How we are truly different
Let’s be honest. Many accelerator programs are just facilitating networks, guidance and events. We know that most startups, however, struggle to define a scalable business model and have a limited runway and need to identify before their money runs out.
Our teams are industry-specific but also work in cross-industrial groups to solve your problems. We apply specific tools and use our collective experience, corporate partners and brainpower to find the right solutions.
The effect will be that you identify your scalable business model. The result will be that we and/or other quality investors offer you money. We know because we’ve been doing it for almost 10 years with a startup survival rate of above 88%. Now we will do it for you.
The application process
Fill the mandatory application form now with informations about you and your startup.
We will now go through all applications.
An assigned team of business accelerators will select and interview startups in this period.
The selected startup will get a final approval of the programme
Mandatory kickoff camp for all startups.
The program will be tailored to your startup, to run in this period.
“Accelerace validates your ideas and everything you’ve been working on. I mean, they have been looking on so many companies for so long, they have been entrepreneurs themselves. They know the game.”
Founder of VI.ER AKVAVIT
“Accelerace helped us at a critical early-stage financing. This meant that we were able to finish our pilot study and raise an investment. With this investment, we could initiate our large scale randomized clinic study, and obtain evidence that our treatment can help the patients. The study has just been completed and currently we are busy bringing our LeucoPatch product to the market to help patients heal chronic wounds, like diabetic foot ulcers. We are happily looking back to our time in Accelerace.”
Chief Operating Officer, Reapplix
"I found the Accelerace program is unique in that it actually gives you a real chance of securing a pilot with a big company. Our biggest milestone more recently is, that Arla has decided to do a pilot with us. Obviously enabled by the Accelerace program, which is wonderful."
Founder of Mimicalab
"In the beginning of the accelerator, we had a workshop where we got a thorough review of our past major decisions (e.g. what we have done and why). It was a good retrospective to form a base for future decisions. We are now forming stepping stones and a roadmap on what is needed for a complete scalable business model."
"The Accelerace team has in the one month already proven to be a massive source of support, belief and education. It has increased our knowledge and keeps sharpening our focus while opening up doors to new corporate partners. We already have heavyweight director’s joining as mentors providing invaluable insight how to grow our business further.”
“Driven by the growth of renewable energy sources and the rise of digital technologies, the energy landscape is in transformation. Tomorrow, the consumer will have an ever more active role to play as a ‘prosumer’. This will offer opportunities to existing but also new actors. By joining forces, Elia and Accelerace aim to provide the necessary support and technical expertise to nurture innovations and help start-ups grow in the electricity sector.”
Strategic Partnership Manager Elia
At the Novo Nordisk Foundation, we are very pleased with the Nordic Mentor Network for Entrepreneurship (NOME) that Accelerace has established over the last year. Today NOME covers the entire Nordic region including life science start-ups from all Nordic countries and several high-level mentors in the network. NOME is surely on its way to become the beacon in the ecosystem that we had hoped for from the very beginning.
Head of Operations, Novo Nordisk Foundation
"Enel and Accelerace had the opportunity to collaborate in the implementation of the INCENSe program, a European accelerator funded by the European Commission. The collaboration was great, as the startups selected received a really valuable support and were well prepared to get in touch with Enel’s business lines to implement their solutions."
Head of Startup Initiatives Enel
"Accelerace helped us optimize our business model and scale our sales process. We grew from 10 to 25 employees, and we have tripled our revenues. We could never have done this without the help from Accelerace!”
“Above all, being part of the Accelerace program helped us understand how investors think. That’s basically why we were able to refine our business model, nail our pitch and eventually secure substantial venture funding to develop and grow our business."
"The Accelerace program has helped us with our strategic priorities in reaching product-market-fit. We have saved time and boosted our progress as a direct result of the advice we received from our Accelerace mentors and at their workshops. We are deeply grateful for the personal and professional way that the program has been executed and we do not hesitate to recommend Accelerace to other SaaS startups."
What you get
WHAT IT TAKES
Frequently Asked Questions
Yes, you can attach documents to your application. If you scroll down the application page (For startups/Apply) you will be able to attach files. All your documents and other details will be kept confidential.
It depends a little on technology and market, but from the level of MVP, prototype or more. Our focus is market development.
Our program is 100% flexible, individualized and efficient and designed around the challenges that companies at your stage experience. The content is centered around learning labs, workshops, mentoring and coaching that are tailored to your needs. We’re a specialized scaling platform rather than a traditional acceleration program.
No. You don’t necessarily need to relocate since we can do the mentoring remotely. However, you do need to register your company in Denmark (CVR number) and have some activity here e.g. participating in camps and client or investor meetings.
If you do wish to relocate to Copenhagen, we will help you with administrative tasks, logistics, discounts and help you get in touch with the right people.
Well, it’s up to you – however here are the most obvious 5 reasons:
1) We focus on late stage startups that are already on the market and we help them scale. Most other programs are incubators or early stage accelerators.
2) We match you directly with our leading corporate partners that are interested in your technology and which in return will offer your know-how, insights and expertise.
3) You’ll get an extra ressource on your team and not just a mentor giving you ad hoc advices. Our business accelerators & investors spend 180 hours with your startup. Now that’s really something.
4) Think of it as a shortcut to the Northern European markets. Not only is our startup tech scene vibrant and booming, but we also offer a hotbed for clean tech, food and life science and a gateway to the Nordic countries. Denmark is home to 22% of the scaleups in the Nordics – and together the Nordic countries have almost 6 times as many scaleups as the average country in continental Europe, and 9 times more than in Southern Europe.
5) Denmark is one of the most digitalized and innovative countries in Europe. Our bustling, creative startup scene has fostered some of the world’s most successful tech companies and disruptive startups within AI, big data, block chain, healthtech and IoT.
We don’t take equity in your startup. We do however include a tag-along right, so if you find an investor during the program, we have a right to co invest on the same terms as your lead investor (up to DKK 1 mio.)
Our program is partly funded by the Danish Government and leading Danish and International corporates with the goal to attract startup talents and create growth.
Our program is designed around challenges that companies at your stage experiences. Consider spending about 4-8 hours per week in average, plus time do business development related efforts with the corporate partners. This factor varies from company to company.