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Propel Capital

Early-stage funding of 600,000 SEK to startups in all industries via Sting, usually as a convertible loan during the programme.

Amount

600,000 SEK

Funding rate

Varies — depends on the scope of the project and the grant provider's assessment.

Deadline

No fixed deadline specified — applications are usually accepted continuously. Check current dates with the grant provider.

About the grant

Propel Capital offers early-stage funding of 600,000 SEK to startups in all industries through Sting. The funding is usually provided as a convertible loan during the programme. Applications are made by submitting a pitch deck via Sting's website, and the process from first contact to signed investment agreement usually takes 4–6 weeks.

Requirements

The grant provider does not list any fixed requirements in advance for this support. In practice, an individual assessment of your application is made — who you are, what the project is about and how well it fits the purpose of the grant. Read the source below for the applicable conditions before applying.

What types of project are suitable?

startup

Source

Read more at Sting

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