Investment & Fund Management
which was guaranteed by the European Investment
Full Credential Description
Helio, a shared workspace provider based in Stockholm, Sweden, faced significant challenges during the pandemic, particularly with its coffee, catering, and hospitality services suffering due to reduced foot traffic and the public's avoidance of crowded places. However, the company recognized this period as an opportunity for growth rather than merely a setback. To capitalize on the slowdown in the market, Helio broadened its owner base and signed new leases, successfully opening three new venues within nine months.
To support this expansion, Helio sought financial assistance through a loan from DBT, which was guaranteed by the European Investment Fund (EIF) under the pan-European Guarantee Fund. This funding enabled Helio to innovate by transforming retail spaces, such as re-fitting an H&M store into an office environment, thereby creating attractive and functional workspaces that cater to the evolving needs of businesses and their employees.
As a result of these strategic moves, Helio not only adapted to the changing landscape of workspaces post-pandemic but also positioned itself as a leader in providing high-quality shared work environments that foster collaboration and creativity. The company now employs 75 people and continues to enhance its offerings, ensuring that its spaces meet the demands of modern businesses.