Innovation Skåne

Blog @ innovation skåne

2017.08.09

The entrepreneur’s guide to startup accelerators

The growing popularity of accelerators is an encouraging sign, as it supports a growing startup ecosystem and gives entrepreneurs more chances to succeed. Today’s corporates are becoming significant players in this market with their corporate accelerator programs – motivated by keeping up to pace with innovation.

The first seed accelerator, Y Combinator, started in the US in 2005. As with many stories in the startup world, what happens in Silicon Valley rapidly spreads around the world. Today Europe sees a rapid increase in startup accelerators including top-rated seed accelerators such as Seedcamp (London), Startupbootcamp (Europe) and Startup Sauna (Helsinki).

What is a startup accelerator?
While traditional business incubators often are government-funded and generally take no equity, startup accelerators can be either privately or publicly funded and often comes with an investment. Accelerators “graduate” startups by a given deadline, typically after 3-6 months. During this time, they receive intensive mentoring and training, and they are expected to iterate rapidly. Startup accelerators typically end their programs with a “Demo Day” when the startups present their business to investors.

Most startup accelerators are highly competitive – Fast Track Malmö last year received 400+ applications and accepted only six companies. Here’s a great post on how to get accepted to an accelerator (in this case Y Combinator).

Startup accelerators in Southern Sweden
Here’s a compiled list of accelerators in Southern Sweden or close by that you as a Scanian can benefit from. Best of luck with your startup acceleration!

Last application day
Accelerace Copenhagen Tech, Foodtech, Cleantech, Life Science, Medtech November 1, 2007
Eon Agile Nordic Malmö Energy related February 2018
Ericsson Garage Stockholm August 23, 2017
Fast Track Malmö Malmö Spring batch 2018 soon open
Health2B Lund Connected Health Fall batch 2017 soon open
HealthTech Nordic Fast Tracks Lund HealthTech Open for applications
IKEA Bootcamp w/ Rainmaking Älmhult August 9th, 2017
Sopact Helsingborg/Lund Social ventures September 11, 2017
StartupSauna Helsinki September 15, 2017
Sting Stockholm Internet/media Open for applications
Think Accelerate Helsingborg August 27th, 2017
Water Innovation Accelerator  Lund  Water related

More useful links
F6S – Accelerators in Sweden and Denmark
An up-to-date database of Corporate Accelerator programs around the world

Do you know more accelerators for entrepreneurs in Southern Sweden (or close by)? Help us complete the list – send an email to anna.wilkens@innovationskane.com and we’ll keep the list up-to-date.

Author:

Anna Wilkens

Communications Manager/Business Advisor Anna.wilkens@innovationskane.com +46 729 752 620

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