WHAT IS INNOVESTOR PALO?
A successful startup team needs three things to live true it’s world-changing idea:
1. Top mentor contacts
2. Hands-on funding partners
3. Customer contacts
That’s why we have launched PALO, a program for the most promising idea/pre-seed stage sustainable tech founder teams.
We light your way
WHAT MAKES US UNIQUE?
We will choose 10 idea/pre-seed stage teams for the program and work intensively with them for 12 weeks. You will not work only with us but with chosen top-notch mentors and the most valuable corporate partners, bringing their know-how and much-needed resources to the table. On top of that, the selected 10 companies will each receive a €50 000 investment. Three months of work will culminate on Demo Day, where you will be pitching your idea to a group of investors.
Yet, our journey together will not end on Demo Day: we will follow up on your progress in Q1 /2023, helping you push forward your roadmap for success. If you are an idea/pre-seed stage founder building a sustainable tech company, we would love to hear from you.
Applications will be accepted until 22nd of June. The program will kick off on 6th of October 2022.
PALO in a nutshell
1
Funding
Innovestor invests 50k to each startup and we also support applying for relevant public funding. Our target together is to land pre-seed rounds.
2
Mentoring
During 12 weeks, we create a solid business plan and development program together with a tailored advisory board with best-in-class mentors and leading corporations.
3
Corporate Contacts
Our partnership network includes 300+ corporations. From this one-of-a-kind network, we’ll find the corporate partner that has the strategic interest to build unique business with your team.
MEET SOME OF THE MENTORS
…who will be joining the Growth Boards based on founding team’s specific needs.
Piia Maaranen
CEO Plantui, Board Professional
Building a startup is a speedy ride of seeking a perfect product-market fit. I love coaching early-stage and bringing my +15 years of experience to the table.
Ilkka Kaikuvuo
Co-Founder, Framery, CEO, Board Professional
Startup journey is a bumpy road. It’s worth learning from the mistakes of others and make new ones yourself. I am excited to share my own experiences to support your teams future story!
Aki Soudunsaari
Co-Founder, Naava, Startup scientist, Serial Founder
Corporate cooperation creates huge opportunities for participants in the PALO program. It’s a whole different thing to start taking an idea further having already found the right people and resources to help you.
Wilhelm Lindholm
Innovestor Group CEO
We can say with a strong voice that the program is unique in Finland and offers the teams involved an attractive setting: funding, the right partners and corporate mentoring.
Aleksi Rautavuori
CEO and Board Professional, Angel Investor
I am your partner in questions of strategy and organizational change. I have a background as a growth leader, with successful CEO and CSO experience from both private equity portfolio and large cap companies.
Matti Härkönen
Managing Partner, Corporate Venturing
I’m passionate about solving real world challenges and creating new business through cutting edge innovations.
Pasi Pohjala
Founder and Managing Director, Nordic Startup Ventures
My passion is to support companies to grow by utilising latest services and solutions – by combining technology and business innovation to develop new digital services and best in industry customer experience.
ACCESS TO OUR NETWORK OF
300 CORPORATIONS
These corporations have already teamed up with Innovestor to evaluate program applications:
Neste
Metsä Spring
Walki
Valtra
Oulun Energia
Fortum
Kiilto
Remeo
Oomi Energia
Cargotec
Alva
Kemira
Telia Company
Paulig
Stera
Helvar
Apply to PALO
Please submit your application as soon as possible. We are reviewing applications through the whole application time and are inviting teams to talk to us on a rolling basis.
We appreciate clear and concise responses. Also showing your interest in corporate co-operation is very important. Please describe what kind of corporate co-operation you are interested in building and who are your dream corporate partners for the future.
The first program batch is for Finnish startups. In 2023 our goal is to open PALO program to Nordic and Baltic startups offering world changing technologies. See the program terms in Q&A section.
The due date for applying is 22nd June.
Write your short application for PALO program here:
In case you want us to get back to you regarding the application, fill in this form:
We’ll be in touch with you shortly!
WHY INNOVESTOR?
We want to make a positive impact by supporting and growing businesses that change the world for the better. We call it making good money.
Innovestor is one of the Nordic’s leading venture capital companies and corporate venturing service provider. We also invest in commercial real estate.
The firm currently manages four VC funds with total capital of 190M. Consisting of almost 100 growth companies, it represents one of the largest private venture-backed portfolios in the Nordics.
Some examples of our sustainable investments combined with excellent growth:
REACH US OUT
