Knowledge collaboration is spreading and related accelerator programmes are key to keeping pace with digitalisation. Such programmes usually involve a mentor who advises young entrepreneurs on how to grow a business and become innovative. Apart from professional coaching and seed financing, most accelerators have valuable networks that help businesspeople implement new ideas and grow quickly in return for shares in the start-up. Hamburg has a whole range of such accelerator programmes – from media and music to aviation. The latest programmes include the Next Logistics Accelerator and Next Commerce Accelerator that launched earlier this year.
Next Commerce Accelerator
The Hamburger Sparkasse (Haspa) and HSH Nordbank launched the first batch of the Next Commerce Accelerator on July 1, 2017 for start-ups all over Europe. The idea is to bring experts and firms together and to drive innovation in electronic trade. The city of Hamburg is also a partner to NCA. Apart from EUR 50,000 in equity capital and access to potential clients and business partners, NCA offers training and coaching programmes as well as office space in return for a 3 to 5 per cent share of the companies.
Next Logistics Accelerator
In May, the Hamburger Sparkasse (Haspa) and the Logistik-Initiative Hamburg launched the Next Logistics Accelerator to boost start-ups in the logistics sector and offering up to EUR 50,000 in equity in return for a 3 to 10 per cent share of the company. The Next Logistics Accelerator offers capital and a six-month accelerator programme as well as access to Hamburg’s extensive logistics network. The first batch is scheduled to start in January 2018 with two annual classes involving five logistic start-ups in Hamburg. Around 12,000 companies in the Hamburg Metropolitan Region offer multiple opportunities for testing products and services on the market.
next media accelerator
Meanwhile, the next media accelerator (nma) by the nextMedia.Hamburg has launched an expanded programme. Now, up to ten international media start-ups can take part in the programme with higher financial resources and a broader investor community. Start-ups can apply twice annually for the six-month programme with mentoring by experienced founders and leading media executives as well as office space in betahaus Hamburg. Initiated by Deutsche Presse-Agentur (dpa), Gruner + Jahr and the Zeit weekly, the start-ups receive up to EUR 50,000 in return for a maximum 10 per cent share of the company. Start-ups from Sweden, Iceland and the United States are taking part in the latest batch.
Music WorX Accelerator
The Hamburg Ministry of Culture and Hamburg Kreativ Gesellschaft launched the Music WorX Accelerator to give start-ups comprehensive professional support and help develop their innovative business models. During the three-month programme, the fledgling companies receive funding and expert support with their business ideas. This year’s programme is being held from September 4-November 23.
comdirect Start-up Garage
The Start-up Garage by comdirect bank targets fintech start-ups. Entrepreneurs and start-ups are invited to pitch their ideas. If successful, the ideas are developed into working prototypes during the programme. Those behind the programme evaluate the idea in terms of its possible impact and success in the industry. If the idea wins them over, the entrepreneur and start-up can benefit from close support and turn their inspiration into reality!
Social Impact Lab
The Social Impact Lab offers scholarship holders free coaching and consulting and plenty of support with setting up social businesses. However, only those who have not officially launched a start-up are eligible to apply.
Airbus BizLab Accelerator
Potential highfliers in aviation can turn to the Airbus BizLab – a six-month global aerospace accelerator. There, start-ups in the early phase of business and Airbus insiders speed up the transformation of innovative ideas into valuable businesses. Close collaboration with start-ups allows smaller organizations to better understand needs and ways of working with large groups. The programme is offered in Toulouse, Hamburg and Bangalore, India creating a global network of business accelerators. pb
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