Native Soul Pictures creates a Film Investment Fund to help Indie Filmmakers. Using the fund’s liquidity as collateral, NSP will line up Talent, Distribution, and Broker Tax incentives.
CEO Clyde C Harris
added to Newchip’s
Original Content Production Company among top applicants selected for Newchip's
exclusive accelerator Nashville,TN Feb 4, 2020-Native Soul Pictures, producing various
genres for Television and lining up multilevel financing, was accepted into Newchip's
renowned global accelerator program.
Designed to provide all the skills and
tools seed-stage founders need to
rapidly fund, build and scale their
companies, past accelerator cohorts
averaged more than 17.5 times the
average funding amount.
The equity-free, fully digital accelerator has helped over 1,500 founders from
more than 50 countries and 250 cities raise over $450 million in funding with
an estimated portfolio of over $9 billion.
"Newchip evaluates a vast and diverse
number of seed-stage companies from around
the globe, selecting only a small percentage to
be part of our Seed Accelerator program,"
says Armando Vera Carvajal, Vice President
of Product at Newchip.
"This careful vetting process of both the business model and founder makes us an ideal
partner for venture capital investors and other key stakeholders in early-stage startup
financings who are looking for promising startups that are beginning to generate traction
Production companies like
Native Soul Pictures can scale
quickly with proper funding and
We are excited for Native Soul and believe they will be well positioned to take advantage of our fast-
expanding global ecosystem at Newchip." Launched in February 2020, Native Soul Pictures is on a
mission to Invest in independent Film and TV projects with great potential for Distribution.
Since launching, the company has been
contracted to produce 10 projects including Iron
Men of '99 and created new IP like Good Grief TV
Series and an award winning short film 'The
Perfect Love' that was selected in several Film
Festivals and Streams on DEKKOO TV.
"Being part of the Newchip Accelerator, we are looking forward to creating a Film Fund for our