{"id":274398,"date":"2024-12-11T01:21:00","date_gmt":"2024-12-11T01:21:00","guid":{"rendered":"https:\/\/www.strategytools.io\/?page_id=274398"},"modified":"2024-12-11T16:34:55","modified_gmt":"2024-12-11T16:34:55","slug":"dnb-scale-up","status":"publish","type":"page","link":"https:\/\/www.strategytools.io\/dnb-scale-up\/","title":{"rendered":"From Advisors to Growth Partners: How Norway&#8217;s Largest Bank DNB Elevates Startup Advisory with the Scale Up! Masterclass"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f5f6fe&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_stops=&#8221;#e0e0ff 0%|#ffffff 100%&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;1000px&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;2%||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;|800|||||||&#8221; header_2_text_color=&#8221;#404fe6&#8243; header_2_font_size=&#8221;19px&#8221; custom_margin=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 style=\"text-align: center;\"><span>CASE STUDY | STARTUPS<\/span><\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;&#8211;et_global_heading_font|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_text_color=&#8221;#060815&#8243; header_font_size=&#8221;70px&#8221; header_line_height=&#8221;1.2em&#8221; header_2_font_size=&#8221;35px&#8221; max_width=&#8221;82%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; custom_padding_tablet=&#8221;0px||0px||false|false&#8221; custom_padding_phone=&#8221;0px||30px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; animation_direction=&#8221;bottom&#8221; header_font_size_tablet=&#8221;67px&#8221; header_font_size_phone=&#8221;35px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1 style=\"text-align: center;\">From Advisors to Growth Partners: How Norway&#8217;s Largest Bank DNB Elevates Startup Advisory with the Scale Up! Masterclass<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|off|off&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||-300px||false|false&#8221; custom_margin_tablet=&#8221;||-300px||false|false&#8221; custom_margin_phone=&#8221;||0px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/Slide2.jpg&#8221; title_text=&#8221;Slide2&#8243; align=&#8221;center&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;75%&#8221; max_width_tablet=&#8221;75%&#8221; max_width_phone=&#8221;100%&#8221; max_width_last_edited=&#8221;on|desktop&#8221; module_alignment=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; background_enable_image=&#8221;off&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; custom_padding_tablet=&#8221;0px||120px||false|false&#8221; custom_padding_phone=&#8221;0px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; custom_margin=&#8221;250px||||false|false&#8221; custom_margin_tablet=&#8221;250px||||false|false&#8221; custom_margin_phone=&#8221;0px||||false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;|20px|0px|20px|false|false&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/10\/forsikringsselskap-dnb-logo.png&#8221; title_text=&#8221;forsikringsselskap-dnb-logo&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; width=&#8221;150%&#8221; max_width=&#8221;47%&#8221; max_width_tablet=&#8221;30%&#8221; max_width_phone=&#8221;62%&#8221; max_width_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;50px&#8221; header_2_font_size_tablet=&#8221;50px&#8221; header_2_font_size_phone=&#8221;35px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"et_pb_module_header\" style=\"text-align: center;\">About DNB<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"et_pb_blurb_description\">\n<p>DNB is Norway\u2019s largest bank, serving over 2.4 million retail customers and 235,000 corporate clients with services across personal banking, corporate financing, and international currency trading. As a leading technology-driven financial group, DNB has a strong focus on sustainability and community support, returning over half of its annual profits to society. With operations in 17 countries and expertise in sectors like shipping, energy, and fisheries, DNB combines Norwegian roots with a global reach.<\/p>\n<\/div>\n<p>[\/et_pb_text][et_pb_image _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f5f6fe&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221; custom_padding=&#8221;60px|||||&#8221;][et_pb_row _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;82px||0px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;50px&#8221; header_2_font_size_tablet=&#8221;50px&#8221; header_2_font_size_phone=&#8221;35px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"et_pb_module_header\" style=\"text-align: center;\"><span>Background<\/span><\/h2>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/dnb-bank.jpg&#8221; title_text=&#8221;dnb bank&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px|20px||20px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;42px|||||&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;0px|20px||20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>As a leader in Norway\u2019s financial sector, DNB Bank has consistently shown its commitment to supporting Norway&#8217;s entrepreneurial ecosystem, playing a critical role in the journey of over 20,000 startups since 2014.