Looking for a specific product?

Make a search for products & suppliers, articles & news.

Innovative Norwegian Duo Designs iPhone Product

Two 20-year-old Norwegian entrepreneurs are making millions after designing a unique solar-powered charger for iPhone.

What started out as boring summer holiday, turned out to be a lucrative business venture for Waleed Ahmed and Flemming Sommerfeldt Bordoy. They were frustrated with the low battery capacity of their iPhones, and designed a solar-powered holster that could charge the device. The product not only already earned them NOK 12 million, but kicked off their entrepreneurial careers.

 

"They think big, unlike the typical Norwegian," Bård Stranheim, Director of Innovation Norway in Telemark, tells public broadcaster NRK. "It’s a Mark Zuckerberg-kind of attitude."

 

Innovation Norway helped the duo establish their company, Grønt Norge ("Green Norway"), and build the prototype with a stipend of NOK 150,000. This year, the young duo expects their company to report earnings of NOK 40 million.

 

Still, the success hasn’t gone to their heads quite yet. "Don’t get me wrong, we have a great life," Ahmed says to NRK. "Flemming and I have an agreement that we’ll slow down a bit when our savings reach NOK 100 million." As for now, Ahmed is still living at home, and Bordoy is serving in the military.

 

However, it shouldn’t take too long before they reach their goal. Other projects and contracts are in the works, and they are still saving and working hard at opening up new doors and opportunities. Last year they only took out NOK 100,000 in salary, in addition to the company covering all their travel expenses.

 

"Although we deal with a lot of young people, these guys are at the very end of the spectrum," says Stranheim. "They have definitely found a recipe for success."

Related news

Latest news

Eimskip strengthens its worldwide forwarding services by acquiring the logistics company SHIP-LOG A/S in Denmark

Eimskip has strengthened its position in worldwide logistics services by acquiring 75% of the freight forwarding company SHIP-LOG. 

For Sale Assets from the former BMV LAKSEVÄG YARD in Bergen, Norway!

For Sale Assets from the former BMV LAKSEVÄG YARD in Bergen, Norway! The entire shipbuilding and fabricating facility is closing and more than 500 lots is on sale.

Servogear CPP for Seasight II - Future of the Fjords

We are proud to announce that Servogear has been chosen for the delivery of Servogear...

TechnipFMC Signs Agreement with Pall to Supply Slurry Oil Filtration Systems for Fluid Catalytic Cracking Units

The associated activities will be managed by TechnipFMC Process Technology’s center in Houston,

10 Million kroner for verification funding

The Norwegian Research Council has granted 10 million...

Hilti acquires Oglaend System Group

Oglaend System’s headquarters will remain in Klepp, 

DOF Subsea AS ("DOF Subsea" or the "Company") today announces its intention to launch an initial public offering (the "IPO") of its ordinary shares and to apply for a listing on Oslo Børs

NOT FOR DISTRIBUTION OR RELEASE,

DOF Subsea North America extends charter for Jones Act Compliant vessel Harvey Deep Sea

The Harvey Deep Sea Vessel is a Multi-Purpose DPII Construction,

Untrue rumours about an on-going incident at the Halden Research Reactor in Norway

The Norwegian Radiation Protection Authority has become aware that stories about an ongoing incident involving a “meltdown” at the Norwegian Institute for Energy Technology (IFE) reactor situated in Halden are currently ci...