies Dinolift, VILPE USA, Betolar, and Wärtsilä, the delegation included Bluefors, IQM Quantum Computers, SharpCell, BOScs, and BALANUS, representing a remarkable breadth of innovation across industries.
We were especially honoured to meet Finland’s Ambassador to the United States, Leena-Kaisa Mikkola, and Assistant Secretary of Commerce David L. Fogel. Their engagement was a meaningful reminder of the strength and depth of the transatlantic partnership between Finland and the United States — and of the very real institutional support that backs Finnish companies on their journey to the American market.
What VCs Are Really Looking For
One of the highlights of the Summit was a panel conversation moderated by David L. Fogel, featuring Anastasia Lykova Allan of Elpis Labs and Consuelo Valverde of Endurance28. The conversation was candid and instructive. The panel’s central message: venture capitalists bet on founders first. The right team, a U.S.-compatible structure, and a clear exit strategy matter more than the product itself.
Equally important, capital is not equal. Founders must conduct their own due diligence on investors — asking not just about the check, but about the networks, expertise, and strategic value an investor truly brings. And when it comes to failure, the panel was clear: most startups don’t fail because of the market. They fail because of co-founder conflict and ego. Pattern-breaking founders who make disciplined decisions under pressure are ultimately what investors are looking for.
The Long Game in the American Market
One data point from the Summit stayed with us: on average, it takes a European company approximately three years after establishing a U.S. presence to surpass its European sales figures. The American market rewards long-term commitment. Events like SelectUSA are a productive and well-structured way to begin that journey — building the relationships, knowledge, and credibility that compound over time.
A sincere thank you to our delegation hosts Terri Tyminski, Tiina Ketelä-Juvonen, and Stephanie Rothman for an exceptionally well-organised and valuable few days. The connections forged at SelectUSA will continue to drive real investment and lasting partnerships between Finland and the United States.
We look forward to supporting our member companies every step of the way.
Gender Equality as a Driver of Growth
Gender Equality as a Driver of Growth: Reflections from CSW70 Week
Each year, the United Nations Commission on the Status of Women turns New York City into a global platform for dialogue, reflection, and action on gender equality. During this year’s CSW70 and Women’s UN Week, Nordic-led initiatives reinforced a clear message: gender equality is not only a societal priority, but a driver of growth, innovation, and resilience.
Gender Equality as a Strategic Imperative
During a SACC-NY breakfast, held in the context of events celebrating International Women’s Day 2026, leaders from business, government, and technology explored gender equality as a growth strategy. The panel concluded that the inclusion must be embedded as a core strategic process instead of a separate initiative. Companies that integrate diverse perspectives into decision-making are better positioned to navigate technological change, demographic shifts, and future labor shortages.
The discussion highlighted how Sweden’s long-standing policies, such as gender-neutral parental leave, accessible childcare, and transparency standards, have advanced both equality and economic competitiveness.
A key insight, shared by Moody’s, pointed to a clear correlation between stronger female representation on corporate boards and higher credit ratings. Diverse leadership contributes to better governance, stronger risk management, and improved long-term performance.
Across industries, from construction to technology, participants emphasized the importance of unlocking untapped talent. In the face of global labor shortages, increasing female participation is not only an inclusion effort but an economic necessity. As AI and digital systems continue to evolve, diverse teams are also essential to building fair and representative technologies.
The week concluded with a Pan Nordic gathering of women entrepreneurs, reflecting a shared ambition to build, innovate, and lead across borders.
Across all discussions, one theme stood out: gender equality must be embedded as a core strategic priority. Progress is driven by collaboration, and when diverse perspectives are brought to the table, the impact extends far beyond it.
Icebreaker deal
FACCNY celebrates U.S. – Finnish Icebreaker Deal
The Finnish American Chamber of Commerce in New York (FACCNY) celebrates the landmark $6B U.S.–Finland icebreaker deal to build 11 vessels, with the first expected by 2028. This historic agreement strengthens Arctic security and highlights Finland’s world-leading icebreaker expertise and the trade potential between the countries.
