“I have known Andrew as a student, entrepreneur, and leader, and was privileged to observe the story of Newchip evolve from the idea stage. It has been exciting to watch Newchip develop into a premier accelerator, support young entrepreneurs, and actively engage with the community. Newchip's team is deeply committed to supporting start-ups and making a positive difference in the community by supporting student projects, guest speaking, and mentoring. I would highly recommend Newchip to any entrepreneur or colleagues interested in working with or at an accelerator.”
“If you’re a founder for a start up, and wanna be taken serious! Then NewChip will be the way to go! Their strategy has proven success, and will continue to be a driving force for future start up companies!”
“If I’d done Newchip two years ago, I would’ve saved myself a lot of headaches.
The best decision I made was to join Newchip. It was the catalyst for bringing in a co-founder. It was the catalyst for reading books that changed my outlook and attitude toward the investor community. It was the catalyst to focus more on what’s important to the venture community rather than what I think they should be focused on.”
“We have experienced a return so high with Newchip that I wouldn’t think twice about working in partnership with them again. They were able to put 70 different investor meetings on our calendar.
The investment in Newchip was worth it for us.”
“As an early-stage tech company, it can sometimes feel like we’re in a bit of a bubble, trying to figure out how to get to that next step can be difficult.
I come from a very technical background and have very little experience with fundraising whatsoever. So, just being able to have a program that I could look at and digest instilled a lot of confidence in me…to have conversations going into VC meetings.
A lot of people were pushing us to go through a massive first-seed round, but after working through Newchip, we felt it was more appropriate to go after a smaller, pre-seed round.
That’s the type of lesson that I have Newchip to thank for.”
“Even with an extensive Wall Street background, I had never raised money before and I was never involved in a VC or PE kind of function. I was always on the trading and risk management side. Newchip was just a huge library of content on a wide range of topics, all related to positioning yourself for investment.
Newchip really helped me craft and hone my messaging. I really felt like I learned how to tell our story and understand the perspective of investors.
It’s been enormously foundational and educational for me, that Newchip built an accelerator, and made it more practical for me to get that educational experience without leaving my location.”
“Newchip actually honed in on the critical milestones that must be present for an investor to seriously consider partnering with your business. I think Newchip has a deep understanding of what those requirements are.
Newchip gave us access to their network, and events like the demo day, media access, and access to financial advisors helped us become more of a business than a great product development company.”
“Newchip taught me how to be patient in many aspects. You know, Rome wasn’t built in a day, and Linguado wasn’t built in a day.
I understood that by listening to other founders, listening in my mastermind sessions, and listening to what the investors had to say.
It’s hard to build a company, and there’s days you don’t want to get out of bed. So, just knowing that other people may be in a similar position is comforting.
Accelerators give your company a little more credibility in general, and having the resources that Newchip has was incredibly valuable.”
“In the larger scheme of things, Newchip is a wise investment because it will save you time that you'd otherwise be using to hunt down investors.
Instead, you’ll be able to spend that time building your product and showing the world what it’s all about. There are many innovations accessible through Newchip that a company can use at their own speed.
What's more, businesses can meet investors across the nation, rather than in a select area.”
“Having the flexibility as to how we consumed the curriculum—and who we worked with and when—was really, really helpful to allow us to meet the demands and the natural rhythm of our business, and weave Newchip into it.”
“The Newchip Accelarator program was very worthwhile. They provided vary valuable coaching that enabled us to tell our story well. They, also, provided a large number of investor introductions. We successfully raised our round and it was oversubscribed.”
“It is difficult to pinpoint just one area of value that Newchip has added to our company. From the perfectly tailored materials in the curriculum to the mentor feedback and fundraising strategy sessions, it is really the culmination of all these different aspects that make it such an indispensable program.”
“Raising funds as we initiated a major product pivot as an incredible challenge – we had grown beyond the Seed stage but our new product did not have the traction for a Series A. Through Newchip, we were able to find specific investors to help us through our bridge round while also making great connections that will aid in future rounds.”
“There is nothing more valuable than establishing a great relationship with the Newchip investor relations team. They’re on your side. If you can understand and relay the value proposition and give them the ammunition they need, then the value they bring is unrivaled.”
