LU Innovation has various ways in which it can help fund research-based innovation projects. Through contact with our innovation developers, you will learn more about what might suit your project, and how to proceed.
The support measures are based on the progressive development of the project. In addition to these three financial support oppurtunities and equity capital, we also help find external investors who can provide financial backing to projects and companies.
Verification for Collaboration - up to SEK 150 000
VFS (Verifiering för samverkan) is a grant to encourage collaboration between academia and society i.e. public organisations, non-profit organisations/trusts and companies. The grant offers support to initiate new collaborative projects.
The primary purpose of the VFS-program is to create value for both parties in collaboration by creating an incentive for the academic partner to participate.
Verification for Growth - up to SEK 300 000
The Verification for Growth program (in Swedish Verifiering för tillväxt - VFT) aims to verify and validate research-based business concepts and establish the most suitable strategy for further commercialisation. Examples of activities:
- Needs analysis for customers.
- Verification of production method.
- Analysis of regulatory or legal requirements.
- Technical verification that aims to minimise project risk.
- Costs of patents and/or trademark protection.
Accelerator - up to SEK 300 000
Investment to help companies that have clear growth potential with operational reinforcement to accelerate the path to the market. For student projects, accelerator investment is available up to 200 000 SEK.
Test support - up to SEK 10 000
Financial support in the form of a scholarship, aimed at students making an early assessment of an idea. Examples of activities are market research, legal aid, news review, or help with a graphic profile.
Leapfrogs is a scholarship that gives students at Lund University, Malmö University, Kristianstad University and Blekinge Institute of Technology the opportunity to work full time with their business idea during the summer months. Scholarships corresponding to study grants are paid out over three months, and participants also get access to coaching and inspirational activities.
Through LU Holding we can also provide financial support in the form of equity capital. By investing in a company, we show that we believe in it. This also makes it easier for other investors to follow our example and put money into the idea. In order for us to invest in a company, it must be scalable, unique, and have major growth potential. In addition, it requires a strong and enterprising team. Our aim is to own a maximum of 20 percent of the company.
For further information about financial support, please contact one of our innovation developers.
For questions regarding equity capital and company investments contact christine [dot] widstrand [at] innovation [dot] lu [dot] se (Christine Widstrand), CEO LU Holdning.
Not really research-based?
For ideas that are entrepreneurial and close to the market but that lack a connection to research-based knowledge, there are other support structures in the region, such as:
Nyföretagarcentrum Lund webpage
Uppstart Malmö webpage