Successful applicants will have a model that has the potential to reach at least 10% of a well-defined target demographic in Sweden.
LSV is looking for ventures with models that can scale nationally or even internationally through growth or replication/franchising.
Successful entrepreneurs are committed to building something larger than themselves and know that their creation only has real potential if it can grow in the hands of others.
Out of the applications LSV has received (192), 15% are ready to scale, 35% are in a stage of still validating their model, looking to bridge the period until the model is set and ready to scale. 50% of models are local or not scalable by nature or have teams uninterested in growth.