“A strong founder team and the right employees are two of the most crucial factors to strengthen growth in a start-up. These are also critical factors for investors when they are considering investing in a young company that cannot show historical key figures and that also has an untraditional business model and growth strategy. The Hub helps to solve that challenge,” says Klavs Hjort, Head of Growth and Impact at Danske Bank, and he continues:
“From a societal perspective, it’s also interesting to support start-ups in their growth ambitions to become big, global companies. They create jobs and contribute to an increase in GDP – and they also attract international talent to Denmark.”
In 2017, the Danish government set up a start-up panel that documented the fact that start-ups are more productive and the most important source when it comes to generating new jobs, both in Denmark and internationally. And by generating these jobs, start-ups also generate a solid foundation for growth. Consequently, Danske Bank’s work with The Hub goes hand in hand with the interests of society,” explains Klavs Hjort.
Supporting start-ups and growth businesses in the Nordic countries
In addition to The Hub, Danske Bank has a wide portfolio of other activities focusing on start-ups across the Nordic region: