Organization · Incubator
BIC Factory
BIC Factory is a business incubator in Sweden that supports young entrepreneurs under 40 in starting their companies. It provides a creative environment, business support, and access to a strong network.
Overview
What BIC Factory does
What BIC Factory is
BIC Factory is a business incubator in Sweden that supports young entrepreneurs under 40 in starting their companies. It provides a creative environment, business support, and access to a strong network.
How it participates in the startup ecosystem
The current public profile supports program host and community capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Incubator
- Structured capabilities
- Program host · Community
- Last reviewed
- April 27, 2026
What Incubator means
An incubator is a support environment for turning a nascent idea or early company into a startup that is more ready for customers, funding, or an accelerator.
Open the glossary entryOfficial channels
Find BIC Factory elsewhere
Open the official website or a supported primary organization account.
Capability profile
BIC Factory as a program host
Program thesis
BIC Factory is a business incubator dedicated to supporting young entrepreneurs aged 18 to 40 in starting and developing their businesses.
Focus narrative
BIC Factory invests in young entrepreneurs with innovative business ideas, particularly those with digital business models. The organization aims to enhance the innovation capacity of its incubator companies and foster collaboration with small and medium-sized enterprises and academia. It also offers a pre-incubator program for entrepreneurs with early-stage digital business ideas.
Value and support
BIC Factory offers tailored business support, access to a network of entrepreneurs, and a community for collaboration and growth.
Availability
- Application state
- Not published
Focus and fit
- Stages
- Pre-seed · Seed
Alumni and track record
Alumni context
Notable companies associated with BIC Factory include: NeuroWell: Provides training and tools for mental health. HR Nordh: An HR consultancy. Cura Nord: A staffing company focused on providing social work expertise in Norrland. Liero: An IT services company primarily serving the telecom industry. Rivia Sports: Offers training and lifestyle clothing aimed at empowering women. X3MG AB: Focuses on promoting extreme sports among women and non-binary individuals.
Capability profile
BIC Factory as a community
Community overview
BIC Factory is a business incubator based in Umeå, Sweden, founded in 1998. The organization focuses on supporting young entrepreneurs aged 18 to 40 in starting and developing their businesses. BIC Factory provides tailored business support, access to a network, and a community of fellow entrepreneurs.
Community focus
BIC Factory invests in young entrepreneurs with innovative business ideas, particularly those with digital business models. The organization aims to enhance the innovation capacity of its incubator companies and foster collaboration with small and medium-sized enterprises and academia. It also offers a pre-incubator program for entrepreneurs with early-stage digital business ideas.
Member value
Members receive tailored business support, access to a network of fellow entrepreneurs, and opportunities for collaboration with small and medium-sized enterprises and academia.
Membership
- Pricing models
- free
Format and cadence
- Modality
- in-person
- Schedule
- rolling-admissions
- Commitment
- light
Availability
- Membership state
- Accepting
Community activity
- Annual events
- 1
Events and activity
BIC Factory organizes events such as Young Startup Day, an annual event aimed at inspiring young entrepreneurs and showcasing successful business examples.
Notable members
Notable companies associated with BIC Factory include NeuroWell, HR Nordh, Cura Nord, Liero, Rivia Sports, and X3MG AB.
Common questions
What to know about BIC Factory
Upseed classifies BIC Factory under the Incubator organization type. Its current public profile includes program host and community capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 27, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.