Twice a year, we handpick a small number of promising startups to join the program in exchange for an investment of US$70,000 — program costs of US$40,000 and cash investment of US$30,000 – provided through a capped ACE and 6% common equity (the type of shares that only entrepreneurs have, not the preferred shares normally taken by investors) provided through an SPA.
3+3 months program
The first 3 months are residential and culminate in demo day. Startups are required to relocate to Shanghai. The second 3 months are flexible. Companies can choose to stay at our office where we will continue to provide fundraising support and next steps.
During the program, we spend $40,000 on every team to organize key activities such as Geeks On a Train, 8×8 speaker series and an invitation only demo day for investors.
1:1 support from 250+ mentors
Startups get 1:1 support from our fantastic mentor network (250+ serial entrepreneurs). In addition, they get to leverage the many years of expertise from our 6 Experts in Residence, in areas such as financial modeling, PR / Communications, branding, growth hacking. Last but not least, startups can collaborate with our vast network of corporate partners through Chinaccelerator’s corporate innovation program.
We provide free co-working space up to 6 months at People Squared near Jing’an Temple, the heart of Shanghai. People Squared is China’s largest co-working space.
Every startup, past and present, has access to perks valued close to $500,000. This access provided through the Global Accelerator Network, SOSV Community or directly negotiated by the Chinaccelerator team. We also organize weekly workshops.
On-boarding: get ready to rock from Day 1
GOAT & adjust product and market fit through rapid iteration
User acquisition through AB testing across multiple channels
Build traction and prepare for demo day and fundraising
Continuous support on fundraising and access to an alumni network of 500 startups worldwide