Together with four other Danish companies, TimeLog has been chosen to participate in the growth programme GazelleGrowth which is the leading business development programme for Danish innovative growth companies that have shown a positive growth on the domestic market and wishes to realise their full international potential.
GazelleGrowth is supported by the Danish Agency for Science, Tecnology and Innovation and is targeted rapidly growing Danish companies that employs between 5-100 people and has a turnover of more than 2 million DKK. The participating companies have been chosen from a field of more than 50 candidates based on the assessment of the potential of internationalisation and the strength of the company’s business idea.
Each of the participating companies will be affiliated with an international growth centre and will be awarded with business development and services worth more than approx. 1.5 million DKK. The companies will receive consultancy from international customers, partners and opinion formers in order to choose the right product and market strategy. Among the consultants in the programme you will find international experts such as Dan Meiland, former CEO in Egon Zehnder, and Lesa Mitchell, President in Kauffman Foundation, US.
TimeLog will use the participation in the GazelleGrowth to develop and execute an ambitious international venture over the next few years. By servicing 130 international customers today, we already know the difference between selling software in Denmark and abroad – a knowledge that together with support from the GazelleGrowth will result in a substantial growth in the Northern European markets and help us reach our target which is a turnover of 30-50 million DKK in 2013.
We will regularly update our news section on the website and other social medias about our progress in the GazelleGrowth programme.