New Nordic program helps scaleup companies grow internationally

Aalto University Developing Entrepreneurship (Aalto ENT), BI Norwegian Business School and Nordea Startup & Growth have launched a Nordic scaleup program that aims to help fastest-growing companies grow internationally.

4.5.2021

In the Nordic countries, early-stage entrepreneurs receive a wide range of support, which has enabled many companies to expand internationally. Often, however, companies are unable to reach their full potential and after a fast start, their growth slows down significantly or even stops. The new GlobalScaleX growth program tackles this challenge.

It is important to provide solutions to this problem, as scale-ups create a lot of new jobs, and promote innovation and the economy of their own country. 

The program is aimed for Nordic scale-up companies with a turnover of at least two million euros, which employ at least ten people and have grown by at least 20% in the previous 1–3 years.

According to Minna Wickholm, Business Area Director at Aalto ENT, “GlobalScaleX brings together two leading universities, Aalto University and BI Norwegian Business School. By combining our knowledge, capabilities, and experience, we can support the next Nordic unicorn's growth story and create success in the whole Nordics. Nordea Startup and Growth brings to the consortium the much-needed experience in financing growth and helping companies to scale their business.”

GlobalScaleX consists of five modules, company-specific mentoring sessions, and a demo day during which companies can present their ideas to local and international investors. The program ensures that participants have all the necessary skills and knowledge to reach their full potential in the international market and to network effectively.

“With help from experts, mentors, entrepreneurs, and investors, this program enables companies to achieve growth at an accelerated pace which may be difficult to achieve elsewhere,” says Professor Per Ingvar Olsen at BI Norwegian Business School.

GlobalScaleX is part of the Nordic Scalers project, supported by Nordic Innovation, which aims to promote and facilitate the growth of Nordic companies, as well as cross-border collaboration, and strengthen the Nordic ecosystem of growth companies.

 

More information

Minna Wickholm
Business Area Director, Open Programs
Tel. +358 10 837 3723
minna.wickholm@aaltoee.fi

GlobalScaleX program website

 

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Aalto University Executive Education Ltd offers thought provoking leadership development services (Aalto EE), professional development services for specialists and managers (Aalto PRO), creative solutions covering the whole life cycle of entrepreneurship (Aalto ENT), and finance sector specific skills and knowledge (Finva). Aalto University brings to our offering a multidisciplinary approach, together with innovative learning methods; this provides a unique combination of practical expertise with the latest research.

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