Background & Purpose
To keep the Swedish economy competitive, the government needs to allocate funds to research, innovation, and the support of companies.
Proposals & Debate
The government proposed a specific distribution of 9 billion SEK, with a heavy focus on research and development. The opposition suggested alternative ways to spend this money, but their proposals were not approved.
The Decision
The Swedish parliament approved the government's plan, meaning the money will be distributed as proposed by the government.
Does this affect you?
- Research institutes: They will receive strategic competence funds to maintain and high-level expertise.
- Swedish companies: They will benefit from a general increase in support for business development and innovation.
- e-innovation agencies: They will receive the largest share of the budget to manage research and development projects.
In Practice
- Approximately 3.4 billion SEK will be used for the Agency for Innovation Systems: Research and Development.
- Nearly 813 million SEK will be allocated to strategic competence funds for institutes.
- Nearly 620 million SEK will be function as support for business development.
- Funding will be distributed across 26 other smaller business-related areas.
