Innovation and entrepreneurship

The foundation of entrepreneurship is an ability to see business opportunities in innovation. The interplay between research and commercial entrepreneurship is therefore a highly important factor for building new growth companies. The link between research, academic knowledge, and business creates a bridge which offers benefits from applied research and innovations.

Networking
One key factor for entrepreneurial success in the commercialisation of innovations is to network and create a relevant network of contacts. New companies are often started in the area where the entrepreneur is already living, researching or working. However, as a result of globalisation, the road to rapid international expansion is increasingly important to create a competitive product, and this makes it necessary to establish business in an area with an international focus.

Complete support system
Kista Science City is statistically one of the most successful regions in Europe in terms of creating new technology companies. Networks and entrepreneur programmes are in place, along with support systems needed by small growth companies to both grow and strengthen their competitiveness. The area is aware of the needs of entrepreneurs, and is able to satisfy these needs. A combination of the access to know-how and skills and established companies in the field creates an optimal support system for new entrepreneurs in Kista Science City!

A support system for entrepreneurs on several levels
In Kista Science City the issue of support for entrepreneurship is pursued on several levels, and in various arenas. The Electrum Foundation has a strategic responsibility to create the best possible platform for new entrepreneurs in the region through its Strategy Council for Higher Education, Skills-Provision, and Entrepreneurship.

Kista Science City is active in several subsidiary issues that create conditions for new growth companies to be competitive, such as networking collaborations, meeting places for knowledge exchange and cooperation with established businesses in the region.

In concrete terms, Stockholm Innovation & Growth works with incubating innovations, and has a support system including qualified entrepreneur programmes, channels for venture capital, and business coaches with extensive, documented experience. The unit actively supports business processes and the various stages that transform innovations into global export companies.