FACC-NY Q1 2026
FACC-NY Q1 2026 – Building Opportunity in a shifting landscape
Dear FACC-NY Members,
As we enter 2026, growth will be shaped less by speed and more by stability, resilience, and strategic positioning amid geopolitical uncertainty, evolving trade rules, industrial policy, and rapid technological change. Forecasts point to moderate growth, but the backdrop remains shaped by geopolitical risk, trade policy uncertainty, and inflationary pressures balanced by a cautious yet resilient U.S. and global economy.
In this context, transatlantic collaboration is essential. Finland’s competitive advantage in the U.S. market lies in trusted, innovation-driven technologies backed by deep engineering expertise, strong R&D, and transparent governance, spanning advanced industrial and digital technologies, AI and connectivity, clean energy and climate solutions, healthcare and life sciences, cybersecurity, defense and dual-use applications, and the bioeconomy.
FACC-NY helps translate these strengths into opportunity by building meaningful connections through curated forums, focused industry events, and engaging networking opportunities while providing practical insight on U.S. market entry and expansion, from the implications of the One Big Beautiful Bill Act (OBBBA) of 2025 to tariffs, immigration and visa policy, accounting and tax structures, talent, legal frameworks, compliance, and execution.
In the year ahead, FACC-NY will continue to:
- Expand sustainability and renewables programming
- Deepen conversations on U.S. expansion and capital markets
- Elevate technology, innovation, and dual-use insights
- Strengthen leadership and talent development initiatives
- Create even more opportunities for networking and collaboration
Together, we will keep building a strong, global community grounded in innovation and shared ambition.
Key programs & events – Please save these dates
The 2026 calendar features a mix of forums, focused industry events, and networking opportunities, including:
- Women’s Leadership Circle & Mentoring Program, launching March 9
- Healthcare & Life Sciences conversations, in late March
- SME finance, market-entry & procurement programming, in late May
- Annual Strategic Forum on competitiveness, sustainability & AI-enabled growth, in September 10
- Ongoing breakfasts, afterwork socials, and webinars on timely economic, geopolitical, and regulatory themes throughout 2026
We’ll also expand select activities beyond New York to strengthen FACC-NY’s reach across the United States.
🥂 Champagne & Cheer –New Year Networking Evening
Thursday, January 29 | 6:00–8:00 PM
FACC-NY Offices, 250 W 55th St, 17th Floor
An evening of cross-Nordic networking as we reconnect and celebrate the possibilities of 2026. Co-hosted with SACC-NY, DACC-NY, NACC-NY, and IACC-NY.
👉 RSVP starting Monday – limited seats available
🧭Navigating the US Tax Landscape
January 28 | 9:00–10:00 AM | Webinar (Zoom)
A practical overview and practical guidance for international companies and startups of U.S. tax considerations and common pitfalls, with timely updates on how the One Big Beautiful Bill Act (OBBBA) is reshaping the landscape in 2026.
Presented by Ann-Christin Westerlund and Victor Westerlund of Westmusa Inc.
👉 Registration to follow
🎭 Take Me to Broadway – Afterwork Mixer
February 10 | 6:00–9:00 PM
Scandinavia House, Park Avenue, New York
A screening of Take Me to Broadway, the biopic of Ann-Christin Westerlund, followed by conversation and networking.
