A convertible note of €50,000 that will convert to equity at the next equity financing round, is issued to all startups on the batch.
This is a fast and simple way to get early financing on favorable terms without the need of a premature company valuation and without burdening company finances with early debts.
We will also help you with legal documents such as term sheets and shareholders’ agreements. Unlike many startup accelerators we don't charge a program fee so the full investment is yours.
This year we are running our accelerator both in Malmö and online. The best of both worlds. Two intense bootcamp weeks in Malmö and the rest online.
You will take part in weekly workshops on marketing, sales, fundraising, and growth and be asked to complete deliverables around these topics to make your company investment-ready.
You will meet investors every week on our Investment Tuesdays in order to grow your network, improve your understanding of the investment world and raise your next round.
We will also have bi-weekly 1on1 sessions with mentors and coaches to keep you on track, help you with any problems that arise, and help you accelerate in the most efficient way.
Fast Track has an allocated area at Minc, the startup house of Malmö. Minc is located in the heart of Malmö, close to most tech and media companies, and currently hosting over 300 entrepreneurs.
As a member of Fast Track, you will receive access to all of the co-working resources designed specifically for startups including a reception, WiFi, free meeting rooms, inspiring talks and keynotes, the whole Minc network and of course unlimited coffee.
Would you like to get your private office space at Minc? It is possible for an extra cost. Ask us about it!
All Fast Track companies will pitch at the Nordic Demo Day stage, which is the biggest matchmaking event between investors and startups in Southern Sweden.
Nordic Demo Day is held at the end of May or beginning of June and is attended by more than 100 investors including some of the biggest international VC funds scouting for their next investments.
Nordic Demo Day is designed as the best place for you to meet your future investor and raise your seed round.
Malmö has one of the most exciting and vibrant startup communities in Europe and is perfectly located just 30 mins away from Copenhagen and 20 mins away from CPH Airport, the busiest and best- connected airport in the Nordics.
Malmö also has a very diverse community boasting 190 nationalities, making it the 4th most international city in the world just after New York, London, and Washington DC. Startups in the Southern Sweden and Malmö region have also raised more capital than any other non-capital in the Nordics so we have a lot of things to be proud of.
A package worth over €250,000 in services and credits from companies such as IBM, AWS, Google, Microsoft, Matlab and Stripe.
Building a great product involves using a lot of different services to speed up development. We have partnered with some of the best. Use deals from 100+ different services to help launch and scale your startup.
