Verification funds for UIC companies

It is now possible for UIC companies to apply for up to SEK 25.000 for external expert services that are important for verifying a business idea or in other ways develop the company. (see below)

 

Seed investment of 500,000 SEK

Companies accepted to the business development program for registered companies (AB), are offered a seed investment of 0,5 MSEK from the Linnéa Capital fund.

Examples of possible verification activities:

  • Recruitment and team building
  • Access to networks and capital
  • Law, e.g. help with agreements
  • Communication and design
  • IP strategy
  • Purchase of market studies
  • Courses that strengthens operational implementation (sales, board work, business development, etc.)
  • Support for marketing activities: Travel costs and participation fees for trade fairs, customer and partner meetings, capital supply

Examples of not accepted verification activities:

  • Prototype and product development
  • Salary in the incubator company
  • Investments in intangible, tangible or financial assets e.g. fees for patent applications, equipment, fixtures and fittings, etc.

The verification activity is performed by an external consultant hired by UIC. This means that you do not have to handle any invoices.

Qualification requirements for the application
  • The company is accepted to UIC (UIC company), a maximum of one year has passed from the start of the latest program
  • Registered limited company

Application

In order to apply you need to attach a quote from the consultant that you want to perform the service. You need to find a supplier yourself, but we are happy to help with suggestions if needed. UIC’s partners have special offers for UIC companies.

You can only apply for one verification activity per application, and each application may include services to a value of a maximum of SEK 25.000. The support counts as state aid.

To apply for verification funds for UIC companies, click here.

Reporting

After verification is completed, the consultant must submit a written report that is shared with the company and your contact person at UIC. The company also writes a short report in which you describe the outcome of the activity.

Do you want to apply for verification funds?

If you want more information about verification funds for UIC companies or want to apply for the funds, don’t hesitate to get in touch.

Apply

UICs partners