African early-stage founders with a “vision for a better future” have been invited to apply for the Stockholm-based Norrsken Accelerator, which provides US$125,000 in funding and access to an eight-week business development programme.
Founded by Niklas Adalberth, one of the founders of Swedish fintech unicorn Klarna, in 2016, Norrsken aims to help entrepreneurs solve the world’s greatest challenges. Its ecosystem consists of Norrsken House, a co-working space for over 350 impact entrepreneurs in Stockholm, the Norrsken Founders Fund, and Norrsken VC.
Disrupt Africa reported in 2019 the foundation had launched operations in Kigali, Rwanda, which it said it planned to use as a base for investing across the East and Central African region, and it closed its first African technology growth fund at US$205 million last November.
The Stockholm-based Norrsken Accelerator is now accepting applications from startups globally for its 2024 cohort, which will take place at Norrsken House between July and September. It is seeking impact-focused ventures with solid business models built on innovative technologies, at the pre-seed stage.
Selected ventures from across the world will receive US$125,000 in equity funding, and then take part in an eight-week “sprint” at Norrsken House in Stockholm.
“During this time you’ll have 24/7 access to a workspace designed with tech and impact entrepreneurs in mind. We’ll work with you to tailor-make a programme and set up one-on-one sessions with relevant mentors and experts, all designed to help you scale and grow your impact and business,” Norrsken said.
“Finally, you’ll pitch to an audience of hundreds of investors, potential partners and clients at Norrsken Investor Day. We’ll host a final celebration at the end of the program, but it’s not goodbye. We’ll continue to support you as a platform for peer advice and feedback, investor and partner connections.”
Applications are open here until the end of April.
