Arctic Business
Arctic Business is strategically located in Luleå – the heart of northern Sweden – and is one of the world’s top-ranked business incubators (#7 globally by UBI in 2018). With a flexible and quality-assured incubation model, Arctic Business supports entrepreneurs across the region, regardless of location, providing tailored business advice, access to networks, mentoring, coaching, training, and funding opportunities.
Since its founding in 2005, Arctic Business has successfully supported over 200companies. Today, it also manages Arctic Ventures, an angel investment company that frequently invests in space-related startups.
Arctic Business operates in the northernmost parts of Sweden (the counties of Västerbotten and Norrbotten) and has its HQ in Luleå and offices also in Piteå, Skellefteå and Kiruna (at Space Campus in Kiruna with access to Esrange).
Luleå Technical University, LTU, implements most of their space education and research at the space campus in Kiruna, where the Swedish Institute of Space Physics (IRF) also is located. LTU also runs a research school focused on space, the Graduate School of Space Technology. LTU is a technical university with a variety of research that contributes to the space sector, such as material science, metallurgy, mechanical design, chemical technology, complex system engineering, electronics etc.
Kiruna is known as the Swedish Space City since the late 1950s, with the Swedish Institute of Space Physics, SSC’s Esrange Space Center, EISCAT, LTU and Spaceport Sweden as the core actors. The geographic location that Kiruna can offer together with the combined experience, expertise and service is a well-established national asset.
Today 24 incubated companies receive Arctic Business:s services, these companies are physically located to one of the Arctic Business locations and has their origin in 10 cities in 7 municipalities. In summary, a combination of startups mixing physical presence with distance bridging work processes and methods are well established.
Location Luleå
Luleå Science Park and Arctic Business Incubator offers excellent facilities and resources for start-up businesses. Seven top modern office buildings and a total space of more than 20 000 square meters, with well-equipped meeting rooms and services are offered by the Luleå Science Park. The smallest office space is 10 square meters which can be switched up to a hundred square metres within half a year when a company grows.
There are excellent tele- and data communications to every office space. Arctic Business has its locations and head-office at the premises of Luleå Science Park. Arctic Businesshas created a secure and stimulating environment for the start-ups, with access to printers, internet and meeting rooms in a stimulating incubation environment. The Luleå location is equipped with video‐conferencing facilities. The Arctic Business Luleå offices are located on the doorsteps of the Luleå University of Technology.