International accelerator program to create the new IoT stars in Denmark
If Denmark were to invest more in developing IoT we could tap into a huge market potential. But the area has not been cultivated enough to be an important player – yet. So says the CEO of inQvation, an innovation hub that has developed the first international IoT focused accelerator in Denmark together with the startup accelerator Accelerace. Data is the new oil, but as opposed to oil data can be created anywhere. In the coming years, billions of devices will be connected to the internet in a new data revolution. And in that lies a huge market potential that Denmark so far has missed out on. That’s why Accelerace and inQvation have joined forces and launched a structured accelerator program targeting startups working with IoT. The mission is to take an active part in developing each company zooming in on their specific needs with tailored mentoring and helping the founders with access to a large network of experts and test facilities at inQvation. “Our vision is to build an international IoT focused accelerator stretching beyond the Danish borders with a strong program that can attract the best and most innovative startups from all over the world. That is a task we cannot solve on our own. That’s why we are assembling an ecosystem of Nordic and international established companies, mentors and partners to join our program and help us to create the best possible framework for the startups,” says Søren Lottrup, a partner in Accelerace.