One-night stands, dating and marriage – 3 phases of working with startups

Posted by & filed under Accelerator, Corporations, Startups.

I believe there are three phases of startup and corporation collaboration (all of which are needed by the way!): One-night stands, dating, and finally marriage. One night stands are the first contacts between startups and corporations. Mingling at startup events, arranging innovation competitions, hackathons and the like. These are needed for people to get first… Read more »

Minimum Viable Product (MVP) – unnecessary jargon of the startup world?

Posted by & filed under Entrepreneurship, Product development, Startups.

All communities have their jargon, and startups are no different. Probably one of the most used terms is Minimum Viable Product, MVP for short. It’s considered one of the core messages of Eric Ries’ book The Lean Startup. If you hang out with entrepreneurs long enough, you’re likely to hear the acronym used for almost… Read more »

What is Nordea Bank Accelerator about? Guest post by Collectly

Posted by & filed under Accelerator, Nordea, Startups.

This is a guest post by Levon Brutyan from Collectly, Inc. Collectly is one of our portfolio startups (Collectly.co). Collectly helps banks and businesses minimize losses on bad debts while keeping the customers loyal.They are part of the second Nordea and Nestholma Startup Accelerator batch. Originally posted here. Collectly is a web application that helps all types of lenders… Read more »

Nestholma is the biggest Fintech investor in Finland

Posted by & filed under Fintech, Funding, Press release, Startups.

During the past couple of years Nestholma has invested into 15 Fintech startups, which is more than any other investor in Finland. The company is also one of the most international investors in Finland. Nestholma has invested in startups from Finland, Sweden, Norway, Denmark, USA, Germany, UK and Estonia among others. These startups have participated… Read more »

7 differences between startups and corporations

Posted by & filed under Corporations, Customers, General, Product development, Startups.

If you’ve dealt with both, you know that startups and big companies behave very differently. You can hear all sort of stories, from people moving from a corporate job to a startup, to entrepreneurs trying to deal with their corporate customers, to the same corporations trying to make business with startups. What’s considered best practice… Read more »

Why 4/10 startups fail: the realities of cash-flow management

Posted by & filed under Customers, Funding, Product development, Startups.

4 out of 10 first-time entrepreneurs fail because they forget one of the basics: following their revenues and expenditure – cash flow. In established companies balance sheets and income statements are king, but for startups, it is all about following the numbers in their account: money coming in and out. It sounds very simple (and… Read more »

We <3 Ultrahack!

Posted by & filed under General, Press release, Startups, Ultrahack.

We love Ultrahack! In fact so much that invested into Ultrahack and welcomed it to our Nestholma family! Now we can both offer our partners and communities new ways to innovate through a complementary offering of hackathons and accelerators. Ultrahack is a global innovation platform for hackers with varying backgrounds and corporations that want to… Read more »

6 Reasons why your startup should join an accelerator (guest post by Feelingstream)

Posted by & filed under Customers, Funding, General, Programs, Startups.

This is a guest post by Maarit Cimolonskas from Feelingstream Feelingstream is one of our portfolio startups (feelingstream.com). FeelingStream helps large service companies improve customer experience by analyzing customer messages and providing actionable insight on customer feelings using smart analytics. They participated in the first Nordea and Nestholma Startup Accelerator batch. Applications for the next… Read more »

How to talk to your customers and build better products?

Posted by & filed under Customer development, Customers, General, Product development, Startups.

Your startup can only succeed if it can provide real value for your customers. Stop guessing what are your customers’ problems or needs and what they consider valuable. Here’s a framework to help you to really listen to your customer and learn what are the problems your product should solve. Steve Jobs famously said, “A… Read more »

Nestholma Oulu startup program Batch 2 announced

Posted by & filed under General, Press release, Startups.

Nestholma startup accelerator program is a free, intensive three-month program in Oulu, Finland run in collaboration with BusinessOulu. This is the second Nestholma batch in Oulu, and it will run in Spring 2016 (14.3.-3.6.). During the program B2B and B2C startups will get a unique opportunity to refine their idea and product with many industry… Read more »