22 January 08:00-09:00Umeå Biotech Incubator, Conference room "Skogen"

Photo byFederico BeccarionUnsplash

Welcome to a UBI House breakfast & seminar at Tvistevägen 48, in conference room "Skogen". UBI offers breakfast and a chance to play table tennis from 8.00, and the seminar starts at 8.30. 

Speakers: Peter Björk, CEO & co-founder, Elsys. 

Seminar: "Building a global sensor company: Lessons from the ELSYS journey"

About: ELSYS provides wireless sensors for smart buildings, cities, and industries. The sensors are used for indoor climate control, energy efficiency, dynamic workplaces, and more. ELSYS was founded in 2005 by several researchers and lecturers from the Department of Applied Physics and Electronics at Umeå University. 
ELSYS’s journey began with consultancy work for companies in the region, involving the design, development, and production of embedded systems. The first ELSYS-branded product was a “smart home” system for caravans, and the first wireless sensor was launched in 2015. 
Today, ELSYS has sold more than half a million sensors worldwide. 

Registration deadline: Friday, January 16. 

Participation fee: This event is sponsored by Umeå Biotech Incubator (UBI) with support from the European Union. There is no actual fee for participating. For delegates from the industry, state-aid/de-minimis will be accounted for corresponding to 50 SEK per person.

State aid & de-minimis: Umeå Biotech Incubator is obliged to account for activities they arrange, and support they provide, that are directed to specific companies or a group of companies where the receiving companies do not pay market price for the participation. The value of this support is accounted for as state-aid. 
Small amounts of State aid (‘de minimis’ aid) are exempted from State aid control, as they are deemed to have no impact on competition and trade in the internal market of the European Union (EU). De minimis aid indeed refers to small amounts of State aid to undertakings (companies) that do not have to be notified to the European Commission by the EU Member States.
The maximum amount is € 300,000 for each undertaking over 3 years.
De minimis can also be granted to large companies that are not entitled to larger sums of state-aid under Article 22. 

Read more on state-aid and de-minimis here:

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