LTU Business AB
- Company typePrivate
- Founded1983
- HeadquartersLuleå, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingServices
LTU Business AB firmographics
Firmographics- Name
- LTU Business AB
- Legal name
- LTU Business AB
- Website
- https://ltubusiness.se
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
LTU Business AB industry classification
Industry- Product category
- Business Consulting and Innovation Services
- NAICS
- Management Consulting Services (54161), Administrative Management and General Management Consulting Services (541611), Other Management Consulting Services (541618)
- SIC
- Services-Management Consulting Services (8742), Services-Management Services (8741)
- akta.pro primary industry
- Strategy & Corporate Development Consulting (BPAHACAA)
Keywords
Where LTU Business AB is headquartered
LocationHeadquarters
- HQ city
- Luleå
- HQ country
- Sweden
- HQ region
- Europe
Offices4 records
Markets served
LTU Business AB business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Consulting Services: Project-based consulting for business development, innovation management, and project leadership across various sectors including mining, space, food, and tourism
- Growth Programs: Structured growth programs like Navigator Full Scale offering subsidized participation for small businesses over 2-year periods
- Project Management Services: Project leadership services for companies, public sector, and institutes across research, digitization, test beds, data centers, mining, tourism, and space industries
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Navigator Full Scale subsidized rate for eligible small businesses |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
LTU Business AB product offering
Product offeringCore offering
LTU Business AB provides business development consulting, innovation management, and project leadership services to companies, academic researchers, and public sector organizations in northern Sweden. Its offering centers on structured growth programs such as Navigator Full Scale and Latitude 66 Mentorship, proprietary innovation assessment methodologies such as Innovation Due Diligence, and project management services spanning sectors including mining, space, food, tourism, and digitalization.
Product overview
LTU Business AB operates as a business development company with a portfolio of consulting services and collaborative projects. The core service offerings include growth programs (Navigator Full Scale, Latitude 66 Mentorship), innovation methodologies (Innovation Due Diligence, IDD Academy), strategic consulting (strategy and analysis services, financing support), and project management. These are complemented by strategic focus areas in Big Science, AI (AI Sweden northern node), Space (North Sweden Space), and Metals & Minerals. The company also manages multiple collaborative projects including Livsmedelsarenan for food sector development, MARTINA for AI/digitalization, AHEAD for Arctic tourism, Norrbotten Regional Innovation Center for regional innovation, SÄKRA for cybersecurity, and SCABEAC for sustainable construction. The company has been driving innovation and development in northern Sweden since 1983, positioned at the intersection of academia, business, and public sector.
Differentiator
Problem solved
Functional benefit
Brands
- Navigator Full Scale: A structured growth and change process for growth companies, based on research about entrepreneurial human capital and change leadership.
- Livsmedelsarenan
- Swedish Metals & Minerals
- AI Sweden (Northern Node)
- Latitude 66 Mentorship
- SÄKRA
- Norrbotten Regional Innovation Center
Products and services
- Navigator Full Scale
Quantifiable outcome
- Up to 70% reduction in reindeer-vehicle accidents through targeted interventions and collaboration
- +1 more outcomes
Companies that use LTU Business AB
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
LTU Business AB technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
LTU Business AB partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core, key and minor.
- Luleå tekniska universitetcoreParent organization ownership; provides exclusive access to research expertise, student talent, and academic facilities; fundamental to LTU Business's unique position at the intersection of academia and industry
- AI SwedencoreLTU Business serves as the northern node for Sweden's national AI center, supporting AI adoption across businesses and public sector in Norrbotten and Västerbotten
- Swedish Metals & MineralskeySweden's major research and innovation initiative for metals and minerals; LTU Business is central to the program office leading social innovation and communication
- CLOSERkeyCollaboration platform for sustainable and smart transport systems; LTU Business serves as the northern node contributing innovation and business development expertise
- Swedish Mining InnovationkeyNational innovation platform for sustainable mining; LTU Business participates in program leadership and coordination activities
- Hushållningssällskapet Norrbotten-VästerbottenkeyAgricultural economics advisory service; project partner in Livsmedelsarenan food sector development initiative
- Länsstyrelsen NorrbottenkeyCounty administrative board; project partner providing regulatory expertise and coordination in food sector and other regional initiatives
- North Sweden Space (RIT2021)keyRegional development project for space sector growth in Norrbotten; LTU Business provides business development support in collaboration with LTU and multiple industry partners
- Kiruna KommunminorMunicipal partner in space sector development initiatives
- OHB SwedenminorSpace technology company; industry partner in RIT2021 space development project
- SSC (Swedish Space Corporation)minorSpace company operating Esrange; industry partner in regional space sector development
- GKN AerospaceminorAerospace manufacturer; industry partner in RIT2021 space and aerospace development initiatives
- Swedish Lapland Visitors BoardkeyRegional tourism promotion organization; project owner of AHEAD destination hotel development program with LTU Business as partner
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
LTU Business AB competitors and assessment
Company assessmentRegional players
- Uminova Innovation: Innovation and business development hub based in Umeå serving northern Sweden's Västerbotten region. Operates similar SME support and innovation programs in the same geographic ecosystem as LTU Business.
