A village built on industry-specific innovation

@Redaktionen

Once your CVR number is registered, your business account is ready, and you’ve started selling, the broad startup advice may no longer be enough. But fear not: industry-specific clusters are on the rise, and most of them have a lot to offer startups and scaleups.

Once your CVR number is registered, your business account is ready, and you’ve started selling, the broad startup advice may no longer be enough. But fear not: industry-specific clusters are on the rise, and most of them have a lot to offer startups and scaleups.

This post is also available in: Danish

Danish clusters such as Odense Robotics, Copenhagen Fintech and MADE – Manufacturing Academy of Denmark are networks of companies, entrepreneurs, investors and other stakeholders within a specific industry or sector. The clusters are designed to create a supportive environment for innovation – where startups can grow and succeed in their specific niche.

Denmark has 13 national cluster networks. They have been designated as official clusters within Denmark’s strongest and most promising business and technology areas by the Ministry of Higher Education and Science and the Danish Business Promotion Agency.

In addition, there are a number of other similar clusters in other promising business, technology and geographical areas.

The network effect

The clusters know their industry inside out and can therefore offer a unique network, support, insight and resources to startups in their field. This can include access to funding opportunities, mentorship and guidance from experienced entrepreneurs and collaboration opportunities with startups within the cluster as well as larger companies within the industry.

Industry clusters provide a platform for startups to connect with potential customers, partners and investors. Clusters often host events and networking opportunities, such as conferences, meetups and demo days, which can be a valuable way for startups to showcase their products and ideas to potential investors and partners.

Another benefit of business clusters is that they provide access to specialized knowledge and expertise within a specific industry or sector. MADE, for example, is focused on manufacturing technologies and gives startups access to industry experts and mentors who have deep knowledge and experience in this industry.

Finally, clusters can help create a more vibrant and innovative ecosystem in a particular region. By bringing together businesses and entrepreneurs within a specific industry, clusters can create a network effect that leads to more innovation, collaboration and growth. A network effect that tends to get stronger over time.

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