👉 RSVP via Eventbrite link
💡 Young Professionals after hours networking
February 12| 6:00 PM
Kabin, 300 Spring Street, New York, NY 10013
This launch evening will bring together ambitious young professionals to build meaningful connections, support career growth, and create a long-term pathway into FACC-NY leadership and engagement
👉 RSVP to follow
🌟 Women’s Leadership Circle and Mentoring Program luncheon
March 9| 12:00–2:00 PM
Scandinavia House, Park Avenue, New York
We are honored to welcome Kristiina Helenius, C.E.O. of Miltton USA to present: Leading Across Borders: Lessons in Leadership, Influence, and Growth in a Global Context followed by conversation and networking
👉 RSVP to follow
🧬 Nordic–U.S. Lifescience Acceleration Forum
March 27| 12:00–2:00 PM
Scandinavia House, Park Avenue, New York
Bridging Nordic healthcare innovation and U.S. market opportunity and accelerate Nordic companies entering the U.S. health care market
👉 RSVP to follow
We value your input
FACC-NY is a member-driven organization. We warmly invite you to share ideas for topics, speakers, industries, or formats you would like to see this year. Your feedback helps us shape programming that is relevant, timely, and valuable. We look forward to connecting with you in the months ahead and building 2026 together, thoughtfully, purposefully, and strategically.
Warmest Wishes,
Team FACC-NY
Navigating the U.S. Tax Landscape
FACC-NY organized a virtual briefing on U.S. market entry and tax considerations for Nordic companies, led by cross-border advisors Ann-Christine Westerlund and Victor Westerlund of Westmusa Inc.
Drawing on decades of advisory experience, the speakers shared practical insights into common market entry barriers, frequent pitfalls, and a structured “dos and don’ts” framework for Nordic companies establishing a presence in the United States. The discussion emphasized real-world scenarios and planning considerations based on client case experience.
The session included a practical overview of how the U.S. tax system operates, with particular attention to state-level economic nexus and related compliance questions. Participants also received an update on recent developments connected to the One Big Beautiful Bill Act (OBBBA).
The program concluded with an active Q&A discussion, where participants raised detailed and thoughtful questions related to structuring, tax exposure, and cross-border operations.
We thank Ann-Christine Westerlund and Victor Westerlund for sharing their expertise and guiding a focused and practical discussion for our member community.
Champagne and Cheers - Q1 2026 Kickoff
FACC-NY joined fellow Nordic chambers and business leaders in New York for a cross-Nordic networking evening to kick off the first quarter of 2026. The event gathered approximately 80 attendees, including investors, corporate representatives, chamber supporters, and friends of the Nordic business community.
Hosted in a shared office space used collaboratively by several Nordic chambers of commerce, the evening focused on connection and community building across borders. The program centered around Nordic and business-themed trivia, with each country organizing its own activity segment. Mixed teams competed in a friendly format, with top performers receiving prizes.
The atmosphere was social and energetic, encouraging relaxed conversation and new introductions across the Swedish, Danish, Norwegian, Finnish, and Icelandic business circles. Events like this continue to highlight the value of Nordic cooperation in the U.S. market and the role that these gatherings play in strengthening long-term professional relationships.
We thank our partner Nordic chambers and all participants for contributing to a fun and collaborative start to the year.
Young Professionals After Hours
FACC-NY launched Young Professionals After Hours, marking the introduction of its new Young Professionals membership initiative in New York.
Held at Kabin in SoHo, the evening brought together Finns and friends of Finland aged 21–35 for relaxed conversation, light refreshments, and cross-industry connections. With no formal program, the focus was on building community and welcoming the next generation into the Finnish–U.S. business network.
The event sets the foundation for continued engagement and programming tailored to emerging Finnish–U.S. professionals.
Advisory Board & Strategic Support
The role of the Finnish-American Chamber of Commerce New York is evolving. In addition to high-quality events and delegations, we are expanding our work to provide more structured, long-term support for companies operating between Finland and the United States.
Through our Advisory Board and strategic support offering, FACC-NY serves as a trusted resource for organizations navigating international expansion and cross-border collaboration. We combine local market knowledge, ecosystem insight, and access to established networks to help companies better understand the U.S. operating environment and make informed next steps.
This fee-based offering is designed to complement Team Finland efforts and internal company capabilities. It provides practical guidance, local perspective, and access to vetted partners and platforms across the U.S. ecosystem, grounded in dialogue, experience, and trusted relationships.
