Minc
Minc is a publicly-owned startup incubator and accelerator in Malmö, Sweden, offering programs (Incubator, Fast Track Malmö, Sprint, Scale, Haven games), co-working space, and the Skåne Ventures regional co-investment fund to early-stage and growth-stage tech startups across Southern Sweden and Copenhagen.
- Company typePrivate
- Founded2002
- HeadquartersMalmö, Sweden
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Minc does
Minc is a public-good startup incubator and accelerator headquartered in Malmö, Sweden, fully owned by the City of Malmö and founded in 2002 as one of Scandinavia's first incubator programs. The organization operates a vertically integrated platform that combines program delivery (The Incubator, Fast Track Malmö, Minc Sprint, Minc Scale, and the Haven game accelerator), co-working and meeting-room infrastructure at Anckargripsgatan 3, and a co-investment fund platform that has grown from Fast Track Capital (FTC1-3) into Skåne Ventures (SV1) following a 2024 regional expansion to Ideon, Hetch, and Krinova. Across these vehicles Minc has raised on the order of 92 MSEK and invested in 100+ companies.
Minc serves early-stage and growth-stage tech startups, with Fast Track Malmö targeting Southern Sweden and Copenhagen-area teams seeking 1-3 million EUR rounds and the Incubator serving founders with validated MVPs. The organization charges workspace and meeting-room rents on market terms (1,700-6,820 SEK/month and 1,600-6,300 SEK half/full-day respectively), while the Minc Game program carries a 3,150 SEK/month fee and most other programs are free to participants, subsidized by funding from Region Skåne, Vinnova, and the European Union. Distribution is community-driven through annual events such as Nordic Demo Day (100+ VCs) and quarterly Minc Capital Day, supported by a partner perks stack valued at over €250,000 from AWS, Google, IBM, Microsoft, Stripe, Notion, and others.
Management has been refreshed in 2024 with a new CEO (Tomas de Souza), a new Head of Brand (Pilvi Brousali), a Portfolio Lead Games (Renée Jessen), and three new board members, coinciding with the launch of Haven (games), Sprint (pre-incubator), the Japan Business and Innovation Hub, and the AI Startup Network Skåne-Blekinge. Minc's stated outcomes include an 80% higher success rate for startups going through its programs, 80% of Fast Track Malmö alumni raising further capital, 921 jobs created by alumni in 2020, and recognition by the Financial Times as one of Europe's leading startup houses and a #1 ranking in Sweden.
Minc firmographics
Firmographics- Name
- Minc
- Legal name
- Minc i Sverige AB
- Website
- https://minc.se
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Minc is a publicly-owned startup incubator and accelerator in Malmö, Sweden, offering programs (Incubator, Fast Track Malmö, Sprint, Scale, Haven games), co-working space, and the Skåne Ventures regional co-investment fund to early-stage and growth-stage tech startups across Southern Sweden and Copenhagen.
- Ownership category
- akta.pro rank
Minc industry classification
Industry- Product category
- Startup Incubation and Acceleration Services
- akta.pro primary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
Keywords
Where Minc is headquartered
LocationHeadquarters
- HQ city
- Malmö
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Minc business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Government Funding & Grants: Minc is fully owned by the City of Malmö and operates as a non-profit entity for the common good. The organization receives government funding and financial support from Region Skåne, Vinnova, and the European Union.
- Investment Fund Management: Minc manages co-investment structures including Fast Track Capital (FTC1, FTC2, FTC3) and Skåne Ventures, which invest in startups from their programs. The investment returns support ecosystem development.
- Workspace Rental: Minc generates revenue through renting co-working spaces and conference rooms at their Malmö facility, including flexible desks, fixed desks, private offices, and various meeting rooms.
