Newchip

We were impressed by how the different teams at Newchip presented the course. Their accelerator is the best in helping startups like us get that extra boost of confidence needed when connecting with investors.

After months of struggling to find investors, NewChip pointed us on the right track with their accelerator. The program was very detailed and our mentors took a great time explaining every piece of information.

Newchip helped cement our advocacy for financial literacy across the country. They helped us connect to a significant number of investors. Their approach is unconventional and their advisors are always available. Enrolling in their program has really been worth our time and money, and we would do it again in a heartbeat.

We were cold called by this company several times for their accelerator program. After telling them (and documenting it) that it did not sound like a good fit for a later stage company and/or for more experienced entrepreneurs they insisted that we would not need to participate in their accelerator programs and could just leverage their IR component to potentially save us time with investor outreach. They represented that they would provide full transparency and collaborate to compliment our own fundraising process.

The truth was unfortunately not consistent with their sales pitch. They waited months to get us to their IR group (because they were not set up to just send a company through as promised) but unfortunately when we got there they neither provided introductions other than to other accelerators and refused to provide any visibility to who they were potentially reaching out to (if they were reaching out at all) that would have potentially been value added to compliment our own process but the veil of secrecy actually increased risks with our own process by potentially duplicating efforts and not retaining rev control which is absolutely critical in any process.

Despite requesting refunds and asking if they can at least do anything of value, they instead only throw us into their "customer service" email cue to engage in new threads with people who do not have any of the history or a script for how to deal with a company and process that is outside of their cookie cutter offering.

I have worked with countless VCs, accelerators and other infuencers and taken companies public, sold others and run our own incubator. If you are a new entrepreneur who has no experience this program may be of value. I don't know as we did not sign up for it or participate in any way. That said, if you are not interested in the cookie cutter program they offer do not be deceived into false promises that they can tailor anything different for you. As soon as they have your money, they will substantially end communications. I'm of the mindset that the world is way too small to try to take companies and influencers for $12K or so in cash and a lot more of time wasted opportunity cost. My guess is they have a sales incentive of some sort for their cold callers to do whatever it takes to get someone to participate in any way and then I suppose it is just a business judgment call on their side to hope no one bothers to report out on any no value added experiences. In 30 years of start ups this is the first time I've felt compelled to do so.

Do not trust their six months program. It's terrible. These people LIE BLATANTLY ABOUT WHAT THEY CAN DO FOR YOU and what you can expect from the program. I feel horrible that I WASTED SIX MONTHS OF MY PRECIOUS TIME trusting these evil people. I didn't get the desired results, and when I asked them about it, they became rude and disrespectful towards my team and me. PLEASE AVOID! BEWARE!

Newchip opened our eyes to the wonderful world of cryptocurrency, and we're so excited to be launching what is probably the world's first ever art tech startup with their support.
I like that even though we were on a different time zone we were still able to make the most out of their programs.
Because of Newchip's mediation, we were able to align better with investors.
Newchip delivers what they said they would and that, for us, is the most important thing.

A life-changing experience, full of Aha moments! The curriculum and the resources were top-notch. This program helped me regain my confidence and become a better communicator. The skills and knowledge I've acquired here quickly proved essential in my success.

We decided to work with Newchip after learning about their accelerator from fellow startups. After running the business for over three years without any help, it is a refreshing experience to know that there are capable people who are willing to help. Newchip was there to help us create a compelling story and made it possible for us to reach more investors.

It's a great accelerator to prepare you for new challenges and opportunities. Awesome tools to facilitate learning and network-building. Mentors are knowledgeable, attentive to detail and experienced.

The management sets very high standards for the employees, but it's unable to apply the same standards to itself. The managers want employees to collaborate well and treat each other with respect, but they are the ones who are rude to the employees and show no respect. Many of them are perfectionists who strictly expect perfect output from the employees. But they are unable to teach us and provide adequate training to be able to do our tasks better.

The most important thing that I've learned is that every business starts with a 'why.' With the help of my mentors, I managed to come up with a powerful 'why' for my business and attract investors. I can't thank them enough for the training, knowledge, skills and network I acquired by the end of the program. And I continue reaping the benefits…

The investment in Newchip was worth every penny. For some reason, they knew exactly what we needed to be successful and efficient. They gave us the resources we lacked and helped find investors for our catering startup. We learned how to frame effective messages, negotiate successfully, and build a network in a limited timeframe.

They helped me take my first steps in the digital marketing industry and raise over $2M for my startup. Newchip's accelerator was well-structured, highly informative and very useful. It helped me understand investors' needs in the market and build reliable relationships with my business partners.

Newchip offers a Series A accelerator program that has totally changed the way I do business. Without this program, I would never gain access to such valuable resources and networks. They're highly experienced, especially in the technology sector, so they easily showed me the path to success for my HealthTech startup.

Their accelerator programs are very informative and I would recommend them even to the veteran CEOs out there. The sessions let you mingle with other founders so there's an abundance of best practices shared.
The best part is that they helped us raise capital for our digital marketing start-up without taking equity. So our business remains entirely our own. Happy to report that we are now equipped to help smaller businesses grow faster too.

If you are open to learning to better your startup business, you need to take this course.

You learn things that are not taught in "traditional" schools.

Plus you can have constant contact, wide-open availability to chat/email with your advisor to bounce ideas! This is valuable!

But the ultimate is contacting investors. You are a pre-qualified company because you took the time to learn about the world of investment funding.

Think about it... if you were an investor, who would you invest in? A company who took the time to learn, or a company that thinks they know it all?

I chose Newchip after comparing their track record with other accelerators. Since partnering with them, we able to schedule 16 meetings with different investors. It helped us raise almost $200,000 for purchasing new equipment.

Newchip has opened new doors for us and gave us the tools to build a better company.

One of the best things that sets Newchip apart from other accelerators is their commitment to the people and companies they serve.

More than the learning, I have made great friends and met new mentors. This positive relationship renewed our confidence and taught us how we could move forward as a business.

Their expansive network helped us widen the distribution of our HealthTech solutions. It's a highly competitive industry, but Newchip enabled us to gain a big chunk of the market.