Further details about the Advisory Board and related offerings will be shared in Spring 2026.
If you are exploring the U.S. market and are seeking credible local insight, we invite you to connect with FACC-NY to learn more.
Internship Opportunity
Summer 2026 cycle is closed, stay tuned for new openings.
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Position Overview
This internship offers hands-on experience at the intersection of Finnish–U.S. business, sustainability, and innovation. The Intern will support daily operations, member engagement, communications, and high-level event coordination while gaining exposure to international business networks and senior decision-makers.
Key Responsibilities
- Support communications and content across FACC-NY channels
- Assist with member management, onboarding, and renewals
- Coordinate logistics and materials for events and meetings
- Support Board communications and internal follow-up
- Contribute to collaboration efforts with Team Finland and Nordic partners
What You’ll Gain
- Exposure to thought-leadership initiatives and executive-level programming
- Access to business leaders, investors, and policymakers
- Insight into cross-border collaboration and ecosystem development
Profile
- Currently enrolled in a university program (Business, Marketing, International Relations, or similar)
- Organized, proactive, and comfortable working independently
- Strong written and verbal communication skills
- Fluent in English; Finnish is an asset
- Available for 5–6 months (start in June, flexible depending on university requirements and J-1 Visa process)
Visa & Compensation
This is an unpaid internship conducted under the J-1 Exchange Visitor Program, in accordance with U.S. Department of State guidelines for training and cultural exchange.
The internship is hosted by FACC-NY, with the American-Scandinavian Foundation serving as the designated J-1 visa sponsor. The selected student will, in cooperation with FACC-NY and the American-Scandinavian Foundation, apply for the J-1 visa and complete all required documentation and procedures related to the visa process.
Scholarship Opportunity & Eligibility
Students from Haaga-Helia University of Applied Sciences, Business College Helsinki, and bachelor’s degree students at Helsinki School of Business (HELBUS) are eligible to apply for a scholarship through their respective institutions from the Commercial Foundation of the Helsinki Region Chamber of Commerce. If awarded, the scholarship amounts to €1,500 per month for a maximum duration of six (6) months, totaling up to €9,000.
Please note that the intern is responsible for all personal expenses, including but not limited to travel, housing, insurance, and living expenses.
How to Apply
Please send your CV and motivation letter no later than March 15, 2026, to Joanna.Willott@FACC-NY.com. Applications are reviewed on a rolling basis.
Nordic Innovation and Sustainability Forum 2023
The 2023 Nordic Innovation & Sustainability Forum convened Nordic and U.S. experts at the House of Sweden in Washington, D.C. for a day of conversation on sustainable architecture, green buildings, and eco-friendly transportation.
The program featured keynote talks from energy and health leaders and two panel discussions with voices from Skanska, Uponor, Hydro, Neste, Volvo Group, and others, alongside U.S. experts on sustainable design and transport.
Attendees had the chance to exchange ideas, explore Nordic solutions, and make connections across sectors focused on sustainability and innovation in cities and infrastructure.
Nordic Innovation and Sustainability Forum 2024
The 2024 Nordic Innovation and Sustainability Forum brought the Nordic–U.S. business community together at the Embassy of Sweden in Washington, D.C. to discuss maritime sustainability and the future of deep-sea shipping.
Hosted with NorCham Washington and SACC-DC, the forum featured keynote talks from DNV and the U.S. Department of Energy, along with panel discussions including perspectives from ABB, Alfa Laval, Equinor, Volvo Penta, Innovation Norway, and Neste.
The program included contributions from Kati Kaivonen, Samuli Hänninen (ABB), Dr. Johannes Urpelainen, Ulla Lainio, and Jordan Haverly (Neste). We thank all participants and the Embassy of Sweden for hosting a thoughtful and engaging event.














