2015-10-07 08:23Press release

​Major investment in Stockholm region life science companies

The next five years will see a major investment to increase the life science companies in the Stockholm region. The aim is to double the number of identified companies which are ripe for investment.


The City of Stockholm's work to increase the level of investment in the region's life science companies will intensify over the next five years. Development of the method used to identify innovative companies looking for international investment and cooperation will strengthen the region's competitiveness.

"The investment means that we can highlight several exciting and powerful life science companies in the region that are looking for international investment and cooperation," says Ylva Hultman, Business Development Manager at Stockholm Business Region Development.

The investment has been enabled through project financing from the Swedish Agency for Economic and Regional Growth of just under SEK 7 million ( in total SEK 13 million) in order to develop the identification of and information concerning life science companies that are ripe for investment. There is currently a digital platform, the Life Science Investment Hotlist, which consists of 47 selected companies. The platform is a tool for investors who are looking for investment opportunities within life sciences.

Stockholm Business Region, with its subsidiaries Stockholm Business Region Development and Stockholm Visitors Board,  is the official investment and tourism promotion agency for the Stockholm region.  Stockholm is one of Europe’s most dynamic sustainable regions. Stockholm Business Region is fully owned by the City of Stockholm. Our common brand is Stockholm – The Capital of Scandinavia.

www.stockholmbusinessregion.se
www.visitstockholm.com
www.investstockholm.com


About Invest Stockholm

Invest Stockholm is the official investment promotion agency of Stockholm. We work with the marketing and development of the Stockholm region as a business destination under the brand Stockholm – The Capital of Scandinavia. Invest Stockholm is a subsidiary of Stockholm Business Region, owned by the city of Stockholm. www.investstockholm.com www.visitstockholm.com www.stockholmbusinessregion.com


Contacts

Anna Gissler
CEO, Invest Stockholm
Anna Gissler