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Innovative Impact Startups autumn 2022

In this offer, we want to support companies that not only work with sustainability responsibly, but where the entire business idea is to contribute to solving a global societal challenge. Are you a newly started innovative limited company whose business offer aims to create measurable positive effects on any of the global societal challenges? If your business model is also scalable, the offer innovative impact startups can be something for you.

This web page has been machine translated. If there are any uncertainties, please refer to the Swedish text.

The offer in brief

What can you apply for?

Develop prototypes, develop the business model and sustainability strategies, verify customer value and willingness to pay, build customer relationships, develop partnerships and create strategies to protect the company´s new solution.

Who can apply?

Small, newly started limited companies that are younger than five years, have an annual turnover of less than SEK 2 million and have not distributed profits. The company´s business idea is to contribute to solving a global societal challenge.

How much can you apply for?

In this call you can apply for a maximum of SEK 300,000.

Important dates

  • The call in detail

    • Erbjudandet Innovativa Impact Startups is aimed at limited companies

      • younger than 5 years,
      • whose business concept is to contribute to solving a global societal challenge,
      • objective which aims to be long-term profitable in an international market
      • and who want to validate the solution and the company's business concept.
    • Activities for which funding can be funding for

      You can, for example, apply for funding to

      • develop and validate the deal
      • verify customer value and willingness to pay
      • build customer relationships
      • develop partnerships
      • develop prototypes, demos, proof-of-concepts, beta versions, MVPs and the like
      • develop intangible asset strategies
      • develop sustainability strategies

      Eligible costs

      Our funding is through funding. Funding for organizations that conduct financial activities is covered by rules on state support.

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      The rules govern, among other things, the types of costs and the proportion of them that may be covered by funding.

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      Government support for financial activities (companies)

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      Rules for eligible costs

      Prerequisites for a cost to be eligible is that it

      • is in fact, must be able to be proven and booked
      • has been obtained from the applicant company
      • has arisen during the project period and only for the implementation of the project
      • is reasonable and has been procured on a market term
      • is established in accordance with the company's standard accounting principles and generally accepted accounting principles
      • follows the applicant company's internal policies and guidelines, in particular with regard to environmental and climate impact.

      The following cost types may be used for the grant:

      • Salary of employees

      I Innovativa Impact Startups, you have the right to charge a "reasonable salary" for Vinnova's funding. The theoretical maximum hourly wage for which it is possible to receive funding is SEK 800 / hour (this corresponds to a gross monthly salary of SEK 134,400). We assess how well the salary level in the proposal is justified, not the salary level itself. It depends on the industry, competitive situation, access to special skills and the like.

      The salary cost must include gross salary and actual additional salary costs, for example social security contributions, compulsory pension provisions, compulsory insurance and contributions, and holiday pay. Taxable benefits should not be included.

      • Costs for purchasing licenses, research services, patents and consulting services used exclusively for theproject

      In order for the costs to be eligible, it is required that they have been purchased or licensed from external actors on a market term, and that the activity and scope are stated in the project description.

      • Purchase of instruments and equipment relevant to theproject

      The grant may only be used for the reduction in the value of the equipment during the project period, in accordance with current principles for depreciation.

      • Other direct costs incurred as a direct result of theproject

      There may be costs for travel, consumables, supplies and the like linked to the project.

      • Indirect costs

      Indirect costs (or overhead costs) may not exceed 30% of the company's staff costs within the project. All indirect costs within the project must be auditable and reported in detail if Vinnova requests it.

      An indirect cost is a cost that can not be directly linked to a specific cost bearer, but which is necessary for the implementation of the project. Examples of such can be costs for ordinary business premises, cleaning or costs for the company's finance department.

      Please note that tax costs such as VAT are not eligible (Vinnova does not finance tax costs).

      Patent fees to PRV are also not eligible.

      For more information on what costs we can finance, see Vinnova's guide to eligible costs.

    • Vinnova may provide funding up to 100 percent of the eligible costs in accordance with Article 22 (page 52) of EU Commission Regulation No. 651/2014 on General Block Exemptions ("GBER"), however, a maximum of SEK 300,000 (see also the section "Decision and term”).

    • In order for a proposal to be assessed and granted funding in Innovativa Impact Startups, the applicant company must meet all of the following formal eligibility requirements.

      The requirements must be met by the last application date of 23 August 2022.

      • Applicant company must be a Swedish registered limited company that conducts activities in Sweden.

      Foreign limited companies that have a Swedish branch are entitled to apply if the branch has a Swedish organization number and if the project is run by the Swedish branch.

      • Applicant companies must be younger than five years at Vinnova's decision 22 November 2022 (be registered with the Swedish Companies Registration Office no earlier than 22 November 2017).

