Next Step Challenge is an international competition for start-ups working within the fields of next-generation energy and digital products and services. Next Step Challenge offers businesses the opportunity to take full advantage of a unique digital infrastructure.
Worth
- grand prize of up to EUR 250,000 for the winning start-up
- All 10-15 start-ups who qualify for the five-month program, receive a business development package worth approximately EUR 100,000
- All Next Step Challenge participants are enrolled in an extensive six-month business development program
- Two months of preparation where your business is currently located and five months on site in Next Step City
- EUR 30,000 in seed financing (based on a due diligence) when you relocate to Next Step City
- Individual mentoring by external business experts from leading Danish and international companies
- 200+ hours of personal business training from experienced Accelerace consultants
- Learning labs and workshops where you will get intensive training designed to maximize your business potential
- The opportunity to test technology on +260,000 households using one of the world’s most advanced digital infrastructures
- Free office space in Next Step City with access to high-speed broadband
- Free housing in the region during the five-month relocation period (up to three people)
- Rich opportunity to qualify for further financing from Accelerace and other Danish seed funds
- A Founders pack with resources and tools worth EUR 50,000+
- The benefit of a collaborative business environment featuring ambitious companies like your own
- And much more …
Eligibility
- Participants must have a strong idea and the will to make it happen.
- The challenge is looking for start-ups and people with true business courage.
- Startups should be ready to disrupt the market and aspire to change the lives of the people they reach – or even to change the world.
- candidates must have the right product, the right team and the ability to meet the eligibility requirements.
- Candidates must have a proof-of-concept or a MVP (minimum viable product), but its preferable if you already have a product on the market.
- Participating businesses must have several full-time employees that are 100% focused on the core idea.
- They must be able to receive coaching and mentoring in English and stay committed to realizing their business goals
- Part of the Challenge program requires that a minimum of two members from the management team relocate to Next Step City in Esbjerg for a minimum of four months.
- Foreign startup representatives must have valid passports and non-EU residents must be able to obtain the necessary travel documents.
- Since the coaching and mentoring is in English, it is required that you have the language skills needed to get the full benefit of the training sessions.
Application deadline: Wednesday September 30th
To Apply and for more information, Visit here
