NEWENT: accelerator program for FutureNext

– ecosystem for social innovation and data-driven entrepreneurship –

Under the motto: together, we are stronger, Weconomics offers its partners a new entrepreneurship (NEWENT) accelerator program. Weconomics aims to encourage new entrepreneurship and accelerate ideas, projects, talents, and startups without the necessary administrative, legal, tax, marketing, financing, or technology burden for the entrepreneur. In the first few years, startups can mainly concentrate on project development.

Involve people into a movement instead of selling a solution

Weconomics is a commonality that support talents, professionals, projects, and startups as much as possible with, for example, branding, story-telling, marketing, sales, communication, public relations; lab facilities, funding, grants, accounting, financial statements, payroll administration, tax returns, technology, IT support, operations (planning, confirmations, follow up), a shared data infrastructure (WECONET) with a Personal Data Service for example; new business/operating models (NOMAD) and transformation program (APOLLO) including the Weconomics academy and working-learning programs such as Data-driven Organizing (WCP) and Future-driven leadership (FDL).
NEWENT wants to strengthen a part (a project) within the context of the whole, accelerating and strengthening the whole (Weconomics). These two goals are complementary. This means that when we improve an entrepreneur’s business, the whole ecosystem should improve also. This systemic thinking is the basis of our accelerator program.

Our focus and connection with projects/startups
Weconomics is driven by social innovation and focuses on data-driven organizing with ecosystems and the blockchain based digital assembly line. Our focus:

• Driven by social innovation, empowered by technology.
• Organize ‘FutureNext’ with ‘Idealized Design’: durable, data-driven and decentral.
• Because this requires a different business- and operating model, we want to support entrepreneurs in a different way. We belief that the old (Anglo-American accelerator model) does not work sufficiently for society (idea -> financing -> development -> exit venture capitalist), where nine out of ten entrepreneurs can fail if only one successful startups makes millions.
• Instead, we provide a kind of umbrella and together with the entrepreneur, we create the conditions that makes the idea, the project, the startup and the whole great and successful.
• Startups don’t have to develop a data-infrastructure on their own, they can use the Weconomics login-, contact-, value- and transaction data service.
• At the core of our approach we have learning programs, experience labs, projects and network partners such as LCB, Twice, co-operations and HRcommunity.

Develop your idea or project with NEWENT
You can temporarily accommodate your idea, project or startup in the NEWENT accelerator program. The first transaction, the insertion of the project, we call the inbound transaction, the second, disconnecting it again, the outbound transaction. The entrepreneur has always the first choice. Outbound means, project:

1. goes back to entrepreneur and separate from Weconomics
2. stays within Weconomics
3. a combination of these two

A project can also be forked or merged with other projects or organizations, or taken over by a third party. Agreements are made in advance about the outbound transaction.

Benefits
Some of the benefits of the accelerator program are:

• all the benefits of our membership
• discounts on Academy solutions
• part of a large and active network together with our network partners
• over hundred partners, projects and startups to work with
• sharing costs for overhead (staff, housing, lab, service token)
• together we create the circumstances that thrives your idea, project, or startup
• your idea, project or startup is easier to finance
• you can find and bind talents through learning-working programs
• you use a common data infrastructure (eg: personal data service)

tags: startup