We believe in extraordinary ideas

Arctic Business helps entrepreneurs develop extraordinary ideas with growing businesses nationally and internationally from northern Sweden. Since 2005, we have worked with over 170 companies, which today are valued at over SEK 2 billion and employ 370+ people full time. We are staffed in Luleå, Piteå and Skellefteå at each science park. Our owners are LTU Holding, Norrlandsfonden, Region Norrbotten, Luleå Municipality, Skellefteå Industrihus and Piteå Municipality. 

Sweden’s northernmost tech incubator

Arctic Business runs Sweden’s northernmost tech incubator, the Arctic Business Incubator, and is an important player in the rapid business development in Norrbotten and Västerbotten, both areas driving the new industrialization and the extensive urban transformation.

By creating new successful growth and export companies, we contribute to increased attractiveness, strengthened competence and welfare in northern Sweden. Our vision is for Norrbotten and northern Västerbotten to be known as Sweden’s most attractive environment for entrepreneurs, innovative startups and investors in space, mining and energy.

We work with problem solvers, innovators, entrepreneurs, startups, professionals and investors that are looking to make an impact. We welcome ideas that have the potential of becoming extraordinary, no matter the field.

Get strategic advice

A wealth of knowledge at your fingertips. Our business leaders, strategic partners and board members are accessible remotely or at one of the world’s leading technology and innovation hubs in Northern Sweden.

Top ranked

Ranked 7th university-affiliated incubator in the world by UBI Global and recognized for achieving exceptional results.

Global network

Our relations with global industry leaders are now yours too. The opportunity to expand your professional network under our roof is limitless.

Space incubator

We manage the national space incubator ESA BIC Sweden. Granting you access to the world’s largest space innovation network.

Owners & stakeholders

We operate in northern Sweden — an area that spans 20 municipalities. Our mission is to create new successful innovative growth and export companies from northern Sweden, in close cooperation with our owners and stakeholders.

LTU Holding


Vinnova supports the most excellent business incubators in Sweden and is also a partner in ESA BIC Sweden together with SNSA and ESA.

European Space Agency

On behalf of European Space Agency we run ESA BIC Sweden together with the Swedish Space Agency and Vinnova.

Swedish National Space Agency

Initiator of ESA BIC Sweden.

Arctic Ventures

Arctic Ventures is our angel investment company that we manage on behalf of over fifty business angels. Since its start it has been northern Sweden’s most active angel investor network.

Luleå kommun

Skellefteå Industrihus

Piteå kommun


Region Norrbotten

Get started now

Tell us about your idea, business or interest in joining a startup or influential board. Invest in yourself, your company or project and let’s make it extraordinary.

See what we’re solving today

Learn about our innovative start-up launches, get to know our challenging problem-solvers and get exclusive Arctic Business insights.