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Newchip
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website thubmnail of Newchip
newchip.com
California
1 review
1 helpful vote
Follow Alex B.
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Newchip appears to be a scam:
1. Either all or most of the companies in the group I was part of were unhappy with them.
2. They have extensive requirements before they will make any introductions.
3. I had issues getting through some of those requirements because they were unavailable.
4. They market a money back guarantee but there are all sorts of fine print that are not there at all in their marketing.
5. They didn't come through with their promises to me.
6. We got zero value out of it

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Date of experience: May 10, 2023
Washington
1 review
1 helpful vote
Follow Mayra Z.
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They had the same enthusiasm as I have for building a successful company. Observing them at work was a great source of motivation. I knew nothing about funding, but they helped me learn what I need to know.

Date of experience: February 26, 2023
Texas
1 review
0 helpful votes
Follow Sahanaz G.
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It means so much to learn that you're not alone and that other people have already walked the path you're trying to take now. This program helped me to find real mentors who are knowledgeable and supportive. They guided me and helped me connect with other founders. It didn't take me long to understand that the number one thing I was missing was confidence. Today, I'm excited to see our startup taking its first steps, and I know we have a promising future ahead of us.

Date of experience: February 12, 2023
Pennsylvania
1 review
0 helpful votes
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Excellent mentors
March 22, 2023

Newchip is an excellent platform for any entrepreneur seeking to fund their venture. The organization offers a comprehensive set of tools and services to assist entrepreneurs in connecting with investors, developing business ideas, and obtaining finance.

Date of experience: March 22, 2023
Texas
1 review
0 helpful votes
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Repeat Business
March 4, 2023

We have been working with Newchip for a couple of times now and never get disappointed. Even as our capital requirements increase, the resources and connections they give us always fill the gap. No regrets investing in their program as they come back a hundredfold.

Date of experience: March 2, 2023
Texas
1 review
0 helpful votes
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Through Newchip we were introduced to our first investor, which created a snowball effect for our business. They hand selected venture capitalists that were interested in our industry and saved us an incredible amount of time and energy.

Date of experience: May 12, 2023
Texas
1 review
0 helpful votes
Follow Wendy M.
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Their team of experienced advisors provided me with personalized coaching and mentoring, helping me to refine my business plan, develop a marketing strategy, and navigate the fundraising process. Their resources have also been incredibly helpful in connecting me with other entrepreneurs and industry experts.

Date of experience: April 7, 2023
Texas
1 review
0 helpful votes
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I have been given the opportunity to connect with experts in the industry who have mastered their craft and are willing to share their knowledge with us. I found the program to be incredibly useful, as it taught me practical skills that I have been able to apply to my startup. The program helped me find potential investors, which has been crucial for the success of my business.

Date of experience: May 8, 2023
New York
1 review
0 helpful votes
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Purpose-driven!
February 9, 2023

What I like most about Newchip is that they embrace all kinds of businesses. As a small business owner, I was intimidated at first. But working with Newchip gave me all the knowledge, skills, and ultimately, the confidence I needed to turn my business into something bigger, and more purposeful at that.

Date of experience: February 7, 2023
Texas
1 review
0 helpful votes
Follow Andrea K.
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Newchip is known for its extensive experience and exceptional expertise in facilitating connections between startups and investors. The knowledge and insights we have gained from our association with this organization have been truly priceless. This program has equipped us with all the essential tools and strategies necessary to enhance our competitiveness and appeal to potential investors.

Date of experience: April 30, 2023
New York
1 review
0 helpful votes
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Incredible Experience!
February 4, 2023

Learned so much more in their 6-month program than I ever learned in my many years at business school. Their real world applications were remarkable. It was amazing to experience building my company from ground up then selling it afterwards. I wouldn't have been able to reach this point of success if not for the wonderful coaches at Newchip. My what's, why's, how's, and when's – they really took the time to answer them all!

Date of experience: January 30, 2023
Texas
1 review
0 helpful votes
Follow Wilfred E.
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We experienced valuable mentoring from working with Newchip, they helped us become clear on our company's mission. They have great access to investors and funds which is proving to be very beneficial in our fundraising efforts. The Newchip team was amazing throughout the process as well, they were super supportive and quick to respond to any questions we had.

