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All systems go at Next Logistics Accelerator

Hamburg's latest accelerator presenting investors and managers

Hamburg’s new Next Logistics Accelerator (NLA) is now ready to help start-ups from all over the world develop their business models and make contacts in the sector, a press release said Thursday (February 15,2018). Frank Horch, Senator for Economics, said: “The practical advantages are obvious to everyone. Business ideas with great market potential are being supported. They have a chance to change the sector. Apart from financial support, the accelerator gives fledgling companies access to an extensive network. They work closely with founders to turn around digital innovations as quickly as possible. That is a great added value for the Hamburg location.”

Broad support for forward-looking segments

NLA’s investors include Hamburger Sparkasse (Haspa), Logistik-Initiative Hamburg, New Times Ventures, Fiege, Fr. Meyer’s Sohn, Helm, HHLA, Jungheinrich, Körber and Rhenus. They offer up to EUR 50,000 in equity in return for a 3 to 10 per cent share of the start-up. Andreas Mansfeld, Haspa’s Chief Representative, said: “Commerce in Hamburg showed huge interest. Funds for NLA were clearly overstated. We have an attractive core group that represents the wide range of logistics.” Philipp Schröder, an international venture capital expert, who has invested in over 35 start-ups, and Miriam Kröger, have been appointed managers of NLA. Kröger gained vast experience in managing logistics, e-commerce and digitalisation at Kühne+Nagel and Otto among others. Kröger noted: “Our objective is to make NLA the most interesting accelerator in Europe’s logistic sector and to move up to the top three worldwide.”

Over 100 applications

Start-ups in the WIOTTA segment i.e. warehousing, Internet of Things, transport, mobility and artificial intelligence are eligible to apply for NLA’s six-month programme. Schröder noted: “We have created a valuable product for logistic start-ups. Word is spreading and we already have over applications for the first batch which will start shortly.”

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