A favorable business climate depends on entrepreneurship 

The canton of Schwyz promotes this future-oriented tech competence among resident companies/experts and for itself as a contribution to regional development and digital transformation with access to knowledge from the surrounding regions with focus on developing SchwyzTech Competence Center to:

 

  • Promote diversity and knowledge transfer – innovation support for companies / SMEs
  • Encourage dynamism and use case centric peer group initiatives  
  • Improve economic activity and enable deal flow 
  • Promote qualification of regional workers and actors
  • Promote cross- industry networking and cooperation
  • Generate value leads for Web 3.0 entrepreneurs  
  • Develop infrastructure and services offers to ensure a secure environment for innovation and growth

Why Kanton Schwyz

Ideally located in the central Switzerland with proximity to city of Zurich and Luzern makes it an ideal location geographically for international business as well as start-up friendly due to the upcoming activities covering digital innovation.

Canton Schwyz is a notable region offering the pioneers of new technologies and net generation entrepreneurship to discover the blueprint and setup to seize economic as well as infrastructure advantages the Kanton offers. In particular, the mountain region has conditions that are free from centralized influence and roadblocks to accommodate innovation and growth in the era of Digital Economy.

Advanced technologies represent both challenges and opportunities and from a blockchain standpoint we see tremendous potential as this conservative Kanton is committed to support ideas without borders and boundaries which is key for adoption of distributed technologies.

The Mandate

The «Value creation system for trade and industry» of the NRP implementation program 2020-2023 of the Canton of Schwyz promotes the innovative strength of businesses with the aim of strengthening their competitiveness, regional added value to increase economic activities and create jobs. 

The granting of A-fonds-perdu contributions within the framework of NRPs are part of the Federal Law on Regional Policy of October 6, 2006 (SR 901.0), the Law on Economic Promotion of November 27, 1986 (SRSZ 311.100), the program agreement between the Swiss Confederation and Canton Schwyz on funding of the cantonal implementation program for regional policy 2020-2023. 

The “SchwyzTech – Blockchain Innovation” program aims to use blockchain technology / Distributed Ledger Technology (DLT) in the field of “digital assets” in the canton, and promote Schwyz, facilitate industry networking and contribute to the creation of a cantonal Blockchain innovation ecosystems”. The program focuses on identifying adoption challenges, business opportunities, potential solutions, digital assets market opportunities and risks with skilled persons oversight offering general recommendations and next steps. 

The program concept was refined and adopted by Swiss Blockchain Academy to drive real world business applications. 

Climate and Sustainability

 Blockchain technology is key to innovations in energy and climate, however very little has been addressed within blockchain use cases and business applications to date. We are working from the bottom up as well as top down to address energy efficient and sustainable approaches to enable blockchain business applications starting with canton Schwyz as an anchor for driving sustainable innovation. 

The Challenge

Transform or become irrelevant

As the digital economy rapidly evolves, existing business models and institutions will need to undergo fundamental change.

Mindset

Organizations unprepared for change – no digital mindset

Approach

Uncoordinated digital initiatives – random acts of digital

Resources

Lack of resources and prioritization – no time, talent, funds

Preparing for a paradigm shift

Calibrating the right  “digital mindset” to enable organisations to adapt and compete in a tokenized and digital asset economy.

People

Finding and empowering the right team, talent, projects

Business

Defining a customer-centric digital strategy (“outside-in”)

Innovation

Encouraging a dynamic culture of continuous innovation

The Approach

Building blocks

The building blocks towards achieving a successful blockchain technology adoption and transformation begin with calibrating the right “digital mindset” through education and awareness.

 

  • Education
  • Ideation
  • Incubation
  • Innovation
  • Transformation

SchwyzTech Participants

Planet Power Finance AG

PPF’s missions is to power entrepreneurs to advance the hydrogen economy by financing solutions for hydrogen economy and target companies wo have positioned their strategic development on products and services which directly contribute to the hydrogen economy.

Dobler Rechtsanwalte AG

Founded in 1959 Dobler lawyers concentrate on building their practice with specialty on commercial law, demand disputes and building rights as well as inheritance and contract law.

eins.ch

Ein,ch is an innovative startup that plans to become the “Local Digital Marketplace” in Innerschwyz (MS Region) to enable local businesses and the community to engage in commercial activities through a democratically enhanced e-commerce platform, thereby creating an equitable and sustainable ecosystem (“Cooperative”/ “Genossenschaft”) offering shared-ownership and allow the local business community to regain local market share

Iranus AG

Iranus AG endeavors to be innovative with respect to improving its operational capability and business model execution. The Daydreams brand has proven its position as a capable booking channel to utilize off season hotel availability with an integrated booking and management system

Robusta Immobilien AG

Robusta Immobilien AG, specializes on development of high-quality residential properties, and building under the management of Robusta Immobilien AG in close cooperation with qualified craftsmen and partner companies with proven track record.

KDG GmbH

Focusing on business transformation and change components for public and private organizations in Switzerland, the company is aligned to understand the impact of digitalization and organizational transformation in the context of Blockchain technology

Schwyzer Kantonal Bank

Founded in 1890, Schwyzer Cantonal Bank established as the cantonal bank of the canton Schwyz with 22 branches and 22.1 billons CHF in total assets.

The bank’s strategy is not yet defined, and innovation participation remains pending due to lack of resources available in the bank at the present time.

Planet Power Finance AG

PPF’s missions is to power entrepreneurs to advance the hydrogen economy by financing solutions for hydrogen economy and target companies wo have positioned their strategic development on products and services which directly contribute to the hydrogen economy.

Dobler Rechtsanwalte AG

Founded in 1959 Dobler lawyers concentrate on building their practice with specialty on commercial law, demand disputes and building rights as well as inheritance and contract law.

eins.ch

Ein,ch is an innovative startup that plans to become the “Local Digital Marketplace” in Innerschwyz (MS Region) to enable local businesses and the community to engage in commercial activities through a democratically enhanced e-commerce platform, thereby creating an equitable and sustainable ecosystem (“Cooperative”/ “Genossenschaft”) offering shared-ownership and allow the local business community to regain local market share

Iranus AG

Iranus AG endeavors to be innovative with respect to improving its operational capability and business model execution. The Daydreams brand has proven its position as a capable booking channel to utilize off season hotel availability with an integrated booking and management system

Robusta Immobilien AG

Robusta Immobilien AG, specializes on development of high-quality residential properties, and building under the management of Robusta Immobilien AG in close cooperation with qualified craftsmen and partner companies with proven track record.

KDG GmbH

Focusing on business transformation and change components for public and private organizations in Switzerland, the company is aligned to understand the impact of digitalization and organizational transformation in the context of Blockchain technology

Schwyzer Kantonal Bank

Founded in 1890, Schwyzer Cantonal Bank established as the cantonal bank of the canton Schwyz with 22 branches and 22.1 billons CHF in total assets.

The bank’s strategy is not yet defined, and innovation participation remains pending due to lack of resources available in the bank at the present time.