Arctic Business Incubator

Arctic Business Incubator (ABI) Is Sweden’s northernmost incubator, operating from Skellefteå to Kiruna. They help startups realize their ideas and gain a foothold in their region.
Type Accelerator / Incubator
Website abi.se

Investment info

Invests in
Idea
Product or prototype
Investment range
€ < 25K
€ 25 - 50K
€ 50 - 100K
€ 100 - 500K
€ 0,5 - 1M
Primary markets
Consumer, Companies, Marketplace
Investing in countries
Sweden

Focus areas

Consumer Goods
Consumer Goods
Energy & Greentech
Energy & Greentech
Media & Entertainment
Media & Entertainment
Fintech
Fintech
See all 9 focus areas

More about Arctic Business Incubator

ABI is looking for people with an idea they want to develop into a business. You need no prior entrepreneurial experience, as they help to develop both you and your idea.


Experience

In 2016, ABI met 220 ideas and innovators from Norrbotten, Västerbotten and all across the world. 40 of these were selected for their Accelerator program and worked with ABI for 3-9 months after which 9 progressed to join the Incubator. Today, the Incubator supports 25 companies.


How much do they invest?

ABI is one of Sweden’s leading business incubators and startups gain access to a vast network - both domestically and internationally. They also offer guidance and effective methods of ideation and business development as well as support for building a team. Their business advisors help startups identify and attract customers and investors.


How do they work?

You first join the ABI Accelerator where you spend a few months developing your business, meet with prospective customers and partners, explore and plan your funding options and what your team should look like. When you are ready to start your company, ABI will mentor your company for 1-2 years and provide you with everything you need.


This makes a difference to them

The goal of ABI is to help startups launch a stable and profitable company able to operate effectively in Sweden as well as globally.  


Key People

Jens Lundström - CEO
Jens is a Software Entrepreneur with a background in Internet tech for 20+ years. He started out in internet and software, but he has since gained experience in clean-tech, space, and several other areas.
LinkedIn

Sarah Gottholm - Market & Communication
Sarah has broad experience from computer training both in her own company and as employed. She has developed her skills in communication, advertising and copywriting at Berghs school of communications.
LinkedIn


Startups they funded

BehavioSec, AMT Solutions, BioCool, and Metasphere Technology.

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