Small home markets with a limited amount of potential customers make it difficult for Nordic cleantech entrepreneurial startups to get enough customer references, and thus the critical proof-of-concepts needed for attracting investors and making further growth possible.
The Nordic Cleantech Innovation Cluster project hopes to remedy this by building an innovation cluster network that primarily extends across the borders over Sweden, Denmark and Norway, but is also reachable for Finland and Iceland.
The idea is that this network will overcome the small-market challenge by establishing a larger Nordic home market, providing at least three to four times as many prospects from which the startups can find pilot customers. The objective is that it will give the cleantech startups the customer references needed to attract investors, and strengthen the companies’ capability to grow internationally.
Project description
Small home markets with a limited amount of potential customers make it difficult for Nordic cleantech entrepreneurial startups to get enough customer references, and thus the critical proof-of-concepts needed for attracting investors and making further growth possible.
The Nordic Cleantech Innovation Cluster project hopes to remedy this by building an innovation cluster network that primarily extends across the borders over Sweden, Denmark and Norway, but is also reachable for Finland and Iceland.The idea is that this network will overcome the small-market challenge by establishing a larger Nordic home market, providing at least three to four times as many prospects from which the startups can find pilot customers. The objective is that it will give the cleantech startups the customer references needed to attract investors, and strengthen the companies’ capability to grow internationally.
Project participants
Sweden: Cleantech Inn Sweden/Teknopol AB (Project Manager)
Norway: Oslo Renewable and Environment Cluster (OREEC)
Denmark: ETEQ Venture Support
Project partners
Sweden:
Cleantech Inn Sweden/Teknopol AB (Project Manager)
Norway:
Oslo Renewable and Environment Cluster (OREEC)
Denmark:
ETEQ Venture Support
