Today
For education, the city holds part of the University College of Dalarna (Högskolan Dalarna).
In sports, Falun hosts the annual Swedish Ski Games at its skiing arena Lugnet, Falun. The city's most successful sport team is the bandy team Falu BS which has played in the Swedish top division for many years. Also, IBF Falun, the floorball male and female teams have been very successful. Falu FK play in in Division 2 Norra Svealand.
Lugnet, Falun Stadium has also hosted the FIS Nordic World Ski Championships three times: 1954, 1974, and most recently in 1993.
The city lost out to Calgary, Canada, in 1981 for the 1988 Winter Olympics. Again, Falun applied for the 1992 Winter Olympics but lost out to Albertville, France, in 1986. The city lost despite the best efforts of one of ABBA's singers who recorded a single in support of the bid.
Falun is the hometown of The Battle, one of the world's most famous snowboard competitions.
Lake Runn is visited both during the winter, for ice skating, and summer for it's wide variety of watersports. It's popularity is well deserved for the lake itself is over 60 sq kilometres of water and has over 50 islands. The sailing and fishing opportunities in particular are tremendous. Framby Udde Resort offers many of these in partnership with other small businesses. See for example www.runnsailing.com for sailing dinghy hire.
Iron and Copper byproducts from the mine are still used as a paint ingredient, in the production of the nationally well known and culturally important Falu Red paint, particularly used on wooden houses.
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