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Final Day of the Arctic Accelerator Program

Over the past three days, Team Locat3d wrapped up the final phase of the six-month Arctic Accelerator program with an event in Tromsø. During this session, the team engaged with experienced investors who provided valuable feedback on their pitches and the quality of their presentations.

Written by Info/Locat3d
Published 4. June 2023

The six-month Arctic Accelerator program ended with a gathering in Tromsø. Photo: Locat3d

“Intense days,” said Thomas Bentzen, CEO of Locat3d, with a broad smile. He barely had time for an interview, as he was set to head to Oslo and other destinations in just a few hours.

How would you describe the last six months?

“It’s been challenging, rewarding, and fun! The support from Arctic Accelerator has been exceptional. I must also give credit to Kupa and their team. We had no idea, six months ago, that such expertise was only 700 km north of our office in Mo i Rana.”

What has been the most significant aspect for you?

“The high standards and rigorous demands! They really set a benchmark to strive for.”

The Arctic Accelerator program is designed to fast-track promising early-stage startups, helping them refine their business concepts and become investment-ready. A critical element of the program involves mentorship, which provides intensive business development support. Launched in 2016 by Kupa, an innovation company, the program is supported by Sparebank 1 Nord-Norge, Innovation Norway, and Siva.

Participation in the program comes with strict requirements. Companies must be less than five years old and have a business address in the region. Additionally, their business ideas must be scalable, technology-based, and contribute positively to sustainable development.

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