Sustainability in focus when SSE’s star jury backs nine new companies
The competition among the applicants is always tough. To get green-lit, the companies first have to impress the Board of Admissions, with notable names such as Lisa Lindström, Sebastian Knutsson and Mattias Miksche. This time, nine companies managed to convince the Board of their potential. Six of them are starting the Activate program, an eight-week acceleration program, and three companies are starting the Incubate program, where they can receive support for up to 18 months.
The sustainability trend is clear among the admitted companies. Everything from marketplaces where e-commerce vendors can find sustainable packaging to innovative microfinance solutions increasing access to capital for SMEs in Africa, can be found among the new startups. The CEO of SSE Business Lab, Julia Delin, is thrilled that sustainability continues to be such a strong driver among the companies in the incubator.
"We are here to help our companies grow and scale, and we want to do this with ideas and teams who work for the improvement of society and the world. By working actively with the entrepreneurs in our early programs we can help them start impact companies and incorporate both risks and opportunities with regard to sustainability. We are definitely seeing promising results from our work", she says.
Mattias Miksche, one of the members of the Board of Admissions, is impressed by the companies.
"To see such a wide spectrum of companies was impressive, both among the applicants to the Activate program and the Incubate program. All teams that received a yes are companies that we believe have a huge potential and we look forward to seeing them develop in SSE Business Lab", he says.
In the incubator, the companies will get support through coaching, workshops, mentoring, a partner network, investor networks and more. All startups with a team member who is a student, alumni or faculty member of the Stockholm School of Economics can apply to the incubator.
The following companies have been admitted:
Incubate:
Boxxy: Installing fridges in residential buildings, making home delivery of groceries sustainable.
Circulate: Sourcing platform and B2B marketplace for sustainable packaging.
Spunshift: Apparel B2B marketplace with a production product lifecycle management SaaS.
Activate:
Diretto: Making it easy to calculate pay and declare salary for individuals who employ domestic staff or for micro businesses.
EMEK: Bringing microfinance to private investors, and simplifying the private capital microfinance industry, with a focus on Africa.
Fleetm8: A comprehensive digital solution for documenting maritime events. Improving the workflow, fuel consumption and business, using data analysis.
Kedra: Providing an alternative for traditional recruitment which allows tech startups and scaleups to find their next skilled and affordable remote developer within 14 days.
NORN: Facilitating and accelerating the transformation to Web3 by educating, inspiring and onboarding people and organizations.
OnGrow: Providing smaller e-commerce businesses with flexible, cost-efficient and frictionless financing for their imports.
About SSE Business Lab:
SSE Business Lab is the startup incubator of Stockholm School of Economics, open to all current and former students as well as faculty of SSE, that have founded a business. We provide support through one of our three programs: Ideate, Activate and Incubate. SSE Business Lab offers coaching, mentorship, workshops and connections to a network of alumni and investors as well as first-class partners, such as Assessio, Scrive, Grosshandelssocieteten as part of Stockholms Borgerskap and PE Accounting.