Strengthening Sweden's innovation capacity
Innovation is needed throughout the whole of society to contend with social challenges and to strengthen Sweden's competitiveness. For this reason, our efforts cover many areas of society in both the private and public sectors.
The opportunity to experiment
We provide financing in the early stages of innovation processes where the risks are great and where projects would generally not get off the ground without government aid. We provide the opportunity for enterprises and organisations to experiment and test new ideas before they become profitable.
Innovation is born out of interaction
Innovation often occurs where knowledge and skills from different areas interact and where organisations learn from each other. For this reason, most of our efforts are about stimulating collaborations involving universities and other higher education institutions, research institutes, enterprises and public services working together to develop new solutions.
Social challenges a driving force
Our efforts are aimed at developing new solutions to major social challenges, such as the transition to a sustainable society or the challenges of an ageing population. Challenges are an important driver for innovation.
It often takes many years before investments in research and innovation have an impact on the economy. This is because it takes time for new knowledge and new ideas to be translated into finished products, services or production methods. It also takes time before they reach a market or are disseminated and have positive impacts. What we do today lays the foundation on which Sweden's future prosperity and societal development depend.