FAQ
Swedish Incubators & Science Parks

WHAT IS A BUSINESS INCUBATOR?

Incubators assist entrepreneurs with active and appropriate management, technical, commercial and financial network as well as a creative growth environment. The process of incubators aims to provide knowledge companies with innovative approaches to economic development that in turn accelerate business growth. An incubator provides effective tools for new companies in tomorrow’s industry.


SISPs member incubators:

  • evaluate approximately 4,000 business ideas on a yearly basis
  • has nearly 800 companies (of which about 200 projects) in their environments 
  • employs 3,500 people in the incubator companies (of which about 1000 in incubators)
  • include nearly 150 companies that annually attracts venture capital 

Incubators differ from science parks (research and technology parks) in their dedication to startup and early-stage companies. Science parks, on the other hand, tend to be large-scale projects that house everything from corporate, government or university labs to very small companies. Most research and technology parks do not offer business assistance services, which are the hallmark of a business incubation program. However, many research and technology parks house incubation programs.

WHAT IS A SCIENCE PARK?

A science park is a stimulating meeting place for academia, research, the public sector and the industry. A science park manages and stimulates the flow of technology and knowledge amongst universities and research, development institutions, and companies on the market.

Most of the companies in or around a science park are SMEs but the trend is that more and more large corporations connect to the open innovation arenas that the science park provides.

SISPs member science parks are:

  • Housing more than 4000 companies connected to the parks 
  • Platforms for entrepreneurship and business development
  • Nodes of innovation systems, clusters, test beds, etc.
  • Increased focus on stimulating and supporting development projects / Open Innovation

 

Swedish Incubators & Science Parks (SISP) is Sweden´s national association for business incubators and science parks. SISP is a non-profit association with national coverage, its 65 members (organizing 43 business incubators and 33 science parks) having 5000 companies with more than 70 000 employees. Focus is to stimulate growth in knowledge-based companies.

SISP‘s members operate more than 70 creative environments, offer business development, work with clusters, industrial project development arenas, seed capital funds, accelerators and more - effective collaboration with industry, public sector, universities and institutes.

SISP support and facilitate cooperation and development among its members, partly through national development projects. With SISPs national perspective of the innovation system it also keeps a development dialouge with policy makers and working for the best possible conditions for the industry and foremost for innovators, researchers, entrepreneurs and companies – in order to foster innovation and growth. Our story