To create better conditions for new, innovative companies, SISP works to strengthen Sweden’s incubators. Through our network, we enable collaboration, quality assurance and visibility for the important role of incubators. Below you will find insights, statistics, events and results from the programme coordinated by SISP on behalf of Vinnova.
Below is a summary of three development areas and nine capabilities to be developed, which were identified after a peer review was carried out during 2023-2024 (systematic business review) of some 30 Swedish excellence incubators.
For incubators to provide long-term and sustainable support to start-ups, it is crucial to develop effective financing structures and improve fundraising.
Incubators need to develop the ability to attract international capital and build stronger relationships with global investors. By organising matchmaking events and participating in international forums, incubators can help start-ups access more capital from venture capital funds in countries such as the US and the UK.
To reduce dependence on short-term project funding, incubators should develop their own investment funds, such as evergreen funds, where revenues from successful start-ups are reinvested. This model creates a self-reinforcing system where successful investments help fund new startups.
By building partnerships with both public actors and private companies, incubators can ensure stable revenue streams. Public-private co-operation models, where government support is matched with private investment, provide long-term financial stability and strengthen the incubator’s role as a bridge between business and the public sector.
By specialising in niche sectors such as cleantech and deep tech, incubators can create greater value for start-ups and ensure they receive support tailored to their specific needs.
Incubators should develop specialised accelerator programmes in areas such as cleantech and deep tech. These programmes can provide startups with access to market-specific expertise, capital and business development support tailored to their industry. For example, cleantech startups can benefit from programmes that focus on green innovations and sustainable business models.
By integrating sustainability requirements into their business development programmes, incubators can promote start-ups working on sustainable solutions and green technologies. This gives incubators a competitive advantage in the global market and attracts investors interested in ESG (environmental, social and governance) issues.
Incubators should develop the capacity to establish strong partnerships with industry and research institutions in specific sectors. By partnering with companies and universities that are leaders in areas such as biotechnology and advanced technologies, incubators can create an ecosystem that empowers startups and helps them scale their business models.
Improving the inflow of research-based start-ups and increasing collaboration with academia is crucial to ensure that incubators can provide innovative and high-tech companies.
Incubators need to strengthen their partnerships with universities and research institutions to increase the inflow of research-based start-ups. By developing programmes specifically targeted at researchers and academics, incubators can capture more innovative ideas and help them reach the market.
By establishing physical coworking spaces and innovation hubs close to universities and research centres, incubators can create meeting places for researchers and entrepreneurs. This fosters collaboration and creates an environment where innovations can emerge through close contact between research and business development.
Incubators can also develop digital platforms and tools to support start-ups regardless of their geographical location. Virtual mentoring programmes, e-learning and digital networks can be used to provide business development support and knowledge sharing for start-ups that do not have physical access to the incubators’ premises, increasing accessibility and efficiency.
VP Incubation
jonas.michanek@sisp.se
+46 (0)73 434 00 30
Behind many of the country’s successful young companies is an incubator that has provided support, coaching and networking. SISP brings together several of Sweden’s incubators and supports the development of…
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