SISP‘s members operate more than 70 creative environments, offer business development, work with clusters, industrial project development arenas, seed capital funds, accelerators and more - effective collaboration with industry, public sector, universities and institutes.
SISP support and facilitate cooperation and development among its members, partly through national development projects. With SISPs national perspective of the innovation system it also keeps a development dialouge with policy makers and working for the best possible conditions for the industry and foremost for innovators, researchers, entrepreneurs and companies – in order to foster innovation and growth.
SISP was founded in 2005 through a merging of the two voluntary organizations SwedSpin (incubators) and Swede Park (science parks). These two compounds were working towards the same goal and to further strengthen the unions' position, bundling was a natural step. Plans to work more jointly took off in early 2005 and SwedSpin and Swede Park joined together and the new compound SISP - Swedish Incubators & Science Parks, was formed.
SwedSpin was formed in 1999 when several incubators realized that they could help each other in their activities. Earlier, the promoters created a project known as the Network X, which later converted to the non-profit SwedSpin - Swedish Start-Up Process & Incubator Network. The compound was a network of projects, incubators and organizations at Swedish universities and colleges. SwedSpin worked mainly to encourage and support students and researchers to realize their ideas as their own businesses.
Swede Park was established in 1989 as an association of Swedish research and technology parks, today more often called ”science parks”. The association offered a variety of services and amenities to make it easier for new companies at their early stages and to stimulate business development.
WHAT IS A BUSINESS INCUBATOR?
Incubators assist entrepreneurs with active and appropriate management, technical, commercial and financial network as well as a creative growth environment. The process of incubators aims to provide knowledge companies with innovative approaches to economic development that in turn accelerate business growth. An incubator provides effective tools for new companies in tomorrow’s industry.
SISPs member incubators...
... evaluate approximately 4,000 business ideas on a yearly basis
... has nearly 800 companies (of which about 200 projects) in their environments
... employs 3,500 people in the incubator companies (of which about 1000 in incubators)
... include nearly 150 companies that annually attracts venture capital
Incubators differ from science parks (research and technology parks) in their dedication to startup and early-stage companies. Science parks, on the other hand, tend to be large-scale projects that house everything from corporate, government or university labs to very small companies. Most research and technology parks do not offer business assistance services, which are the hallmark of a business incubation program. However, many research and technology parks house incubation programs.
WHAT IS A SCIENCE PARK?
A science park is a stimulating meeting place for academia, research, the public sector and the industry. A science park manages and stimulates the flow of technology and knowledge amongst universities and research, development institutions, and companies on the market.
Most of the companies in or around a science park are SMEs but the trend is that more and more large corporations connect to the open innovation arenas that the science park provides.
Together SISP's member science parks include:
- More than 4000 companies connected to the parks
- Platforms for entrepreneurship and business development
- Nodes of innovation systems, clusters, test beds, etc.
- Increased focus on stimulating and supporting development projects / Open Innovation