Swedish Agency for Economic and Regional Growth

Overview

The Swedish Agency for Economic and Regional Growth, known as Tillväxtverket, is a government agency under the Ministry of Climate and Enterprise. Its mission is to promote economic growth and regional development across Sweden by enhancing the competitiveness of companies and fostering sustainable development. The agency manages and distributes funds from the European Social Fund and the European Regional Development Fund to support projects that stimulate growth and employment. Tillväxtverket offers knowledge, networks, and investment opportunities to create conditions for companies to meet future challenges. It operates in three policy areas: enterprise policy, regional development policy, and rural policy. The agency has approximately 500 employees and offices in Arjeplog, Gävle, Gothenburg, Jönköping, Luleå, Malmö, Örebro, Östersund, and Stockholm, where its headquarters are located. In addition to its primary tasks, Tillväxtverket is responsible for two EU funds—the European Regional Development Fund and the Just Transition Fund. It also runs the website Verksamt.se, which provides digital services to enhance the competitiveness of companies. The agency's work includes facilitating entrepreneurship, creating attractive environments for businesses in various regions, and supporting the development of relevant skills to meet future challenges. Tillväxtverket's investment activities include providing funding in the form of grants and loans to companies at various stages of development, from seed to late stage. The agency's investments focus on sectors such as technology, healthcare, manufacturing, energy, agriculture, tourism, transport, construction, retail, financial services, education, media, telecommunications, real estate, and food and beverage. Investment sizes range from €25,000 to €1,000,000, depending on the project's scope and potential impact. Through its comprehensive support and funding programs, Tillväxtverket plays a crucial role in strengthening Sweden's economy and ensuring sustainable development across the country.

Investment Focus

• Projects that promote growth and employment
• Sustainable development initiatives
• Entrepreneurship and innovation projects
• Regional development programs
• Digitalization and green transition efforts

Portfolio Companies