Minc

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.

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

Product category

Startup Incubation and Acceleration Services

akta.pro primary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

• Startup incubation programs
• Business accelerator services
• Venture fund management
• Co-working office space
• Entrepreneurship ecosystem support

Headquarters

HQ city

Malmö

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. 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.
2. 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.
3. 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.
4. 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

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core 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

Named customers11 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability5 records

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• IdeoncoreStrategic or Co-development PartnerPartner in Skåne Ventures collaboration (2024). FTC3 was set up in collaboration with Ideon Innovation. Both organizations invest in companies from their respective programs.
• HetchcoreStrategic or Co-development PartnerPartner in Skåne Ventures collaboration (2024) alongside Minc, Ideon, and Krinova for early-stage startup investment in the Skåne region.
• KrinovacoreStrategic or Co-development PartnerPartner in Skåne Ventures collaboration (2024) for regional startup investment and ecosystem development in Skåne-Blekinge.
• Game HabitatcoreStrategic or Co-development PartnerPartner in Haven game accelerator program. Game Habitat brings deep games industry knowledge while Minc provides business development support including funding and company-building expertise.
• SwedbankminorGTM or Marketing PartnerFinancial institution partner supporting Minc's ecosystem and startup community.
• Grant ThorntonminorImplementation/ SI/ Consulting PartnerProfessional services firm providing business consulting and advisory support to startups in the ecosystem.
• Malmö YrkeshögskolaminorStrategic or Co-development PartnerEducational institution partner providing talent and expertise to the startup ecosystem.
• SonyminorGTM or Marketing PartnerTechnology partner supporting Minc's ecosystem with startup perks and partner deals.
• Moll WendénminorImplementation/ SI/ Consulting PartnerLegal firm providing legal advisory services and support to startups.
• Lund University (Lunds Universitet)minorStrategic or Co-development PartnerUniversity partner providing academic expertise, research collaboration, and talent pipeline for startups.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Direct 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

• Xx.com/mincmalmo
• Facebookfacebook.com/mincmalmo

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Minc