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Financing

One important objective for RISE research institutes is to contribute to the ongoing competitiveness and renewal of Swedish industry. Through strategic competence funds, RISE has the opportunity to develop various offers to the private and public sectors.

These funds can be used to increase the expertise within the institutes within the RISE group, for structural measures aimed at creating a coherent institute sector, and for the operation of RISE Research Institutes of Sweden AB.

The appropriation for the RISE group for the full year 2023 amounted to SEK 759 million in accordance with the Swedish Government’s bill 2020/21:60 Expenditure Area 24.

Some of the appropriation was distributed by the RISE Board to Swerim AB. In addition to this appropriation, special initiatives were targeted in accordance with the aforementioned bill and the research and innovation policy bill 2020/21:60 in three areas:

  • Climate of SEK 5 million
  • Digitalisation of SEK 15 million 
  • Society's transition of SEK 55 million