GreenUP Accelerator
Is your startup working on climate tech solutions? Go from startup to scale-up in 20 months and get up to one million kroner in funding.
Do you need help with your GreenUP application?
We can assist you with your application to GreenUP and answer questions regarding formalities.
GreenUP Accelerator is your green growth journey
GreenUP Accelerator is Denmark’s most ambitious growth program for climate tech startups focused on CO2 reduction. The goal is simple: to scale startups working on green solutions and technologies that make a difference in reducing CO2 emissions.
With GreenUP, you can transition from startup to scaleup in 20 months through an intensive and ambitious growth program. Upon completion, you’ll be ready to enter international markets and seek an investment in a Series A round.
Participants can get funding up to 1 million kroner and more than 75 hours of 1:1 mentoring, all to develop your business with a sustainable and innovative solution.
The program is a tailored course with an in-depth startup phase to test the participants. Selected companies then move on to an intensive and customized scaleup phase.
We collaborate with Industriens Fond and Denmark’s most prominent CO2-footprint specialists, The Footprint Firm.
Facts about the participants in GreenUP
They secure funding – on average, DKK 17 million is raised by the participants who complete the program.
They grow – on average, there are 14 employees at the end of the program among the GreenUP participants who complete the program.
They create viable companies – 100% of the participating startups in GreenUP are still alive.
Previous GreenUP participants
Former participant in the GreenUP Accelerator ensures solar energy for DTU Science Park
The climate tech startup, The 0-Mission, became part of DTU Science Park’s growth program, GreenUP Accelerator, in 2023. From 2024, they match the electricity consumption of the companies in DTU Science Park with the production...
GreenUP accelerator start-up, Tempty Foods, enters partnership with market-leading food company Marlow Foods
Tempty Foods, a former GreenUP Accelerator participant, is not only the first company in the world to use Marlow Ingredient’s mycoprotein, but also the first Danish company to launch mycoprotein-based products on the market.
How GreenUP Accelerator became a game changer for the startup
Explore the transformative potential of GreenUP Accelerator, a beacon of innovation within Denmark’s deep tech community at DTU Science Park. Our mission is to propel startups swiftly and cost-effectively to market success with groundbreaking products....
With GreenUP, you get:
- Over 75 hours of 1:1 advice on topics including law, accounting, sales, marketing, and product development.
- 15-20 hours of sparring on sustainable business models, sustainable accounting, and reporting with The Footprint Firm, Denmark’s most prominent CO2 footprint specialists.
- Over 20 hours of advice on how to raise capital as well as exposure to attractive investors.
- A team of mentors from our mentor program.
- Sparring and networking with like-minded individuals.
GreenUP is conducted in English, and it is free to participate.
We invest time in startups with innovative CO2-reducing solutions
GreenUP Accelerator is for companies with climate-friendly and CO2-reducing solutions within energy, industry & buildings, food & agriculture, and transport.
At DTU Science Park, we work with sustainability every day. GreenUP aims to get climate-friendly solutions to the market faster and cheaper.
How does the program work?
Each year, more than 100 companies apply to participate in GreenUP. Out of these, 30 startups are selected for a week-long boot camp. 15 advance to a four-month startup phase, and 8-12 startups can continue in a 16-month customized scale-up course.
Key dates in the GreenUP Accelerator program.
February 5, 2024
Early bird deadline
March 4, 2024
Deadline for applications
Applicants will be notified on March 20th if they are invited to the Bootcamp..
April 4th to 12th, 2024
Bootcamp
Bootcamp with 30 startups. Here, 12-15 startups will be selected to start the program (each startup will participate for one day during this period).
May 13th to 17th, 2024
Program Start (Startup Phase)
Program start with 15 startups (including participation in DTU Startup Day on May 16th).
December 1, 2024
The scale-up phase begin
3 sprints with 3-5 strategic individual focus areas.
February 1, 2026
Graduation
How does it work?
A 20-month intensive and tailored program that prepares companies for growth.
Phases in the program.
Bootcamp
First week.
30 startups participate. We determine who is the best match for the GreenUP Accelerator and select 12-15 startups to proceed.
The startup phase
4 months.
We provide you with the necessary knowledge to run a business in 12 disciplines. The goal is to achieve Product Market Fit and sell your solution to the first customer.
The work phase
2 months.
You continue to work on the different disciplines on your own. To progress from the four-month startup phase, you need to achieve Product Market Fit.
