StartupLab is Europe's largest incubator for technology startups located in Norway and Berlin. It supports over 60 companies and 130 entrepreneurs with flexible workspaces, advice, access to capital, industry partners, and networking opportunities. The goal is to facilitate startup growth in Norway. The Founders Fund is a group of successful Norwegian tech entrepreneurs who invest in early stage startups with no follow-on investments. They partner with other investors and take a pragmatic approach, focusing on the people and exiting investments early to reinvest the funds. They make 20-30 investments between 500,000 and 1.5 million Norwegian kroner on average per startup. Some industries rely on stimulating startup growth to drive innovation in their field

1. Tor Bækkelund
Managing Partner, StartupLab
Nov. 2013

3. StartupLab in brief
● StartupLab is Europe’s largest incubator made for
technology startups within IT/Tech:
- More than 60 companies with 130 talents
- Presence in Silicon Valley and Berlin
● Our goal: Drive, facilitate and support the growth of
new companies in Norway
● We offer a combination of flexible work space, free
and friendly advice, access to early stage capital,
industry partners and a broad network

6. Founders Fund in brief
● Some of Norway’s most successful tech entrepreneurs who wants pay
forward and help foster a stronger entrepreneur community
● Early stage, no follow-up investments, partner with other investors
● Unique investment philosophy based on experience at Oslo Science
Park (4x returns over 10yrs)
- Pragmatic to the original idea, it will change and improve along the way
- People focused
- Exit early and reinvest
● 20-30 investments in the range of MNOK 0,5 - 1,5 each, average 1
MNOK per investment

7. So, how and what can
corporates learn from startups?

8. Let’s look at the differences

9. Resources
Culture
Legacy
Motivation
Corporates
Startups
Opposites

10. Can existing business foster new
business? Yes you can!
• Most importantly, meet the entrepreneurs
• If you are keen on creative input to your business
model or your products; “tell it on your web site!”
• Best case; you get something relevant and
affordable
• Even better case; it impacts your strategy positively

11. Some industries depend their
innovation on stimulating an
undergrowth of startups
- Successful?

12. Silicon Valley