New ideas - Sweden
An innovation may be an invention, a new product or service or a new way of doing something.
Alongside innovation, access to R&D is essential for businesses to develop and stay competitive.
Intellectual property must be protected to encourage innovation.
The Swedish Inventors' Association (Svenska uppfinnareföreningen) is a network for inventors.
ALMI is a state-owned company promoting SME development, and growth and innovation in Swedish industry.
The company can test whether an innovation is good from a technical point of view. It also offers help with feasibility study grants and innovation loans to produce commercially viable products.
The business portal verksamt.se contains information and tools for starting and developing a company in Sweden, including guidance on how to raise capital.
CONNECT Sweden unites entrepreneurs with capital.
Sweden has adopted a national action programme for growth and employment in which innovation plays a central role, and in which there is a particular focus on the transfer of knowledge between research, trade and industry and the public sector.
The Swedish Agency for Economic and Regional Growth currently runs programmes such as 'The Power of Action with IT' and 'Product Development in Small Businesses'.
More information about the Agency's programmes can be found on its website.
The Industrial Fund (Industrifonden) is a foundation which finances small to medium-sized companies throughout Sweden.
The Swedish Private Equity and Venture Capital Association (SVCA) can be a good place to seek funding for your new, innovative business ideas.
The Swedish Governmental Agency for Innovation Systems (Vinnova) and the Swedish Energy Agency (Energimyndigheten) stimulate the development of energy-efficient solutions, as demand for sustainable solutions increases. They offer help in seeking financial support.
Check also the legislation on this topic in: