The DNB NXT Accelerator 2022

For the seventh year running, DNB and Startuplab are inviting startups to take part in the DNB NXT Accelerator.

Illustration of timeline: 28.08.2021 application deadline, 24.10.2022 participants selected, 09.11.2022 accelerator kick-off and 26.01.2023 demo day.

About the programme:

The accelerator programme lasts for 3 months and gives you a unique opportunity to explore a potential partnership with us in DNB. We provide relevant resources and key people, and you’ll also receive an investment of NOK 1–3 million from Startuplab, and get to utilise their broad network.

We especially invite the following to apply:

Nordic tech startups
Companies with a diverse team

Click to apply

Revelling in the success of previous years, we are inviting, for the third year in a row, the insurance company Fremtind to work closely with relevant startups in the programme.

Would you like more information about the programme?
Get in touch with:
DNB - Maria Archontoulis
Startuplab - Nissik Juell

The Accelerator contains the following

Startuplab gives you:

NOK 1–3 million in investments (only applies to Norwegian companies)
Three months’ office space at Startuplab
Weekly follow-up from a dedicated member of the Startuplab team
Access to Startuplab’s network
weekly lunches for all participants where we invite experienced entrepreneurs and investors to share their knowledge and insights;
access to free consulting with legal experts from SANDS, accountants from Ekstra Ressurs and patent lawyers from Dehns.

DNB gives you:

a mentor from a relevant business area;
a sponsor from senior management;
access to relevant expertise;
a broad network consisting of internal and external resources;
potential partnerships.

The same applies whether you’re a business working with Fremtind

Other benefits

Who is this suitable for?

The DNB NXT Accelerator is not just for traditional fintech startups. We are looking for entrepreneurs who drive innovation across all financial services and work with big data, artificial intelligence, cyber security, blockchain or other aspects of banking and payment services for the future.

Current participants

- Develop functionality that can improve the customer journey in DNB’s digital channels (Mobile Bank, our corporate mobile bank or the savings app DNB Save)
- Facilitate and/or accelerate the shift to a more circular and/or sharing-based economy
- Make investments more inclusive and/or accessible to all
- Develop sustainable solutions that can be used in research
- Help companies to comply with the EU Taxonomy and/or reduce their own carbon footprint
- Improve the purchasing/sales/trade process for customers and/or the trade and service industry
- Develop more effective, sustainable and/or user-friendly last mile delivery solutions
- Develop tomorrow’s seamless, sustainable and/or shared mobility solutions
- Create value within commercial property through increased flexibility for landlords and/or tenants

About Startuplab and the investment

Startuplab invests NOK 1-3 million in return for ownership of around 10 per cent. Startuplab is open to discussing different investment amounts and ownership shares in each individual case.
The investment is made through a SLIP (Startups Lead Investment Paper). For all practical purposes, this works as a convertible loan, which means that your business maintains the ability to incentivise employees with shares as well as paying salaries in the short term.
With the investment, the business can apply for all early-stage financing that requires matching capital. This means that most entrepreneurs can get an additional NOK 1.5 million in non-dilutive funding.
After conversion, Startuplab makes no additional investments in the business. In other words, the incentives are then the same, since Startuplab is diluted in line with the entrepreneurs.

Our NXT Accelerator Alumni companies

Image of the logos of all alumni companies from 2017 to 2021.

“We were part of the DNB NXT Accelerator and loved the support we got, from the presentation guidance and brand building to technical meetings with data specialists and engineers. DNB helped us with many different aspects of our business”
- Alexandra Gunderson, CEO of Unifai