Through projects and other initiatives, we strengthen Uppsala’s life science cluster. The working method is tailored for each case to achieve the best and most sustainable result.
Case: National coordination of support and funding for innovation projects
Sweden has a high level of basic research and innovation, but too few healthcare products are commercialised and come to the benefit of patients. Many early ideas have difficulty attracting financing. Furthermore, projects may also find it hard to recruit the skills needed to get to market quickly enough.
The range of funding sources to which innovation projects and companies can apply is difficult to grasp. They may be available, but perhaps in other parts of the country rather than the company’s own region. Often the size of contributions is too low and the provided support isn’t adequate.
A better coordination of the funding sources, national availability as well as a tailor made support focusing on the need of the individual innovation project would help solving this problem. Based on the BIO-X methodology, the national strategic innovation programme Swelife has developed a ‘Hands-on’ support for its calls for proposals. Hands-on is a tailor-made coaching process that can accelerate ‘idea to innovation’ development by offering experience, expertise and networking in business development to projects with high innovation potential.
With the aim of increasing the level of funding, Uppsala BIO also runs a project to harmonise the legal interpretations of the Swedish Innovation Agency (Vinnova) and Agency for Economic and Regional Growth (Tillväxtverket) in order to enable co-financing. In concrete terms, we investigate whether these two major financiers can collaborate in calls for proposals, thus raising the total funding level of projects.
Erik Olaisson. B.Sc., Business Development. “I want to see more new companies, growing companies, investing companies, fresh establishments and innovative thinking in Uppsala.”
Kristin Hellman. M.Sc., Business Development. “I focus on facilitating interaction between large companies and small start-ups and academic projects in order to accelerate the development of promising new products and technologies.”