© Perry Nordeng

Opportunities - for your company

Lund has a university that is consistently ranked among the world's hundred best and a number of large companies. The city of Lund is also home to an innovation system with many players who further accelerate the emergence of new ideas and companies – including one of Sweden's six innovation platforms for sustainable and smart cities.

Ultrasound, Bluetooth, asthma medicine, Hövding bike helmets and the artificial kidney - all are innovations that have come from Lund. Lund’s world-leading university is one of the main drivers of innovation, but Lund also has a tradition of working with innovations and an innovation system ready to receive the new ideas that emerge.

History was made in 1983 when the first companies moved into the incubator that would become the Ideon area. Ideon Science Park is Sweden's first research village and today houses around 400 companies, particularly those focused on science, sustainability and technology. It is run by Wihlborgs Fastigheter AB, Lund University and Lund Municipality, and is a meeting place for innovators, entrepreneurs and venture capital.

Since the start of Ideon, Lund’s innovation movement has gained momentum and there are many arenas that work to boost the region's innovation strength.

Lund Municipality runs two of these arenas - Future by Lund and The Creative Plot. Future by Lund is a platform that works for smart and sustainable solutions for growing cities, and is one of six innovation platforms in Sweden. It is funded by Vinnova and Lund Municipality and consists of about 70 organizations from academia, city and industry that together create an innovation culture and offer Lund as a test bed for new ideas. Projects that seek to make the future both easier and more sustainable – such as a free network for those who want to test innovations in the Internet of Things and a test track where electric cars can be charged on the go – are gathered on Future by Lund. The Creative Plot works in cultural and creative industries.

Ideon Innovation offers resources and expertise in business development, management and financing, primarily for technology-based companies. In 2017, Ideon Innovation launched The Yes Way, an initiative to create new platforms for women’s ideas, networks and business development.

LU Innovation is responsible for innovation and commercialization at Lund University and seeks to ensure that research leads to growth in Sweden. The services are freely available to researchers and students from all faculties at Lund University. LU Innovation also participates in Innovationskontor Syd, which is a collaborative project between universities in southern Sweden.

VentureLab is part of LU Innovation and is for students who want to turn their ideas into a business.

Lund Bioinkubator supports the growth of life science companies. It is located at the Biomedical Centre.

Medicon Village is a six year old science park, offering a unique environment for life science, integrating research, innovation and enterprise to create value for human health and well being. Today more than 1.600 persons work at Medicon Village and 120 organisations are present. Members of Medicon Village are represented in areas as prevention, diagnostics and healthcare, but also different disciplines such as biotech, medtech, pharma, nanomedicine and e-health. Medicon Village facilitate cross-border collaboration between representatives from academia and the healthcare sector as well as members of the business community.

Smile Incubator started as Lund Life Science Incubator (LSI) 2012 and is located at Medicon Village. It is aimed at helping entrepreneurs and start-ups develop and commercialize new ideas in life science.

Venture Cup is a competition for entrepreneurs. Since its inception in 1998, it has helped to realize over 15,000 ideas.

Ideon Open is a neutral incubator for all entrepreneurs in all phases of their businesses and is part of Ideon Science Park.

Water Innovation Accelerator, WIN, is a corporate network that wants to bring water-related innovations to the market.

Stenkrossen is a workshop and workspace for projects in art, culture and innovation, run by Lund Municipality’s department for cultural activities.

Innovation Skåne offers business advice in all industries to entrepreneurs, innovators, researchers and others with good ideas.

The major research centers ESS and Max IV, as well as the adjacent Science Village Scandinavia, are expected to be important nodes for future developments.

Other associations that are important to the Lund region are the regional cluster initiatives Skåne Food Innovation Network, Sustainable Business Hub, Packbridge, Resilient Regions Association, Media Evolution, Mobile Heights, IUC Syd, Medicon Valley Alliance, Swedish Maritime Technology Forum and the Swedish hospitality sector cluster (BFUF). Several of them are part of Future by Lund. This is true also of the private initiative Cleantech Scandinavia.

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