Funding for early commercialisation projects
We help you find the right financing for your idea.
To evaluate and develop research-based ideas and business concepts often requires money as well as other resources. You may need, for example, to finance patent applications, conduct preliminary market research and technical verifications.
We can help to find different forms of financing and we can advise and assist you with applications and contacts.
Contact a business advisor at UU Innovation to learn more about the options available and what may suit your idea or project.
Need funding to evaluate your idea?
Do you need funding to commercialise or to create impact in some other way from your idea or research project? UU Innovation offers funding that enables many key activities that do not fit with traditional research funding. The goal is to take projects closer to commercialisation, prepare them for additional funding or for establishing partnerships with industry.
Below are examples of funding opportunities handled by UU Innovation.
Funding for risk mitigation in early stages of commercialisation
VFt Funding Programme
This funding programme is aimed at streamlining the early stages of commercialisation and implementation of research results. The VFT programme is administered by UU Innovation and the funds are allocated to the development and showing proof of concept for innovative ideas from both researchers and students. The maximum funding per project is 300 KSEK in grants paid in installments to iteratively verify key activities that do not fit with traditional research funding. Those activities include for example:
- Analysis of customer needs
- Verification of the production method
- Analysis of regulatory and legal requirements
- Technical verification designed to minimize project risks
- Patents and/or trademark protection
- Building teams
- Stakeholder agreement
Exploratory Funding Programme - Life Science
The Exploratory Funding Programme, EFP aims to stimulate and accelerate commercialisation of research within Life Science.
The EFP supports activities needed to explore and prepare your research project towards a potential commercialisation phase. The money can also be used to prepare cases for industry collaborations, implementation into the healthcare system or to strengthen innovation and impact aspects of grant applications.
The money cannot be used for pure research activities.
The Innovation Foundation of Handelsbanken Uppsala offers scholarships for early development of business ideas based on research at Uppsala University. Scholarship applications are administered continuously by UU Innovation.
Find other funding opportunities
UU Innovation works actively to identify additional funding opportunities for early commercial development of research. Our business advisors provide advice and assistance with applications for calls within, for example, Vinnova programmes such MedTech4Health and SWElife, as well as larger EU programmes such as EIT Health and EIT Raw Materials.
An extra boost for your project!
Have you received funding from the VFT funding programme? Congratulations! Now you can also get more help through a Value Creation Forum, which gives you the possibility to develop your business model and sharpen your pitch.
Uppsala University has a holding company, UU Holding AB, which is an early investor in researchers’ and students’ ideas in return for a share of future profits or for shares in existing or future companies.
It is through the holding company that the university can contribute to the licensing of new technology and establishment of new research-based companies. UU Holding may invest up to one million and investments are made entirely on a commercial basis.
UU Holding’s and UU Innovation’s activities complement each other and the organizations work closely together to provide ideas from the university with the best possible conditions for commercial success.
- Companies in the portfolio: 50
- New investments: 5
- Companies formed since start: 97
Portfolio companies together attracted more than SEK 1 billion in external investments.
Figures from 2017.
Impact of research in applications
Writing competitive research applications is a challenge - time is often short, there are many questions, as well as persons and parties, involved. For some forms of research, such as EU funding, you need to describe in the application how the research will be utilised and how it will create benefits – i.e. impact - for society.
Here, we at UU Innovation can help. We cooperate with the University's research secretaries and EU coordinators and together we cover as many aspects as possible. In this way we can create the best possible conditions for research and give you the optimal flexibility to use your research results in the long term. The ability to utilise research commercially is often dependent on the way it is funded and who owns the rights to the results.
From UU Innovation you can get help with, amongst other things:
- tips and advice on different calls
- help in finding the right partners - business and/or organisation - for your application
- help to identify and describe what can be utilised, how and when
- help with issues surrounding the ownership and management of IP
- advice on resources, activities, roles, scheduling and financing of research utilisation
- advice, tools and inspiration for research utilisation
A useful tip
Remember to contact the university's research secretaries, EU coordinators, or us, in good time, for the best assistance with your application.
In Medarbetarportalen you, as a researcher at Uppsala University, can find current calls from both Swedish and international financiers.