Everything you need to know about the startup scene in Copenhagen

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Copenhagen startup ecosystem

Copenhagen is a thriving hub for innovative startups. Known for its high standard of living and vibrant business culture, the city attracts entrepreneurs from around the globe. With strong sectors in AI, data security, and virtual reality, Copenhagen leverages cutting-edge infrastructure to drive digital innovation.

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Mentors in Copenhagen

Reinis Andersons

Commercial and growth profile with extensive experience within subscription apps, ecommerce and marketplace growth. Contact me for help with: Scaling teams Scaling budget Finding growth levers Establishing measurement frameworks Working with product & tech as a marketer.

Reinis Andersons
Head of Marketing / Fractional CMO

Hi 👋🏼😃If you are part of a growing tech company, a SaaS business model, or with a focus in B2B, I will be happy to guide you in regards to your strategy, your people, and your operations.

Celine Fosse
Strategy & Operations | B2B |SaaS | People Management

GrowthMentor events in Copenhagen

Frequently asked questions

Which industries or sectors are dominant in the Copenhagen startup ecosystem?

Copenhagen’s startup ecosystem is robust, particularly in tech, biotech, and clean tech. The city is also strong in sectors like fintech, medtech, and foodtech, supported by a collaborative innovation environment and strong governmental support.

What are the key accelerators available for startups in Copenhagen?

Copenhagen hosts several key accelerators, including Accelerace, Founders House, and Copenhagen Fintech. These accelerators provide mentorship, funding, and extensive resources to help startups grow and succeed.

What local funding opportunities are available for startups in Copenhagen?

Startups in Copenhagen can access various funding opportunities, including venture capital firms like Seed Capital and Sunstone Capital. Additionally, there are angel investor networks such as Danish Business Angels (DanBAN) and public funding programs through organizations like Innovation Fund Denmark.

Are there any tax incentives designed to support startups in Copenhagen?

Copenhagen offers several tax incentives to support startups, including tax deductions for R&D activities and various grants for innovation and technology development. The Danish government also provides incentives through programs like the Innovation Fund Denmark.

What is the cost of living and operating a business in Copenhagen?

Copenhagen has a relatively high cost of living compared to other European cities. Office space can be expensive, but there are many co-working spaces available at competitive rates. The cost to start a small business in Copenhagen can vary widely, with typical startup costs ranging from $10,000 to $20,000. This includes expenses such as business registration, initial marketing, equipment, and rent.

What is the talent pool like in Copenhagen?

Copenhagen has a highly skilled and diverse talent pool, supported by top institutions like the University of Copenhagen and the Technical University of Denmark. The city attracts talent from across Denmark and internationally, providing startups with access to a well-educated and varied workforce.

How is Copenhagen's infrastructure conducive to startup growth?

Copenhagen’s infrastructure is highly conducive to startup growth. The city offers excellent transportation links, including Copenhagen Airport, a comprehensive public transportation system, and well-maintained road networks. Also, Copenhagen has a strong digital infrastructure with widespread high-speed internet access.

Are there any major networking events focused on startups in Copenhagen?

Copenhagen hosts several major networking events for startups, such as TechBBQ, CPH Fintech Week, and the Nordic Startup Awards. These events provide valuable opportunities for startups to connect with investors, mentors, and industry peers.

What is the regulatory environment like for startups in Copenhagen?

Copenhagen provides a supportive regulatory environment for startups, with initiatives aimed at simplifying business registration and compliance. The Danish government has implemented various policies to reduce administrative burdens and encourage entrepreneurship, making it easier for startups to navigate regulatory requirements and focus on growth.