Contact

ITSAccelerator
Validé AS, Innnovasjonspark Stavanger

Richard Johnsensgate 4, 4021, Stavanger
Norway

​​

Tel: +47 40 87 20 75

ITSA@valide.no

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© 2019 created by ITSAccelerator

ITSA GROWTH

"If we had participated in ITSA in the first phase of developing our company, our path to success would have been significantly easier."

Randi Wågø Aas, CEO Presenter

Our four-month program is a training program for dedicated early stage growth companies. The program is designed to give early growth companies the business development tools, network, investor leads and skills to get fundraising ready and grow.

ITSA Growth is developed and facilitated by Validé in collaboration

with our partners:

About the program
Develop skills and network to become fundraising ready
 

The ITSA Growth Program is developed and facilitated by Validé in collaboration with our partners.
Validé is ranked as one of Norway’s best incubators. We have 20 years of experience in developing and investing high risk capital in new companies. We are early phase specialists and have a current portfolio of around 80 companies. ROI on our ten best exits is 14. Validé has successfully run five previous accelerator programs.

Our four-month program is a training program for dedicated early stage growth companies. The program is designed to give companies business development tools, network, investor leads and skills to get fundraising ready and to grow. The program will take companies through five essential themes: Know yourself, Due diligence & Fundraising, Know your market, Strategies for raising capital and Strategies for Growth.

 

ITSA Growth with Fundraising for Startups® module
The Fundraising for Startups module is part of the Innovation Norway competence programs and it is run in collaboration with Angel Challenge. This model is as an additional part of the program and
free of charge.

During the four months, 8 - 10 companies will meet for five sessions of two full day gatherings. The sixth session is the Final Demo Day. The full day gatherings are built around company presentations, lectures, workshops, investor and industry meetings, mentoring and networking events.

 

ITSA Growth focus on three verticals:

ENERGY
 

HEALTH
 

SMART TECHNOLOGY
 

Program Dates


Session 1: 30th & 31th Oct 2019. Session 2: 20th & 21st Nov 2019. Session 3: 10th & 11th Dec 2019. Session 4: 14th & 15th Jan 2020. Session 5: 4th & 5th Feb 2020. Session 6: 25th Feb 2020 - Demo Day.


Program Fee
 

40 000,- NOK pr. company. The ITSA program is supported by the public partners Rogaland County Council, City of Stavanger and SIVA.

Fundraising for Startups® extra module is free, covered by Innovation Norway.

Who can apply?

  • Early growth companies
     

  • With teams of 3 + people
     

  • Companies with a clear intent to grow
     

  • Companies that is fundraising within the next 6 - 12 months
     

  • Has a ready product/service

  • Has a proven market and some sales
     

  • Compay must be located in Norway
     

  • Company must operate within the area of Health, Energy or Smart Technology
     

  • Cover at a minimum two of UN Sustainability goals in the companies strategy

What´s your impact?

The program supports the UN Sustainability Goals. Companies in the program should be able to define at least two goals supported by the companies strategy.
This is the seven goals we focus on:

3: Good Health and well-beeing, 5: Gender equality, 7: Afordable and clean energy, 9: Industry innovation and infrastructure,11: Sustainable Cities and communities, 12: Responsible consumption and production,17: Partnerships for the goals


 

Program content
The program will take companies through five essential themes:

 

The program has five main themes
1. Know yourself
2. Due diligence & Fundraising (including FFS extra module)
3. Know your market
4. Strategies for raising capital
5. Strategies for Growth

FFS extra module

• Due diligence and risk assessment

• Financials & Fundraising
• Investment terms and deal making

• Plans and performance

Whats in it for you

  • Pitch training & feedback sessions

  • Market evaluation

  • Due diligence and risk assessment

  • Financials & Fundraising

  • Investment terms and deal making

  • Plans and performance

  • Market understanding

  • Strategies for raising capital

  • Strategies for growth

  • Access to industry network

  • Access to fundrasing network

  • Mentor

Partner network
The program will take companies through five essential themes:

 

WHAT PEOPLE SAY

Kristoffer Kingsrød, CEO VOED

Fantastic. Great team, great partners and great offices.

Flavie Gohin, CEO Fishency

Great program, great people, great partners. You will learn how to pitch, you will refine your business model, you will share with other teams and you will increase your network. you will enjoy it!

Terje Hauan

If you have a good idea, this might be one of the better ways to get it forward!

ITSAccelerator

We care about passion

With our 20 years experience of developing and investing in early-stage companies, we know that people with passion succeed faster and better.