- Program Fees: The Minc Game program charges 3,150 SEK/month for participants. Most other programs (Incubator, Fast Track Malmö, Scale) are free to participants as they are subsidized by government funding.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Private office space for 1-3 people |
| Subscription | Monthly | Dedicated desk in open office |
| Subscription | Monthly | Non-designated workspace in open office |
| Unit Pricing | Pay-as-you-go | Svävaren meeting room (6 people) |
| Unit Pricing | Pay-as-you-go | Piren meeting room (8 people) |
| Unit Pricing | Pay-as-you-go | Kockums meeting room (10 people) |
| Unit Pricing | Pay-as-you-go | Auditoriet conference room (40 people) |
| Subscription | Monthly | Minc Game program - early-stage game studios |
| Freemium | Multi-year contract | Fast Track Malmö Accelerator |
| Freemium | Multi-year contract | Incubator Program |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
Minc product offering
Product offeringCore offering
Minc operates a startup incubator and accelerator that runs multiple early-stage and growth-stage programs (The Incubator, Fast Track Malmö Accelerator, Minc Scale, Minc Sprint, Haven Game Accelerator) and provides co-working office space in Malmö. It also manages co-investment venture capital vehicles (Fast Track Capital FTC1-FTC3 and Skåne Ventures) that invest alongside private investors in portfolio companies.
Product overview
Minc is The Startup House of Malmö - a comprehensive startup incubator and accelerator ecosystem offering a portfolio of programs, services, and investment vehicles. The core offerings include: The Incubator (1-year program for startups with MVP), Fast Track Malmö Accelerator (free VC-prep accelerator for Southern Sweden), Minc Scale (scaling mentorship), and Minc Sprint (10-week pre-incubator). Supporting infrastructure includes Workspace & Meeting Rooms, Skåne Ventures investment fund, Minc Capital Day and Nordic Demo Day events, and specialized programs like Haven Game Accelerator and Minc Game Program. Minc operates as a service organization rather than a software product, providing coaching, community, workspace, capital access, and partner perks (AWS, Google Cloud, IBM, Microsoft, Stripe, Notion) to portfolio companies. Founded in 2002 and owned by the City of Malmö.
Differentiator
Problem solved
Functional benefit
Brands
- Fast Track Malmö Accelerator: Award-winning accelerator program for tech startups in Southern Sweden and Copenhagen area, designed to help secure 1-3 million EUR in funding
- Skåne Ventures
- Haven
- Minc Game
Products and services
- The Incubator
- Fast Track Malmö Accelerator
- Minc Scale
- Minc Sprint
- Haven Game Accelerator
- Co-working Workspace
- Fast Track Capital (FTC1, FTC2, FTC3)
- Skåne Ventures
Quantifiable outcome
- 80% higher success rate for startups at Minc
- +6 more outcomes
Companies that use Minc
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles2 records
Minc technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability5 records
Feature3 records
Minc partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- IdeoncorePartner in Skåne Ventures collaboration (2024). FTC3 was set up in collaboration with Ideon Innovation. Both organizations invest in companies from their respective programs.
- HetchcorePartner in Skåne Ventures collaboration (2024) alongside Minc, Ideon, and Krinova for early-stage startup investment in the Skåne region.
- KrinovacorePartner in Skåne Ventures collaboration (2024) for regional startup investment and ecosystem development in Skåne-Blekinge.
- Game HabitatcorePartner in Haven game accelerator program. Game Habitat brings deep games industry knowledge while Minc provides business development support including funding and company-building expertise.
- SwedbankminorFinancial institution partner supporting Minc's ecosystem and startup community.
- Grant ThorntonminorProfessional services firm providing business consulting and advisory support to startups in the ecosystem.
- Malmö YrkeshögskolaminorEducational institution partner providing talent and expertise to the startup ecosystem.
- SonyminorTechnology partner supporting Minc's ecosystem with startup perks and partner deals.
- Moll WendénminorLegal firm providing legal advisory services and support to startups.
- Lund University (Lunds Universitet)minorUniversity partner providing academic expertise, research collaboration, and talent pipeline for startups.
