NOVA
Business accelerator program offering expert guidance, networking opportunities, and market readiness for startups.
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 8 % | (4 %) | 13 % | 1 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 25 % | 26 % | 25 % | 33 % | 30 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 13 % | 10 % | 10 % | 17 % | 9 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Nova.is operates a comprehensive business accelerator program known as Startup SuperNova, designed to support startups in developing their business ideas and bringing products to market. The program is a collaborative effort involving KLAK Icelandic Startups, Nova, and Huawei, aimed at building business solutions for the international market.
The accelerator program begins with an intensive Superclass where participants receive training and guidance to prepare an 18-month action plan. Following this, applications are graded by a team of experienced individuals, and around 20-30 teams are interviewed to select the final 10 participants.
Participants gain access to work facilities, high-speed internet, and a large group of leading experts. The program offers numerous opportunities to strengthen networks and promote ideas. The ultimate goal is to make startups investment-ready and facilitate their entry into the market.
Nova.is primarily serves early-stage startups looking to scale their operations and secure investment. The market it operates in is the global startup ecosystem, focusing on innovation and high-growth potential businesses. The business model revolves around providing structured support, resources, and mentorship to startups in exchange for equity stakes or fees. Revenue is generated through these equity stakes, program fees, and potential partnerships with larger corporations.
Keywords: business accelerator, startup support, market readiness, investment preparation, mentorship, networking, innovation, high-growth, global market, equity stakes.
