Simulate your business

ALMI is as Business development organization who provides support to firms with up to SMEs from all sectors. Almi is owned by the Swedish state and is the parent company of a group consisting of 16 regional subsidiaries. The regional subsidiaries provide loans and business development support. During the pandemic ALMI redeployed a non-financial business model simulation support. In this support, the firm together with business coaches makes changes to components of the business model to see how the firm will survive in different scenarios of pandemic influence if their financial situation changes. The firms then receive an action plan. By doing such business model simulation and scenario exercises, firms could rethink, make changes, and launch new and adjusted business models (e.g., changes from global suppliers to more local and sustainable suppliers) which were more resilient in uncertain times. As part of this process, ALMI also lifted good examples of firms making changes to their business models during the pandemic and success stories as inspiration. After this business model simulations, companies which were deemed financially viable but have been negatively affected by the pandemic were offered a bridging loan to sustain their liquidity. This support is still available for firms.