newchip accelerator

Newchip Accelerator

Founded: 2016

Newchip's goal is to help entrepreneurs succeed. Their various accelerators provide founders with all of the tools and skills necessary to build, scale, and fund their startups. Their missions is to take startups from idea to exit.

About

Program Type
Startup Accelerator
Categories
Accelerators & Incubators
Tags
AdviceCommunitiesInformation TechnologyInternetOnlineSoftware
Duration
24 weeks

Newchip Accelerator & Venture Fund

Newchip is one of the most prominent and fastest growing startup accelerators in the world. Their team of industry veterans is comprised of investors, startup founders with multiple exits, and subject matter experts in all startup verticals.

EQUITY-FREE PROGRAMS
Unlike accelerators that require you to give up 5-10% of your startup, Newchip is 100% equity-free, making their programs extremely founder friendly.

ONLINE & REMOTE PROGRAM
Regardless of where you are in the world, you can participate in the Newchip Accelerator. Newchip does not require relocation. Their programs are run entirely online.

STARTUP TO EXIT ROADMAP
Develop your startup and fundraising roadmap with Newchip’s expert mentors and connect with their global community of founders, angel investors, and venture capitalists.

“The thing that I have found in Newchip that I never had, despite all my years of being an entrepreneur, is that raising money is an art form. It’s a process, and what Newchip did is it taught me a lot of stuff that I didn’t actually know. Newchip packaged it in a way, and put together a sequence of events that was new to me. Being a process-oriented guy, that’s what I really liked about it. It followed a pipeline that I could run my project through, and I would know where to stop and start to keep moving forward. The people I dealt with were extremely knowledgeable about the things they were knowledgeable about.”

Bruce Dugan | CEO, Inicia Incorporated

“As a female founder, we have some barriers to entry. Having the support of the Newchip founders and directors was a great confidence booster, and going into those meetings with confidence has made all the difference. Newchip Connect has also helped us fill the calendar with meetings with investors.”

  • Sloan Foster | CEO, Authothink

“They are knowledgeable in all the aspects of starting a business and getting investor funding, they helped me and my partners refine our pitch deck to eventually lock down our first investor commit. They are straight shooters and if they don’t know an answer, which is rare, they will tell you and direct to a person who can help. Thanks for all your help!”

  • Drew Pasler | COO, Sampoll

Location

City / State
AustinRemoteTexasVirtual
Country
United States

Funding & Benefits

CategoriesType of Funding
Early Stage VCLate Stage VCPre-SeedSeed
Offer
Equity-Free
Program Fee
$4,000
Other Benefits
Newchip guarantees 20 investor meetings for each accelerator company.

Other

Application Status
Open
# of Startups Invested
1000
Total funding raised by startups
$100M+
Crunchbase Rank
3857
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