2020-03-05 06:57Press release

Stockholm takes action for a more inclusive startup sector

Photo: Helén Pe, mediabank.visitstockholm.comPhoto: Helén Pe, mediabank.visitstockholm.com

Stockholm is launching a new program aimed at reducing the inequalities on the startup scene. With Stockholm Scaleup Program, Stockholm offers female foreign-born entrepreneurs the opportunity to grow their business with support and advice from experienced mentors within the Stockholm startup ecosystem.


“Stockholm is already a frontrunner when it comes to creating a more gender equal society. Together with over 100 companies including unicorns like Spotify, Klarna and King, we have declared the city “A Woman’s Place” to support equal opportunities for women and men. Now, with the Stockholm Scaleup Program, we take the next concrete steps towards a more inclusive and equal startup scene”, says Anna König Jerlmyr, Mayor of Stockholm.


The program provides participating companies with tailor-made advice on their growth strategies, knowledge-enhancing workshops, and opportunities to meet with investors, mentors and relevant networks.


“Studies show that foreign-born women entrepreneurs are likely to hire at a faster rate, grow their business organically and create viable companies. However, they are underrepresented among the companies that receive funding, which reduces their ability to scale up their operations. With the Stockholm Scaleup Program we want to further the conditions for these entrepreneurs to develop their companies and contribute to the growth in Stockholm, says Ariane Pousette, Project Manager for startups at Invest Stockholm.


In total, 100 companies will undergo the program, which is run by Invest Stockholm together with the surrounding municipalities Botkyrka, Nacka and Sundbyberg, and with funds from the Swedish Agency for Economic and Regional Growth.


For more information, please contact:

Veronica Eriksson, Project Manager, Stockholm Scaleup Program, Invest Stockholm

+46(0)76-122 80 62, veronica.eriksson@stockholm.se


About Stockholm Scaleup Program

Stockholm Scaleup Program is a unique program for women who have chosen to grow their business idea in Stockholm. Running over two years, 100 female run businesses in Stockholm will be accepted to the program. The program is run by Invest Stockholm together with the municipality of Botkyrka, the municipality of Nacka and the City of Sundbyberg as partners and with funding from Tillväxtverket. You can apply to the program if you are a female entrepreneur not born in Sweden and if you run a business that you wish to scale up.

Stockholm Scaleup Program

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.