Swedish government wants to help deeptech startups secure EU funding

The Swedish government wants to make it easier for Swedish deeptech startups to successfully tap into the European Union's various grant and funding schemes for innovative startups.

In December last year, the two government agencies Tillväxtverket and Vinnova were tasked with launching an initiative dedicated to support deeptech startups from Sweden when navigating through the sometimes complex application procedures. As Computer Sweden reports (paywall), this work has just kicked off.

The goal is to offer startups from relevant sectors that want to apply for EU funding, a point of contact and knowledge base to increase their chances for successfully securing financial support from the EU. This support can be as sizeable as, for example, €2.5M in grants or €15M in equity funding for AI startups, says Henrik Storm Dyrssen of Tillväxtverket.

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