Another impressive line-up at Sound Hub Denmark
March 25, 2019
Sound Hub Denmark and Accelerace are now ready to launch round two of the SoundTech Accelerator Program starting on March 27, 2019.
This time with 50 applicants – versus 30 last time. Nine talented startups from all over the world have been selected to join the 6-month tailormade program. Several of the applicants reached out on their own initiative, which means the word has spread of the world’s first SoundTech Accelerator.
We have an extremely powerful group this time with a high diversity in business areas and the way they focus on sound,
explains CEO at Sound Hub Denmark Peter Petersen.
It’s been exceptionally hard to deselect among the applicants, as they all have a really strong case. We selected 9 participants for this round to keep the number at a manageable level, and hope some of the ones that did not make it this time, will apply again.
The participants are a versatile, international crowd from Finland, Sweden, Denmark, Holland, UK, US and Lebanon. This proves that the SoundTech Accelerator Program has significant international appeal. Some are looking for investors, others for partners and others again for access to the testing facilities and the complementary skill set the ecosystem of Sound Hub Denmark has to offer. All tied together by professional business coaching and mentoring from leading key players in the international audio industry.
This group of participants offers highly differentiated solutions for a wide spectrum of use cases; from AI stethoscopes, unique earplug solutions, spatial audio for a 360-degree camera system and travel planning by music – just to mention some of the new exiting ideas that showcase sound in its broadest interpretation. It’s going to be an exciting 6 months.
The SoundTech Accelerator Program is the first dedicated sound focused accelerator programme in the world developed by Accelerace and Sound Hub Denmark. Over a period of six months, talented start-ups get help to develop, build, refine and test their sound products while identifying and executing a scalable business model. Advise is offered by business and technical coaches from the industry, mentors from Harman Lifestyle, Bang & Olufsen and other relevant partners. Workshops and camps will be held, where the participants will get access to test labs and measuring facilities in Sound Hub Denmark, sparring from relevant partners and knowledge institutions as well as access to a large group of highly skilled nearby companies supporting with additional competences within a wide range of areas.
The program starts on March 27 with a 3-day kick-off camp where the press and other interested parties are invited in on the first day to listen in on pitch presentations from the participants. The camp will continue with workshops on lean canvas models, value propositions and beachhead followed by lab discussions and first dialogues on other business aspects, technical and marketing issues.
Accelerace is one of the world’s top 10 seed accelerators. Since 2008, Accelerace has found, trained and invested in more than 500 of the most promising Danish and international entrepreneurs and growth companies. 88% of the companies are still in the market today. As part of the national Scale-Up Denmark initiative, Accelerace is scaling start-ups within technology, food industry, cleantech, life science and welfare innovations through assistance from experienced series innovator, camps and networks. As part of Sound Hub Denmark, Accelerace gets the opportunity to become part of a highly specialised development environment with own test facilities and access to experts in sound and acoustics. A couple of years ago, Accelerace was behind the Next Step Challenge program in a cooperation with Bang & Olufsen. It is the success of this project that has led to the cooperation between Sound Hub Denmark and Accelerace.