Umeå and Gothenburg, Sweden, are two of the 12 cities in the final to be European Capital of Innovation.
The contest European Capital of Innovation, also known as iCapital, is a prize to reward the cities and mayors who have built the most inclusive and dynamic innovation ecosystems, for the benefits of citizens and business.
The winning city will be nominated the European Capital of Innovation 2018 and awarded a prize of €1 million to further promote and enhance its innovative actions. This year’s edition will also reward the subsequent five ranked cities, named runners-up, who will each receive €100 000 to scale up their innovation activities.
Two cities from Sweden
Two of the cities in the final, Umeå and Gothenburg, are from Sweden. Maybe not so surprising, as Sweden is renowned for having a successful innovation system with many startups reaching global competitiveness. Sweden is also named world’s third most innovative country, according to the international survey The 2018 Global Innovation Index.
See video from Umeå, one of the 12 cities in the final
The city of Umeå emphasizes in its application that it has an effective and inclusive support system for innovation with world-class academic and industrial incubators with great focus from biomedicine to creative and cultural sectors.
“We believe in diversity and gender equality to find new innovative perspectives,” Maria Olofsson, project manager at the incubator Uminova Innovation, says.
“We believe in curiosity and the melting pot between people and ideas,” Marlene Johansson, CEO at the incubator eXpression Umeå, says.