New Venture Incubator
Aurenav New Venture Incubator (ANVI) works with the Aurenav Research Institute (ARI) to support economic development initiatives and new venture technology start-ups. Our area of specialization is on start-ups that have an information and communication technology focus or dependency. ANVI promotes innovation by providing Aurenav employees and external entrepreneurs with mentors, resources, administrative support and office space to develop new business ideas. Resources include IT infrastructure and platforms, software development tools, software applications, databases and a professional office environment. Specialist services are also available to help with company formation, intellectual property protection (copyright, patent and trade mark), accounting, financial planning and business planning. ANVI works with several venture capital and investment groups to help fund promising new ventures.
If you have a business idea that requires technical support in the form of Information and Communications Technology (ICT), ANVI may be just what you are looking for. Our advisory board includes a number of successful serial entrepreneurs that actively support our new venture incubator activities. Specific areas of expertise include IT, Telecoms, Retail, Online Web Solutions and Technology start-ups.
Helping New Ventures Get Started
ANVI works with university, government, and private venture incubators to help technology-based companies through technical, material, and domain expert assistance. We can help new technology start-ups develop a business plan, find funding, and we provide technical support to help a new venture get started.
ANVI services are available in the following locations:
- Stockholm, Sweden
- Seattle, Washington, USA
- Arlington, Texas, USA
FAQ
Q: What does it cost?
A: ANVI and the Aurenav Research Institute (ARI) both contain operational units that are not-for-profit. For services that are obtained through a university or government incubator, our services are free since we are either being funded by an economic development grant or funding the services through our foundation. For services offered through commercial venture or investment partners, it depends on the commercial agreement that is in place. Currently, 75% of the ANVI and ARI activities are funded through our not-for-profit operations and 80% of the revenues generated through our ARI commercial activities are reinvested in not-for-profit activities (including scholarships, research grants, and incubator infrastructure).
Q: Am I required to go through a university or government incubator to participate in the ANVI program?
A: No, any individual or new venture start up can contact us directly; however, we may direct you to a qualified university or government sponsored program. In all cases, there is never a fee for an initial consultation so that we can help you find the right resources to help you start your new venture.
Q: Are there any restrictions on how grant money is used in a new venture?
A: Yes, grant money cannot be used to provide a salary, benefit, or expense reimbursement for any owner, partner, or other principal of the new venture start-up. Note that grant funding is different from venture capital investment, which may be used for salaries and employee benefit packages depending on the terms of the new venture agreement.
Q: How do I get started?
A: For more information, please get in touch with us through our Contact page.
