High North Young Entrepreneur

At High North Dialogue 2018 we are presenting a new concept: High North Young Entrepreneur contest. Three start-ups will have an opportunity to pitch their business ideas to the conference participants and compete for the main prize; a check for 50 000 NOK.

The idea of the contest came after the High North Dialogue conference 2017 when the prominent investor Scott Minerd of Guggenheim Partners received the High North Hero Award, in recognition of his efforts to highlight the economic potential of the Arctic by promoting long-term investment in the region. Scott Minerd accepted the award with honor and gratitude, and, generously donated the award money to a fund/ incubator to support young Arctic entrepreneurs and their business ideas. Accordingly, Nord University Business School encourages start-ups from all over the world to apply to the contest, and to travel to High North Dialogue to compete for the High North Young Entrepreneur contest.

How to apply
The following information is required to complete your application:
– Organizational name and contact information.
– A short text (maximum 3 pages) explaining the business idea, including the elements of business model, target group and marketing plan.

Companies from any country and sphere are eligible to apply; however, the business idea has somehow to be related to the circumpolar north. This may be an individual start-ups or a company in the Arctic, or a business idea connected to the Arctic. This we understand quite broad: for instance, this may be a company operating in the North, or a company’s business model is based on local natural resources and raw materials from the North. As the contest focus is on the start-ups and fresh business ideas, the company must not be older than two years of the start-up date.

Submit your application to elena.zhurova@nord.no. The nomination period closes March 1, 2018.

What is next?
A committee consisting of experts from business and innovations will decide on the three companies who will travel to Bodø to present their ideas at the High North Dialogue conference April 18, 2018. The organizing committee funds travel and accommodation costs for one entrepreneur/representative of a team.

All the entrepreneurs will get a pitch training from Bodø Science Park experts. There will be three entrepreneurs at the final, which of them will pitch for three minutes. The High North Dialogue conference participants will vote for the best project, and the winner will get the award straight after the competition is over.

There will be arranged a company exhibition at the conference venue for the entrepreneurs to present their ideas and products to the audience during breaks.

For applicants from Barents areas of Norway and Russia there is an opportunity to participate in the workshop and field trip “Young Entrepreneurs of the Barents Region” on April, 17 and High North Dialogue conference April 18-19, 2018. Travel and stay costs will be covered from the workshop means. You need to contact elena.zhurova@nord.no in order to attend the workshop.

Any questions? Do not hesitate to contact us!