Almi Innovation Loan

Almi Innovation Loan is Almi's state-backed innovation finance route for Swedish companies developing or commercialising a new product, service, process, or business model. It sits under Almi, the Swedish state-owned business development company, and is aimed at higher-risk work that banks often will not finance on its own. The loan is typically SEK 50,000 to SEK 500,000, with Almi covering up to 50 percent of project costs. Interest is set individually and may be higher than standard bank debt because the loan is carrying more risk. Eligible companies are Swedish-registered businesses up to 249 employees, whether new or established, and repayment is usually three to five years with a maximum term of 96 months. The best fit is a company that needs patient capital to test a technology, verify a business model, or prepare for production. Strong applicants show a financing gap, a concrete commercial use case, and enough risk reduction to justify taking on debt rather than a grant. Almi positions the loan as a complement to other finance, so the case needs to show why ordinary credit is not enough on its own.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.