About Almi – Almi's vision is to create opportunities for all viable ideas and companies to be developed. With our advisory service, loans, venture capital and incubation, we have customers in all commercial phases, from ideas to successful companies.
This includes ideas with potential for growth in the early stages as well as existing companies that are investing in growth and expansion. Almi is owned by the government and regional public owners, and is near to its customers in 40 locations around the country.
Almi are organised into four business areas: Advisory service, Loans, Venture capital and Incubation.
Almi complements the market by providing risk bearing loans where nobody else does. Almi's role is to take slightly larger risks. The viability of an idea and a company's future potential are more important than its real assets. The entrepreneur's and the company's ability to develop and exploit the idea or the investment is also important.
To compensate for the higher risk and to avoid competing with the private market, Almi charges higher interest than the average bank rate. Almi offers Corporate loans, Micro-loans and financing for companies operating in international markets, as well as specifically adapted forms of financing for innovators. Credit is provided in collaboration with other credit providers and the banks are important partners.
Almi has two forms of venture capital: Seed Capital and Expansion Capital. Almi's role is to supplement the market and invest where the risk is high and the availability of capital is scarce.
With its Expansion Capital, Almi invests in companies that are in the early stages of an expansion or growth phase. Investment companies must have scalable business models and the prospect of long-term value growth. Investment always takes place with a partner.
With its Seed Capital, Almi invests in growth companies in the very early stages. Investment companies must be knowledge-intensive service or product companies with great business potential and high scalability.
Advice is given by Almi's advisers or by external sub-consultants. The basic concept is that customers are offered the best possible service and expertise based on their needs. Mediation of contacts is an important part of our advisory service. Almi's operations are regionally based. Depending on the regional conditions and the company's own resources, offers of advice vary from region to region.
Innovation advice is given in four phases: the first to describe the idea, the second to verify the idea, the third to develop the idea and the fourth to commercialise the idea.
Advice for new entrepreneurs is aimed at those who are on the way of starting a new enterprise or recently have started. One part of our operations is IFS Advisory Services, which is aimed at entrepreneurs with a foreign background.
Mentor is a complement to the general advisory service for new businesses and companies in the early stages. A novice may gain access to a mentor who works on a voluntary basis through Almi.
Other advisory services include Profitability Control, Future Dialogue, Market Development and Company Coach, which is aimed at established companies. In connection with a change of ownership, Almi offers advice where the focus is on the buyer of a company. Almi also arranges seminars and networking meetings, often in cooperation with external actors.
The task of Incubation is financing and quality assuring incubators in Sweden. The incubation programme BIG Sweden is aimed at incubators working with the development of newly started companies with a focus on growth and exports. The programme consists of skills development, performance-based financing for selected incubators that have demonstrated the best results, and financing of innovative projects in incubation. There are also various projects within Incubation for developing methods to accelerate the process of companies reaching customers and the market, both in Sweden and internationally.