Newchip Accelerator

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!

The difference between our startup and another company is having gone through the Newchip program. Newchip helped us share our story to potential investors and improve our product. Newchip gave us access to tools that allowed us to build a better company.

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.

Newchip is a mirror that showed me the mistakes I was making. They completely changed the way I do business and the way I will conduct business in the future.
Newchip has helped me become the entrepreneur that I have always wanted to be.

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.

People that join the program at Newchip should take advantage of reaching out to all the resources that are out there. There’s people with a lot of experience who have been through the process.
I chose Newchip because I saw the quality of people when I was in the process of selecting an accelerator and I saw the experience of new companies coming into the space, especially in the technology sector.

The Masterminds, curriculum, mentors, and startup founders were a great combination that brought a lot of value to my Newchip experience.
The mentor Newchip assigned us just hit it out of the park and has continued to remain valuable as a sounding board and fantastic resource for our company.

When going to talk to investors, I know what they’re looking for and I have that context to be able to frame the information I want to convey to tell my story to them, help me build a relationship, and help them evaluate my company as a deal they might see as favorable.

Thanks to Newchip and their curriculum, we were able to build on our strengths and work on our weaknesses. I was able to identify my priorities and better understand the investors wants and needs as well.

Newchip stood out over other accelerators that we were vetting. I really gravitated towards the fact that there’s no equity taken. It was really well-structured, operated on my time, and milestones that could be checked off, and that format was huge for me.

The Series A program was really important. The Newchip Series A program was a perfect fit for our stage and some of our challenges.
We now have a good understanding of the characteristics of investors who would be a good fit.

To learn is what I came to Newchip for, but I also made a lot of great friends and mentors who helped me a lot.
I went from knowing nothing about doing a funding round and how the VC world works to knowing as much as I possibly could about receiving funding.

Insight Optics has made a lot of progress since joining Newchip. We’ve secured our first major channel partners and established relationships with big players like Emory Hospital and Blue Cross Blue Shield.
Newchip has helped us secure grant funding for $200,000.

The process was seamless. The fact that it was online, streamlined, and convenient made us want to check it out. It definitely made sense in our case.
Going through Newchip really helped me because it showed me step-by-step how to raise money and how to understand the environment.

Newchip had the best approach especially for where we were at that time in the market. I got incredibly more confident in pitching to both investors and customers with the help of Newchip.

When I looked at Newchip, they were the only ones who offered a Series A accelerator program.
With Newchip's help, I gained a better understanding that the things we’d gone through in the past, were not unusual. Having the ability to connect with other founders really made a difference.

We've learned a lot. Newchip was educational in a variety of ways. For me, even as an experienced CEO, I definitely learned.

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.