Together with KTH Holding AB, KTH Innovation manages the funding program VFT-1, with funds allocated from VINNOVA. Since 2012, 4-5 million SEK has been granted yearly to develop and validate innovative ideas from researchers, students, and employees at KTH. The funding is granted in tranches, starting from around 30 000-75 000 SEK. In total, each project can receive up to 300 000 SEK in grants.