Hamburg News: Trade and Finance. High-class shopping area in the city centre shown.
Das Management-Team des Next Commerce Accelerator: v.l. Christoph Schepan (COO), Ira Tittler (Program Manager), Alexander Fromm (CEO) und Paula Stolley (Business Development) © Next Commerce Accelerator

Tchibo, Beiersdorf, Darboven among investors in "Next Commerce Accelerator"

New organisation to boost innovations in electronic trade

Tchibo GmbH, Beiersdorf AG, J.J. Darboven Holding AG & Co. KG, EDEKA Handelsgesellschaft Nord mbH, HHLA, novomind AG, and Junge bakery are the latest investors in Next Commerce Accelerator set up earlier in 2017. Initiated by Hamburger Sparkasse (Haspa), HSH Nordbank and the City of Hamburg, another large unnamed firm counts among the investors.

New accelerator for Hamburg

Numerous accelerators already back Hamburg’s start-ups. The latest, NCA, specialises in e-commerce and brings established firms, experts and start-ups together to come up with innovations in electronic trade. Managed by Alexander Fromm, CEO, and Christoph Schepan, COO, the accelerator helps start-ups and teams from all over Europe and elsewhere develop digital, innovative e-commerce business models. It offers up to EUR 50,000 in equity capital and access to potential clients and business partners as well as offices in return for a 3 to 10 per cent-share of the start-up. A team of four based in Hamburg manages NCA.

Support for start-ups

Fromm remarked: “We are delighted by the diverse range of investors and trade companies right up to an e-commerce agency. All the investors share openness and a willingness to experiment with the start-ups in a targeted manner and using short communication paths.” Schepan added: “Cosmopolitanism in Hamburg with a strong mentor’s network and famous entrepreneurship means NCA is solid in terms of investors. Thus there is nothing to prevent our fresh teams from implementing their innovative business ideas.”

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