How do large organizations discover innovations before they become obvious? And how do startups get the opportunity to test their solutions where they can make real impact?
For Ignite Nordic, the answer lies in creating meaningful collaborations between organizations with real needs and startups with the drive and technology to solve them.
Since its founding in 2017, Ignite Nordic has worked to connect startups with large companies, the public sector, and other organizations looking for new solutions. The goal is not simply to create meetings, but to build collaborations where both sides grow and evolve together.
For Linus Arnold, VP Operations at Ignite Nordic, the topic is also personal. Before joining Ignite, he ran his own startup after studying at Chalmers School of Entrepreneurship, where entrepreneurship was combined with technology and business development. The experience of trying to bring innovation to market shaped his perspective on how startups and larger organizations need to work together.
“I saw that many researchers believed they had discoveries with huge potential, without really knowing how valuable the technology would be to future customers,” he says.
That experience later became a driving force in helping researchers and early-stage companies better understand the market – and eventually also in his work at Ignite Nordic.
“Working with startups, and having ways to implement their solutions, is like taking very large steps forward very quickly,” says Arnold.
Matchmaking That Goes Beyond Meetings
Externally, Ignite Nordic is often described as a matchmaking platform between startups and established organizations. But according to Linus Arnold, the term “matchmaking” can sometimes oversimplify what actually happens behind the scenes.
“Many people associate matchmaking with speed dating and small talk over a cup of coffee. That’s very undermining to what we actually deliver,” he says.
In practice, the process is about understanding needs, identifying directions, and creating the right conditions for collaborations to emerge and grow.
Today, Ignite works with everything from Nordic and international corporations to municipalities, regions, and organizations with different types of innovation needs. What they all share is a search for new solutions – but their ability to work effectively with startups varies significantly.
“Some understand that they should work with startups, but they don’t know how. Some do it, but not very effectively. And then there are those who understand it, do it, and do it well,” says Arnold.
To better understand where organizations stand, Ignite works with startup collaboration maturity – assessing how prepared organizations are to engage in successful startup collaborations and adapting the process accordingly.
A Process That Starts Long Before the First Meeting
When an organization contacts Ignite, the first step is understanding its challenges, goals, and long-term direction.
“We need to understand the target. We’re shooting arrows, so we need to set up a good target area for where the arrows should land,” says Arnold.
The process is not about writing an exact specification, but rather identifying areas where startups can contribute with new perspectives or solutions.
From there, the scouting begins. Ignite identifies relevant startups from its network and creates a selection based on the organization’s needs and future direction.
In many cases, it is not only about finding the most obvious match.
“Sometimes you find startups that directly match the need they have expressed. But sometimes you find innovations that align with the company’s direction, even if they haven’t explicitly asked for it,” says Arnold.
This is also where unexpected opportunities can arise – both for the organizations and for the startups themselves.
“We’ve seen examples where startups have started targeting completely new industries after meetings like these.”
Innovation That Creates Value on Multiple Levels
For Ignite Nordic, the value of startup collaborations goes far beyond individual business deals. It is also about strengthening innovation capability, culture, and attractiveness over time.
“Working with innovation and startups is strong marketing towards top talent within the field,” says Arnold.
He also describes how organizations are often affected internally once they begin engaging more closely with external innovation ecosystems.
“The internal innovation culture becomes stronger when you start looking at external ideas.”
At the same time, measuring the impact of innovation work is not always straightforward.
“It becomes a bit of a butterfly effect,” says Arnold. “You do one thing, gain an insight, and who knows where that insight will lead.”
Building Bridges Between Ideas and Implementation
At its core, Ignite Nordic’s work is about reducing the distance between ideas and implementation. Between startups developing new solutions and organizations that need them.
And at a time when many industries and public organizations are facing major transitions, that type of collaboration is becoming increasingly important.
“Startups have often spent all their time and investment solving a problem that large companies need help with. Being able to connect the two in the right way creates enormous value.”