The NOME Program

Life science – Biotech – Medtech

Your innovation brought further

NOME is an elite Nordic Mentoring program for promising life science start-ups engaging world class experienced advisors.

NOME connects Nordic start-up companies with highly skilled relevant professionals to help them reach their goals and technology milestones.

As a part of the program, NOME also provides a unique opportunity for the start-ups to participate in a NOME US camp. It is a chance for the companies to gain access to:

· Specific US advice via a team of US mentors

· Subject Matter expertise – FDA and regulatory experts

· Potential US partners and investors

NOME is an elite Nordic Mentoring program for promising life science start-ups engaging world class experienced advisors.

NOME connects Nordic start-up companies with highly skilled relevant professionals to help them reach their goals and technology milestones.

As a part of the program, NOME also provides a unique opportunity for the start-ups to participate in a NOME US camp. It is a chance for the companies to gain access to:

· Specific US advice via a team of US mentors

· Subject Matter expertise – FDA and regulatory experts

· Potential US partners and investors

WHAT WE ARE LOOKING FOR

Nordic based projects or start-ups

Medtech, biotech, pharma, synthetic biology, industrial biotech, as well as evidence based and regulated digital health

High commercial potential

WHAT WE PROVIDE

World-Class Mentors

All mentors are selected from among the best life science experts in the Nordics. They are selected based on their experience, their skills as advisors and their desire to assist others.

The duration of the program initially is 18 months, however it can be extended another 6 months. The frequency of the mentor meetings is dependent on the specific requirements of each project or start-up.

International Network

Partnership with the California Life Sciences Institute and the University of North Carolina grants us unique access to companies in the US market and opportunities for early stage testing.

100% Free

NOME takes no fee or equity. All services including tailored mentoring and consultation are without charge.

Experienced Team

The Novo Nordisk Foundation, Medicon Village, KI Innovations AB, Turku Business Region, Oslo Cancer Cluster Incubator, Aleap, Vertical and Accelerace have joined forces ensuring a unique combination of life science expertise and entrepreneurial knowledge.

HOW IT WORKS

1.

Application submission

Applications for the NOME mentoring program are accepted on an ongoing basis.

2.

Screening Interview

An interview with a local NOME partner outlining the project needs, aims and ambitions.

3.

Presentation pitch

Presentation to an inter-Nordic selection board. A decision on acceptance into the NOME program will be made.

4.

Program commences

Mentorship begins with selection and enrolment in the program.

5.

Mentor assigned

A lead mentor will be assigned with additional mentors engaged as required based on the ongoing needs of the project or start-up.

6.

Working towards milestones

The goal of the program is defined and planned to drive value, reach milestones, to test assumptions and prepare for market readiness.

7.

Project completion

At the end of the program, the aim is to have increased the chance of project success and investor readiness.

8.

US tour

The opportunity to join a NOME US camp. A US specific team offering expert regional advice and meetings with potential key partners and investors.

FAQ

Who is selected?

Applicants who meet the selection criteria will be chosen to join the program. That is, projects must be Nordic-based start-ups with a focus on medtech, biotech, pharma, diagnostics, healthcare or digital health with high commercial potential.

When will we be notified?

We review all applications on an ongoing basis and will respond to your application as soon as possible. If you have any questions regarding your application, please contact Peter Birk, Program Director at peb@accelerace.io.

How much does the program cost?

The program does not charge for the mentorship service. NOME nor its partners take any equity or fees.

Is NOME open to startups outside of Europe?

NOME is only open for life science projects and start-ups from Nordic countries.

How are participants selected?

The program will focus on projects and teams with high commercial potential. The first step is an application that will be evaluated by Accelerace, Medicon Village, KI Innovations AB, Turku Business Region, Vertical or Oslo Cancer Cluster Incubator and Aleap. A relevant NOME partner will interview the applicant to gain a better understanding of the project, the team, ambitions and the project needs. The last step is a presentation to the steering committee for a final selection of projects to be offered the NOME mentoring service.

Can we choose our mentors?

You are welcome to suggest mentors with whom you would like to work. However, we cannot guarantee you will be matched with your suggestions. We ensure you will receive the best mentors based on the needs of your project.