Startups Participate at No Direct Cost

Ignite Sweden is a mission-driven non-profit organization focused on fostering innovation by connecting startups and scaleups with potential corporate and public sector customers for commercial collaborations. 

Our goal is to enable qualitative interactions between Swedish innovative small companies and a broad spectrum of private and public sector needs owners.

The entry point for taking part of Ignite’s services is to be invited to our matchmaking process with one or several potential customers/partners. 

Funded by Vinnova

Ignite is partly funded by Vinnova to help us achieve our stated mission. This funding (‘Verifieringsmedel’) allows Ignite Sweden to offer its services at no direct cost to participating small innovative companies.

Criteria to be eligible to participate in Ignite’s activities: 

There are three main criteria to be eligible to participate in our activities:

  1. Be a Swedish-based Small or Medium-Sized Enterprise (SME). The SME definition is regulated by the European Commission.
  2. Have a profile in our database, Ignite Magic, and be invited to our matchmaking process. 
  3. As an SME, be eligible  to receive our support at no direct cost, in accordance with European State Aid regulations:
    A. A startup registered in Sweden with a scalable solution, established for less than 5 years, and has not received public funding exceeding €800,000 over the last three years.
    B. A Small and Medium-sized Enterprises (SME) registered in Sweden with an innovative solution and has not received public funding exceeding €300,000 during the last three years. 

To fulfill our obligations to Vinnova, we require all participating companies to digitally sign a State Aid form, which we manage via SCRIVE. The purpose of this form is to verify participation and estimate the value of the service provided. This process needs to be completed only once per calendar year. The value of our services is listed below.

 

Fees paid by Vinnova for your participation:

  • National matchmaking events: 17 000 SEK *
  • International matchmaking events: 20 000 SEK *
  • Sales Excellence workshop: 6250 SEK
  • Designing the Deal workshop: 6250 SEK
  • Marketing Content Excellence: 6250 SEK
  • Megadeals’s  Designing the Go-to-Market Deal workshop: 7500 SEK
  • Legal support workshop: 3000 SEK **


* The fee includes the Sales Boost session prior to the event, as well as the Pilot Fast Track Hack masterclass
** The additional fee for legal support will be evaluated on a case by case basis

Questions? Please contact us at 
support@ignitesweden.org prior to your participation. 

 

Exemption for startups participating in the national Incubator program

If your startup is currently participating in one of the incubators part of Vinnova’s national incubator program Excellence, your incubator will pay the fee for Ignite Sweden’s services instead. This is because they have the same type of funding from Vinnova as Ignite Sweden, called ‘verifieringsmedel’ in Swedish. Please share this information with your incubator if it is your case.

These are the incubators currently part of Vinnova’s national incubator program Excellence:

Arctic Business Incubator
Bizmaker
Blekinge Business Incubator
Brewhouse
Chalmers Ventures
Create Business Incubator
Dalarna Science Park
DigitalWell GovTech Incubator
Företagsfabriken
Founders Loft
GU Ventures
Handels SSE
HETCH
Ideon Innovation
Inkubatorn i Borås
Inkubera i Örebro
Innovatum Inkubator
Kalmar Science Park
Karolinska Institutet Innovations
Krinova Incubator & Science Park
Lead
MINC
Movexum
Sahlgrenska Science Park
Science Park Gotland
Science Park Jönköping
Science Park Skövde
Smile Incubator
Sting
Umeå Biotech Incubator
Uminova Innovation
Uppsala Innovation Centre