Scale Faster

Sting Accelerate

An intense, 4-months program for startups with a launched product/service that can show market traction.

Includes an investment of 500 KSEK from Propel Capital.

The application for Sting Accelerate and Sting Incubate starting spring -23 is now closed. However, you can still submit a late application, which may be reviewed at our discretion.

You can also book an appointment for open coaching, and together we’ll figure out the next steps on your entrepreneurial journey.

Sting Accelerate gives you:

• Two hours of individual coaching every week to give you the support you need to reach your sprint goals, milestones, and long-term vision.

• A seed investment of 500ksek from Propel Capital, access to the 40 business angles backing Propel as well as intros to other investors to help find and attract the right kind of financing.

• Support from Sting’s talent team to recruit and develop the team you need to succeed.

• Access to Industry Mentors and external experts.

• A seat in Sting’s coworking space at A house in Stockholm.

• A forever place in Sting’s community where you can exchange experiences with other dedicated founders. Once a Stinger, always a Stinger. We are there to support you even after you finish the program.

What others say about us

We've received tremendous support and guidance. With the help from the coaches, we’ve been able to focus on the right things and move rapidly towards our goals.
Johanna Norrman, It's Re:Leased

What Sting really did for us was to help us think bigger, be more ambitious and set higher goals. We brought one of the coaches onto our Board, that’s how much we like them.
Egil Bergenlind, DPOrganizer

It’s super important to have people who can vouch for you, especially in the early stages. Having the backing of Sting made it easier to attract both capital and new team members.
Michael Arnör, Sellpy

Sting’s offer

Business development

You get a dedicated and experienced Sting coach who works closely with you and your team, several hours per week, and both challenges and supports you on all critical business activities.

Financing

You get access to a team of professionals with extensive experience and proven track records from startup financing to help you create the best possible conditions for fundraising.

Propel Capital investment

Get SEK 500 000 in funding from Sting’s investment company and access to 40 experienced business angels who can open their networks to you and make follow-on investments.

Recruitment & team development

After working with more than 300 startups, we have learned how to recruit and develop a successful team. You get access to two coaches to help you succeed in this area.

Industry mentors & external experts

Not only do you get weekly coaching from your Sting coach, but also from external mentors and expert coaches, hired by Sting, who are true wizzes in their fields.

Network & community

You gain access to the most developed investor network in Europe as well as a large network of business contacts, both Swedish and international, which Sting has built since 2002.

Marketing, PR & communications

You get support to attract media attention and effectively communicate your business’ offer to targeted groups – at the right time – to generate demand and leads.

Partners & perks

We’ve negotiated a range of special offers worth over SEK 1 million that you can access after joining Sting.

Office space

You get free office space at Sting’s office in A house for up to 6 months while you are in the Sting program. After this period, you get reduced fees at our location partners in Stockholm.

Hard facts

Admission: 2 batches per year, 8 startups per batch

Length: 4 months (Feb-June and Sept-Jan)

Next application deadline: November 20, 2022

Evaluation period: December 2023

Next program start: February 6, 2023

Cost: 2% warrant issued to Sting Holding

Investment from Propel Capital: SEK 500 000 convertible note (in addition to Sting’s 2% warrant).

Requirements: Launched MVP and can show traction. A founding team of minimum two people. A Swedish AB, registered in Stockholm

Got questions?

Check out the FAQ or reach out to one of the coaches.