Definitions for sitra
sitra

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1. SITRA

   Sitra (Finnish: Suomen itsenäisyyden juhlarahasto), the Finnish Innovation Fund, is an independent public foundation which operates directly under the supervision of the Finnish Parliament. Its endowment was valued at 771 million euros in 2017. Its duties are stated in legislation: the objective of the foundation is "to promote stable and balanced development in Finland, qualitative and quantitative economic growth and international competitiveness and cooperation", by means of supporting "projects that increase the efficiency of the economy, improve the level of education or research, or study future development scenarios". Sitra functions both as a think tank and as an investment company. Sitra was founded in 1967 as a part of the Bank of Finland, on the country's 50th anniversary. However, most of the value of its current endowment comes from a donation of Nokia stock from the Finnish Parliament in 1992.Sitra's operational independence has been further strengthened by its funding model. It is not answerable to the government in power and does not depend on the state budget; instead, its operations are funded with the profits of its endowment and the profits of its operations. According to law, the funds must be invested securely and in a profitable manner. The return from Sitra's endowment averages at approximately 30 million euros a year. Sitra does not spend the core endowment or receive any tax-generated government funding. While Sitra can be compared to Business Finland, their roles are different: Sitra invests in companies and startups to create new profitable business, while Business Finland is a part of the government through a ministry and funds research in companies or universities without an explicit profit motive.

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1. sitra

   Sitra is an Aramaic term that translates to "the other side," often used in Jewish mysticism to refer to the side of impurity or evil in contrast to the side of holiness or purity. It is seen as the realm of darkness and negativity that opposes the realm of light and positivity.

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1. SITRA

   SITRA, the Finnish Innovation Fund, was founded in 1967 as a part of the Bank of Finland. Currently it is an independent public foundation which operates directly under the supervision of the Finnish Parliament. Sitra's president is Mr. Mikko Kosonen. Sitra's duties are stated in legislation. Its operations are funded with endowment capital and returns from capital investments. Through its activities, Sitra aims to promote the economic prosperity and the future success of Finland. Sitra’s aim is to be a respected partner in building a knowledgeable and innovative society. Sitra has an endowment valued at €651 million. The funding comes only from the profits from the endowment; Sitra does not spend the endowment or receive tax-generated government funding.

How to pronounce sitra?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say sitra in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of sitra in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of sitra in Pythagorean Numerology is: 4

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References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Sitra
2. ^ ChatGPT
   https://chat.openai.com
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=sitra