Date of experience: April 25, 2023
Texas
1 review
0 helpful votes
Follow Embrey T.
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I would highly recommend Newchip if you're looking for a comprehensive and supportive platform to help fund your startup. With their focus on providing a personalized experience and user-friendly tools, they are an excellent choice for anyone looking to take their startup to the next level.

Date of experience: March 24, 2023
Texas
1 review
0 helpful votes
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Impressive
May 24, 2023

Thanks to the invaluable support and unwavering confidence we received from Newchip, we successfully navigated through our second round of investment meetings. From the very beginning, Newchip has been an indispensable partner in our entrepreneurial journey. Their expertise in guiding and preparing us for investor interactions has been instrumental in our growth and success.

Date of experience: May 23, 2023
Texas
1 review
0 helpful votes
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Good people
March 21, 2023

I recently had the pleasure of working with Newchip to help me kickstart my startup. From the moment I reached out, I was impressed with their responsiveness and attention to detail. The team was incredibly knowledgeable about the fundraising process and helped guide me through every step, from perfecting my pitch deck to connecting me with potential investors.

Date of experience: March 20, 2023
Washington
1 review
0 helpful votes
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Easy to work with.
March 31, 2023

The program is user-friendly and intuitive, which made it easy for me to navigate and find the information I needed. The investment opportunities available through Newchip are diverse and cater to a wide range of interests, which was a huge plus for me.

Date of experience: March 27, 2023
Texas
1 review
0 helpful votes
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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.

Date of experience: May 20, 2022
Texas
1 review
1 helpful vote
Follow Laurriane P.
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It was obvious that they were just in the business solely for the money and not about helping businesses strive like what they market. Don't believe their lies if you don't want to lose your hard-earned money. There were a lot of other ones who could actually help you without breaking the bank. Learn from my mistake.

Date of experience: April 1, 2022
Andrew R. Newchip Rep
over a year old

Hi Laurrianne,
We couldn't find a startup founder under your name in our system and you didn't return our message through the internal SiteJabber messenger so there's not much we can do here except respond:

All other founders, the reality is that successful CEO's are too busy building to write reviews and when 99% of startups fail; someones going to always fail and blame the accelerator at this scale over multiple years.

We do our best to support every founder's success but sometimes founders come in and fail in the first few weeks of the program even or expect us to be a magic instant pill to turnaround poor decisions prior to joining overnight - we put in a lot of work and we’re going to support you, but you’re the CEO at end of day.

Rather than some random stuff on the internet that anyone can write. Here’s some actually great successful startup CEO's we’ve supported and invested in over last year: https://vimeo.com/showcase/8819086

Texas
1 review
1 helpful vote
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Very smooth experience. A quick and effective application process. I received answers to all my questions; the team was really supportive and professional. They have good perks for startups: the program is equity-free and opens doors to excellent networking opportunities. I've gained hands-on knowledge and valuable skills to start and scale my business.

Date of experience: March 2, 2022
Texas
1 review
2 helpful votes
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Joining this Accelerator program has been the best decision ever! They made fundraising so much easier for me! They did a great job teaching me how to raise capital and, most importantly, how to do it quickly and effectively. My cohort was great; I met really talented people who helped me rethink my pitch and take my message to the next level. They opened the doors to a whole new world for me, a world full of new connections, valuable skills, and hands-on knowledge. Thank you!

Date of experience: March 4, 2022

Overview

Newchip has garnered a mixed reputation, with many customers praising its supportive environment and effective mentorship that significantly aids entrepreneurs in navigating the fundraising landscape. Positive feedback highlights the platform’s comprehensive resources, personalized coaching, and successful connections with investors, fostering confidence and growth among startups. However, some customers express dissatisfaction regarding transparency and unmet expectations, particularly related to the program's requirements and the perceived value of services. Overall, while Newchip is recognized for its potential to empower entrepreneurs, concerns about clarity and follow-through indicate areas for improvement in customer communication and service delivery.

This summary is generated by AI, based on text from customer reviews

service
45
value
45
shipping
34
returns
33
quality
44