Broad incumbents
- Vinnova: Sweden's national innovation agency funding research and innovation projects. LTU Business frequently partners with and applies to Vinnova-funded initiatives; comparable in mission though broader in scope.
- RISE Research Institutes of Sweden: Sweden's state research and innovation partner, formally collaborating with LTU Business on technology transfer. Comparable mission bridging research and commercial application.
- Business Sweden: Sweden's trade and investment promotion agency, where several LTU Business team members previously worked. Overlapping mandate on international growth support for Swedish SMEs.
- Innovation Norway: Norwegian state innovation agency offering advisory, funding, and program support to SMEs. Comparable public-mandate innovation intermediary model in a neighboring Nordic market.
Direct peers
- Almi Företagspartner: Sweden's state-owned business development and advisory firm providing financing, coaching, and growth support to SMEs. Highly comparable to LTU Business's SME advisory and growth-program mandate.
- STING (Stockholm Innovation & Growth): Swedish business accelerator and innovation program supporting growth companies with coaching and capital access. Comparable to LTU Business's Navigator Full Scale and Latitude 66 mentorship programs.
- Chalmers Ventures: University-affiliated investment and venture creation firm at Chalmers University of Technology. Closely mirrors LTU Business's role as the commercialization arm of Luleå tekniska universitet.
- KTH Innovation: KTH Royal Institute of Technology's innovation office supporting researcher-led commercialization. Comparable university-affiliated innovation intermediary model.
- Swedish Incubators & Science Parks (SISP): Industry association representing Swedish incubators and science parks, including the Luleå/Piteå/Skellefteå parks where LTU Business operates. Comparable ecosystem-building role.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
LTU Business AB social profiles
Digital presenceLTU Business AB financial estimates
Financial estimateRevenue estimate
Valuation estimate
LTU Business AB leadership team
Management profileNumber of profiles
Profiles10 records
LTU Business AB funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LTU Business AB M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LTU Business AB
What does LTU Business AB do?
LTU Business AB provides business development consulting, innovation management, and project leadership services to companies, academic researchers, and public sector organizations in northern Sweden. Its offering centers on structured growth programs such as Navigator Full Scale and Latitude 66 Mentorship, proprietary innovation assessment methodologies such as Innovation Due Diligence, and project management services spanning sectors including mining, space, food, tourism, and digitalization.
Is LTU Business AB a public or private company?
LTU Business AB is a private company. It is classified as corporate owned and is currently operating.
When was LTU Business AB founded?
LTU Business AB was founded in 1983. It employs 11 to 50 people.
Where is LTU Business AB based?
LTU Business AB is headquartered in Luleå, Sweden, in the Europe region.
How does LTU Business AB make money?
Three revenue lines are on record. Consulting Services are the primary driver. The others are growth Programs and project Management Services.
Who are LTU Business AB's main competitors?
Uminova Innovation is listed as a regional player. Broad incumbents are Vinnova, RISE Research Institutes of Sweden, Business Sweden and Innovation Norway. Direct peers are Almi Företagspartner, STING (Stockholm Innovation & Growth), Chalmers Ventures, KTH Innovation and Swedish Incubators & Science Parks (SISP).
Does LTU Business AB have an API?
No public API is recorded for LTU Business AB.
What industry is LTU Business AB in?
LTU Business AB's product category is Business Consulting and Innovation Services. Its primary akta.pro industry code is BPAHACAA, Strategy & Corporate Development Consulting. Its NAICS code is 54161 and its SIC code is 8742.