Are you looking for up to 3 MNOK in up-front funding and a tailored 3 month program providing network and support?
Perfect - then the StartupLab Accelerator is just what you need!
We're now open for applications to the 10th edition 🥳 of the StartupLab Accelerator, 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.
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.
Since 2016, we have been running 9 batches of the StartupLab Accelerator, and are now looking forward to welcoming applications for our 10th program. Over these 5 years, we have had the opportunity to evaluate more than 1200 Norwegian tech companies, and to work closely with 65 ambitious accelerator teams. So, better ask them what they think:
“The StartupLab Accelerator helped us to sharpen our focus, segment our potential market, and outline a customer profile to begin with. This helped us set priorities for our company and product development efforts, and create a great solution for addressing our customers’ needs.”
“I’ve partnered with StartupLab in both the companies I’ve co-founded; first with Huddly and now Oivi. Oivi, which is fighting diabetic eye diseases, was part the fall 2018 Accelerator, and StartupLab’s investment, network and advice was instrumental in setting up the company for growth”
“We were part of SL accelerator fall 2017, and it helped prepare us for the VC round we raised the following summer; advice, introductions and enough independence that we could focus on building and shipping. Strongly recommended if you’re just starting to build a tech company out of Norway”
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; StartupLab Founders, which consists of more than 30 of Norway's most successful entrepreneurs, having built companies like Opera, Tapad, Huddly, Stepstone, Kolonial 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.