ITSA Growth is a four month 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, funding 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:
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: 19th Feb 2020 - Demo Day.
28 000,- NOK pr. company. The ITSA program is supported by the public partners Rogaland County Council, City of Stavanger and SIVA.
The Fundraising for Startups® extra module is free, covered by Innovation Norway.
Who can apply?
Early growth companies
Companies with a clear intent to grow
Companies that is fundraising within the next 6 - 18 months
Has a ready product/service
Companies with 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?
We support the UN Sustainability Goals. Companies in the program should be able to define at least two sustainability goals that is supported by the companies strategy.
We recognize all of the 17 goals - and have a special 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
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
Due diligence and risk assessment
Financials & Fundraising
Investment terms and deal making
Plans and performance
Strategies for raising capital
Strategies for growth
Access to industry network
Access to fundrasing network