Study trip: TONIK at the Faroe Islands

Join NorBAN on an Exclusive 4-Day Angel Investment Study Trip to the Faroe Islands, including participation at the TONIK startup conference as a VIP guest with unique activities and international networking opportunties!

From May 7th to 11th 2025, embark on an extraordinary journey to the Faroe Islands — a hidden gem among the Scandinavian countries — where cross-border investments are flourishing, and exciting opportunities to diversify your business angel portfolio await!

This carefully curated trip offers a rare chance to participate as a VIP guest in the TONIK startup conference, one of the most unique and innovative events in the Nordic investment scene. You’ll enjoy exiting activities and unparalleled networking opportunities with international investors from both sides of the Atlantic who gather at TONIK each year to exchange investment cases, share knowledge, and explore avenues for growth.

Thanks to the success of FarBAN – the Faeroe Business Angels Network that was recently established with support from NorBAN, the region has rapidly become a hotspot for new Business Angels. FarBAN has proven to be one of the most successful example of engagement in a business angels network, bringing together individuals supporting local companies in the Faeroes — a region deeply connected to the wider Scandinavian business opportunities ecosystem.

With this trip we want to share our new connections and insights into the business ecosystem in this close neighbour you never visited, so by joining this trip, you will get:

• Direct access to a dynamic community of entrepreneurs and investors in the North Atlantic.
• Discover high-potential startups in a region that holds untapped investment potential to diversify, expand and enrich your investment portfolio.
• Build relationships with international investors who meet annually at TONIK to share ideas and investment opportunities.
• Enjoy VIP access at the TONIK startup conference, giving you a behind-the-scenes view of cutting-edge developments in the startup world.

In collaboration with Sensen Travel we can offer this engaging experience to all investors in the Norwegian startup ecosystem with a maximium of 10 participants from Norway, and NorBAN members gets first pick at the reduced price early-bird tickets to participate, so don’t wait long to decide if you are going!

Organizer details

The trip is organized and delivered by Sensen Travel in collaboration with NorBAN. All tickets, transport, lodging and services are provided by Sensen Travel, and during group activities you will be accompanied by an organizer from NorBAN to ensure everything goes smoothly.

Please note that while we are getting the best possible pricing for this event the prices are variable due to flexible pricing for underlying flight tickets and hotel stays that causes the costs to increase closer to the travel dates we get. Prices are therefore starting at NOK 14 995,- for first week early-bird tickets, and increases up to NOK 19 995,- for later bookings, but further adjustments can be made if required by price changes.

Whats included

The package price for the trip includes all of the following elements:

• Round trip flights direct from Oslo Airport to Vágar Airport in the Faeroe Islands with Atlantic Airways and round trip airport transfers from Vágar to Tórshavn by Taxi
• Four nights lodging and breakfast at the 4 star Hotel Hafnia in Tórshavn, near the TONIK venue
• Lunch and Dinner on Thursday and Friday
• Study visits to interesting local businesses to learn about the Faroese business community
• Full day pre-conference activity for VIP guests and speakers on Thursday the 8th of May
• Full access to the TONIK conference and afterparty on Friday the 9th of May
• Free day for self organized sightseeing on Saturday the 10th of May
• One year free NorBAN Insider membership for the participant

However, participants must be prepared to cover any of the following items at their own additional expense:

• Any required travel or transport to and from Oslo Airport in time for the flights
• Lunch and Dinner on Wednesday, Saturday and Sunday
• Any additional drinks beyond what is provided at any of the stops/events
• Any costs incurred for free time activities or outside of the programme
• Any additional transportation required to get around Torshavn outside of organized visits

Full Programme

• Wednesday 7^th of May:
  • Group meetup at Oslo Airport for direct flight to Vágar with Atlantic Airways departing at 11:05
  • 12 – 13: Arrival at Vágar with Atlantic Airways and transportation to Tórshavn
  • 13 – 16: Lunch and study visit at local businesess TBD
  • 16 – 19: Check in at Hotel Hafnia and free time
  • 19 – 22: Dinner and angel mixer together with FarBAN – The Faeroe Island Business Angel Network
• Thursday 8^th of May:
  •  All day: Pre-conference VIP activity and dinner for VIP guests to TONIK
• Friday 9^th of May:
  •  All day: TONIK startup conference and event afterparty
• Saturday 10^th of May:
  •  Free day for sightseeing – Some suggested activities:
    • Renting a car to go sightseeing around the islands
    • Walking around Tórshavnand visiting museums/distilleries/brewhouses
    • Going hiking from Tórshavn to the Kirkebø ruins
    • Ocean daytrip with sightseeing at Nólsoy
  • 19 – 22:  Private dinner and mingling with the TONIK conference organizers
• Sunday 11^th of May:
  • Morning: Transportation to Vágar for return flight home direct to Oslo with Atlantic Airways at 13:15

Terms and conditions

The package trip is sold and provided by Sensen Travel in the Faroe Islands, their terms and conditions apply once the tickets have been issued.

• All participants are responsible to ensure that they meet on time and in suitable clothing and gear for any transport or activity on the programme.
• No refunds or discounts will be provided if you are unable to participate in any part of the programme at any time, including missing flights or boat departures. In such cases you will be responsible to catch up with the scheduled program at your own cost, if possible.
• Name change permitted before travel date for DKK 700,00
• Cancellation is permitted until 30 days prior to departure with cancellation penalty 50% of total cost.
• A full refund is possible only in case the trip is made impossible by force majeure conditions at the destination, including war, natural distasters, pandemic diseases, or similar events.