This week, applications open to the fourth edition of Sweden’s largest entrepreneurship competition for startups and growth companies – Serendipity Challenge. The finals will be held during Almedalsveckan 2017, where 50 of the most innovative, up-and-coming companies from Sweden and the Nordics will once again gather at the most important arena for policy making, trade, enterprise and societal issues.
The competition is arranged by Serendipity in collaboration with Industrin tar matchen and targets entrepreneur-led companies, from all industries with a unique innovation or business concept that can change, improve and develop their existing industries. The competing companies are evaluated upon the scalability of their products and services along with their potential to establish themselves on the global market.
– Serendipity Challenge has grown continuously every year, and for the first time, we invite our Nordic neighbours to participate in the competition. By doing so, we add an extra dimension of diversity and edge to the competition and to the tech arena, a venue space dedicated to be a meeting point between the competing startups and the established industry, says Omid Ekhlasi, head of Serendipity Challenge.
– Innovation is what moves Sweden forward. The aim of Serendipity Challenge is to give Swedish entrepreneurs an opportunity to grow their companies and contribute to the labour market and the welfare of tomorrow, says Magnus Huss, general director of IKEM and spokesperson for Industrin tar matchen.
The purpose of Serendipity Challenge is to elevate and showcase Sweden and the Nordics as a hotbed for the innovative companies of the future, as well as connecting entrepreneurs, corporate leaders, investors, politicians and collaboration partners.
– Last years’ final of Serendipity Challenge showcased the impact of Almedalen as a platform for established corporations to connect with upcoming companies. With our delegation of 50 startups and more than 100 entrepreneurs, the opinion-makers of our time, it stood clear that Almedalen is a highly relevant arena for startups and growth companies to build strong business relationships. The amount of visitors to the tech arena, and the interest for the Serendipity Challenge during 2016 exceeded our expectations by far, says Omid Ekhlasi.
50 companies will be selected by a well renowned jury and will, in addition to competing in the Serendipity Challenge, exhibit their innovations at the tech arena in the city centre of Visby. The winners of each category will be awarded with a growth package, to a value of SEK 200 000, and a seat on the winner delegation trip to Silicon Valley, San Francisco later this autumn. The competition will also be followed by a conference with the theme “from startup to billion revenue company,” held in Stockholm in autumn 2017.
Serendipity Group was founded in 2004 with focus on building innovative companies based on scientific discoveries. Since its inception, the group has founded and managed more than 15 technology companies. It’s portfolio contains listed and privately held firms that operate within advanced material, animal health, bio technology, clean technology and medical technology. www.serendipity.se
About Industrin tar matchen
Industrin tar matchen is a joint initiative by 14 Swedish industry organisations. Its mission is to clearly communicate the importance of a strong and sustainable business and vital industry in regard to Sweden’s welfare. www.industrintarmatchen.se
About the Serendipity Challenge
The competition aims to give exposure to entrepreneurship and hand company builders the opportunity to showcase their company on the national arena. The competition also aims to highlight Sweden and the Nordic region as hotbeds for innovative, emerging enterprises that change, improve, and develop their industries on a global level as well as function as a connecting venue and a hotspot for entrepreneurs, executives, investors, politicians, and partners.
For more information, please contact:
Omid Ekhlasi, Head of Serendipity Challenge