      If the company is a newly acquired warehouse company, the age of the company is calculated from when the warehouse company was registered with the Swedish Companies Registration Office.

      • Applicant companies may not have more than 49 employees together with any partner and affiliated companies.
      • Applicant companies must, together with any partner and affiliated companies, have net sales or balance sheet total lower than SEK 2 million in the latest financial statements for the financial year 2021.

      If the company has never prepared a financial statement, it receives balance sheet turnover and balance sheet total, you may estimate net sales and balance sheet total for the financial year 2021. Please note that this estimate must also include any partner and affiliated companies.

      • Applicant companies may not be listed on the stock exchange.
      • Applicant companies may not have distributed profits.
      • Applicant companies may not have taken over another company's activities.
      • Applicant companies may not have been formed by a concentration (unless all the companies concentrated were younger than 5 years.)
      • Applicant companies may submit a maximum of one (1) proposal in the call.
      • Applicant companies may not have any other ongoing project or proposal for preparation within the program Innovativa Startups or Innovation projects in companies.
      • Applicant companies have not been granted funding earlier in the call Innovativa Startups.
      • The project manager for the project must be employed in or signatory for the applicant company during the project period.
      • Proposal contains sufficient information to be able to assess.

      The formal requirements are based on the EU definition of small and medium-sized enterprises and Article 22 (page 52) of EU Commission Regulation No. 651/2014 on general block exemptions (“GBER”) Vinnovas eligibility requirements for turnover and balance sheet total are narrower because we in this call for proposals will reach our intended target group.

    • What do we assess?

      I Innovativa Impact Startups apply the following assessment criteria.

      All applications that meet the formal requirements are reviewed and graded according to how convincing and credible the applicant is:

      Relevance

      • has written a proposal that meets the aimof the call. Proposal must clearly show in what way the company's business concept and solution can contribute to solving a societal challenge (see the section “What do we want to achieve with the financing?”)

      Potential - needs, target group and demand

      • described how the business idea and solution meets a need or demand that is linked to a societal challenge
      • described who benefits from the solution
      • described who will pay for the solution
      • described which positive societal effects are created by the business idea and the solution, how the possible negative sustainability effects of the solution can be minimized, and in what way the effects are to be measured
      • described which other actors, activities and / or regulations are strategically relevant for the solution to have an impact and contribute to system change
      • estimated the size of the market

      Solution

      • described a realistic solution to a real problem

      Customer benefit

      • described how the business concept and solution is innovative or significantly better than existing business concepts and solutions
      • described and quantified the benefits of the solution and how it facilitates for the customer, user or user
      • described how the solution contributes to increasing the customer's opportunities to contribute to a positive societal effect

      Business Strategy

      • described the business concept and business objectives
      • described an idea of a sales strategy and potential payment solution
      • described the competitive situation and a strategy to protect the solution against existing and future competitors
      • described an internationalization strategy
      • described which actors/ partners are crucial to have in order to succeed in tackling the challenge and be able to scale up the innovation

      Team

      • justified that the company has access to the skills, experience, networks and contacts required to achieve the goals of the project
      • justified that the team has a commitment in the form of reasonable working hours for the people required to carry out the project
      • described a gender equality strategy for the company and the team

      Implementation

      • justified that Vinnova's funding has a crucial role in the implementation of the project
      • described how the company reaches and engages customers, users, financiers and partners in the work
      • justified that the budget, plan and approach to the project are reasonable and relevant in relation to the project objective and the call's aim
      • described how the project is carried out in a sustainable and equal way

      How do we rate?

      All applications that meet all formal eligibility requirementsare assessed in competition with each other. Utlysningen Innovativa Impact Startups is similar to a competition where the applications that are judged to best meet our criteria are granted funding, as far as our budget is sufficient.

      Each proposal is assessed and graded by at least three specially appointed evaluator who are experts in the subject area relevant to proposal. Vinnova's evaluator comes from academia, the public sector, voluntary organizations and the private sector.

      All evaluator appointed by Vinnova with a reminder of the duty of confidentiality under criminal liability according to ch. 1 § st. 2 p. In the Public Access to Information and Secrecy Act (2009: 400). All evaluator are also obliged to notify Vinnova in advance if there is a risk of conflict of interest in any form in individual applications.

      Vinnova's formal decision is based on the assessors' score and statements.

      We do not accept additions to applications afterwards, unless we have requested them ourselves.

      We take credit information on companies that are relevant for funding, including any partner and affiliated companies.

      In assessing the applications, we prioritize the project that are judged to have the greatest potential to create growth and societal benefits in Sweden.

