accelerate your growth
ACCELERATE YOUR GROWTH
Norway’s three-month program to accelerate tech scaleups for growth. We help by providing customers, capital and competence in record time.
Applications for the 2021 program are CLOSED!
Deadline 25th of February 2021
ABOUT THE PROGRAM
A 3-month, high-paced, experience-based accelerator program designed by serial entrepreneurs, investors, and industry leaders to help tech scaleups raise capital and boost their sales. Since 2016 we have accelerated more than 100 startups, and 95% are still operational and have been funded. We have successfully scaled some of Norway’s most hottest startups, and learned that running a successful startup/scaleup ultimately boils down to the founders ability to convince investors and customers; thus we have made that the focus of our program.
Throughout the program you’ll work closely with up to 20 investors attending our other program that runs in parallel with the accelerator, Pangstart Invest. In Pangstart Invest, the investors will screen your business case and make it more attractive, thus increasing your chanse of recieving funding. All investors are required to have a minimum of 50 000,- in available funds earmarked co-investing in the participants.
Smart Innovation Norway alumni companies include Unloc, TotalCtrl, LeadX and eSmart Systems.
Book office hours with our team of experient business developers and investors.
1 on 1 meeting with the staff of Smart Innovation Norway to identify potential customers and partners within our network
Experience-led workshops in critical practices like go-to-market strategy, fundraising and sales.
WHY YOU SHOULD APPLY TO PANGSTART ACCELERATOR
OUR ALUMNI HAVE A GREATER CHANCE OF SUCCEEDING
HAVE BEEN INVESTED IN
IS STILL OPERATIONAL
ARE RANKED AS THE BEST IN NORWAY
WHO IS THE PROGRAM FOR?
Our core expertise is Smart Energy Systems, Applied AI & digital transformation, Smart Cities, and sustainable business development. Thus, our program is tailored for startups who match our areas of expertise, but also tech startups in general. Most successful applicants have already raised some initial funding, received positive market validation (paying customer), have a product, and a team.
Roughly, ten startups are selected every year to take part in the program.
All selects companies have to pay a program fee of 20.000 NOK
THESE ARE THE REQUIREMENTS
Meet the other scaleups and advisors, and set expectations for the program.
User persona, product vision and positioning and lean product development.
Startup evaluation and due diligence.
Finance and Funding
Investor readiness, from startup to scaleup, metrics and due diligence.
Market Part 1
Growth marketing and metrics.
Meet the investors.
Building and managing a growth company
Deal negotiation and fundraising planning.
Present your scaleup to an audience of investors.
Market Part 2
Sales techniques and creating a sales culture within your organization.
Your business model, revenue model, pricing and activity-based costing.
Due diligence and deal negotiation.
Finance and Funding Part 2
Company evaluation, due diligence data room and investor presentation.