<\/p>\n<p>Through initiatives such as the DNB Founders program, DNB NXT, the 100 Pitches competition, digital health accelerators, startup coaches, and growth mentors, DNB has cultivated one of the most robust startup support infrastructures among European banks.<\/p>\n<p>With a dedicated team of entrepreneurial-focused staff in Oppstart &amp; Vekst, DNB continues to support founders at every stage, from early ideation to scaling globally.<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/dnb-nxt-winners.jpg&#8221; title_text=&#8221;dnb nxt winners&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px|20px||20px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||3px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"color: #808080;\"><em>The winner of 2024&#8217;s DNB NXT 100 Pitches competition &#8211; RAB Diagnostics<\/em><\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|20px|0px|20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;50px&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;30px||30px||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;50px&#8221; header_2_font_size_phone=&#8221;35px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"et_pb_module_header\" style=\"text-align: center;\">Challenge<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The DNB team recognized an evolving challenge with its startup and scale-up clients: many founders were coming to the bank for funding only after significant scale-up opportunities had already been missed, often limiting growth options.<\/p>\n<p>While DNB\u2019s advisors were experienced in financial analysis, they needed a deeper understanding of early-stage investment, equity, and valuation to provide more strategic guidance. With startups expecting advisors who understand the unique challenges of high-growth business stages, DNB sought a practical learning solution to elevate its advisors&#8217; knowledge of the \u201cFounder\u2019s Journey.\u201d<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/1728746410610-980&#215;652-1.jpeg&#8221; title_text=&#8221;1728746410610-980&#215;652&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||3px|||&#8221; custom_padding=&#8221;30px||0px||false|false&#8221; custom_padding_tablet=&#8221;30px||30px||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||71px|||&#8221; custom_padding=&#8221;||3px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>DNB\u2019s team Oppstart &amp; Vekst (2024)<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; max_width=&#8221;1188px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_testimonial author=&#8221;Christian Arntzen&#8221; job_title=&#8221;Business Advisor at DNB&#8221; portrait_url=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/christian-arntzen.jpeg&#8221; quote_icon=&#8221;off&#8221; quote_icon_color=&#8221;#FFFFFF&#8221; portrait_width=&#8221;150px&#8221; portrait_height=&#8221;150px&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; body_font=&#8221;||||||||&#8221; body_font_size=&#8221;22px&#8221; background_color=&#8221;#f5f6fe&#8221; border_style_all=&#8221;none&#8221; border_color_all_portrait=&#8221;#FFFFFF&#8221; border_style_all_portrait=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>\u201cFor me, it&#8217;s ten out of ten. It\u2019s a valuable program that brings us closer together, and I found myself using what I learned almost immediately in conversations with my clients. It was amazing to shift my mindset, asking questions about future rounds and investor expectations right away.&#8221;<\/p>\n<p>[\/et_pb_testimonial][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|20px||20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;50px&#8221; custom_padding=&#8221;91px||30px||false|false&#8221; custom_padding_tablet=&#8221;30px||30px||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;50px&#8221; header_2_font_size_phone=&#8221;35px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"et_pb_module_header\" style=\"text-align: center;\">Solution<\/h2>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/Slide26.jpg&#8221; title_text=&#8221;Slide26&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||50px|||&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Earlier this year, 25 members of DNB\u2019s \u2018founder-focused\u2019 team participated in the Scale Up! Masterclass. This two-day immersive simulation, \u201cfrom idea to exit,\u201d was designed to enhance the advisors\u2019 ability to guide high-growth companies through the often-turbulent scale-up journey.<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/Slide91.jpg&#8221; title_text=&#8221;Slide91&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||43px|||&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Over two intensive days, advisors worked through the entire founder lifecycle, from idea to IPO, experiencing the challenges founders face firsthand.<\/p>\n<p>Divided into six teams, the 25 participants selected mock startup companies across industries like cleantech, robotics, and digital health. As the teams progressed through each stage of growth, they tackled the complexities of startup financing, investor relations, and market expansion.