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Alma Media to join startup accelerator

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Alma Media Corporation                        Press release                           5 March 2015 at 10:00 a.m. EET

ALMA MEDIA TO JOIN A STARTUP ACCELERATOR

Alma Media and the telecommunications group DNA have joined the first round of the acceleration programme Star-Tap focusing on digital service innovations. The goal of the programme is to strongly intensify the collaboration with innovative growth companies.

Major companies in Finland and abroad have increased their investments in growth company collaboration, which presents opportunities to reform the industries in the rapidly changing environment. Startup companies can develop and test new business concepts quickly and smoothly but require references, sales channels and cash flow. The Star-Tap programme has been developed to meet the demands of both major companies and growth companies.

“Alma Media aims to develop multichannel content, create new mobile solutions, grow digital services and exploit data in a versatile manner. Collaboration with growth companies offers new opportunities for fast and agile progress. Alma Media, on the other hand, offers its partners a channel to accelerate their growth”, says Alma Diverso’s Senior Vice President Minna Nissinen.

Among the startup companies registered for the programme, companies will be selected based on chosen themes and the aim is to launch commercial collaboration with these companies and together develop new products and services. The programme does not primarily aim at equity investments but instead at product development, subcontracting and reselling cooperation with commercial terms. KoppiCatch Ltd is responsible for the execution of the programme with changing themes.

Alma Media and DNA will host the first programme and are searching for growth companies especially from the following fields:

  • Digital advertising: new, innovative solutions for advertising and targeting
  • Smart living room: new concepts for video, entertainment and Internet of things
  • E-commerce: conversion analytics, online customer experience and purchase experience
  • Media: new solutions for news media, offer media and multichannel audience measurement

Growth companies interested in Alma Media’s and DNA’s collaboration are invited to sign up at koppicatch.com/star-tap.

More information: Alma Media, Minna Nissinen, Senior Vice President, Alma Diverso, tel. +358 (0)10 665 3929.

Alma Media is a media company focusing on digital services and publishing. In addition to news services, the company’s products provide useful information related to lifestyle, career and business development. The services of Alma Media have expanded from Finland to the Nordic countries, the Baltics and Central Europe. In 2014, the company employed an average of 1,830 professionals (excluding deliverers), of whom approximately one quarter worked outside Finland. Alma Media’s revenue in 2014 totalled approximately EUR 295 million. Alma Media’s share is listed on NASDAQ OMX Helsinki. Read more at www.almamedia.com.

DNA Ltd is a Finnish telecommunications group providing high-quality voice, data and TV services for communication, entertainment and working. DNA is Finland’s largest cable operator and the leading pay TV provider in both the cable and terrestrial networks. For DNA, the key area for growth in the Corporate Business is the new way of working, independent of time and place, facilitated by smart mobile devices, diverse communication services and rapid connections. In 2014, DNA recorded a turnover of EUR 833.5 million and an operating profit of EUR 29.4 million. DNA Ltd has more than 3.5 million mobile communications and fixed network customer subscriptions. The Group also includes DNA Store, Finland’s largest retail chain selling mobile phones. For more information, please visit www.dna.fi, Twitter @DNA_fi and Facebook.

KoppiCatch Ltd is a seed investor and startup accelerator with its main focus on media, IT, e-commerce, analytics, wellness and education. KoppiCatch consults large corporations in startup collaboration and offers continuous startup scouting and facilitation services as well as time-limited industry-specific acceleration programmes. The company is also a Vigo accelerator certified by the Ministry of Employment and the Economy. www.koppicatch.com.

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