Digital Solutions Accelerator

Apply to this 4-month startup accelerator in Helsinki, Finland for the chance to partner with one of the world’s leading providers of renewable solutions. Enjoy free coworking space and mentoring, plus the opportunity for up to approx. $162,700 USD in equity investment (see conditions below).

Applications for the most recent batch have closed. Follow Lootstrap on Facebook for updates!

Location

  • Helsinki, Finland

Length

  • 4 months

Additional Benefits

  • Lean startup program focused on the following metrics:
    • Growth and scalability
    • Design and user experience
    • Distribution and customer acquisition
  • Partner with Stora Enso, one of the world’s leading providers of renewable solutions
  • Free coworking space in Maria 0-1 in Helsinki, one of Europe’s largest startup hubs
  • World-class executive education program delivered by Aalto ENT
  • Access to a network of over 200 world-class mentors

Who Can Apply

  • Early-stage startups that can take on challenges in the renewable materials industry
  • Have been registered as a company
  • Companies with innovative ideas and products in the following sectors preferred:
    • Smart factories
    • Supply chain track and trace
    • Customer experience
    • Technology with the potential to transform the renewable materials industry
      • Digitalization, software, IoT, big data, analytics, AI, VR, robotics, and more

Selection Criteria

  • Quality of your pitch, as well as your team, idea, and business model
  • Ability to work with Stora Enso to your mutual benefit

Application Process

  • Written application with your free F6S account
    • 1-minute online video introducing your team
    • Pitch deck of 7 to 8 slides (PDF)
  • 20 teams chosen to participate in Selection Days in Helsinki, Finland
  • 6 winning teams pitch to Stora Enso

Conditions

  • Team must relocate to Helsinki, Finland for the duration of the program
  • Vertical reserves the right of first refusal to invest with a 25% discount within one year

Post-Program Perks

  • Opportunity to use the coworking space and services for two more months
  • Continued help and mentoring available
  • Chance for up to €150,000 in additional investment from Vertical (see conditions above)

Website

As always, this program takes ZERO equity!