Native Soul Pictures Chosen for Newchip’s Global Startup Accelerator Program
Native Soul Pictures creates a film investment fund to help independent filmmakers. Using the fund’s liquidity as collateral, NSP will align tax incentives for talent, distribution and brokers.
Original Content Production Company Among Top Candidates Selected for Newchip’s Exclusive Accelerator
Nashville, TN February 4, 2020 – Native Soul Pictures, producing diverse genres for television and lining up tiered funding, has been accepted into Newchip’s renowned global accelerator program. Designed to provide all the skills and tools early-stage founders need to rapidly fund, build and grow their businesses, previous Accelerator cohorts have averaged more than 17.5 times the average funding amount . The all-digital, equity-free accelerator has helped over 1,500 founders from over 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9 billion.
“Newchip evaluates a large and diverse number of seed-stage companies from around the world, selecting only a small percentage to be part of our Seed Accelerator program,” says Armando Vera Carvajal, Vice President of Products at Newchip. “This careful business model and founder vetting process makes us an ideal partner for venture capitalists and other key early-stage startup funding players looking for promising startups that are beginning to generate traction. and income. Production companies like Native Soul Pictures can scale quickly with proper funding and guidance. We are thrilled for Native Soul and believe they will be well positioned to take advantage of our rapidly expanding global ecosystem at Newchip.
Launched in February 2020, Native Soul Pictures is on a mission to invest in independent film and television projects with strong distribution potential. Since its launch, the company has been contracted to produce 10 projects, including Iron Men of 99, a television series about the underdog Sewanee Tigers college football team in 1899 which went on to challenge the biggest names in college football and won to save their school whose enrollment was down due to a global pandemic. Native Soul has also created new IP like the TV series Good Grief and an award-winning short film “The Perfect Love” which has been selected in several film festivals and broadcasts on Dekkoo TV.
“As a member of Newchip Accelerator, we look forward to creating a Film Fund for our production company and other smaller production companies that don’t have access to top-tier distribution or distribution,” said CEO Clyde C Harris. “Hollywood cannot track the consumption of television and film content. The fact that New Chip believes in our idea will change the lives of many filmmakers looking to bring incredible concepts to life.”
About the Native Soul Pictures Film Fund
Native Soul Pictures is an original content production company led by award-winning entrepreneur and filmmaker Clyde C Harris. He recently established a Film Fund to raise capital and invest in broadcast-quality television and film projects currently in development. Native Soul’s huge network of filmmakers, producers, financiers and distributors puts them in a unique position to leverage capital raised and potential tax incentives as collateral to secure the funding needed to complete underfunded projects. and underrepresented.
Newchip is a global online startup accelerator led by a team of world-class entrepreneurs and investors. It was designed to provide founders with the tools to fund, build, and scale quickly. Since its inception in 2019, the capital-free remote accelerator has helped over 1,500 startups from over 50 countries raise over $450 million in funding with an estimated portfolio of $9 billion. It has three distinct six-month acceleration programs based on company stage: pre-seed, seed and Series A. Its extensive network of global investors, strategic partners and mentors guides companies from incorporation from teams and prototype development to securing high-level venture capital. investments, corporate partnerships and everything in between. To learn more, visit https://launch.newchip.com/.
Name: Clyde C Harris
E-mail: Send an email
Organization: Native Soul Pictures
Address: 3201 Dickerson Pike Suite 510, Nashville, TN 37207, USA
Build ID: 89060508