X-House
| Reference number | |
| Coordinator | Stockholm Innovation & Growth AB |
| Funding from Vinnova | SEK 216 000 |
| Project duration | October 2012 - April 2013 |
| Status | Completed |
Purpose and goal
The purpose was to investigate the possibility of creating a hotspot in Stockholm for startups with global visions - a co-working space and a meeting place, with the ambition to be ready for implementation. By focusing on finding the right location, partners and business model the potential of realizing ´X House´ is now looking bright. There is a great interest and need of ´X-House´. Once the financing is completed, the project is ready to be implemented: ´X-House AB´.
Results and expected effects
We have found the appropriate location in central Stockholm, in cooperation with AMF Fastigheter. We have created a strong team that wants to realize ´X-House´, formed an adequate business model and identified, and found, some of the key partnerships that can contribute both with funding and credibility. Schibsted Growth Media and MTG want to be partners. We have also extensive partner discussions with North Zone and Creandum. Year 1, we need approx. partner revenues of 2.5 million.
Approach and implementation
What has been most time consuming, and key in this project, was to find a suitable facility - with a price and address that work. Furthermore, much time has been put on shaping a strong team, which is necessary to attract both partners and property owners. Interviews and meetings with startups and other key people in the startup community and mapping ´best practice´ has also been important to get a good idea of how the ´X House´ concept should be designed to be successful.