Learning from the American Fundraising Model: A European Perspective March 2014 | Page 20

07. supplementing state generosity Mikael Horal, Senior Development Officer, Karolinska Institutet (Sweden), Class of 2009 Unlike the fundraising heads of so many European institutions, Mikael Horal is not facing the financial difficulties associated with disappearing government funding. “It’s the opposite,” he says. “There’s actually been increased support – so we are better funded than ever.” Behind this generosity lies a national agenda, he explains – a drive to increase funding for academic research. With Sweden’s strength in life sciences having waned in recent years – including AstraZeneca’s closure of two of its three Swedish sites and the sale of Pharmacia to Pfizer – the government is keen to rebuild the country’s strength in this sector. As a medical research institute, Karolinska has been a beneficiary. “If you see the campus you’d be amazed,” says Horal. “There’s a totally new teaching hospital and laboratory facilities – and that is predominantly funded by the city council and the state.” 20 C ON V ERS A T I ONS Nevertheless, in 2005, the univer