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  2. The tuition cost varies depending on the program you join: The pre-seed program, for companies raising or scaling up to $1 million, is estimated to be about $2,000 to $3,000. The series seed program, for companies raising up to $5 million or scaling up to $3 million, is estimated to be about $7,000.
    www.propel.run/blog/accelerator-review-newchip-an-equity-free-option-for-startup-founders
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  3. People also ask
    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.
    What is newchip accelerator?Since its inception in 2019, the equity-free, remote accelerator has enabled over 1,500 startups from 50+ countries to raise over US$450 million in funding. Newchip’s programs aim to provide its promising founders and entrepreneurs with all the resources and skills needed to get funded and succeed.
    How much does newchip cost?Some founders argued, in interviews with TechCrunch and in at least one public post discussion on LinkedIn, that Newchip’s fee — which varied from a few thousand dollars to up to $18,000 or $20,000 — was too high and not worth the services provided.
    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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    WEBMay 25, 2023 · Lessons for the Startup Ecosystem. Newchip's demise highlights the need for accelerators to: Be transparent about fees and value provided. Align incentives with participants' success, not...

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  25. Newchip Accelerator | Austin TX - Facebook

    WEBNewchip Accelerator, Austin, Texas. 7,485 likes · 1 talking about this · 55 were here. The #1 Remote Accelerator Helping Founders Get Funded 1000+ Portfolio Companies Globally $450M+ Raised Newchip

  26. Newchip Launches Equity-Free Online Accelerator Program

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