GU Ventures Incubator - Verification
| Reference number | |
| Coordinator | GU VENTURES AB |
| Funding from Vinnova | SEK 8 750 000 |
| Project duration | March 2016 - February 2021 |
| Status | Completed |
Purpose and goal
The project has supported 31 companies in the GU Ventures incubator with funding for external costs related to verification activities that strengthened the company in business-critical areas, which was the purpose of the project. The project has contributed to a faster incubation process for the knowledge-intensive companies with great international potential that are included in the GU Ventures incubator, which was the goal of the project. We have fulfilled the project´s objective and also created routines and processes to be able to handle this type of fundings for the companies.
Expected results and effects
** Denna text är maskinöversatt ** The project has resulted in more of the knowledge-intensive companies in the GU Ventures incubator finding new markets, attracting more venture capital or building new skills in the companies that would not have been prioritized without the verification funds. This has had several effects in the form of the companies being able to take the next step in their development more quickly, attract more capital and find new business areas in an international market.
Planned approach and implementation
** Denna text är maskinöversatt ** We have identified critical issues where companies need extra resources to investigate and verify new markets and then created verification activities to answer / investigate the issues. The activities have followed the guidelines that exist regarding what the funds are to be used for: - External expert services - Purchase of market studies and analyzes - Participation fees for external educations - Participation fees for trade fairs -XBRX000- type of state support.