By Einar Fredrik Barth-Heyerdahl
Ungt entreprenørskap and Sparebank1 SMN are helping young people with great business ideas. This program is for youth businesses (Ungdomsbedrifter or UBs) and aims to support them in becoming better and pursuing their goals. Through three gatherings, young entrepreneurs get to meet top leaders, successful business owners, and experts in innovation.
SpareBank1 SMN, along with Ungt Entreprenørskap, acting as both judges and mentors, has provided valuable feedback to the UBs. The final gathering took place at NTNU Gruva, where young entrepreneurs presented their projects to key personnel in business and innovation. This was an exciting event for the students, who enjoyed networking with successful entrepreneurs from Grunderbrakka and the entrepreneurial program as well.
The winner of the competition was Aquaguard UB, followed by Skilock UB in second place. Other participants included Aquafence UB, Ligra UB, and Topotech UB. The competition celebrated the UB with the most potential for innovation and growth.

SpareBank1 SMN started Team Trøndelag in 2022 to inspire high school students to pursue their business ideas. The bank believes that excellence in any field, including entrepreneurship, requires a strong support system. Last year, one participant – Kelpnest UB – won the European Championship for Youth Enterprises, inspiring future participants.
This year marks the third Team Trøndelag event, and the journey continues. The initiative has been well-received by the talented youths and the supporting organizations like UE, Faktry, and NTNU.
SpareBank 1’s support goes beyond financial help. Hans Tronstad, the bank’s Community Dividend Manager, explains that supporting young entrepreneurs helps create future opportunities for the entire region. Through Team Trøndelag, young entrepreneurs receive inspiration and rigorous training from experts.
The Team Trøndelag program helps young entrepreneurs practice and improve their skills. The six best youth businesses in the innovation category from the Trøndelag regional championship were chosen to participate. These included 30 students aged 17-18 from Mære Agricultural School, Thora Storm High School, and Byåsen High School.

The three gatherings covered various themes and began in early April. The feedback from participants has been very positive. Students appreciated the opportunity to visit SpareBank1 SMN and hear success stories from established entrepreneurs.
Hans Tronstad emphasizes the importance of the initiative: “These young people are tomorrow’s heroes. While it is important to celebrate achievements in sports and culture, we must also support those who dare to become entrepreneurs. The hard work and training required to succeed as an entrepreneur deserve recognition and support.”
As Trøndelag looks to the future, programs like Team Trøndelag are essential for building a strong and dynamic business environment. By nurturing young talent and encouraging entrepreneurial ventures, the region is preparing for future economic growth and innovation. With continued support, the next generation of job creators and innovators is ready to make a significant impact.