Get ready for the Future of Work with Accelerace
Symbion, the largest co-working operator in Denmark, and Accelerace have joined forces to establish a dedicated Future of Work accelerator. The accelerator will strengthen the positive development and help to innovate and develop new sustainable and strong commercial Future of Work companies.
We combine knowledge, resources, mentoring, and business acceleration capabilities with venture capital, corporate partners, open co-working infrastructure and facilities to establish a foundation for developing successful Future of Work companies – as well as attracting international startups to the Nordic ecosystem.
What you get
Startups accepted into the program can be offered up to € 60.000 in Pre-seed funding from Accelerace and our syndication partners (conditions apply).
WHAT ARE WE LOOKING FOR?
How we work is changing dramatically these days and we are only seeing the beginning of the revolution! We – both as individuals and as businesses – require freedom and flexibility. We need to be able to work anywhere and anytime as the World becomes increasingly global. These trends have giving rise to the concept of co-working, where individuals, startups, SMBs, and even corporate embrace a new, flexible, and social way of working together.
All startups within the space of Future of Work can apply. In this program, we are especially looking for startups working with Big Data, IOT, ML/AI, and similar technologies to help co-working and real estate operators to:
Design co-working spaces to maximize both productivity and utilization.
Operate co-working spaces in the most efficient and profitable manner.
Deliver value-adding services to members of the co-working community.
Create strong communities and ecosystems for startups, entrepreneurs and SMBs.
Determine optimal locations for new co-working spaces.
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.
"Months after graduating the Accelerace programme, we experienced strong growth, got a seed investment, grew our team and certainly expanded the number of bikes in the streets counting 2000 now in 40+ locations. The key learning from the Accelerace program was the how to focus on your beachhead and kill your darlings that are outside the focus."
"The program was an effective accelerator and a good introduction to relevant business partners and approaches. In particular, the dedicated mentor and the structured approach to testing commercial hypothesis during the program were key for the breakthrough of Transporteca."
"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!”
“We have been really pleased with our participation in Accelerace and the strategic counseling which have proven to be crucial in raising capital to make our visions come true and to meet the expectations of our owners.”
“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."
Partners and sponsors
The Future of Work accelerator is backed by dedicated partners to establish an accelerator that can strengthen the positive development and help to innovate new sustainable strong commercial Future of Work companies.
Has accelerated +500 startups over the last 9 years and is one of the leading accelerators in Europe. Also, they have invested in +70 startups and have helped leading international corporates in open innovation and startup engagement.
The largest and most experienced co-working operator in Denmark. Symbion operates multiple spaces in the Copenhagen areas and strives to become the most modern and innovative co-working operator in the World by engaging with leading corporate partners and startups.