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Passion

This is how and why we get involved

Our passion is to support teams to bring new ideas in to business.

Every day we meet and talk to people that have an idea or want to discuss a new solution with someone from our team. It can be a solution to a problem they have experience themselves in their daily life, sometimes it´s an issue they have been working with for many years in the work or position, or it can be answers, solutions or products from researchers.

We are the lucky supporters.

We involve so you can follow your dream. We use our network, competence and capital so your team will succeed.

Our skill is to find value through ideas so you can go on and create a great company.


Our mandate - why we are doing this
The University of Stavanger and other collaborative research institutions are committed to being part of the transfer of innovative technologies, even faster and more successfully than before – for the benefit of society.

For us, it´s all about innovation, and we are the support team for new teams and early stage business in many different ways.

How do we fix this?

Validé five tools for growth

We use five entrance to the innovation prosess

Technology Transfer Office (TT0)
The aim of Validé TTO is to commercialize new innovations and discoveries that result from acedemic research and research and development (R&D) to another part for the benefit of the society. Our process involves every stage of the innovation chain from the identification of innovative ideas until licensing or start-up venture, throughout securing Intellectual Property Rights (IPR), innovation management and business development.

Validé TTO’s main mission is to close the gap between science and industry by building a solid and sustainable bridge between inventors and industrial partners.

Validé is TTO partner with seven research institutes.

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Incubator
Every year we welcome around 50 companies to join the incubator. Incubation is a method where promising entrepreneurial ideas and startup companies get connected with an established and structured environment to achieve its potential.

Research has shown that 87% of incubator companies survive.

Network, expertice and access to capital is the main resources in the incubator. Companies develope themselves in the incubator 1-3 years.

Our incubator is focusing on: Energy, health and digitization.

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Accelerator
To speed up your startup, you may need some skills and methods to reach the market, get investors or trim your business model. Validé have four spesial designed acceleration programs.
ITSA Start - five weeks, five skills. Let see if your idea can fly. You don´t need to have a company, yet, to join ITSA Start.
GründerAcademy - eight weeks, business skills to let you startup grow. Network, mentorship, investor presentations and a national startup competition with 250.000 NOK to the winner.
ITSA Growth - 12 weeks businessprogram designed to make startups grow, national and international. This is an accelerator program made for startups who have a product, costumers, with 2-5 years experience in the market and who is ready to invite investors and partners to grow their businesses
EIRAccelerator - digital business program designed for startups doing solutions and products in the health care businesses.

The mission is to give early-stage startups the tools, ecosystem support, and pitch confidence to boost business into a reality. In ITSA dreams come true.

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Early stage investment
• Validé AS invests in companies that are innovative and have growth potential.
• Validé Invest I AS is the name of our pre-seed fund of NOK 30 million. It was established in 2016, and have made 11 investments in companies with great potensial
• Validé Invest II AS is a pre-seed found of of NOK 31,5 million. It was established on 1 July 2020. Strong players are with Validé AS in this fund; such as Lyse, TDVeen, DSD, Adiungo, Nysnø Klimainvesteringer and Stavanger municipality's growth fund. Validé Invest II have made four investments (2022).

Public supporters, nationally and regionally, also contribute to early-stage companies through public funding programs.

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Clusters
We are always looking for companies that want to innovate together with others. Validé is hosting one cluster, and we are partner with five others.

Norwegian Smart Care Cluster (NSCC) have more than 200 companies and 70 municipalities and organizations as members. In november 2019 the health cluster qualified themselves to ArenaPro-status from Innovation Norway and SIVA.
The cluster runs a test lab, LivingLab, for members and other companies that need to test their solutions and technology before going to market. The lab is called Norwegian Smart Care Lab (NSCLab)

Validé is partner with five other clusters:
• Vital infrastruktur arena, called the VIA cluster (ArenaPro)
• Energy Transition Norway (ArenaPro)
• Nordic Edge Smart City Cluster (ArenaPro)
• Stiim Aqua Cluster (ArenaPro)
• Norwegian Offshore Wind Cluster (ArenaPro)

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Business Broker
Validé has assignments from VRI Rogaland

VRI's mission is to connect and help establish business / start-up companies and research environments to collaborate to achieve innovation and increased value creation. Our VRI-brokers will also help companies find the right financial support schemes.

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50

companies
join our incubator annually

87%

incubator companies
survive

2-3

years
in incubation