Innovation

Sweden aims to be one of the world’s leading countries in research and innovation. In the research and innovation bill, the Government is investing SEK 6.5 billion on research and innovation of the highest quality. Investments include funding for excellent research, increased and competitive funding for higher education institutions, enhanced research infrastructure and investments in groundbreaking technologies to position Sweden at the forefront.

The Government decided today to task Business Sweden with stepping up its efforts to promote investments in the Swedish battery value chain, i.e. in all parts of production. The aim is to enable capital and important expertise to be brought into and retained in the Swedish business sector. The assignment also includes helping relevant companies and national, regional and local actors with advice and contacts.

On Monday 3 June, Prime Minister Ulf Kristersson took part in a press conference together with Microsoft President and Vice Chair Brad Smith. Microsoft announced new investments in Sweden related to AI totalling SEK 34 billion.

On 3 June, Minister for International Development Cooperation and Foreign Trade Johan Forssell presented the Government’s 2023 Cultural and Creative Industries Export Prize. The Prize has been awarded since 2017 and the winner is chosen by a jury consisting of representatives of the cultural and creative industries. This year’s Prize went to Svenskt Tenn, which is celebrating its 100th anniversary this year. The Rising Star Award was presented to Hanna Hansdotter, one of the most interesting and innovative glass artists of our time.

In connection with the Nordic summit in Stockholm on 13–14 May, in which Germany also took part, Mr Kristersson and Mr Scholz signed a strategic innovation partnership for security and digital and green transition.

On 2–3 May, Nigeria’s Minister of Communications, Innovation and Digital Economy Olatunbosun Tijani visited Sweden at the invitation of Swedish Minister for International Development Cooperation and Foreign Trade Johan Forssell. The purpose of the visit was to discuss opportunities for enhanced cooperation on innovation, digitalisation and telecommunications.

To improve the conditions for cooperation between Swedish and American universities, research institutions and businesses on research, innovation and education, Vinnova and the Swedish Research Council have signed a five-year memorandum of understanding with the National Science Foundation (NSF) of the United States of America.

A European infrastructure for carbon capture and storage is underway. Today, arrangements between Denmark, Norway, Belgium, the Netherlands, and Sweden allow cross-border transport and geological storage of captured CO2.

The shortage of workers with sought-after skills is one of the main obstacles to growth for companies in Sweden and has also become an obstacle to regional development. In light of this, the Government is allocating SEK 25 million in 2024 to strengthen coordination of the ongoing efforts of eleven government agencies linked to attracting and retaining international expertise.

Prime Minister Ulf Kristersson and President Emmanuel Macron have signed a renewed strategic innovation partnership declaration between Sweden and France. It includes new areas such as nuclear energy, forestry and security.

The Government has adopted a new trade strategy, with the objective of giving Swedish businesses the best possible conditions to both address emerging challenges and of harness business opportunities that arise in the green and digital transition.

The countries are working together to build economic resiliency and provide new market opportunities for Canadian and Swedish businesses. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, and Ebba Busch, Minister for Energy, Business and Industry and Deputy Prime Minister of Sweden made the following statement.

Research and innovation promote progress in the energy sector. Minister for Education Mats Persson today signed an implementation agreement for energy research cooperation with the United States. The agreement was signed in the Reactor Hall at KTH Royal Institute of Technology, where research reactor R1 – Sweden’s first nuclear reactor – contributed to research between 1954 and 1970.

On 26–27 June, Europe’s key stakeholders in the life sciences sector will gather to highlight the importance of research and innovation in personalised medicine. The conference, organised within the framework of the Swedish Presidency of the Council of the EU, will be live-streamed.

The UK and Sweden share historic ties of friendship and are essential allies. We have forged a strong partnership, based on shared values and in support of multilateralism and a rules-based international order. We are united in our steadfast commitment to working together for the security and protection of our citizens and to strengthen European security as a whole. This Leaders’ Statement celebrates and reasserts the enduring and extensive connections between the United Kingdom and Sweden, which benefit from the agreements between the United Kingdom and the European Union, of which Sweden is a member.

Last week, the Government decided to task Business Sweden with strengthening the coordination of efforts to set up large battery plants as part of the automotive industry’s green transition.

To further accelerate the electrification of the transport sector, the Swedish National Road and Transport Research Institute (VTI) was commissioned by the Government to help build knowledge in this area. This need has been clearly highlighted in the work of the Government’s strategic innovation partnership programme Climate neutral industry.

Work within the partnership groups in the four innovation partnership programmes has been well underway since they were first launched in June 2019. Viveca Bergstrand is the Project Manager for the innovation partnership programme Climate neutral industry, and she already sees positive results emerging from the work of the partnership group.

"Sweden aims to be a leading life sciences nation. Life sciences contribute to improving health and quality of life of the population, ensuring economic prosperity, advancing the country as a leading knowledge nation and achieving the 2030 Agenda for Sustainable Development."

Today, 23 October, the Government’s 2019 Cultural and Creative Industries Export Prize was awarded to Goodbye Kansas Studios. The rising star award went to Rave Review.