YOUR GATEWAY TO INVESTING IN VAUD: THE INNOVATION HUB AT THE HEART OF EUROPE

At Innovaud, we provide a variety of services to promote the local economy, establish new, high-added-value businesses in our region, and create new jobs.

Innovaud is the innovation agency for the canton of Vaud, in Switzerland’s Lake Geneva region. We help tech-oriented companies (startups, scale-ups, SMEs and corporates) develop their businesses and carry out innovation projects. We also assist foreign companies wanting to set up in our region. In 2020 we merged with Vaud's economic development agency (DEV) to create a single point of contact and offer a more comprehensive array of services.

More specifically, we strive to:

  • PROMOTE: Promote the innovative work being done by our businesses and entrepreneurs
  • INVEST: Encourage investment in Vaud and showcase its strengths to the international business community, such as through initiatives we carry out with partner organizations. We also help foreign companies open offices in our region by providing advice on business creation, helping them find the right premises, hosting networking opportunities, and more
  • CONNECT: We put entrepreneurs in touch with the right organizations for financing, support, promotion, hosting and networking
  • EXPAND: We help local businesses expand internationally, mainly through our Scale Up Vaud program and various events we hold abroad 
  • EXPLORE: Our activities include keeping in touch with the global innovation community and identifying new innovation hubs around the world

Who we serve

Our services are intended for startups, scale-ups, SMEs and corporates that are based in Vaud or planning to open a site here. These businesses must operate in one or more of our canton’s priority innovation industries: life science, information and communication technology (ICT), precision manufacturing, cleantech, trusttech, foodtech and related fields. We work with a variety of Swiss and international organizations. 

Eligibility criteria

To be eligible for our services, your business must meet one or more of the following criteria:

  • You have developed a new product that incorporates a technological innovation (ideally with intellectual property rights and a patent) and that meets a market need; your innovation should give your business a competitive advantage
  • You have developed an improvement to an existing product, such as through higher-performance materials or a new process
  • You have developed a completely innovative way of marketing a product
  • Your technology must have been developed in-house and be spearheaded by a project leader at your company (such as your CTO)
  • A close partnership with a university or research institute is a plus
  • You have developed an innovative product that radically improves an existing business model
  • You have developed an improvement to an existing production or distribution system, entailing a concrete change in the corresponding business model or industry
  • In addition, your business must have strong job-creation and export potential
 

Since 2013 we've:

753

Initial meetings with foreign companies

233

Set-ups of foreign companies

225

Startups created with our support

2500

Initial meetings by our innovation service