Celebrating a decade of entrepreneurship and innovation – Techarenan Challenge marks its 10th anniversary

This year, the annual entrepreneurship competition Techarenan Challenge celebrates its 10th anniversary, a milestone that underscores a decade of demonstrating Nordic entrepreneurship and innovation.

Over the years, thousands of Nordic companies have applied, and hundreds of prominent startups and scaleups have been part of the competition, showcasing their innovative solutions and services to a broad audience.

“When we started the Techarenan Challenge, our vision was to create a platform that not only showcased the incredible talent within the Nordic innovation ecosystem but also addressed the pressing global challenges of our time,” says Omid Ekhlasi, CEO and Co-Founder of Techarenan. “Looking back over the past decade, I’m proud to say that our community has been a driving force for positive change, inspiring a new generation of entrepreneurs.”

Applications Now Open for 2024

As Techarenan celebrates this milestone, applications are now open for the 2024 edition of the Techarenan Challenge.

The application phase is open until May 8. After a first selection round, an expert jury evaluates the entries based on several criteria. In the end, 24 final companies will be selected to participate in the competition, held during the political week in Almedalen, Visby, on June 26-28.

The companies pitch live before a jury of profiled investors and entrepreneurs. The finalists compete for awards in six categories, including the main awards, Startup Company of the Year and Growth Company of the Year. 

Travel and accommodation are included, and the finalists get to showcase their companies at the Tech Exhibition at Techarenan in Almedalen.

Launchpad for Success

The Techarenan Challenge has been a launchpad for numerous success stories. Some previous winners include the digital health care platform Min Doktor, the global biotech company BICO, solar cell manufacturer Exeger, the food waste management company Too Good To Go, and the cancer treatment medtech company Multi4 Medical.

“After the competition, we got in contact with many well-known investors and reached a deal for our next round. Participating in Techarenan Challenge gave the whole team a big energy kick and the motivation to work even harder,” says Miden Melle-Hannah, CEO and Founder of Multi4 Medical.

For more information and to apply for the 2024 Techarenan Challenge, visit https://techarenan.se/challenge/

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About Techarenan Challenge

Techarenan organizes an annual entrepreneurial competition open to all Swedish and Nordic entrepreneur-led companies in the startup and growth phase.

Criteria
The competition is open to all companies, regardless of company form business area of phase. The company must:

• Be entrepreneurial
• Have a unique technology, concept, or business idea

Assessment
The jury assesses the company and business idea based on:

• Scalability
• Uniqueness
• Market potential
• Global applicability
• Competence within the team

Awards:

• Startup Company of the Year
• Growth Company of the Year
• Audience Award
• Social Impact Award
• Industrial Award
• Business Award

Winners:

The winners of the Techarenan Challenge get an exhibition spot at The Tech Arena 2025.