Functions open for Norrsken Impression Accelerator

Functions have opened for the Norrsken Impression Accelerator in Stockholm, Sweden, which supply chosen early-stage startups from the world over entry to assist, mentorship and US$125,000 in funding. 

Based by Niklas Adalberth, one of many founders of Swedish fintech unicorn Klarna, in 2016, Norrsken goals to assist entrepreneurs clear up the world’s biggest challenges. Its ecosystem consists of Norrsken Home, a co-working area for over 350 influence entrepreneurs in Stockholm, the Norrsken Founders Fund, and Norrsken VC.

Disrupt Africa reported in 2019 the muse had launched operations in Kigali, Rwanda, which it stated it deliberate to make use of as a base for investing throughout the East and Central African area, and final yr it accepted 11 startups from Africa into the inaugural version of the Norrsken Impression Accelerator.

African corporations are once more invited to use for the 2022 version of the accelerator, which is designed to search out the world’s most promising influence startups and assist them scale. The programme contains an eight-week development dash at Norrsken Home in Stockholm and mentorship from a roster of over 50 entrepreneurs, traders and unicorn founders. All startups obtain a US$125,000 upfront seed or pre-seed funding from the Norrsken Basis. 

“We continuously ask ourselves – is that this firm fixing an actual drawback? We’re solely concerned with enterprise fashions the place revenue and influence are actually inseparable. It ought to be the alternative of “for those who purchase one pair of sneakers, we’ll give away a free pair to Africa”, stated Funda Sezgi, Norrsken Impression Accelerator managing director and co-founder.

“We’re on the lookout for startups which have the potential to drive lasting, generational optimistic change to the world, while concurrently constructing profitable, quickly scalable companies.”

Since being accepted into the 2021 programme, the 20 taking part corporations have raised greater than US$17 million in seed or pre-seed funding.

Functions are open right here till the tip of February.

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