Accelerator program details

Since we first announced our upcoming accelerator programs; StartupLab Accelerator and DNB NXT, we’ve been getting some good questions about what the program is really about. Sure, you get a 1MNOK investment (up to 2,5MNOK including public grants), but this is also a three month program that we’ll take you through. Here are some more details:
As you enter the program, you’ll be given desks at StartupLab, where you’ll work alongside the other participating companies. You will get weekly follow-up from a dedicated member from our team, supporting you on how to best take advantage of our wider community (industry experts, corporate partners, alumni etc) to move faster. We also hold weekly lunches for all accelerator companies, where we invite experienced entrepreneurs to share insights and knowledge.
All accepted companies will also get access to a wide range of credits and free services. This includes $100.000 in free hosting credits from AWS, Microsoft and Google, $50.000 in free payment processing from Stripe, $12000 in credits at Rackspace as well as huge discounts on products like Hubspot. Furthermore, you’ll get access to our service providers, including free consultation with legal experts from SANDS, accountants from Ekstra Ressurs and patent lawyers from Dehns. And if you’re working on something related to Internet of Things, we have set up some additional support. All this to help you move forward faster.
Obviously, we’ll continue to help you after the demo day. We continue to give introductions, advise and help — the only thing that really stops is the weekly lunches. We succeed when you succeed, and when incentives are aligned great things tend to happen. Most of the companies from our previous accelerators are still located at StartupLab, and more importantly, still growing.
We believe our accelerator is one of the best ways to take your startup to the next level. If you don’t take our word for it, check out these two testimonials from founders who participated in our previous accelerator programs:
I strongly recommend the StartupLab accelerator. It forced us to focus on what’s important and build momentum. Being part of StartupLab has for us been of immense value.. You sit together with some of Scandinavia’s most knowledgeable people, and get to tap into their networks, skills and sea of experience. The accelerator was crucial for our growth, from securing smart investments, strategy development to customer acquisition.
Soheil Dabestani, co-founder DiffiaAs a startup, you want to conquer the world and pursue all opportunities at once, but it is super important to be pragmatic and define an initial market segment to focus on first. Startuplab and the accelerator helped us to sharpen our focus, segment our potential market, and outline a customer profile to begin with. This helped us set priorities for our company and product development efforts, and create a great solution for addressing our customers’ needs.
Sarah Muller, co-founder ImersoIt was like stepping aboard a rocketship, and we’d never be where we are today without the accelerator. Most important for us was StartupLab’s corporate partners, but we’ve also been introduced investors, press and customers outside our own network. There’s so much knowledge within the StartupLab team and community, and we leveraged that to the fullest!
Geir Atle Bore, co-founder FundingPartner
If you want more details about our upcoming accelerator, or want to apply— head over to either StartupLab Accelerator or DNB NXT right now. Application deadline for both is January 31st 2018!
