The deadline for applications for the Nordic Cleantech Open is only a week away. The competition is a great opportunity for Nordic seed-stage companies to turn their ideas into successful growth companies by accelerating business development and exposing them to prominent venture investors both in the Nordic region and the rest of the world.
Great opportunity for Danish companies
Last year, only one company represented Denmark in top 25, and we at the Innovation Center Denmark would strongly recommend Danish companies to apply. We see the competition as a great opportunity for Danish companies looking to accelerate and get invaluable feedback. And there is no doubt that Denmark has a lot to offer on the cleantech front. The Nordic Cleantech Showcase, less than two weeks ago, was a good example of this, as Danish One Heat, Me-Mover, and Black Silicon Solar pitched their ideas to a panel of Silicon Valley investors.
More than ‘the winner takes it all’
The aim of the competition is to strengthen innovation and accelerate development of Nordic cleantech companies. This is done, first of all, by giving all applicants valuable feedback from some of the most skilled and experienced people within the industry, not least the impressive jury and advisors available for the applicants. For the top 25 companies, the Nordic Cleantech Open will offer travel grants, workshops, software solutions, and most of all mentorship from accomplished entrepreneurs, as well as the obvious market advantages of being among the top 25 in the world-leading Nordic cleantech scene.
Entrants can be individuals, teams, or early-stage companies, but one criterion is that the applicant has received less than €750,000 in external equity financing. The deadline is December 7th and you can apply right here.