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Innovationpower to Västerbotten and Norrbotten

Reference number
Coordinator LTU BUSINESS AB
Funding from Vinnova SEK 6 169 571
Project duration November 2017 - April 2020
Status Completed
Venture 2017-02645-en
Call 2017-02724-en

Purpose and goal

The aim of the project was to increase the number of innovations that were commercialized and to contribute to an increase in new companies, by offering effective and inclusive innovation support to innovators in the region. The strong inflow of 367 ideas and conversion to actual commercialization (54) indicates that there really is a need to offer private individuals qualitative and effective support of early ideas. Our experience is that this gives the idea owner the confidence to take the idea a step further and carry out a evaluation if there is a market potential.

Expected results and effects

Innovation consulting 367 ideas (vs 387) Verified ideas: 262 (vs 221) Percentage of female ideaowners: 33.5% (vs 33%) 54 ideas are commercialized The project has contributed to increased entrepreneurship and the commercialization of innovations. It has also proven that there is a strong innovation force in the target group of private individuals, and that they need support with their early ideas to move forward. Since we have worked with ideas in the early stages, it is our expectation that many of the ideas will be commercialized in the long term.

Planned approach and implementation

Offering individual consulting to the target group with verificationmeans is an effective way to get more people to test whether their idea has business potential or not. Our experienced advisers have had the opportunity to tailor marketing- and technology verification activities to meet the individual´s capacity and the needs of the idea. The target group is diversified and we have consciously worked with our tonality to attract a broad target group. We have developed our processes in terms of sustainability focus, distance bridging technology, communication and collaboration.

The project description has been provided by the project members themselves and the text has not been looked at by our editors.

Last updated 17 July 2020

Reference number 2017-03666

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