Powerchainger aims to make a societal difference by harnessing technology for a sustainable energy system. The Groningen-based climate tech startup develops machine learning software that better matches energy supply and demand by giving consumers insight into the consumption of their appliances and letting energy suppliers more accurately predict exactly how much power is needed.
What problem were you trying to solve when you approached NOM?
We were initially looking for funding, but contacting NOM was also a real eye-opener for us in terms of everything you have to do to get funded at all as a startup. And that's really just as important, because as an early stage startup you still have to build a sustainable business.
How did the programs impact your business?
We participated in the Startup Readiness program and the Investor Readiness program. Both programs have been very valuable to us. The Startup Readiness program was a bit more intensive and gave us a lot of insight into where we are as a startup and what we still need to do. The Investor Readiness program gave us a lot of tips and tricks on becoming fundable for investors and legal conditions, but also provided us with a good network.
Can you describe your experience working with NOM?
Our collaboration has been very positive. The people we've been and still are in touch with have always been very involved and supportive. That's great at this early stage.
Would you recommend these programs to another and what would you say?
Definitely. Especially when it comes to both the programs we have participated in, I see that as an absolute must for startups in the North. And besides the tools, NOM also provides a good network.
Read what other clients thought of our services and how they look back on working with NOM.
Read all customer experiences'The investor readiness program really helped us a lot. During the process you are forced to take a critical look at things you would rather put off. Things that still seem far away, or are not yet up for discussion. But that's precisely why this is so good, because the decisions you make now will ultimately determine the future of your company.
Read the review'The program has given us numerous tools, for example that you have to ask the right questions to discover what really moves a potential customer. You have to let go of your own assumptions in order to gain valuable insights. In concrete terms: the SRP has helped us enormously in applying focus.
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