Sting Incubate is for early-stage startups with a launched prototype/alpha or who want to launch in the next 12 months.
Sting Incubate is for startups with longer development cycles and gives you up to 12 months of tailormade coaching and support to successfully launch your product and grow your business faster.
What others say about us
Sting gave us great support in our fundraising process, from investor introductions to the final details of the termsheet. The coaches have been our strategic sounding board and the overall support has been invaluable.
What might have taken two years, we now did in less than one year. A lot has happened, and Sting has been a large part of that journey.
The coaches guide and help you find the way forward, they don’t tell you what to do. In the end, I’m the one who makes the decisions.
What you get
Your personal coach has entrepreneurial experience and a network within your field and will challenge you to aim higher and reach further. You can get a seed investment of SEK 500 000 from Propel Capital, and we give you access to investors all over Europe to help find and attract the right kind of financing for your startup.
Together with our partners, we provide you with the right people and resources to grow your business. If you’re accepted, you will have resources like a corporate and the knowledge of a serial entrepreneur at your fingertips.
Here is what you also get as part of our startup incubator:
Meet your coaches
The business coaches in the Incubate program are experienced entrepreneurs and business developers and have helped build many ventures.
These are the coaches you’ll spend the most time with, but you can expect a strong commitment and close support from our whole team.
Do you, like us, believe in the power of technology to change and create real value in society?
Sting Incubate hand-picks and provides exclusive companies with tailored coaching, recruitment support, free office space, a potential seed investment and access to Europe’s broadest network of early-stage investors.
Admission: Rolling admission of 12-15 startups per year
Length: 6-12 months
Cost: 3% to 5% warrant issued to Sting Holding
Propel Captial Investment: Potential SEK 500 000 convertible note (in addition to Sting’s 3-5% warrant).
Requirements: Launched prototype/alpha and founding team of minimum two people.