15 June 2018
Article

20 new companies revealed for DK’s top hardware accelerator program

After months of screening, interviewing and jury voting, 20 ambitious hardware companies have been given a big GO for the new Danish Tech Challenge season.

The companies span wide – apart from all being hardware companies – some represent the medtech industry, some have a great focus on AI – and some are more into IoT.

The program runs in collaboration with the Danish Industry Foundation, and the winner receives – as in previous years – Industriens Fonds Iværksætterpris of DKK 500,000.

More than 300 mio. DKK have already been invested in former Danish Tech Challenge participants.

Meet the new companies here.

Pictures from the event

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Legal & accounting

Discipline owner: NJORD Law Form & Grant Thornton

Purpose

Ensure that all necessary business documents are in place, comply with legal requirements, and prepare the company for potential future investments.

To ensure that the startup can create reliable and accurate financial reporting and manage its liquidity, essential for conducting business and reporting to investors.

How?
  • 1:1 coaching on using accounting systems, reporting VAT/taxes, and setting up P&L budgets and liquidity budgets.
  • 1:1 coaching on how to use the tools and processes to be ready to attract, hire, and train new employees.
  • You will have access to templates that you can use as inspiration for employment contracts, director agreements, confidentiality agreements, etc.
Outcome
  • Budgets
  • P&L structure (Profit and Loss)
  • Tax including company structure
  • Financial reporting