Malmo is a great place for early-stage startups!
Fast Track is an accelerator that helps amazing startups launch their product, meet great mentors, get investment and enter the international market.
Fast Track Malmo is based in Malmo, located at the epicenter of innovation in Malmo you will find them at Minc.
Minc is the hub for entrepreneurs, innovators, and investors, owned and funded by the city of Malmö. Their passion is to help more businesses grow faster and smarter. Minc currently hosts over 300 entrepreneurs and as a member of the Fast Track Malmö accelerator, you’ll receive free access to co-working resources designed specifically for tech startups.
Awesome startup community!
They are a joint project by Minc, ALMI Invest, Malmö Startups and Invest in Skåne, all working to improve the startup scene in the south of Sweden.
Two of the most vibrant startup communities in the Nordics within 30 minutes, Malmö Startups and CPHFTW!
About two years ago, the Copenhagen startup scene united and created the community initiative #CPHFTW, today the scene is growing more than ever. Being the little sister of Copenhagen, Malmö followed and started #MalmoStartups.
Today they have two of the most active communities in the Nordics with startup events almost every day and VCs & Business angels flying in a few times every month.
World-class mentors - learn from the best!
Malmö and the Greater Copenhagen region are full of experienced and successful entrepreneurs and business angels who have made significant global exits in recent years. Take full advantage of this friendly, open and growing ecosystem through Fast Track Malmö.
See the list of mentors here. More mentors added continuously. Stay tuned to their social pages.
How much do they invest?
A convertible note of $30,000 that may be converted to equity at the next financing round is issued to all startups in each batch. A selection of startups from each batch will get up to $50,000 to accelerate even more.
This is a fast and simple way to get early financing on very favorable terms without the need of pre-mature company valuation and without burdening company finances with early debts. They also help you with legal documents such as term sheets and Shareholders’ agreements.
Practice your pitch at local angel investment events and secure your investment at the Demo Day.
At the end of each batch, they invite top European investors to Malmö for a full day. Startups get to meet and pitch to a group of carefully selected Angels and Venture Capitalists. Meeting 50+ investors from all around Europe is an awesome start to your seed financing!
How do they work?
Requirements to apply
You are building something with an international, scalable business model, probably using technology.
You are looking for a $100-$800k investment within 5 months on our demo day.
A good pitch for them
Office solutions for tech startups!
Located at the epicenter of innovation in Malmö, close to most tech and media companies, Minc currently hosts over 300 entrepreneurs.
As a member of Fast Track Malmö, you’ll receive free access to co-working resources designed specifically for tech startups:
- Private office at the Fast Track Malmö floor
- Including reception, WiFi, cleaning and unlimited coffee
- Free meeting rooms & conference rooms
- Inspiring talks and keynotes!
The best tools to launch your startup
A package worth over $250,000 of value in services and credits from companies such as IBM, Amazon, Microsoft, and Paypal. Building a great product involves using a lot of different SaaS-services to speed up development. They have partnered with some of the best. Use deals from 100+ different services to help launch and scale your startup.
Joel Larsson - Managing Director
Mina Hesar - Head of Program & Culture
Neil Dunne - Head of Marketing & Strategy
Startups they funded
Fast Track had their first batch in Spring 2016. Over 250 applications were collected and five lucky startups were selected: Learner, LeadWizards, Qlubo, Bit4m (now: Plingpay), and Glance.