A passionate acceleration team with more than 100 years of collective experience
Biotech/medtech startups are unique opportunities that require years of development, extensive scientific expertise and significant investments. Successful companies improve millions of lives and produce high returns for investors. These high returns inevitably go hand in hand with high risk and high development costs.
The Accelerace team reduces that risk by providing relevant commercial and strategic input based on experience and discussions with their extensive network. This allows you to focus on the critical issues to develop and de-risk your project. We provide customized support and sparring for our founders based on the team’s collective entrepreneurial experience. This is combined with a set of proven coaching tools and techniques which were built by founders for founders.
Our aim is to help establish your company while supplying on the job training that will provide you with the skills needed to support the company’s continued growth.
Once Accelerace has assisted you in defining a clear de-risking path, we are able to offer a longer-term strategic advice option via the Nordic Mentor Network for Entrepreneurship (NOME) which provides selected startups access to world-class mentorship.
What you get
Intensive business training from business developers with industry expertise
Tailored learning labs and workshops where you will get training designed to maximize your business potential
Access to know-how from our corporate partners
Investment opportunity from Accelerace or our partners
Founders Pack with resources and tools worth EUR 50,000+ from Amazon, Microsoft, Hubspot and many more
... and the chance to profit from a unique network
Our startups not only get the opportunity to shape their businesses in the accelerator, the most promising ones even have the chance to join the NOME network. Nordic Mentor Network for Entrepreneurship (NOME) is a mentoring program with world-class mentors which matches Nordic projects and startups with highly skilled volunteer professionals to help them reach their goals and technology milestones.
As a part of the program, NOME also provides a unique platform for startups to participate in a boot camp in the US. There, the projects get access to FDA experts and contacts to on-site representatives. With inspiration from MIT Venture Mentoring Service, the vision of NOME is to develop and implement a best-in-class mentoring initiative that will propel the Nordic countries into one of the leading life science regions to commercialize high growth life science startups.
WHAT IT TAKES
Peter Birk, Ph.d.
Arvind M. Hundal, Ph.d.
Jón Ingi Benediktsson
“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
"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."
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
Frequently Asked Questions
OUR MEDTECH & HEALTH CARE ALUMNI
MagCath developed a single-use, very soft, silicone tube, that the user herself inserts in the urethra each morning. The tube stays in place all day, and has an inner valve, which restores control over bladder voiding.
Cobo Technologies is a biomedical technology company that develops new services and products within the CRISPR/Gene Editing field.
Photologics is an app solution for plastic surgeons and other medical professionals to record, store and categorize patient photographs, which are used for planning surgeries, documentation and patient information. The solution allows quick and easy access and a more fluid way to manage patient photography.
RowAnalytics is an AI solutions company innovating high dimensional, hyper-combinatorial data analytics to solve grand challenges in health, food and smart living. RowAnalytics’ innovative tools enable the personalization at scale required to deliver next-generation precision medicine, digital health and smart IoT solutions, with exciting potential in the field of precision agriculture.
Aglance Solutions is advancing the communication and documentation of health symptoms through the development of a digital body mapping and pain tracking software.
Sonohaler is a medical device and app that enables the acoustic monitoring of inhalation of asthma patients by connecting the device to an inhaler and measuring the sound output with a smart phone. Using the app peak flow, flow patterns and flow volume can be monitored and used to evaluate lung function and drug administration.