Are you looking for up to 3 MNOK in funding and a tailored 3 month program providing network and support?
StartupLab Accelerator is a 3-month program where you can explore and utilize the broad network at StartupLab and get access to experienced founders, investors and industry experts.
We want to see more great Norwegian tech companies, and we work to support tech entrepreneurs in the earliest phases of building such companies. Starting up is super hard, and our accelerator program is designed to make it easier.
Yes, all selected companies get a 1-3 MNOK investment - and they get it up-front, but this is also a three month program that we’ll take you through. As you enter the program, you’ll be given desks at StartupLab (Oslo or Bergen), where you’ll work alongside the other participating companies. Each participating company will get close follow-up from dedicated members of the Startuplab team, and we will guide you on how to best take advantage of our wider community of industry experts, corporate partners, Startuplab alumni and investor network - so you can move faster. We also hold regular lunches for all accelerator companies, where we invite experienced entrepreneurs and investors to share insights and knowledge.
August 28th: Application deadline
September 15th and 16th: Individual 30-minute online interviews with shortlisted candidates
November 9th: Accelerator Kickoff at StartupLab (Oslo)
Furthermore, you’ll get access to free consultation with legal experts from SANDS, accountants from Ekstra Ressurs, patent lawyers from Dehns and recruitment assistance from us. All of this in addition to special deals from Amazon/AWS, Google, Stripe, Hubspot ++
And if you’re working on something related to Mobility, Data Science or Hardware/IoT, we have our Industry Programs with additional support - including a fully equipped Hardware Lab. All this to help you move forward - faster.
The StartupLab Accelerator is for Norwegian tech startups creating products or services for businesses (B2B) or consumers (B2C/D2C), regardless of whether it's software, hardware or a combination of these. In other words - this is for tech companies in any domain.
We are looking for founders with global ambitions, and the companies should preferably have launched their product, or have plans to launch within the next six months.
Our strongest asset is arguably our community, consisting of alumnis, mentors, investors, industry experts and corporate partners - all eager to pay it forward. It’s not unusual that startups we work with find their first customers within our community, as they also want more great tech companies to come out of Norway.
We are very proud to have worked with so many talented entrepreneurs since 2012, and they gladly share their experience, expertise and networks with their peers. Whether your company works with SaaS, machine learning, hardware, consumer electronics, enterprise sales or consumer internet - chances are we have other great founders working on the same thing willing to share their learnings and networks.
Market validation is one of the most important activities founders engage in. And a lot of the work we do is to make this happen quicker, working to engage established companies so they are receptive when startups come knocking. We work extra closely with a number of corporate partners; which includes large Norwegian companies like DNB, Schibsted, Telenor, DNV GL, Equinor, Orkla, OBOS, AF-gruppen, Nye Veier, GC Rieber and many more.
The accelerator investment comes from our investment fund, which consists of more than 60 of Norway's most successful entrepreneurs, having built companies like Opera, Huddly, Stepstone, Oda/Kolonial, Kahoot, Douchebags, Dr. Dropin, Spacemaker, No Isolation, Attensi and Get. Startups selected to our program not only get money - more importantly, they get access to the experience and insight that our network represents.
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StartupLab will invest 1-3 MNOK in the companies accepted into the program, for a targeted ownership of around 10%, and with a flexible investment approach. We are open to discuss different investment amounts and ownership percentages on a case by case basis.