Ålands Utvecklings

ÅUAB is Åland's regional government venture capital company that invests public funds in young, unlisted companies related and located at Åland. Why Ålands Utvecklings Ab? Ålands Utvecklings Ab (ÅUAB) will actively provide advice, intellectual and risk capital, which should be managed in the best commercial manners, develop business sectors in order to contribute a positive development of businesses throughout Åland. ÅUAB's business idea is to actively invest in growth companies; realizing their development potential while increasing employment, export earnings and profitability in the Åland business sector. Our goals The aim of the operation at ÅUAB is to · Increase the number of employees at the Åland Islands · Increase revenue from export-based goods and services · Create a broadened business structure through innovations among other things · Create more workplaces in rural areas and in the Åland archipelago · Increase occupancy · Increase the number of female entrepreneurs and board deputies · Create a positive change in society The goals contribute to growth in Åland. To achieve the goals, ÅUAB must · Develop into an efficient venture capital company by developing systematic and good practices in the evaluation of projects, financial review of the development company, shareholder agreements, board work and business development · Increase the number of prospective projects and investments by arranging symposiums and information opportunities for existing and prospective entrepreneurs · Develop an effective network of financiers as well as business advisors · Develop a business angel network The scope of the business should be · About 15 active development companies · A time horizon 5-8 years · The goal is to leave mature companies