Stockholm Scaleup Program
Do you wish to develop your company? In collaboration with Stockholm's startup scene, we offer a free of charge growth-focused program for companies in Stockholm.
The program is aimed at companies that are founded by at least one underrepresented entrepreneur and have the potential to grow nationally or internationally.
How is the program designed?
The program offers support from business advisors, leadership coaches, meetings with investors and networking with other entrepreneurs.
The program will have multiple group starts each year. Every group engage in a four months long program containing of:
- Group meetings with focus on sharing and learning amongst the entrepreneurs on different themes.
- Business advise from experienced entrepreneurs and business leaders tailored to the participant's needs.
- Coaching with a focus on developing the participant as a leader.
- Scaling toolkit for online training.
- Access to digital lectures, templates etc.
- Pitch training and networking with investors.
Stockholm Scaleup Program will also arrange networking meetups, where participants from different program groups can meet.
FAQ
Among the UN's 17 global goals for sustainable development according to Agenda 2030, there are several that are relevant to development of the business climate in Stockholm. Among other things, goal 8 which is about working for sustainable, inclusive and sustainable economic growth.
For many companies that want to grow and hire, access to business advice and external funding is an important component. However, raising capital is a major challenge for many underrepresented entrepreneurs, statistics show that about 1 percent of venture capital goes to companies founded by women and about 12 percent to companies founded by mixed teams of women and men. Even men with a foreign background and foreign-born men have difficulty raising capital for their companies, State of European Tech 2022 shows that 0.7 percent of the venture capital went to companies founded by ethnic minorities.
Atomico's report, State of European tech's website
Through the Stockholm Scaleup Program, we want to support companies in Stockholm with growth potential founded by underrepresented entrepreneurs, regardless of which industry the company operates in. The concept of under-represented entrepreneurs includes companies founded by women, non-binary, foreign-born men, men with a foreign background, entrepreneurs in the suburbs with a special focus on vulnerable areas, young people (18–23 years) and people with disabilities.
To participate in the program, you must meet the following criteria:
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Stockholm Scaleup Program is aimed at companies with growth potential founded by at least one underrepresented entrepreneur, independent of which industry the company operates in. The concept of under-represented entrepreneurs includes companies founded by women, non-binary, foreign-born men, men with a foreign background, entrepreneurs in the suburbs with a special focus on vulnerable areas, young people (18–23 years) and people with disabilities.
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The company's registered office must be in Stockholm.
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The program is primarily aimed at companies that have a proven and scalable business model, a team, the company is facing an expansion within Sweden or internationally.
Companies in earlier or later phases can also apply for the program, as the company's growth potential is the most important. Groups will be formed according to the company's phase, and program start in time can therefore vary.
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The participant can set aside the necessary time for participation in the program, on average about 4 hours per week for various activities.
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The programs will be conducted in Swedish and English, applicants must therefore master one of these languages.
- You start the application process by filling out the application form here on the website.
- After registration, you will send in more information about your company, business model, market, customers, sales, etc. You may also submit a short pitch.
- The companies that are judged to live up to all criteria are interviewed.
- The application is processed in the program group.
The program will continuously accept the applicant before each program start, so submit your application now.
Groups are put together with regard to the phase the companies are in and the application is therefore open for several group starts at the same time.
Participation in the program is free.
If you are admitted to the program, you will be matched with one of the following partners for business advice. You will also meet some of them in workshops. Leadership coaching is held by I do AB.
Celavi Verksamhetsutveckling
Epicenter
Feminvest
I do AB
Institute for Transition
Institute for Transition's website
Kunskapsbolaget
Merandum
Otherways
Rosebud Ventures
SUP46
Starta eget Stockholm is the City of Stockholm's service for new entrepreneurs where support is offered in the form of lectures, workshops and individual business coaching.
The program will be run mainly with physical meetings. Individual meetings may, however, be digital, as determined by the advisor/coach and the contractor.
However, this may change if new restrictions are introduced.
In total, you need to be prepared to invest about 4 hours per week in the program, some weeks you may not have any activity planned at all. Group meetings are 4 scheduled activities 3 hours per meeting spread over 4 months. Business advisory and leadership coaching takes place on an individual basis and is planned directly between the contractor, advisor and coach. Work with the Online Scaling toolkit includes your teams participation and you will decide when you work with the tools during the 4 months. Lectures, workshops and network meetings are optional.
The program is conducted mainly during the day Monday-Friday.
Group meetings, seminars, workshops, counselling and coaching take place in Swedish or English, so you need to master one of the two languages well enough to be able to take in more complex information and communicate with counsellors, coaches and other participants in the group.
We are looking for companies run by underrepresented entrepreneurs who have growth potential. You do not have to own the company alone, it is fine if you have partners who are not part of the target group. We have no other restrictions regarding, for example, industry.
The program is primarily aimed at companies that have a proven and scalable business model, a team that probably consists of one or more founders and employed staff, the company is facing an expansion within Sweden or internationally.
Companies in earlier or later phases can also apply for the program, as the company's growth potential is the most important. Groups will be formed according to the company's phase, and program start in time can therefore vary.
Apply to the program
Admission is ongoing. Apply to participate in Stockholm Scaleup Program by filling out the form below.
Application process
- The first step in the application process is to submit an expression of interest in the form above.
- After registration, you will be asked to send in more information about your company, business model, market, customers, sales etcetera. You may also submit a short pitch.
- The companies that live up to all criteria are interviewed.
- The program group processes all applications and then announces those who have been admitted to the program.
The program will continuously accept applications to fill the groups before each program start, so submit your application now.
Groups are put together with regard to the phase the companies are in and the application is therefore open for several group starts at the same time.
The program is completely free of charge.
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