The POEM Foundation is an audiovisual production resource centre. The mission of the POEM Foundation is to create an international operating environment for local audiovisual production. Its purpose is to promote, develop, support and maintain the audiovisual industry and culture in Northern Ostrobothnia and within the Bothnian Arc.

The foundation supports and develops film, television, video and game productions by providing grants and interest-free loans and/or investment financing. The purpose of the financing is not to seek a profit for the foundation.

The North Finland Film Commission (NFFC) functions as a part of The POEM Foundation. NFFC provides production services for domestic and international productions.

The POEM Foundation coordinates the development of cultural activities in the film and audiovisual sector in the Oulu audiovisual network. The network consists of Oulu Music Video Festival, Oulu Film Center, Valve Film School and the Science Centre Tietomaa.