      Vinnova intends to finance a diversified portfolio with a balance of actors, areas and project orientations, preferably in different places in the country.

    • About our decisions

      Vinnova's provisions on state support are found in section 7 of the Government Ordinance (2015: 208) on state support for research and development and innovation

      Funding in this call for proposals will be granted with the support of Article 22 (page 52) of EU Commission Regulation No 651/2014 on General Block Exemptions ("GBER").

      Funding may also be granted with the support basis “ Support of minor importance” also called “de minimis support”, according to EU Commission Regulation No. 1407/2013. Applicant companies must then send in a certificate with an account of how much support of this type they have received in the last three years.

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      The basis for support is stated in the decision and also governs which costs are eligible.

      Our decision to grant or reject a proposal is not subject to appeal.

      Term for granted funding

      For funding, our general terms and conditions for funding apply. The terms include rules on project agreements, conditions for payment, follow-up, reporting and utilization of results.

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      Our rules and term for funding

      Supplementary special conditions can be decided for individual projects project.

      If you do not follow our term, you may be liable for a refund. This also applies if you have been granted funding incorrectly or with an excessive amount.

    • Vinnova has been commissioned by the government to promote sustainable growth by improving the conditions for innovation. Our work is based on the objective for sustainable development adopted by the UN in Agenda 2030

      The purpose of the Innovativa Impact Startups call is as follows:
      We want to give start-up companies that have developed solutions to the global societal challenges the opportunity to apply for funding in early development phases where other funding is difficult to obtain, due to the risks surrounding the company's business.

    • An impact company is a company whose entire business concept aims to solve one or more prioritized problems for people, the environment and society in a measurable way.

      The effects must occur intentionally and have a significant and lasting extent. Impact companies' focus and the very basic idea of developing innovations that create positive societal effects, at the same time as they can make money from the innovation.

      The company's basic idea should be to develop products or services that create positive societal effects.

      Impact = the whole business concept is to contribute to solving a global societal challenge

      Sustainability = the company works systematically and long-term in a responsible way

    • Who can apply?

      Limited liability company that is younger than 5 years at Vinnova's decision date.

      The company must be registered with the Swedish Companies Registration Office no earlier than 22 November 2017 and no later than 23 August 2022.

      I need help starting a limited company.

      At www.verksamt.se there is information on how to start a limited company.

      Can I come and tell you about our project?

      Unfortunately, Vinnova does not have the opportunity to provide personal advice on individual projects project.

      Advice is provided by other authorities and organizations, such as Almi or any incubator business, or the innovation offices at the universities.

      Can I apply for several calls at the same time?

      We do not allow companies to receive funding for different project in the same call for proposals.

      We do not allow companies to receive funding for the same project in different announcements from Vinnova or from other public financiers.

      There are no formal barriers to applying for different project in different calls at the same time. When reviewing the proposal, the motivation for the company's capacity to run two project parallel is assessed.

      Can I apply with a subsidiary?

      Subsidiaries may apply, but the requirement for a maximum number of employees and net sales / balance sheet total applies to parent companies together with subsidiaries, calculated on the basis of the number of ownership percentages in each company.

      The guide to the EU's SME definition contains examples of different ownership and help to calculate the data, from page 12 onwards: www. !!!!! 00022093.mask / 1

      We assess the motives for carrying out the project in a subsidiary. Vinnova's objective is not to start new companies, but to give start-ups with high-risk projects the opportunity to take the first development steps.

      Can I apply if the company is registered abroad?

      Companies that have a branch, place of business or a branch office with independent administration in Sweden may apply for funding, if the company has a Swedish organization number.

      Please note that the same formal eligibility requirements apply to the foreign company.

      The applicant shall attach the corresponding registration certificate for foreign companies to proposal.

    • Date
      Change
      17 Jun 2022
      Correction of requested figures for the financial year in which 2022 has been removed.
      15 Jun 2022

    This happens when the call is closed

    Once your proposal has been registered, we will email a confirmation to the person in charge of the user account and to the project manager and company signatory. This may take a few hours after the call is closed. If you have not received a confirmation within 24 hours after the call has closed, get in touch with us.

    When the call is closed, you can not change or fill in any new information. Then you can only complete your proposal if we ask for it.

    Who can read your proposal?

    Applications submitted to us become public documents. But we do not disclose information about the business, inventions or research results if it can be assumed that someone is suffering financial damage if the information is shown.

    This means that we must release the documents if someone requests them. However, we keep confidential the information that we believe could cause financial damage if it is disclosed.

    How we handle public documents and confidentiality

    Fund­ed pro­jects

    Reference number 2021-02358