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Hamburg gets logistics accelerator

Haspa and Logistik-Initiative launch Next Logistics Accelerator - third biggest accelerator after Next Media and Next Commerce

The Hamburger Sparkasse (Haspa) and the Logistik-Initiative Hamburg have launched the Next Logistics Accelerator (NLA) 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, a press release said Monday.

Commenting on the development, Frank Horch, Senator for Economics, noted: “Apart from the successful work by the Next Media Accelerator which is launching its second fund this summer for up to 100 media start-ups by 2021, and the Next Commerce Accelerator that is due to open its doors in the second half of 2017, the Next Logistics Accelerator complements perfectly the entire value chain from customer to product. This is happening in relation to national and international start-ups in our liveable city – a true ‘Gate to the World’.”

Extensive logistics network in Hamburg

The Next Logistics Accelerator offers capital and a six-month accelerator programme as well as access to Hamburg’s extensive logistics network. Around 12,000 companies in the Hamburg Metropolitan Region offer multiple opportunities for testing products and services on the market. The members of Haspa and the Logistik-Initiative Hamburg include over 2,000 clients and companies in the logistics sector who take an interest in start-ups’ products and services.

Prof. Dr. Peer Witten, Chair of the Logistik-Initiative Hamburg, noted: “Most logistics companies are open to change, but often do not have the resources and in some cases the competence to effect change themselves. The innovative power of start-ups is thus most interesting and worthy of support. The Next Logistics Accelerator and the digtial ‘Logistics Hub’ will offer an excellent ecosystem in Hamburg.”

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Managers of the accelerator programme and experts in large, specialised companies will advise teams of founders. The NLA is being funded by ten, select logistics’ investors who offer start-ups access to the ideal “Easy Testing Environment”. There, they can test products swiftly and quickly and receive feedback. Start-ups can probably apply for the programme from October 2017. The first batch is set to launch in January 2018. Then two classes with five start-ups each will be held every year in Hamburg.

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