For the third time, DNB and StartupLab are inviting startups to the DNB NXT Accelerator. Are you looking for a 1-3 MNOK investment and a 3 month program where you can explore and utilize the broad network at StartupLab and get access to relevant teams and resources within DNB - apply by February 1st.
We want 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 an attempt at making it easier.
Yes, you get a 1-3 MNOK investment, 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, where you’ll work alongside the other participating companies. You will get weekly follow-up from a dedicated member on the StartupLab team, and we will guide you on how to best take advantage of our wider community of industry experts, other corporate partners, StartupLab alumni and investor network - so you can move faster. We also hold weekly lunches for all accelerator companies, where we invite experienced entrepreneurs and investors to share insights and knowledge.
From DNB, the participants will get:
- A mentor from a relevant business area of the bank
- A sponsor from top-management
- Full and free access to relevant expertise as needed
- A vast network consisting of internal and external resources
- Potential access to millions of customers
All accepted companies will also get access to a wide range of credits and free services, see list below.
Furthermore, you’ll get access to free consultation with legal experts from SANDS, accountants from Ekstra Ressurs and patent lawyers from Dehns. And if you’re working on something related to Hardware or IoT, we have set up some additional support including a fully equipped Hardware Lab. All this to help you move forward - faster.
StartupLab will invest 1-3 MNOK in the companies accepted into the program
Amazon Web Services offers reliable, scalable, and inexpensive cloud computing services.
Google Cloud Platform, access to architecture reviews and technical mentors, 24/7 support.
Stripe provides the infrastructure required to operate on-line payment systems.
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Credits or rebate on SendGrid, IBM Cloud, Rackspace, Microsoft for Startups ++
“DNB experts helped us build our solution, and this made everything happen very quickly. In cooperation, we prepared analyses on the size of the market and what is important to the customers, working together with the product department. We were also given access to expertise such as legal counsel, development departments, risk models and credit models”
Geir Atle Bore, Founder and CEO – FundingPartner
The DNB NXT Accelerator is not just for your traditional fintech startups. We are looking for entrepreneurs who are pushing innovation across all financial services and work with big data, artificial intelligence, cyber security or blockchain and any other aspects of banking and payment services for the future, in particular startups that:
• Automate banking systems
• Streamline or disrupt payment solutions, personal banking, customer insight or SME services.
• Develop additional services on the DNB's infrastructure (PSD2/Open Banking)
• Create new insurance products or solutions
• Working on new PropTech concepts
We are looking for ambitious teams consisting of at least two people with global ambitions. The companies should preferably have launched their product, or have plans to launch within the next six months.
The core team must be able to move to StartupLab in Oslo for the period between 14. March and 13. June 2019.