<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/Slide107.jpg&#8221; title_text=&#8221;Slide107&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||37px|||&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Day one was focused on early-stage growth, and the teams explored aspects like company ideation, problem-solution fit, burn rate, and pitching to investors.<\/p>\n<p>\u201cThe experience was very practical, which I found refreshing,\u201d shared Christian Arntzen, Senior Advisor at DNB. \u201cI\u2019m used to sitting for hours and listening, but this was hands-on learning. I\u2019ve never experienced getting so much out of such little time.\u201d<\/p>\n<p>By the end of day one, the teams had completed 23 funding rounds, raised their first capital, and even created a \u201cbank-born\u201d unicorn. \u201cThinking three capital rounds ahead was a big takeaway for me,\u201d Arntzen said, emphasizing how critical long-term planning is for startups.<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/1728744478482-980&#215;735-1.jpeg&#8221; title_text=&#8221;1728744478482-980&#215;735&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; min_height=&#8221;180.4px&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>On day two, the focus shifted to scaling. The teams experienced the complexities of hypergrowth, managing a 10x valuation increase, and navigating cap table management, outcome scenarios, and exit strategies.<\/p>\n<p>Maren Eide, another DNB advisor, reflected, \u201cThe workshop added a new dimension. Now, I consider valuation and equity with more nuance, which I can apply directly in my role.\u201d<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/dnb-2.jpg&#8221; title_text=&#8221;dnb 2&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||42px||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The Scale Up program closed out with IPO discussions and strategic board management, allowing DNB participants to guide their companies to public market listings with exchanges like Oslo and Nasdaq.<\/p>\n<p>The hands-on experience transformed DNB advisors\u2019 understanding, giving them a much richer context to discuss growth with founders.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; max_width=&#8221;1188px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_testimonial author=&#8221;Maren Eide&#8221; job_title=&#8221;Financial Advisor &#8211; Business and Institutions at DNB&#8221; portrait_url=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/1712170783320.jpeg&#8221; quote_icon=&#8221;off&#8221; quote_icon_color=&#8221;#FFFFFF&#8221; portrait_width=&#8221;150px&#8221; portrait_height=&#8221;150px&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; body_font=&#8221;||||||||&#8221; body_font_size=&#8221;22px&#8221; background_color=&#8221;#f5f6fe&#8221; custom_margin=&#8221;||75px|||&#8221; border_style_all=&#8221;none&#8221; border_color_all_portrait=&#8221;#FFFFFF&#8221; border_style_all_portrait=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>\u201cThe program was intense\u2014two very full days\u2014but it was also incredibly fun and engaging. That kind of concentrated learning is powerful. The experience helped us be more professional in our approach. Now, when we talk to clients with professional investors involved, we understand their language and can ask better questions.<\/p>\n<p>[\/et_pb_testimonial][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;75px|||||&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|20px||20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;50px&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;30px||30px||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;50px&#8221; header_2_font_size_phone=&#8221;35px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"et_pb_module_header\" style=\"text-align: center;\">Impact<\/h2>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/1728744263847-980&#215;735-1.jpeg&#8221; title_text=&#8221;1728744263847-980&#215;735&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||68px||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4>Deeper Understanding of the Founder&#8217;s Journey<\/h4>\n<p>Through DNB\u2019s Scale Up! Masterclass, participants gained a comprehensive understanding of the entrepreneurial journey. The immersive experience equipped the DNB team with hands-on knowledge of cap table management, financing strategies, and growth metrics, enabling them to better support startups in a competitive financial ecosystem.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|20px||20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/dnb-4.jpg&#8221; title_text=&#8221;dnb 4&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; min_height=&#8221;212.8px&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4>Enhanced Skills for Navigating Growth and Exit Strategies<\/h4>\n<p>With practical, hands-on skills gained from the Masterclass, DNB advisors are now better equipped to guide clients in strategic growth planning and funding decisions. As one advisor noted, the program has made them more attuned to critical questions around funding and investor expectations right from the start.