Apr 22 2016
Business Development Grants for Internationalization 2016-2017
A business development grant could make it easier for your business to reach new international markets faster. Business development grants are for SMEs wanting to expand into a new, international market or to further expand their international market. The grant is intended to contribute to the sustainable growth of your business.
Who can apply?
• Does your company have its headquarters in Stockholm county?
• Does your company have 2-49 employees?
• Does your company have annual sales of at least SEK 3 million? (Refers to your most recent annual accounts.)
• Is your economy in good order?
• Do you have an existing product/service that you want to internationalise?
• Do you need to hire external expertise for your internationalisation?
If you answered Yes to these questions, you are welcome to send in an expression of interest.
What can I use the grant for?
• Purchasing services
• Project-based recruitment (subsequent to a decision, that is, the position must add new skills to the company)
How much money can I apply for?
You can apply for a business development grant of SEK 50,000–250,000. You must set out what your total cost will be in your expression of interest. You can then receive a grant to cover up to half of this cost. Your company must pay for the remainder of the cost.
How do I apply?
You first send an expression of interest to Länsstyrelsen Stockholm. You’ll find the application form here >>
More exact information about where to send it is stated in the application form.
If your project then progresses beyond the assessment team stage, you will be invited to submit an application for a business development grant.
What does internationalisation mean?
Internationalisation means moving into an international market, that is, preparations for import or export. If you are looking to start selling your products or buy products from abroad, a business development grant could assist you in reaching new markets. Business development grants have existed since 2012 and are financed by the Swedish Agency for Economic and Regional Growth.