The scale-up phase
16 months with 3 sprints
This phase builds the foundation to scale your business. Along with the Program Manager, you select 3-5 strategic focus areas per sprint. Each sprint must be passed to proceed to the next.
Startup phase: 12 Disciplines that create a solid foundation
Participants work on 12 disciplines in the startup phase to ensure a Product Market Fit.
Here, participants meet with the Program Managers weekly to evaluate the disciplines. Participants only progress to the scale-up phase if all 12 disciplines are in order.
Scale-up phase: Get ready to scale
In the scale-up phase, the program is tailored, and depending on resources, products, and challenges, 3 to 5 strategic focus areas are selected to work on in each sprint. Choose among these disciplines:
- Corporate Agenda
- Leadership & culture
- Growth in the organization
- Systems & processes
- Financial reporting
- Sustainable business models and reporting
- Scaling of supply chain
- Product strategy
- Financing strategy
- Go-to-market and sales strategy
- Marketing and communication strategy
- Internationalization
When we started on the GreenUP Accelerator 16 months ago, we were 4-5 people, and now we are more than ten people working at Enyday. Moreover, we have a clear Product Market Fit and validation from our customers. We are developing into a real company that thinks about distribution channels and the like.
For me, it's eye-opening that one can create a program for so many different startups so compactly - and still make it relevant for each of us. After the first day, we learned how fantastic it is that we really can support each other and learn from each other. And also the fact that we are not competitors. So we can share openly.
It was a decisive moment when we got into the GreenUP Accelerator. One or two months later, we closed the funding round, and since then, we have accelerated what we were doing. Our (growth) journey started from day one.
When we started in GreenUP, only our CEO and I were financing our business. We have just begun our Series A financing round and received numerous soft funding investments. We are now 12-14 people in the office in Aarhus and have international partners in four countries. GreenUP has helped us on this journey.
The program has given us much more than we expected. We have developed competencies in all areas related to our startup and enjoy being part of a community with a skilled Green-up Accelerator team and dedicated specialists within each discipline.
After being a part of the startup environment in Copenhagen/Denmark for more than two years, we have a good feel for what different accelerators focus on and how they interact with startups. GreenUP is the best in Denmark and is designed to help green startups grow. We wouldn’t be here right now without the help of this unique program.
Increase your chances of getting funding
The GreenUP program enhances your chances of securing funding. Through individual counseling, pitch training, and access to the right investors, the program ensures you are well-prepared when seeking funds to develop your business further.
- Receive guidance from our Investment Manager
- Pitch training
- 1:1 counseling with relevant subject matter experts
- Assistance in creating a pitch deck
- Matchmaking with potential investors
Meet the growth team in GreenUP
In GreenUP, a strong professional team is in place to assist you on your growth journey. The team has many years of practical business experience and consists of business developers, corporate partners, and subject matter experts.
These are the individuals who will help and advise you through 20 months.
Collaborate with our corporate partners
At DTU Science Park, several corporate partners collaborate with startups through acquisitions, investments, or access to unique knowledge.
We are the link between you and them and can help find the right match for your business.
Corporate partners
Explore new and innovative technologies
Discover the GreenUP Accelerator startups on their journey to develop new and innovative technologies aimed at addressing the demands of the green transition. All participants have been carefully selected based on their scalable solutions, ambitious technologies, and, not least, their commitment to contributing to a responsible future. Dive into their world and see how they can help develop the technologies of tomorrow.
FAQ about GreenUP
Here are some of the questions we frequently receive about our GreenUP program. You're also always welcome to contact us if you need assistance.
GreenUP is a 20-month long growth program for tech companies that work with climate-friendly solutions.
To be considered for GreenUP, you must work with solutions that are climate-friendly and CO2-reducing.
As a participant in GreenUP, we assist you in transitioning from startup to scale-up in 20 months. You can receive up to one million kroner in funding, more than 75 hours of 1:1 advice, and access to potential investors.
You submit an application with a pitch deck. If selected, you start on a bootcamp with around 30 other selected startups.
Approximately 8-12 startups complete the entire 20-month program.
DTU Science Park is a secure place where we never share your information without consent. However, the office where you reside is an open space with many people, so if you have highly confidential information, you should consider when to share them.
The pre-investment of one million kroner is offered as a convertible loan, which benefits startups. You are not obligated to accept the offer. The GreenUP program also provides much more than financing.
The pre-investment of one million kroner is offered as a convertible loan, which benefits startups. You are not obligated to accept the offer. The GreenUP program also offers much more than financing.