SISP's CEO Magnus Lundin presents Sweden's the innovation culture, it's incubators and science parks and not at least business angel networks and seed capital funds.

1. Global CONNECT Summit
San Diego October 21, 2013
Magnus Lundin, CEO

3. Key points
§ Swedish innovation – investment & internationalization opportunity
§ SISP – a network of proactive science parks & incubators/accelerators
§ Cooperation angel networks (CONNECT) & seed capital funds
§ New forms of capital attraction – local/national, crowd equity etc.

4. 4
1/28 – EU Indicator of Innovation Output 2013
2/142 – Global Innovation Index 2013
2/131 – Innovation Capacity Index 2012
1/82 – Global Creativity Index 2011

5. Safety
match
Mobile telephony
Computer mouse
Dynamite
Ultrasound
Xylocain
AXE-switch
Blowtorch
Screw Celcius’ thermometer
Welding
propeller
Ball helmet
Skype
bearing
Tooth implants
Rear-facing child safety seat
Color screen
graphics for computers
Dialysismachine
AGA Lighthouse
Vacuum cleaner
Pacemaker Bluetooth
Losec
Tetra Pak
3-point
safety belt
Zipper
5
Hasselblads camera
Spotify Plastic plug
Adjustabel Modern
wrench refrigerator

6. 6

7. 7

8. But,
very
small
home
market…
0,14%

9. Swedish Incubators & Science Parks
Triple helix-based nodes in regional
innovation system
43 Business Incubators (accelerators),
33 Science Parks,
12 regional seed capital funds
Focus on processes, commercialization
and renewal of businesses
5000 growth companies with 72000
knowledge workers

11. History SISP
1983 – First Swedish science park (Ideon Science Park)
1989 – Swedepark – STP association
1993 – First Swedish business incubator (Halmstad)
1999 – Swedspin - business incubator association
2005 – Swedish Incubators & Science Parks, joint association
2011 – Operational office, CEO, service & development
company, strategic projects, national assignments (2014)

13. From ideas to successful businesses
Incubators
44 incubators in
program
25 with part gov.
financing
947 companies in
incubators
655 companies in
financed incubators
1/3-1/2 deemed high
growth potential

14. From ideas to successful businesses
Deal flow – corporate spin offs increase

15. From ideas to successful businesses
497 M SEK attracted to start ups in incubators
500000
450000
400000
350000
300000
National investors
250000
Internationell investors
Total
200000
150000
100000
50000
0
Private capital
Public capital
Total

16. From ideas to successful businesses
Start ups turnover 3,3 B SEK, 4 000 employees (2011)
NOT included M&A’s (60 in 8 years)…
• Polar Rose bought by Apple
• Illuminate Labs bought by Autodesk
• Scalado bought by Nokia
• System OK bought by NASDAQ-listed Sonic Solutions
• Syntune bought by Ignis, Finisar.

17. Thank you!
Swedish Business Incubators & Science Parks
sisp.se
@sisp
@magnusswede
magnus.lundin@sisp.se
linkedin.com/in/magnuslundinsweden