StartupLab Accelerator #10
👉 application deadline 31.01 👈

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.

about the program

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.

don't take our  word for it

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:

Sarah Müller // Co-Founder and COO


“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.”

Anders Eikenes // Co-Founder and CEO


“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”

Svein Willassen // Co-Founder and CEO


“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”

important dates





what kind of companies are we looking for?

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.

join our community

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, SchibstedTelenor, 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.

about the investment

  • 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.
  • The investment is done with SLIP, as an investment with a valuation cap, and optional conversion on our side. For all practical matters this is works like a convertible loan, meaning your company maintains the ability to incentivize early employees long-term with stocks, while simultaneously being able to pay salaries short-term. Ensuring the company has the best possible foundation for future growth.
  • With the funding prodvided through the investment, founders are able to apply for all early-stage public funding in Norway which requires matching capital. This means most founders can get an additional 1,5MNOK in non-dilutive (soft) funding. For most early-stage tech companies, this should equal 12-18 months runway; enough to reach a significant value-increased milestone. 
  • When we convert, we take common stock in the company, and we do no further investments in any company. Put differently; from there on out our incentives are 100% aligned, as we dilute with the founders.
  • We invest in Norwegian Aksjeselskap (AS).
  • All selected companies have to pay a program fee of 20.000 NOK to cover expenses and office space for the program period. 

Application deadline is January 31st 2021

We appreciate early applications, and it gives us the opportunity to spend more time on yours - so if you're ready, don't wait until the deadline!

This site uses cookies to analyse traffic through Google Analytics, and retargeting ads through Facebook - nothing more.