
ITSA Growth #5
LAUNCHING Oct. 24th 2023
When growing a company in an extremely competitive industry, like the energy storage market, we have no time to loose. Therefore it was no doubt for Beyonder to attend ITSA Growth after we were introduced to the topics and the experienced partners in the program. We needed an arena where we could test and experiment “off the record” our business concepts without having fear to fail and at the same time build relationship to potential new business partners. ITSA Growth is highly recommended by the Beyonder management team for all companies that aim for this opportunity.
- Bjarte Magnussen, Beyonder
ITSA Growth is our four months training program for dedicated early stage growth companies. The program is designed to give early growth companies the business development tools, network, investor leads and skills to fundraise and develop for growth & international markets. We invest risk capital in growth companies.
ITSA Growth is developed and facilitated by Validé in collaboration
with our partners.
Application deadline is 30th of September 2023
About the program
The ITSA Growth Program is developed and facilitated by Validé in collaboration with our amazing partners Validé is ranked as one of Norway’s best incubators. We have 25+ years of experience in developing and investing high risk capital in new companies. We are early phase specialists and have a current portfolio of around 70 companies. ROI on our ten best exits is 14. Validé has successfully run thirteen previous accelerator programs.
We focus on:
CLEAN ENERGY
HEALTH, AGRICULTURE & TOURISM
DIGITALIZATION &
SMART TECH
Who can apply?
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Early growth companies with a service/product launching in the marked and/or companies looking to grow their marked internationally
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Dedicated Team of 2+
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Companies that is fundraising for growth within the next 6 - 18 months
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Companies established in Norway
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Companies within the area of Health, Energy, Agriculture, Tourism, Digitalization & Smart Tech
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Companies implementing at a minimum three of the UN Sustainability challenges at their core business
Program content

7 modules - 2 days each module
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Know yourself: Company Culture, org. development, recruiting for growth
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Capital for Growth & Internationalization: The Capital Environment, DD, Investor Decks
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ESG – Sustainability & Business: Green Investor, EU Taxonomy, ESG Business Model, Green Growth
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Go to market strategy & Partner Targeted sales: Customer value and business model, product/market fit for scaling and internationalization, sales, branding
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Strategy for Global Growth: IPR, exports and scaleup, national and international infrastructure and innovation partners for exports
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Strategy for digitalization: the digital eco system, improving your business model by AI
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Capital strategy and funding journey: The investor universe: Who invests when? Capital raising based on phase.
Program fee
28 000,- NOK pr. company. The ITSA program is supported by the public partners Rogaland County Council, City of Stavanger and SIVA.
Program dates
24 & 25 October 2023
7 & 8 November 2023
21 & 22 November 2023
12 & 13 December 2023
9 & 10 January 2024
23 & 24 January
13 February 2024
Demo Day 22 February 2024

What´s your impact?
We support the UN Sustainability Goals and expect growth companies to do the same. Companies in the program should be able to define at least three sustainability goals that is supported by the companies strategy. ITSA Connect Growth presents a two day Sustainabillity & Business module with a deeper focus on developing sustainable business models at the core of business.
Companies which have attended ITSA Growth
See here
What previous participants say
Roald Valen, CEO,
Pickr.Ai
“ITSA Growth har spart oss for mye tid og gitt oss en mye større tro på Pickr.AI sin fremtid! Her fikk vi innsikt og lærdom gjennom deres brede og imponerende nettverk samt blitt pushet til å hele tiden utfordre våre overbevisninger. Tøffe og lærerike samlinger men det er hjemmeleksen til neste samling som virkelig har hevd Pickr.AI sin mulighet til suksess. Anbefales på det sterkeste til alle som vil vokse gjennom å akseptere at "alt kan bli bedre om en bare tillater seg å bevege seg utenfor komfortsonen."
Øivind Lindøe, Norientekspressen AS
"ITSA Growth kjennetegnes en svært god positiv energi og samhold blant alle deltakerne. Det er et spesielt godt fokus på presentasjonsteknikk og tilbakemeldinger. Kanskje aller viktigst har programmet koblet oss med en lang rekke investorer og eksperter som man knytter kontakt med. - Ikke få av deltakerne i 2022/23, oss selv inkludert, fant sine forretningspartnere og den kapitalen de trengte for å sette sin idé ut live, nettop på Validés ITSA Growth i Stavanger."
Rein Owe Flister,
Open Horizon AS
“Å få eksponering for et investornettverk var en gamechanger. Vår deltakelse i programmet gjorde at vi fikk inn gode strategiske investorer som vil hjelpe selskapet å vokse videre."