On October 21, 2019, a new UN Center for Innovation opened in Lund, Sweden. Both the minister for business, industry, and innovation, Ibrahim Baylan, and the minister for international development cooperation, Peter Eriksson, attended the inauguration.
The United Nations Office for Project Services (UNOPS) is planning to establish seventeen new innovation centers around the world; the Center for Innovation in Lund is the third one to open. Each center will help discover innovative solutions from new companies and young inventors in various countries with the central aim of tackling climate change and increasing the reach of global development projects. In addition to supporting companies and inventors in Sweden, the new center in Lund will also support developing countries building their own innovation structures.
The ministry of foreign affairs, together with the ministry of enterprise and innovation, have allocated SEK 5 million (US$515,000) in 2019 and SEK 11 million (US$1 million) in 2020 to fund the new center. The funding aims to reinforce the effects of Swedish official development assistance (ODA) by strengthening synergies between Swedish ODA and Swedish innovations.