“The challenge for international companies is to diversify their customer base in the US. The Norwegian startup ecosystem has some great players that US citizens will benefit from in both public and private sectors” said Ellen Chang, director of H4X Labs. “Teaching them how to capitalize on opportunities through this program will create even stronger links between innovative Norwegian products and the U.S. economy.”
After the success of four Norwegian companies last year, the Hacking 4 Allies program continues to grow. His second cohort of the initiative is underway to connect allied dual-use startups to the U.S. defense ecosystem. Eight startups and scale-ups from various defense-related fields were selected to participate. A business accelerator at BMNT Inc, he pairs H4XLabs advisor and concierge his style and spends six months learning how to raise money, work with the Department of Defense, and find nearby clients market etc.
Highlights
Hacking 4 Allies is a partnership between his BMNTs. Its enterprise accelerator H4XLabs. Innovation Norway; Norwegian Defense Research Institute (FFI); Royal Norwegian Embassy and Norwegian-American Defense and Homeland Security Industrial Council (NADIC). This multi-year effort helps grow dual-use ventures and teaches them how to do business in the United States. Previous participants include Alva, Fieldmade, Excitus and Ubiq. “Hacking 4 Allies will ensure that Norwegian dual-use start-ups and scale-ups mature and become a steady source of much-needed innovative technology for both Norway and its main ally, the United States. ‘ said the Royal Norwegian Embassy.