NEWFOUND - OUR NEW PARTNER HUB

A warm welcome to our new partner hub Newfound from London, United Kingdom. We are happy to have you on board! You can find a short profile in our network section on this website.

This is what Newfound UK says about them and their partnership with us:

"Newfound are delighted to partner with 5-HT and look forward to helping more high-growth tech scaleups success in the global market. Our alignment will play an active role in stimulating growth and creating jobs worldwide.
Members of the 5-HT network can be assured that, in Newfound, they have an experienced, commercial focused and trustworthy ally, committed and eager to start helping them to realise their international expansion ambitions."

Peter Gillingwater
CEO and Founder, Newfound

Peter Gillingwater - CEO and Founder of Newfound

Peter and Tony talked about the benefits for tech startups and corporates - see more at our YouTube channel:

https://youtube.com/embed/qkzfhXgOw4c

Take a closer look at the entire video with Newfound's Peter Gillingway and Tony Kypreos:

How would you describe the Newfound UK ecosystem?

Newfound is the only tech-focused specialist in the UK providing market validation, market entry and expansion support, as well as executive search. This unique and carefully curated positioning allows us to access a vibrant ecosystem of advisors, experienced founders, VCs, investors and industry experts across a number of verticals including HealthTech, Fintech, EdTech, CleanTech, PropTech and smart cities, to name a few.

With 25+ years experience in executive search, we have built a phenomenal network of industry leaders that we access to support work across different markets both domestically and internationally.

The UK itself is also a great ecosystem for any tech startups. With a record breaking £101bn investment into UK startups last year and London being one of the top 20 European for tech investment, we are right in the community of world-class investors and top scaling tech companies.

What programs does Newfound UK offer for startups?

Newfound services and offerings are designed to support tech scaleups for a successful market entry at all stages. We do this via:

1. Market Missions
   A bespoke, virtual trade mission programme for technology companies looking to explore new markets. Every mission is curated around the needs of your high growth scaleup cohort so they can scale the smart way, thereby accelerating expansion plans, creating jobs and stimulating growth in their target market.
   
   

2. Go-No-Go Market Validation
   This market validation offers deep-dive due diligence on the target market; assessing competition, analysing local market trends and market potential. It provides the data and analysis needed to make an informed decision about whether a business should enter a new market, so you can plan ahead with confidence.
   
   

3. Go-to-Market
   Newfound works with businesses looking to expand to new markets to help them understand their goals and design a successful Go-to-Market approach that helps them to build traction fast. Our prioritised plan will address:

   • Business model fit

   • UK compliance

   • Establishing a UK presence

   • Operational requirements

   • Commercial considerations

   • Resources and support needed

   • Cost and time implications
     
     

4. Market Launch
   The Market Launch phase is all about execution on the market entry plan to ensure readiness on all fronts, including with:

   • Company setup to ensure full compliance and bank accounts ready to transact.

   • Expert advice, handling and processing of regulatory issues, both business specific and industry specific.

   • A customer focused proposition and product designed for the local market.

   • An informed pricing strategy that has been properly benchmarked.

   • A robust commercial strategy to engage prospects, partners and re-sellers.

   • Systems and processes to support sales and operations.

   • A focused and tactical PR and marketing plan.

   • HR support and people strategy.

   • A place of business to support a growing team.

   • Practical advice and coaching on fundraising.
     
     

Could you share a success story of Newfound UK?

Newfound work with tech scaleups and trade and investment organisations from all over the world, from supporting businesses coming to the UK & Europe as well as businesses going to Asia-Pacific.

We helped clients such as Box, C2FO, Timely, Slerp, CoGo and PureFacts identify market opportunities, decide on market positioning, devise go-to-market plans and successfully hire their first person on the ground.

September 2020 also saw us deliver two nationwide Market Missions programmes, one for Australia, the other UK - both were focused on fintech. We also designed and delivered a further bespoke mission focused on businesses in Western Australia looking to expand to the UK.

Across the three programmes, we connected more than 60 scaling tech businesses with industry leading advice and knowledge from over 100 expert speakers via direct, online access. The feedback has been phenomenal, and we are thrilled to see what’s next in store for these rising stars.

What benefits do you expect from a partnership between Newfound UK with 5-HT Digital Hub Chemistry & Health?

At Newfound, we consider ourselves to be an extension of every scaleup’s team. Our approach is collaborative and insights-led, leveraging best practice examples and the expertise of industry insiders and leading thinkers. The implication of which, is an open mindset driven toward results.

We look forward to extending this way of working to our partnership with 5-HT by sharing content, opportunities, access and expertise, while directly engaging with world class innovators to turn high potential into international success.

Interview making of with Peter Gillingwater, Tony Kypreos (Newfound) and Corinna Herrmann (5-HT)