Danske Bank announced on Thursday it kickstarted a 10-week training program for 10 specifically selected Nordic start-ups. According to Danske, the program aims to help them fine-tune their business plan and increase their growth opportunities.
Danske reported that from October 2018 to January 2019, all 10 start-ups will have a temporary base at SingularityU in Copenhagen and take part in a programme targeted precisely at their type of business. It was revealed that only start-ups with a publicly declared goal of contributing to meeting the UN’s Sustainable Development Goals were considered for participation in the program.
The Bank also noted the common characteristic of the 10 selected impact start-ups is that their products are designed to help solve environmental or social issues. While sharing more details about the program, Klavs Hjort, Head of Business Innovation at Danske Bank.
“Our new Accelerator programme builds on the initiatives introduced in recent years, primarily the launch of the portals The Hub and +impact, which are virtual meeting rooms for tech start-ups and investors. It is our hope that a targeted effort over 10 weeks, including mentoring, training and networking, for these 10 businesses will multiply their chances of survival.”
Danske went on to add that participation in the program is free of charge