Tillvaxtverket (Swedish Agency for Economic and Regional Growth)

Tillvaxtverket is the Swedish government agency responsible for promoting economic growth and entrepreneurship across Sweden's regions. The agency administers a range of programs supporting startups and SMEs, including grants for innovation projects, regional venture capital funds (through the Swedish regional co-investment funds), and programs focused on internationalization and digital transformation. Tillvaxtverket also manages EU structural funds in Sweden, channeling significant European investment into regional innovation ecosystems. For startups, the agency is particularly relevant through its support of incubator networks, its coordination of the Swedish national innovation strategy, and its programs helping entrepreneurs in less urbanized regions access capital, mentorship, and market opportunities beyond Stockholm.