Nordic VR Startups (NVS) has opened applications for a second batch of innovative VR and AR studios from the territory looking to boost their businesses. The programme is intended for start-ups that focus on applications and games that utilise VR or AR.
Nordic VR Startups invests up to 100 000 euros in the selected companies. Teams will also gain access to free office space, world-class mentors and day-to-day support in product and business development. The program lasts six months, ending with a demo day at Slush 2018.
The application period is valid throughout February 2018, with the second programme beginning in May.
Origin Story
The programme began last year as the result of a partnership between Japanese mobile game company, gumi, and Nordisk Film, supporting six companies - including widening their business connections worldwide. You can read more about last year’s batch here.
NVS Co-Director Harri Manninen said, “Nordic VR Startups’ first batch is now completed. We are extremely proud to have witnessed how the companies developed throughout the program. With the VR and AR market developing rapidly, these companies are in a great position to grow faster than the market in the near future, sharing our experience and gaining new insights from one another. With the new batch, we continue to seek Nordic teams with unique, scalable VR/AR products and services and a genuine desire to grow globally”.
A Step Further
Evocat Games were among the first batch and co-founder Teemu Palomäki said of the experience, "The programme has been very helpful. Our understanding of the business has grown enormously, and we were constantly helped to push a step further. For any VR/AR developer, I'd gladly recommend the programme".
Antti Sartanen, CEO at HipFire - another first batch team - said, "I think NVS has been instrumental in getting us to where we are at the moment. Without NVS’ investment, we would have been left looking for angels with the pitch decks. Probably without much success. The contacts we were provided were really spot-on and I think the network that we have now is a great base to expand upon".
You can apply to take part here before 2nd March.