The Swedish FrameNet project, SweFN, is a lexical resource under development, designed to support both humans and different applications within language technology, such as text generation, text understanding and information extraction. SweFN is constructed in line with the Berkeley FrameNet and the project is aiming to make it a free, full-scale, multi-functional lexical resource covering morphological, syntactic, and semantic descriptions of 50,000 entries. Frames populated by lexical units belonging to the general vocabulary dominate in SweFN, but there are also frames from the medical and the art domain. As Swedish is a language with very productive compounding, special attention is paid to semantic relations within the one word compounds which populate the frames. This is of relevance for understanding the meaning of the compounds and for capturing the semantic and syntactic alternations which are brought about in the course of compounding. SweFN is a component within a complex of modern and historical lexicon resources named SweFN++, available at .