Introduction
Norrsken Accelerator, based in Stockholm, Sweden, extends an invitation to early-stage African startup founders who are driven by innovative visions for a better future. The accelerator program promises funding of $125,000 and participation in an intensive eight-week business development program. Let's explore how Norrsken Accelerator is empowering impact-driven entrepreneurs across Africa.
Empowering Entrepreneurs
Established in 2016 by Niklas Adalberth, a co-founder of Swedish fintech giant Klarna, Norrsken Accelerator is dedicated to assisting entrepreneurs in tackling the world's most pressing challenges. The accelerator forms part of the broader Norrsken ecosystem, which includes Norrsken House—a dynamic co-working space in Stockholm accommodating over 350 impact-driven entrepreneurs, the Norrsken Founders Fund, and Norrsken VC investment branch.
Expansion into Africa
In 2019, Norrsken expanded its operations into Kigali, Rwanda, positioning it as a strategic hub for investments across Eastern and Central Africa. Notably, Norrsken recently concluded its inaugural African technology growth fund, raising a remarkable $205 million. This signifies the organization's commitment to fostering innovation and driving positive change on the African continent.
Call for Applications
The Norrsken Accelerator is currently accepting applications worldwide for its 2024 cohort. The program, scheduled to take place from July to September at Norrsken House, targets impact-driven projects at the pre-seed stage with robust business models built on innovative technologies. Early-stage founders with a passion for creating social impact are encouraged to apply.
Tailored Support and Mentorship
Selected startups will benefit from a tailored workspace conducive to tech and impact entrepreneurship, along with personalized mentorship and expert guidance aimed at scaling their ventures. The program offers round-the-clock access to resources and networks essential for business growth and development.
Investor Day and Beyond
The program culminates in Norrsken Investor Day, where participants have the opportunity to pitch their startups to a diverse audience of investors, potential partners, and clients. Beyond the program's conclusion, Norrsken remains committed to fostering long-term relationships with its alumni, providing ongoing support, advice, and facilitating investor and partner connections.
Application Details
Entrepreneurs interested in joining the Norrsken Accelerator program can submit their applications online until the end of April. This represents a unique opportunity for early-stage founders to access funding, mentorship, and a supportive ecosystem geared towards driving meaningful impact and sustainable business growth.
