BizDev.

Norrsken Accelerator

What are you looking for?

  1. Impact: We invest across all UN SDGs, but we demand that your impact is intentional. We are sector agnostic, and impact sector agnostic. We focus on finding the most promising startups within various sectors and helping them to scale. As long as you’re using technology and you’re solving a big societal or environmental problem, we’d love to hear from you.
  2. Business model & Technology: We don’t have any preference when it comes to business model but we demand that your impact is intentional. We are looking for companies where positive impact is an integral and non-negotiable part of the business model, so that as your business grows, your impact automatically scales with it. Beyond that, what’s most important to us is that your company has the potential to scale, and that it aims to leverage technology to do so quickly.
  3. Stage: Because of the terms of our investment, we’re ideally suited to supporting companies at an early (pre-seed) stage. This means that you’ve identified a clear market opportunity and path to market with your product. You’ve also gone beyond the idea-stage and have something to show – you’ve probably built or are currently building an MVP. However, we are happy to support startups who have made more progress than that, and help fast-track your success from the starting point that makes most sense to you.
  4. Geography: We accept applications from anywhere in the world. The 8 week sprint takes place in Stockholm during the (European) summer. Remote participation is not recommended and something we want to avoid.

What happens during the program?

We’ll start off by investing $125k in your company.

You’ll then join us for an 8 week sprint at Norrsken House in Stockholm. During this time you’ll have 24/7 access to a workspace designed with tech and impact entrepreneurs in mind. We’ll work with you to tailor-make a program and set up 1-1 sessions with relevant mentors and experts, all designed to help you scale and grow your impact and business.

Finally, you’ll pitch to an audience of hundreds of investors, potential partners and clients at Norrsken Investor Day.

We’ll host a final celebration at the end of the program, but it’s not goodbye. We’ll continue to support you as a platform for peer advice and feedback, investor and partner connections.

How does the application process work?

Apply by filling in the application form (you’ll find it on norrsken.org/accelerator). Once you’ve submitted your application, expect to hear back from us within 3 weeks. We process applications on an ongoing basis so the sooner you apply, the better your chances of getting in.

Applications received before the end of April 2024 will be considered for the 2024 summer cohort, those received after will be considered for the next cohort.

If your application is successful, you will then be invited to a short first interview with us.

About

NextBillion publishes free ads for business development opportunities available to enterprises working in low- and middle-income countries. These may include accelerators, competitions, funding opportunities, incubators, requests for proposals, and training courses. To submit an ad, click on the “Submit BizDev Opportunity” button above.
 

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