Launched in December, NewCo Accelerator has gathered more than 100 startup teams for its services and program at a record rate.
The accelerator is aimed at startups located in the Helsinki metropolitan area targeting international growth and its services and program focus specifically on funding, team building and growth.
“We anticipate that our accelerator will serve closer to 200 teams this year, and we are positively surprised that the first 100 found our service already during the first weeks of operation.
As a startup ecosystem actor, we want to support the local startup ecosystem. Our message is that startups are offered long-term support for business development,” says Timo Helenius, the Head of Growth Services at NewCo Helsinki.
The theme of the first training module was funding
NewCo Accelerator organizes monthly training modules for its teams. The first training module provided information on funding routes and options at different stages of startup development. The three-day training was organized virtually for the teams participating the accelerator program on January 19-21, 2021.
In the training accelerator coaches advised startups on how to define the best funding options for startups. The training also included presentations by experts from Business Finland, Finnvera, Nordea and FiBAN, among others.
“Participants praised the comprehensive training package and the information and tips it provided. Based on the training, the teams will continue to build and work on their financial plans with the support of the coaches,” says Ola Sundell, the Community Manager at NewCo Accelerator.
The next training module will focus on team building
The training module in February will cover team building. A well-functioning team lays the foundation for a successful company and its business. Diversity is one of the characteristics of a great startup team. The time and more detailed content of the training module will be announced to the teams later.
NewCo Accelerator runs nonstop
The accelerator runs non-stop and teams can apply and access the service and program at any time.