Stora Enso announces start ups selected for its second Accelerator Programme
Stora Enso has chosen six start ups to join its second Accelerator Programme, a joint start up initiative organised by Stora Enso, Aalto University Developing Entrepreneurship (Aalto ENT) and Vertical Accelerator. The Accelerator programme provides an exceptional opportunity for disruptive start ups and Stora Enso to actively ideate and innovate new solutions. This year’s programme focuses specifically on the circular economy, especially in regard to circular solutions, raw material management, packaging, separation and sorting, and energy.
‘With global megatrends, the circular economy will play a significant role in business and society in the coming years. We are teaming up with startups to further explore how Stora Enso can best contribute,’ said Malin Bendz, executive vice president, human resources. ‘We have been greatly encouraged by our first Accelerator programme, which has resulted in two ongoing partnerships, with Sulapac and Trä Group, building on renewable solutions.’
The final six start ups emerged from a rigorous and competitive selection process. After submitting a written application and video, more than 85 start ups were evaluated and filtered down to the top 40. Reviewed by Stora Enso Scouts and Vertical, 20 of these start ups were invited to Selection Days, a two day event for presentations and intensive interviews. A shortlist of 12 start ups presented to Stora Enso’s Group Leadership Team for the selection of the final six.
The startups invited to join the 2019 Accelerator Programme are
Effa, RePack, Alucha, Bloom, MiWa, SFTec .
Over the next few months, the start ups will work side by side with Stora Enso participants, delving into and advancing know how, capabilities, technologies and market opportunities. Co-location takes place at Vertical accelerator, one of the largest and most prominent start up communities in Finland.