Founders of early-stage African startups are invited to apply for the Norrsken Accelerator
Applications for the Stockholm-based Norrsken Accelerator, which offers US$125,000 in cash and access to an eight-week business development program, are now being accepted from African early-stage startups with a “vision for a better future.”
In 2016, Norrsken was founded by Niklas Adalberth, a former member of the Swedish financial unicorn Klarna, with the goal of assisting entrepreneurs in overcoming the most difficult problems in the globe. The Norrsken Founders Fund, Norrsken VC, and Norrsken House, a co-working space in Stockholm that accommodates over 350 impact entrepreneurs, make up its ecosystem.
According to Disrupt Africa, the foundation opened offices in Kigali, Rwanda, in 2019 and stated that it intended to use this location as a base for investments throughout East and Central Africa. In November of last year, the fund closed its first African technology growth fund, which raised US$205 million.
Applications from entrepreneurs worldwide are being accepted by the Stockholm-based Norrsken Accelerator for its 2024 cohort, which will be housed at Norrsken House from July to September. It is looking for pre-seed, impact-focused enterprises with strong business models based on cutting-edge technologies.
After receiving US$125,000 in equity capital, a select group of global initiatives will participate in an eight-week “sprint” at Norrsken House in Stockholm.
“You will have round-the-clock access to a workspace created with impact and technology entrepreneurs in mind throughout this period. In order to support you in scaling and growing your impact and business, we’ll collaborate with you to create a personalized program and schedule one-on-one meetings with pertinent mentors and experts, according to Norrsken.
“At Norrsken Investor Day, you’ll present your proposal to a group of hundreds of investors, partners, and clients. At the conclusion of the program, we will have one last celebration, but it won’t be farewell. We’ll keep helping you by providing a forum for contacts with investors, partners, and peer advice and criticism.
You can apply online through the end of April.
