Money for collaborative life science programmes in spring budget

The government is allocating 100 million a year to collaborative programs, and life sciences will be the first.

On Monday, April 13, Prime Minister Stefan Löfven and Minister for Enterprise and Innovation Mikael Damberg presented the spring budget’s business policy initiatives.

A total of SEK 226 million will be spent on industrial policy in 2015, including export promotion measures. But there will also be further investment in the innovation climate. The Innovation Council and the associated collaboration programs will receive SEK 50 million in 2015 and SEK 100 million per year thereafter.

The first cooperation program is being developed in the life sciences sector. In early April, the government also presented Anders Lönnberg as national coordinator for life sciences.

SwedenBIO welcomes that resources are now allocated so that the work of developing and implementing an effective life science strategy can begin in earnest.

Together with LIF and Swedish Medtech, SwedenBIO has developed an action plan for life science with 25 concrete proposals for action to strengthen Sweden’s competitiveness.

Read more

Download the Life Sciences Action Plan
Read more about the government’s industrial policy initiatives in the spring budget here.
Read more about the Government’s National Coordinator for Life Sciences here.

For further comments or questions please contact:

Jonas Ekstrand, CEO, SwedenBIO, or 0703 02 08 96.
Ingrid Heath, Vice President and Head of Policy SwedenBIO, ingrid.heath@swedenbio.com070174 76 33