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Stage 2 of the Nordic Scalers call for project outlines

It is not a pre-requisite to have participated in Stage 1 to be able to compete in Stage 2. A formal consortium consisting of partners from at least 3 Nordic countries as well as the program concept and business model must be in place for stage 2. The goal is to select approx. 3 – 5 Nordic Scalers proposals in Stage 2. Deadline is 16 February at 14.00 CET.

Application form for stage 2.

Nordic Scalers evaluation criteria in Stage 2

All applications in Stage 2 will be evaluated on the basis of the following three criteria:

A. Impact

  • Business level: Nordic Innovation seeks projects with potential to create high impact for Nordic scale-up companies, in terms of business opportunities and sustainable growth, increased skills and competencies, access to new networks, customers and global markets.
  • Nordic level: Applicants should describe the Nordic added value of the project (why will it be advantageous to operate at Nordic level as opposed to e.g. at national or local level).
  • Societal level: Applicants must clarify how the projects will address joint societal challenges or relevant Sustainable Development Goals. The projects should also have a potential for positive impact for increasing diversity and inclusion.
  • Exit strategy: All applications must demonstrate how they intend to ensure the sustainability of the business model and impact creation during and after the 2-year project period.

B. Quality and relevance

The application must show relevance in regard to:

  • Nordic Innovation’s mission: To contribute to sustainable growth, increased entrepreneurship, innovation and competitiveness for Nordic companies.
  • Value proposition for Nordic scale-up companies.
  • Potential for positive impact for maintaining the Nordic region as an attractive place for scale-ups to stay and operate in.
  • Potential to meet real market needs.
  • Credibility of the program concept and sustainability of the business model.
  • Ongoing scale-up initiatives and networks nationally and internationally (Nordic Scalers program should be complementary and build on best practice).

C. Competence and implementation

  • The consortium must demonstrate necessary and relevant implementation capacity and competences. The role, responsibility, competences, and track record of each partner must be described. Short CVs (1/2 page per partner) may be attached.
  • All partners should add competence to the consortium and play a decisive role.
  • The consortium should preferably consist of partners playing a central role in a national/regional/international scale-up ecosystem.
  • The Nordic added value and synergies created through the consortium and wider networks as a whole. Describe which Nordic and global actors / networks are actively utilized during the program and how.
  • The project plan and management should be realistic, well-structured, and clearly defined. An activity plan must be included, briefly describing which type of activities will be conducted.

Application form for stage 2.

Please see the Call text for Stage 1 as a background: Call for Project Outlines: Feasibility Funding to Develop the Next Generation of Nordic Scalers.

Contacts

Portrait Anna-Maija Sunnanmark

Anna-Maija Sunnanmark

Senior Innovation Adviser
Anna-Maija is a finance and business development professional with 20 years’ of experience in identifying innovations and scalable business models in various industries in international context with execution capability, a can-do-attitude, holistic perspective and passion to build on Nordic strongholds.

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Portrait Nina Egeli

Nina Egeli

Senior Innovation Adviser
Internationalization, innovation and business development support, in combination with a strong background in strategy and policy development are main pillars in Nina’s professional life. Through project design and management, she aims to fit market needs with relevant services and opportunities that allows new business partnerships and business projects to prosper.

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