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; max_width=&#8221;800px&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|20px||20px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/dnb-5.jpg&#8221; title_text=&#8221;dnb 5&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4>Deepened Commitment to the Ecosystem<\/h4>\n<p>The Scale Up! Masterclass reinforced DNB\u2019s dedication to Norway\u2019s entrepreneurial ecosystem. By better understanding founders\u2019 challenges, DNB is now able to offer more meaningful, growth-oriented support, positioning itself as a key partner for startups aspiring to expand globally.<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||62px||false|false&#8221; custom_padding_tablet=&#8221;30px||||false|false&#8221; custom_padding_phone=&#8221;0px||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"https:\/\/www.strategytools.io\/from-pre-idea-to-post-ipo-with-dnbs-startup-growth-experts\/\" target=\"_blank\" rel=\"noopener\">To go into more detail about the full Scale Up! program we ran with DNB, check out the blog post by Christian Rangen: From pre-idea to post-IPO with DNB\u2019s startup &amp; growth experts<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; max_width=&#8221;1188px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_testimonial author=&#8221;Espen Rognerud&#8221; job_title=&#8221;Growth Expert at DNB&#8221; portrait_url=&#8221;https:\/\/www.strategytools.io\/wp-content\/uploads\/2024\/11\/1713541672210.jpeg&#8221; quote_icon=&#8221;off&#8221; quote_icon_color=&#8221;#FFFFFF&#8221; portrait_width=&#8221;150px&#8221; portrait_height=&#8221;150px&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; body_font=&#8221;||||||||&#8221; body_font_size=&#8221;22px&#8221; background_color=&#8221;#f5f6fe&#8221; border_style_all=&#8221;none&#8221; border_color_all_portrait=&#8221;#FFFFFF&#8221; border_style_all_portrait=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>&#8220;It was fun! The simulation format was incredibly efficient, delivering a wealth of knowledge in just two days. The interactive elements made learning feel effortless, and the competitive aspect added an exciting dimension. Given that my role involves interacting with startups and scale-ups, I now feel better equipped to challenge them regarding their investor journey, which will be a priority in my upcoming meetings.&#8221;\u00a0<\/p>\n<p>[\/et_pb_testimonial][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;0px||80px||false|false&#8221; custom_padding_tablet=&#8221;0px||120px||false|false&#8221; custom_padding_phone=&#8221;0px||50px||false|false&#8221; bottom_divider_color=&#8221;rgba(64,79,230,0.05)&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.24.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;90%&#8221; max_width=&#8221;670px&#8221; custom_margin=&#8221;||||false|false&#8221; custom_margin_tablet=&#8221;0px||40px||false|false&#8221; 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header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 style=\"text-align: center;\">Talk to Us<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.26.1&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|&#8211;et_global_body_font_weight|||||||&#8221; text_text_color=&#8221;#000000&#8243; text_orientation=&#8221;center&#8221; max_width=&#8221;70%&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;0px||30px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: center;\"><span>Get in touch to find out more about our masterclasses and programs and how you can bring them to your organisation.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/www.strategytools.io\/contact\/&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;Get in Touch&#8221; button_alignment=&#8221;center&#8221; 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MasterclassAbout DNB DNB is Norway\u2019s largest bank, serving over 2.4 million retail customers and 235,000 corporate clients with services across personal banking, corporate financing, and international currency trading. As a leading technology-driven financial group, DNB [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[10,24],"tags":[],"class_list":["post-274398","page","type-page","status-publish","hentry","category-startups","category-strategy-simulation"],"_links":{"self":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages\/274398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/comments?post=274398"}],"version-history":[{"count":10,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages\/274398\/revisions"}],"predecessor-version":[{"id":274642,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/pages\/274398\/revisions\/274642"}],"wp:attachment":[{"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/media?parent=274398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/categories?post=274398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.strategytools.io\/wp-json\/wp\/v2\/tags?post=274398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}