The business development process described below details the work that is initiated when an idea has been made concrete.
Description of Idea and Survey
We usually start with a meeting. If at the meeting we decide that the idea is at a stage where we can start work on commercialisation, we first offer a survey of the market, competitors, and patent situation. The focus and outcome depend on the idea. The input required for the survey is a description of the idea in which you describe the idea in some detail.
On the basis of the idea description and the survey, among other things, we consider the best way to proceed with the idea. Many aspects are weighed in: your ambitions, the state of the market, etc. At this stage there are often more questions than answers. However, our business development process focuses on doing things in the right order and finding out the right things first. To help us in this we have some verification funding available. For more information, see Funding.
Once the most important questions have been answered and a basic business idea or value proposition has been established, the focus of the work turns to getting in place the pieces of the jigsaw that are still needed to start a company or close a licensing deal. These aspects vary from one project to another.
In terms of funding at this stage, it is possible to apply for verification funding, and funding may be available from other sources as well. We have collaborations and a broad network, and can guide you through this process. In projects for which we have a research agreement, a certain amount of money can also be invested from out holding company, LU Holding AB.
Once a project is ready for company formation, we guide you to other parts of the innovation system locally, regionally and nationally. Funding at this stage may include IKS Accelerator support. We can also provide advice on other possible funding sources. In projects for which we have a research agreement, we help with all the agreements that are needed to start a company or sign a licensing deal. Usually we also join the board.
Get in touch!
Contact us with a brief description of your idea or make an appointment with one of our business developers, who will help you decide how to proceed.
Johanna Asklin, tel: +46 706 98 57 00
johanna [dot] asklin [at] innovation [dot] lu [dot] se
Life science - Cancer
Annie Chandy, tel: +46 40 39 11 55 or +46 702 46 97 97
annie [dot] chandy [at] innovation [dot] lu [dot] se
Life science – LUDC
Simon Jegou, tel: +46 46 222 30 92 or +46 70 387 54 28
simon [dot] jegou [at] innovation [dot] lu [dot] se
Helena Ljusberg, tel: +46 46 222 12 72 or +46 703 49 49 85
helena [dot] ljusberg [at] innovation [dot] lu [dot] se
Chemistry, biology, food technology, life science
Maryam Olsson, tel: +46 46 222 12 89 or +46 730 42 78 82
maryam [dot] olsson [at] innovation [dot] lu [dot] se
Physics, design, social innovations
Sven Olsson, tel: +46 46 222 12 78 or +46 708 86 20 00
sven [dot] olsson [at] innovation [dot] lu [dot] se
Electrical and biomedical engineering, computer science
Thomas Rundqvist, tel: +46 46 222 12 66 or +46 702 19 70 72
thomas [dot] rundqvist [at] innovation [dot] lu [dot] se
Materials and production engineering