Development of validation (VFT-1):
| Reference number | |
| Coordinator | Uppsala universitets Projekt AB |
| Funding from Vinnova | SEK 17 650 000 |
| Project duration | December 2017 - December 2022 |
| Status | Completed |
| Venture | Universitets och högskolors strategiska utveckling av samverkan |
| Call | VFT 2018-2019 |
Important results from the project
Vinnova´s funding program Validering för tillämpning (VFT) is handled by the innovation offices at Swedish universities to accelerate the valorisation of knowledge assets stemming from academia. During the project period 20180101 20220630, 111 projects in verification phase were granted VFT1 funding to perform risk eliminating activities and 10 projects were granted VFT+ funding (of which 7 also were VFT1 projects). In total, 266 different VFT activities were granted (verification of market, technology, IP, feasibility, regulatory strategy and legal advice).
Expected long term effects
Since the VFT programme started in 2012, UU Innovation has granted 29 mSEK in VFT1 funding to more than 210 unique ideas. At the end of this project period these ideas had invoiced costs of in total 25 mSEk. Out of the 210, almost 100 projects have stared companies. In addition, a number of licensing deals of technologies and IP to external parties as well as sustainable implementations of innovative solutions have been made.
Approach and implementation
UU Innovation has a well-functioning process to identify, evaluate and develop innovative ideas, where the VFT funding constitutes a critical component. Application, performance and evaluation of VFT funded activities are made in discussion with our business and IP advisors. Representatives from UIC and UU Invest AB are part of the VFT decision board and contributes with valuable perspectives. National meetings to exchange experiences between innovation offices are central to maintain quality and continuously develop our work.