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Let us support you along the way

Are you starting up a new innovative company or spinning out from an existing on? We want you to succeed.

Validé runs one of Norway’s leading business incubators. We have more than 20 years of experience developing businesses from initial idea to commercial success, evaluating round 500 ideas and early stage companies annually.

Developing new industries is demanding. It depends on access to good ideas, capital, knowledge, willingness, commitment, network, team, endurance, timing and luck. Validé AS is the region's largest, oldest and best innovation company.

Value & Idé = Validé, we will help to create value if you have an innovative idea. We contribute to new business development through idea assessments, expertise, networking, verification, testing and investment. We have more than 20 years of experience (Ipark, Prekubator TTO & Validé), contributing directly to 100-150 jobs per year in the incubator companies as well as jobs in the growth phase. We have delivered dozens of good exits and contributing to success stories.

Validé invests time and money in early phase companies We have a broad industry and research network, as well as access to public and private capital which we draw on actively in the development of our incubator companies.

The companies in the incubator are raicing capital. In recent years, more than 100 million kroner annually.

For a general inquiry please email us at post@valide.no, or contact our team managers below. The leader of the Validé Incubator is Gry Isabel Sannes

What is an incubator?

Incubation is a method where promising entrepreneurial ideas and startup companies get connected with an established and structured environment to achieve its potential.

Internationally, there is a significant focus on incubation, especially in the United States and the United Kingdom. Minor nations like Israel, Finland and Sweden have managed to position themselves to be leading nations in the world in some niches through incubation activities.

Research has shown that 87% of incubator companies survive.

Why should you and your company be part of an incubator?

Network
The incubator has a large network and works to provide collaborators and alliances to develop the potential of the idea. We cooperate closely with the innovation and research institutes and startup communities in the region, and we have relations with investor and financial environments. We have also attached to people with senior competence in relevant fields.

Expertise
We work closely with Validé communities in Haugesund, Dalane and Jæren, and we have developed good tools and methodologies to ensure the best possible development. We assist in developing business plan and strategy, market assessments, competitor analyzes, internationalization, sales and marketing. We have a good overview of public support schemes, and we guide startups with theire applications.

Capital
If we find that the idea has good value, we also do investment in the company. We invest and involve us with capital and competence, we participate in the board and then we are «in the same boat» as the entrepreneur. We are also working on obtaining additional funding for the project, from current funds and investors.

How do we work with entrepreneurs?

This is a step by step menu through our incubator program

First meeting

Entrepreneurs and company often contact us to introduce an idea, and we arrange a meeting and go through the business idea. We treat all ideas confidentially until otherwise agreed.

We focus on the following areas:

- Energy / renewable solutions
- Health technology and health
- Technology
- Food / Agriculture
- Other

Qualification

If we agree to proceed, we will develop a simplified business plan together, preparing an application and presentation. We often arrange an «acid test» where an expert panel assesses your idea.

Admission

Before you are made for admission, we will sign a principle agreement that tells about Validé´s contributing and part/ownership in the company. We have a goal of 10% ownership in the companies we involve.

Investment / Agreements

If the admission committee give thumb up, we go through the formalization of a contract of employment, investment and shareholder agreement.

Incubation

Let´s get to work! Based on the agreement of support, a plan with specific milestones is being established for the development project. We continuously check out the progress using this plan. It´s the basis for the cooperation. Usually the incubator period lasts for 2-3 years.

Exit
The incubator is reducing our share when external capital do their investments. The principle is that the incubator is part of the ownership as long as we have something to contribute. The incubator have to sell at market price and we use the gain to invest in new projects.

What is required from you?

What is required for being accepted in the incubator?


Innovation
To be admitted to the incubator, the idea must have an innovation elevation. It means either a new product, new market, new production method, new materials or new organization.


Growth potential
The business idea must have significant growth potential nationally or internationally.


Competence and ability to implement
Validé offers help so that the business idea faster can be more profitable. It is nevertheless the idea owner or an entrepreneurial team that must be the driving force.


Finance
You must have the opportunity to contribute some of the funding.

Speed up? We call it ITSA


Do you have a startup company and want to speed up your business?


ITSA is a 12 weeks intensive program built to get your startup accelerated, tested in the market, and launched forward with investment. In the ITSA community Startups – Founders – Investors – Mentors – Industrial Partners – All come together in one place.

In the end of the program you will pitch your idea, company and business plan in front of investors, family, friends and a jury. The winner of the ITSA program will be offered a investment from Validé. The winner will also be a candidate for the fund Validé Invest and a minimum investment of 1 mill. NOK.

Want to learn more? itsaccelerator.com
Follow: ITSA at Facebook and Instagram: @itsaccelerator

Our mission is to give early-stage startups the tools, ecosystem support, and pitch confidence to boost business into a reality.

What´s in it for you?

• Our program is packed with lectures, workshops, and guest speakers to give your startup a strong foundation to grow from.

• We have a strong team of mentors and ambassadors that will open up customer and investment leads for you.

• We are powered by Valide. That means we have over 20 years experience in developing new businesses.

• Digital tool kits. We partner with technology, software and service companies to give you the tools you need to succeed.

• Learn to pitch. Every startup has to pitch – to investors, to partners, to customers – and even your Mom. You will break through all barriers and have a 5 minute pitch you can use for any situation.

• Connect + learn. We facilitate workshops with key partners, bring in speakers for insight, and connect you to our network of mentors, startups, and alumni.

• MVP Development and Testing. How do you get feedback from potential customers? Test customers. Test market. Get feedback. Pivot, tweak, and test some more for your market analytics report.