Over 150 start-up company looking to Sting's incubator program, Sting Incubate each year, and 10-12 of them are adopted.
the Companies selected to the first round of the 2017, Medicheck, offers posts as specialists on the net, Beleco, which is a marketplace for the rental of the furniture, the CE analysis service CE-Check, H Solutions, which develops communications systems to improve road safety and Local Life, which develops technology that lets neighbors get in touch with each other.
the Companies participating in the program have the opportunity to receive 300,000 kronor by Propel Capital, the investment company that solely invests in Sting companies.
"We will launch three Sting Incubate-the batches in 2017, with 3-5 companies per round.
In this year's first batch, there are five exciting companies from five different industries, all with a strong team and innovative business ideas which will fill a great need in the market.
Several have the potential to be disruptiva in their respective areas," says Karin Ruiz, business coach at Sting in a press release.