Questions and answers
Here we have collected questions and answers about how it works at BIC Factory. Do not hesitate to contact us if there is anything else you’d like to know!
WHAT DOES IT COST TO JOIN BIC?
En inkubatorplats är fördelaktig på många sätt, inklusive avgiften. Det kostar 1 740 kr eller 2 420 kr exkl. moms i månaden beroende på om du vill sitta i vårt öppna kontorslandskap eller ha ett stängt kontor. En digital inkubatorplats kostar 1 200 kr exkl. moms i månaden. För dig som entreprenör i Västerbottens inland samt Arvidsjaur och Arjeplog erbjuder vi ett reducerat pris på 750 kr exkl. moms i månaden tack vare vår finansiering från Region Västerbotten.
WHO CAN APPLY TO JOIN BIC?
Our target group is young entrepreneurs up to 40 years old who have recently started or are about to start a company in Umeå, Västerbotten’s inland municipalities or Arvidsjaur and Arjeplog. We welcome anyone who has turned 18 and finished with high school studies. Of course, you can always contact us if you want to discuss your idea and ways to develop it further.
WHAT IS INCLUDED WHEN I JOIN BIC?
You get business coaching tailored to your needs, lectures and workshops, access to a strong network, and membership to a community of entrepreneurs. As a young entrepreneur in Umeå you get a fully furnished office space for two people in a creative environment with unrestricted access to reliable WIFI, meeting spaces, printing facilities, and coffee machines to help you stay focused on growing your business.
WHAT IS THE DIFFERENCE BETWEEN BIC AND A CO-WORKING SPACE?
The biggest difference is the help you get to develop and grow your startup. You are accepted to join us because we believe in you and your business idea, so at BIC Factory, you get two years of coaching and guidance adapted to your needs. A co-working space can be a good solution when you emerge from our incubator and set up an office of your own.
HOW LONG CAN A COMPANY STAY WITH YOU?
You can be with us for two years. After that time, the idea is that you can stand on your own two feet and grow your company independently.
HOW DO I APPLY TO JOIN BIC?
Answer the questions in this form. We will contact you and start the application process.
CAN I HAVE A SIDE JOB?
Yes, you can work on the side. We are happy when you can set aside at least 60% of your time to develop your company. The goal is to eventually reduce the time you spend working extra jobs so that you can invest full time in the business.
CAN I GET FUNDING TO START MY BUSINESS?
Visit the Swedish Public Employment Service´s website to learn if you are eligible to apply for a startup grant.
WHAT DOES BIC FACTORY MEAN?
The abbreviation BIC stands for Business Innovation Center. Think of us as a company factory.
HOW DO I START A BUSINESS?
On Verksamt's website, there are many informational resources and tips on starting a business.
WHICH INDUSTRIES ARE WE TARGETING?
We welcome companies in all industries.
DO I DARE TELL YOU ABOUT MY BUSINESS IDEA?
Absolutely! We guarantee complete confidentiality, so you can feel safe telling us your idea and your business plans. The same principle applies when you are accepted to join BIC, as all BIC contractors sign a confidentiality agreement.
WHAT IS AN INCUBATOR?
A business incubator is an organization that promotes and facilitates the journey taken by startups to grow profitable companies. The incubator's main task is to offer business support and access to a strong network. In many cases, business development support combines with services such as the rental of operational premises.
