Accelerating your growth
Pangstart Accelerator is Smart Innovation
Norway’s three-month program to accelerate tech scaleups for growth. We help by providing customers, capital and talents in record time.
Pangstart Accelerator lasts from September to December 2020.
Submit your application now! Deadline is 24th of august.
Pangstart Accelerator is an experience-based program designed by serial entrepeneurs, investors and seasoned leaders.
About the program
A 3-month, high-paced, experience-based accelerator program designed by serial entrepreneurs, investors, and industry leaders to help tech scaleups raise capital and boost their sales. Since 2016 we have accelerated more than 100 startups, and 95% are still operational and have been funded. We have successfully scaled some of Norway’s most hottest startups, and learned that running a successful startup/scaleup ultimately boils down to the founders ability to convince investors and customers; thus we have made that the focus of our program.
Throughout the program you’ll work closely with up to 20 investors attending our other program that runs in parallel with the accelerator, Pangstart Invest. In Pangstart Invest, the investors will screen your business case and make it more attractive, thus increasing your chanse of recieving funding. All investors are required to have a minimum of 50 000,- in available funds earmarked co-investing in the accelerator participants.
Smart Innovation Norway alumni companies include Unloc, TotalCtrl, LeadX and eSmart Systems.
1
Book office hours with our team of experient business developers and investors.
2
1 on 1 meeting with the staff of Smart Innovation Norway to identify potensial customers and partners within our network
3
Experience-led workshops in critical practices like go-to-market strategy, fundraising and sales.
4
Startups graduate from the program by attending Demo Day, presenting to investors looking to join funding rounds.
WHY YOU SHOULD APPLY TO PANGSTART ACCELERATOR
OFFICE HOURS
Valuable mentoring from successful serial entrepreneurs and investors.
CUSTOMERS
Through our network of over 100+ corporations, we can help you create valuable deal flow.
CAPITAL
We can co-invest with our network of investors to fuel your growth.
OUR EXPERIENCE
For the past 6 years, we have accelerated 50+ startups and helped them raise over
100MNOK in funding.
NETWORKING
Join networking arenas where you can exchange knowledge with other like-minded entrepreneurs.
DOMAIN EXPERTISE
We have experienced advisors across most industries that are on standby ready to fill your needs.
OUR ALUMNI HAVE A GREATER CHANCE OF SUCCEEDING
HAVE BEEN INVESTED IN
IS STILL OPERATIONAL
ARE RANKED AS THE BEST IN NORWAY
WHO IS THE PROGRAM FOR?
Our core expertise is Smart Energy Systems, Applied AI & digital transformation, Smart Cities, and sustainable business development. Thus, our program is tailored for scaleups who match our areas of expertise, but also tech scaleups in general. Most successful applicants have already raised some initial funding, received positive market validation (paying customer), have a product, and a team.
Roughly, ten scaleups are selected every year to take part in the program.
All selects companies have to pay a program fee of 20.000 NOK
These are the requirements:
- International potential and ambitions
- At least one paying customer
- Have a team (at least one technical co-founder)
- Have a product (minimum functional MVBP)
- At least one founder works full-time
PROGRAM OVERVIEW
Pangstart Accelerator
03.09
Introduction
Meet the other scaleups and advisors, and set expectations for the program.
Pangstart Accelerator
05.10
Product
User persona, product vision and positioning and lean product development.
Pangstart Invest
26.10
Startup evaluation and due diligence.
Pangstart Accelerator
13.11
Finance and Funding
Investor readiness, from startup to scaleup, metrics and due diligence.
Pangstart Accelerator
04.09
Market Part 1
Growth marketing and metrics.
Pangstart Invest
12.10
Kickoff
Meet the investors.
Pangstart Accelerator
30.10
Team
Your business model, revenue model, pricing and activity-based costing.
Pangstart Invest
23.11
Team
Deal negotiation and fundraising planning.
Pangstart Accelerator
01.12
Demo Day
Present your scaleup to an audience of investors.
Pangstart Accelerator
18.09
Market Part 2
Sales techniques and creating a sales culture within your organization.
Pangstart Accelerator
16.10
Business Model
Your business model, revenue model, pricing and activity-based costing.
Pangstart Invest
09.11
Due diligence and deal negotiation.
Pangstart Accelerator
23.11
Finance and Funding Part 2
Company evaluation, due diligence data room and investor presentation.
THE GOAL OF PANGSTART ACCELERATOR IS TO HELP YOU RAISE FUNDING AND BOOST SALES
Funding
- We may invest in you
- We introduce you to investors
- We prepare you for the investment process
Sales
- We match you with our 100+ corporate partners
- We facilitate pilot projects
- We help you brand and position your startup
PANGSTART TESTIMONIALS
