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  2. Essentially, Newchip presented itself as an accelerator that would help startups meet and raise money from investors and grow their companies for a fee. But the accelerator failed to deliver on a number of its promises, some employees say, and left hanging founders who had signed up.
    techcrunch.com/2023/05/19/this-austin-accelerator-made-big-claims-employees-and-customers-say-it-didnt-deliver/
    techcrunch.com/2023/05/19/this-austin-accelerator-made-big-claims-employee…
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  3. People also ask
    Is newchip a good accelerator program?Newchip is an accelerator program that is relatively new and underrated. Newchip has received positive reviews, despite many people not knowing about it. Newchip scored a 96% positive rate on its website. Averaged from 225 reviews, 4.6 out of 5 ratings Now let's dive into Newchip's reviews and its relatively new Indulgence With Astralabs:
    What's wrong with newchip's accelerator program?However, the biggest issue with Newchip's accelerator program (according to Newchip's reviews and our research) is that the program itself is expensive. It costs around 8,000 Dollars for an entrepreneur to attain Newchip's six-month program.
    What is the newchip accelerator discount?That discount is normally reserved for taking a risk associated with investing cash early, but in this case, was given as an incentive for Newchip to offer their accelerator program below the cost to run the program.
    Why is the newchip accelerator a remote program?They wanted to make the venture ecosystem previously limited to founders and investors in top startup cities like San Francisco and New York more accessible. Because of this, the Newchip Accelerator was designed as a remote program since its inception.
     
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