WelcomeTo 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

Robertsfors

Umeå

Skellefteå

Vindeln

Vännäs

Nordmaling

Lycksele

Norsjö

Malå

Åsele

Dorotea

Vilhelmina

Storuman

Sorsele

Bjurholm

The County of Västerbottenis our working area

258 000 inhabitants55.2 km2 (1/8 of Sweden)0.4 – 48.4 inhabitants per km2

80% lives by the coast15 municipalities6 airports

Organisation

Governor Chris HeisterSince march 2008.

Nominated by the Government for a period of six years.

The County Management

Deputy Governor Birgitta Heijer

Communicationssecretariat

Governor’s secretariat

Deputy Governor

Internal auditor

Internationalsecretariat

Admi-nistra-

tive

FinanceIndustry

andcommerce

Legal

Natureconserva-tion andmanage-

ment

Environ-mental

manage-ment

Environ-mental

protection

Societydevelop-

ment

Social environ-

ment

Governor Advisory councilReindeer herding

delegation

The County Administrative Board

N i n e u n i t s

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

- 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: Financing solution:Redevelopment of business property 600 000 Grant, max 50 % 700 000Machinery/equipment 600 000 Equity/bank 700 000Marketing activities 200 000 Norrlandsfonden*Product R&D 0 ALMI*

Total costs 1 400 000 Total 1 400 000

* For large investment projects loans from Norrlandsfonden or ALMI are possible.

B Bac

Regional Grant for Business Developing

Regional Investment Grant(SFS 2007:61)

• 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

Differences to Regional Grant for Business Developing, mainly:

B Bac

Please, take a brochure (in English)

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: Finance:Market analysis (consultant) 35 000 Innovation cheque (50 %) 50 000Patent, patterns, trademarks 15 000 Loan from bank 0Material costs 0 Private co-financing 0 Consultancy costs 0 Salary costs* 50 000Salary costs* 50 000 Total costs 100 000 Total 100 000

* Max 220 SEK/hour (standard amount)

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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: Finance:Design (consultant) 295 000 Innovation grant (appr. 35 %) 455 000Animation (consultant) 300 000 Loan from bank 0Material/test equipment 50 000 Venture capital 500 000Patent, trademarks 55 000 Equity/internal financing 345 000(Total external costs 700 000)Wages*/own programming 600 000 Total project costs 1 300 000 Total financing 1 300 000

* Salary costs recorded in the company during the project period

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Thanks for listening