Scale Lab Andorra

Scale Lab Andorra represents Andorra's premier business hyper-acceleration initiative, designed to identify, fund, and support early-stage ventures with technological differentiation and significant growth trajectories. Operating as Creand's (formerly Crèdit Andorrà) dedicated investment arm, the program welcomes promising startups from around the globe, providing them with not just capital but comprehensive acceleration resources. The program's distinctive approach combines financial backing with strategic guidance to help innovative companies scale effectively while potentially leveraging Andorra's unique business environment.

The investment focus spans five strategic sectors where Scale Lab sees particular potential: fintech innovations, energy efficiency and sustainability solutions, health and wellness technologies, leisure and sports ventures, and mobility advancements. Beyond these core areas, Scale Lab maintains flexibility to support companies from alternative sectors that demonstrate capacity to contribute positively to Andorra's economic landscape. This balanced approach allows the accelerator to build a diverse portfolio while maintaining alignment with both global innovation trends and local economic priorities.

Scale Lab targets companies at a specific development stage - those that have successfully validated market interest in their offerings but require additional capital and expertise to execute effective growth strategies. This post-validation, pre-scale phase represents a critical juncture where strategic investment and mentorship can significantly impact trajectory. The program's investment thesis focuses on unlisted companies with proven concepts that demonstrate readiness to scale operations, expand market reach, or enhance their technological capabilities with proper financial and strategic support.

A distinctive element of Scale Lab's value proposition is its comprehensive relocation support, facilitating international startups' transition to Andorra through specialized professional and personal services. This enables portfolio companies to benefit from Andorra's advantageous business environment, including its favorable tax structure, strategic European location, and quality of life. Additionally, Scale Lab offers a unique co-investment model where Creand's clients can participate alongside the bank in funding selected ventures, creating multiple pathways for capital formation while providing investors with curated access to promising early-stage opportunities that have passed the program's rigorous selection process.