Scale indicators15 records
Recent moves7 records
Expansion highlights6 records
Minc competitors and assessment
Company assessmentDirect peers
- Y Combinator: The world's largest startup accelerator; runs cohort-based programs, partner perks (cloud credits), and follow-on investment. Directly comparable to Minc's Fast Track Malmö accelerator model and ecosystem-building mission.
- Techstars: Global accelerator network with sector-specific and geographic programs (similar to Minc's Game vertical and Southern Sweden focus). One of Minc's marketing coaches (Mark Jennings) previously coached at Techstars London.
- Antler: Global early-stage investor and accelerator operating in the Nordics among other regions; runs cohort-based programs, invests pre-seed, and emphasizes founder community — directly analogous to Minc's value proposition.
- MassChallenge: Non-profit, zero-equity global accelerator with award-winning programs and corporate partnerships. Highly comparable to Minc's non-profit, equity-light, government-supported model and focus on early-stage impact founders.
Broad incumbents
- Station F: The world's largest startup campus in Paris, hosting dozens of accelerator programs. Conceptually equivalent to Minc as a regional 'Startup House' with physical co-working, programs, and investor events under a single roof.
- Innovation Works: One of the most active US seed-stage investors and an early Pittsburgh accelerator; broader portfolio and capital base but comparable in combining incubation, acceleration, and seed capital under a community-focused operating model.
- Cambridge Innovation Center (CIC): Largest operator of innovation campuses in the US and globally; combines coworking, accelerator hosting, and venture programs. Comparable in operating coworking + programmatic layers, but at much greater scale.
- EIT Digital Accelerator: EU-funded European deep-tech accelerator, comparable in being subsidy-backed by the European Union and operating across multiple European geographies with cohort-driven programs — same EU funding source as Minc.
- WeWork Labs / WeWork: Global coworking and 'Labs' accelerator program offering workspace, mentorship, and investor access to early-stage startups. Comparable workspace-plus-program structure but operates at vastly greater scale and for-profit.
Regional players
- Nordic Makers / Norrström: Nordic regional investor/accelerator operating in the same geography (Sweden/Nordics) with a comparable focus on early-stage regional startup development. Regionally comparable rather than directly competitive given different sub-segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Minc social profiles
Digital presenceMinc compliance and trust
Trust signalCompliance1 record
Minc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Minc leadership team
Management profileNumber of profiles
Profiles1 record
Minc funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Minc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Minc
What does Minc do?
Minc operates a startup incubator and accelerator that runs multiple early-stage and growth-stage programs (The Incubator, Fast Track Malmö Accelerator, Minc Scale, Minc Sprint, Haven Game Accelerator) and provides co-working office space in Malmö. It also manages co-investment venture capital vehicles (Fast Track Capital FTC1-FTC3 and Skåne Ventures) that invest alongside private investors in portfolio companies.
Is Minc a public or private company?
Minc is a private company. It is classified as state government owned and is currently operating.
When was Minc founded?
Minc was founded in 2002. It employs 1,001 to 5,000 people.
Where is Minc based?
Minc is headquartered in Malmö, Sweden, in the Europe region.
How does Minc make money?
Four revenue lines are on record. Government Funding & Grants are the primary driver. The others are investment Fund Management, workspace Rental and program Fees.
Who are Minc's main competitors?
Direct peers on record are Y Combinator, Techstars, Antler and MassChallenge. Broad incumbents are Station F, Innovation Works, Cambridge Innovation Center (CIC), EIT Digital Accelerator and WeWork Labs / WeWork. Nordic Makers / Norrström is listed as a regional player.
Does Minc have an API?
No public API is recorded for Minc.
What industry is Minc in?
Minc's product category is Startup Incubation and Acceleration Services. Its primary akta.pro industry code is FSANAAAM, Accelerators & Incubators (Investor-Operated).