Since 2002 Stockholm Innovation & Growth AB (STING) is a wholly-owned subsidiary of the Electrum Foundation. It is a business incubator that enables talented people to turn their ideas into sustainable businesses. STING offers qualified coaching in business development, a business angel network, a venture capital fund, a recruitment service and an international network of investors, business contacts and experts. STINGs vision is to be the best incubator in the world by attracting the best innovators and entrepreneurs, and by contributing clear value to successfully build and develop high-growth companies of the future. STING supports promising Stockholm-based startups, primarily within ICT, internet/media, cleantech and life science. STING has provided business development supports to over 100 innovative startups.