The Swedish Hotspot is managed by Business Sweden in cooperation with the Swedish Foreign Ministry and other national and government organisations working with innovation, entrepreneurship and investments in a so called Team Sweden collaboration. The programme specifically targets start-ups and will allow up to ten companies to participate and position themselves as a high potential companies, hand-picked by Sweden to be promoted in the Swedish Pavilion at a reduced cost.
Hurry up as application is only open until 2018-12-11!
To qualify as a Swedish Hotspot in the Swedish Pavilion at MWC, the applicant must meet the following criteria:
1. Stands to gain significant benefits from Swedish Hotspot participation
2. Has potential to generate considerable news value
3. Is recently founded (<5 years ago) and/or at an early stage in its growth cycle
4. Contributes to a diversified delegation
Received applications will be screened in order to select the ten (10) companies to participate to a fixed fee of SEK 6 000 + VAT. Please note that registration is binding and selected companies cannot withdraw nor cancel their application.
As a participating company in the Swedish Hotspot you will be fully part of the official Swedish delegation and Swedish Pavilion at MWC19.
Participation fee: SEK 6 000
Conditions of payments:
Please note: Insurance for your own products and transport of the same is not included. Business Sweden does not take responsibility for shortcomings made by the GSMA. The registration is binding. The fee will be invoiced after the registration has been received and confirmed by Business Sweden. Payment 30 days. Upon cancellation of participation the fee will be invoiced in full. See ”General Conditions for Participation in Joint Export Activities”
GENERAL CONDITIONS FOR PARTICIPATION IN JOINT EXPORT ACTIVITIES
(exhibitions, delegation travels, seminars, etc)
BUSINESS SWEDEN including any of its subsidiaries or branches, undertakes to carry out the export activity described in the invitation on conditions that the necessary number of companies, as stated in the invitation, sign up by giving binding notice of participation and provided that no obstacles, as specified in section 6 below, hinder the performance of the activity.
2. Participation fee, assignment, other services
Companies taking part in the activity undertake to cooperate in order to achieve the aim of the activity and to facilitate its performance. Participating companies also agree to pay the fee specified in the invitation. Unless otherwise expressly stated, all prices are exclusive of VAT. The participation fee shall be paid in advance. Participation in the activity may not be assigned to or otherwise made available to a third party without the prior written consent of BUSINESS SWEDEN.
If the price has been specified in SEK and BUSINESS SWEDEN has to pay costs in local currency, the price may, at the time of payment, be adjusted if the exchange rate has changed by more than 5% between the date of the invitation and the date of invoicing.
In the event of fewer companies signing up for the activity than required as stated in the invitation, the participating companies undertake to pay also a possible increase, not to exceed 10% of the participation fee.
The term of payment is 30 days from the invoice date. In the event of late payment, penalty interest is payable at the current Swedish reference rate (“referensränta”) plus eight (8) percentage points, however never less than 8 percent. The company is also liable to pay any costs for collection or other measures to obtain payment.
Payments for services that BUSINESS SWEDEN has undertaken to perform by written agreement, over and above what is included in the activity, shall be made as agreed in the written agreement.
3. Cancellation etc
Registration is binding. Unless otherwise stated in the invitation, upon cancellation of participation, the fee will be charged in full as from the date BUSINESS SWEDEN has received and confirmed the company’s binding reservation.
4. BUSINESS SWEDEN’s undertakings
BUSINESS SWEDEN’s undertakings are limited to what is stated in the invitation and in these general conditions.
BUSINESS SWEDEN is entitled to depart from the method specified in the invitation for performing the activity if reasonably necessary.
5. Limitation of liability
Neither Party shall be liable for any indirect or consequential damage. BUSINESS SWEDEN’S total liability is limited to a maximum amount equivalent to the participation fee.
6. Force majeure etc
BUSINESS SWEDEN may cancel the activity or postpone carrying it out for a reasonable period if any obstacle to, or unreasonable increase in the cost of carrying it out arises or if carrying it out would jeopardise the safety of persons or property affected by the activity, due to an event or circumstance outside BUSINESS SWEDEN’s reasonable control (force majeure). Such events or circumstances include acts of violence or a risk of acts of violence of all kinds (including war, hostilities, acts of sabotage etc.), natural phenomena (earthquakes, hurricanes, floods etc.), sudden events which cause injury or damage (fires, explosions etc.), labour conflicts (strike, lockout, blockade, working to rule etc.), events and interventions of an official nature (changes in the law, new legislation, a considerable change in exchange rates, etc.), and other unforeseen events or unforeseen consequences of foreseeable events such as lack of transport, a shortage of skilled workers, power cuts etc.
BUSINESS SWEDEN shall inform the participating companies in an appropriate manner as soon as possible after an event of force majeure is deemed to be at hand.
In addition to what is stated in the first paragraph of this section, the effect of invoking force majeure is that BUSINESS SWEDEN will be absolved from economic consequences, including damages for delay in carrying out the activity or for the activity not being carried out at all or not being carried out as agreed.
7. Disputes etc
These general conditions shall be governed by and are construed in accordance with Swedish law. Any dispute in connection with these general conditions shall be finally settled by arbitration in accordance with the Rules for Expedited Arbitrations of the Arbitration Institute of the Stockholm Chamber of Commerce. The proceedings shall take place in Stockholm, Sweden. The language of the proceedings shall be English if the Parties do not agree otherwise.