The incubator has a sharp focus on intelligent technology, the energy market, smart cities, design thinking, visualization, simulations and sustainable business models. They help startup companies develop and commercialize their products to a point where they are ready for investments.

Experience

Smart Incubator is a department of Smart Innovation Norway and i plays a central role in the innovation environment of Halden. The incubator is closely linked to NCE Smart Energy Markets and they use the cluster for network and experience.

How much do they invest?

Smart Incubator consists of three phases of idea, preincubation, and incubation. In the idea phase, Smart Incubation is open to talking with anyone who has a new idea. They will consult and pre-screen the idea whether it is a product, a service or something else entirely. During the preincubation phase, Smart Incubator will support the development of the first business plan and help you establish a team. In the final phase of incubation, Smart Incubator will help you bring your idea to market while limiting your expenses. The phase stretches over three months during which Smart Innovation will help you acquire capital.

How do they work?

Sharing and teamwork take center stage in the Smart Incubator. They emphasize ideas, teams, and ambitions and they wish to make the early startup face as short and cheap as possible.

Smart Incubator always consult with an external panel before taking in new startups for incubation. They adjust their tools to match the needs of each startup however, they require each entrepreneur to be open for assistance and to know where they want to go.