Country:Sweden
Year:2006
Policy status:In Force
Jurisdiction:National
Date Effective:2006
Policy Type:Economic Instruments>Fiscal/financial incentives>Loans, Economic Instruments>Fiscal/financial incentives
Policy Target:Multiple RE Sources
Policy Sector:
Agency:Swedish Energy Agency
URL:http://www.energimyndigheten.se/en/Innovations-R--D/Business-Development-and-Commercialisation/Invest-in-CleanTechEnergy/; https://www.energimyndigheten.se/Fore
Funding:SEK 90 million annually
Description:

Start-up companies that are active within the energy sector are eligible to apply for commercial loans from the Swedish Energy Agency. These so-called “conditional loans” have been available since 2006 and aim to facilitate commercialisation of the businesses. An important goal is to help the companies to overcome the initial critical phase when investment costs tend to be high, while revenue tends to be low.

The companies that have received the loans represent different lines of business and have reached different stages of development and growth. The common denominator is that their innovations help to reduce energy consumption and/or to find new ways of producing renewable energy.

No maximum or minimum amount of a loan is stated. However, the total annual budget of the Swedish Energy Agency is approx. SEK 90 million.

Last modified: Tue, 11 Mar 2014 20:45:07 CET