Transcript Regional Business Grants

Welcome
To the
County Administrative
Board of Västerbotten
The County Administrative Board
Public authority
Represents government and the Parliament
The best interest for the County
An authority with knowledge and responsibility
for 13 policy areas
The County of Västerbotten
is our working area
Sorsele
Malå
Storuman
Norsjö
Vilhelmina
Skellefteå
Lycksele
258 000 inhabitants
55.2 km2 (1/8 of Sweden)
0.4 – 48.4 inhabitants per km2
80% lives by the coast
15 municipalities
6 airports
Dorotea
Vindeln
Robertsfors
Åsele
Vännäs
Bjurholm
Nordmaling
Umeå
Organisation
The County Management
Governor Chris Heister
Since march 2008.
Nominated by the Government
for a period of six years.
Deputy Governor
Birgitta Heijer
Reindeer herding
delegation
Governor
Advisory council
Internal auditor
Deputy Governor
Governor’s
secretariat
Communications
secretariat
International
secretariat
Nine
Administrative
Industry
Finance
and
commerce
Legal
units
Nature
EnvironconservaEnvironSociety
mental
tion and
mental
developmanagemanageprotection
ment
ment
ment
The County Administrative Board
Social
environment
Industry and
Commerce
- Regional Business Grants
Regional Business Grants
• Aim: increased growth & balanced regional development
• Encourage companies to invest for their expansion in our
county and make financing possible (applies for both
existing companies and start-ups)
• Applications for Business Grants are valuated according
to:
- decrees/by-laws in Sweden & EU-directives
- advices and guidelines from Tillväxtverket
(Swedish Agency for Economic and Regional Growth)
- priorities made by Länsstyrelsen
Regional Business Grants
To encourage new investments:
• Regional Grant for Business Developing (SME:s)
• Regional Investment Grant
• Grants for Commercial Service (country shops and
rural petrol stations)
To encourage innovation:
• Innovation cheque
• Innovation Grant
To encourage employment:
• Employment Grant (Tillväxtverket)
Labour-intensive companies planning extensive recruitments
(brochure in English available)
 Final
Regional Grant for Business Developing
(SFS 2000:283)
Investment Grant for
Small and medium-sized companies
(SME:s)
< 250 employees
(Not for agricultural enterprises or
enterprises in the fisheries sector)
Max 1,2 million SEK in Grant
Regional Grant for Business Developing
- Investment objectives:
• Buildings / facilities for permanent use
• Machinery / equipment (not vehicles)
• Product R&D
• Costs for marketing activities (new)
• Competence (related to above investments)
Regional Grant for Business Developing
Example – Support area A (the 10 inland municipalities):
Investments:
Machinery/equipment
Marketing activities
Product R&D
Financing solution:
600 000 Grant, max 50 %
600 000 Equity/bank
200 000 Norrlandsfonden*
0
ALMI*
Total costs
1 400 000
Redevelopment of business property
Total
700 000
700 000
1 400 000
* For large investment projects loans from Norrlandsfonden or ALMI are possible.
Back
Regional Investment Grant
(SFS 2007:61)
Differences to Regional Grant for Business Developing, mainly:
•
•
•
•
•
No limitation in size of enterprise
Lower share of Grant according to investment costs
No limitation of the amount of grant, no upper limit
Not possible to grant marketing activities
Tillväxtverket is managing authority for costs > 25
millions SEK & for applications from support area B
Please, take a brochure (in English)
Back
Innovation support
- State support for R&D and innovation in the
form of:
Innovation Cheque (max 50 000 SEK)
Refers to innovative projects in the very early
stages. Contributions up to 50 % of the cost.
Expenses can not exceed 50 % own work
(220 SEK/h = standard amount)
Example – Innovation cheque
Planned investment:
Market analysis (consultant) 35 000
Patent, patterns, trademarks 15 000
Material costs
0
Consultancy costs
0
Salary costs*
50 000
Total costs
100 000
Finance:
Innovation cheque (50 %) 50 000
Loan from bank
0
Private co-financing
0
Salary costs*
50 000
Total
* Max 220 SEK/hour (standard amount)
Back
100 000
Innovation Grant
• The aim is to finance development of new products or
services in early stages that are assessed to be able to
get corporate financial viability for the applicant company
• The developed result from the project are intended to
renew the business sector
• Grant: 25-45 % of funding needs (depending on
company size and investment objective), max 1,2 million
SEK per company and project
Example – Innovation Grant
Planned investment:
Design (consultant)
Animation (consultant)
Material/test equipment
Patent, trademarks
295 000
300 000
50 000
55 000
(Total external costs
700 000)
Wages*/own programming 600 000
Total project costs
1 300 000
Finance:
Innovation grant (appr. 35 %)
Loan from bank
Venture capital
Equity/internal financing
Total financing
* Salary costs recorded in the company during the project period
Back
455 000
0
500 000
345 000
1 300 000
Thanks for
listening