The Danish Startup Ecosystem Guide - Magasin - Side 49
Accelerate the path to success
Startup incubators and accelerators are programs designed to support and
nurture startups, helping them develop their ideas and bring their products or
services to market.
Foto: Canute
I
ncubators are programs that provide
resources and support to early-stage
startups, often at the ideation stage.
They offer a range of services, including mentoring, training, office space, and
access to funding. The goal of an incubator is to help startups develop their ideas,
refine their business plans, and build
their teams. The Danish startup incubators are usually also connected to a fixed
location such as a university, coworking
space, or a science, technology and development park.
Accelerators, on the other hand, are
programs that help startups to grow and
scale. They typically last 3-6 months
and do not require you to move into
a specific location. Accelerators focus
on startups that have already laun-
Powered by TechSavvy & Heyfunding
ched their products or services and are
looking to expand. Accelerators offer
similar services to incubators, but they
are often more focused on helping startups to access funding and scale their
businesses quickly.
Scale alongside likeminded people
Both incubators and accelerators seek to
make the road to success less bumpy for
the startups they accept. This is mainly
done by offering mentorship and support
- e.g. BioInnovation Institute, Soundtech
Accelerator and Vækstfabrikkerne, who
accelerate startup growth through deep
industry knowledge. Startups in these
programs typically work closely with
experienced entrepreneurs and
business leaders, who can provide
49