GU Ventures aims to serve those who have a connection to the University of Gothenburg and who have an idea that you want to realize.
We offer a process to verify the idea commercially and develop them into viable businesses. We do this through our business development methodology, by funding, professional development, networking and industry contacts, where a business developer together with you sets the framework and work towards the goals.
Our goal is to exploit the creativity within the university by bringing it to the business world.
The verification work, Verification for Growth (VFT), is done in collaboration with the Research and Innovation Office at the University of Gothenburg on behalf of VINNOVA. A selection of the innovators are invited after successful authentication to continue working with GU Ventures, or are advised to think through their idea once more to or turn to other parties for further development that better fits their needs.
The incubation process
We develop both projects and companies. You get access to the incubation support wherever we choose to locate the project or company. The support provided is from idea development, IP protection, startup companies, building up organizational, project and business plan, business modeling, etc., to actively participate in efforts to attract new partners.
We offer ready-furnished office space in the startup phase, and peripheral services such as administration, bookkeeping, accounting, marketing, IP and law.
Since 2003, GU Ventures is integrated in the regional incubator network in the Västra Götaland region, as well as in the national incubator program in Almi’s direction together with many other incubators, which helps us to continually develop and assure the quality of our processes. We also participate in the training program, to develop our working methods.
The investment process
GU Ventures has its own seed capital to invest in the early phases. We can invest for an ownership in projects or companies.
Holding company activities
To manage the intellectual assets within the academy, the Swedish government has formed and designated GU Ventures to own and manage the university 's strategic activities. In addition, GU Ventures works in close cooperation with the University of Gothenburg to drive innovation efforts and develop processes internally.