INVESTMENT

$150,000 Investment

Our fund SOSV takes 6% common equity for the accelerator program through a Stock Purchase Agreement (SPA). At the same time but separately we invest through a convertible instrument called an Accelerator Contract for Equity (ACE) similar to a SAFE. Of this US$100,000, US$45,000 is attributed to the cost of the program and the remaining US$55,000 is cash investment. Most companies will qualify for an additional US $50,000 from Chinaccelerator’s syndicate partner.

*Companies domiciled in the People’s Republic of China may not be eligible for cash investment from Chinaccelerator’s syndicate partner.

SPACE

We provide free co-working space during the 6-month program at People Squared near Jing’an Temple, the heart of Shanghai. People Squared is one of China’s first and largest co-working space. People Squared has spaces in Shanghai, Beijing, and other cities.

PROGRAM

3+3 Months program

The program is divided into 3-month growth phase and 3-month fundraising phase based on the different focuses.

During the growth phase, Chinaccelerator sets up OKRs with startups and have weekly check-ins to discuss company strategy, experiments, and growth tactics. On daily basis, startups interact with mentors, Expert In Residence and Chinaccelerator team. We host Demo Day with 150+ investors before we enter the fundraising phase, when Chinaccelerator actively works with startups on investments from outside investors.

PERKS

Every startup, past and present, has access to perks valued at $2,160,000. This access is provided through the Global Accelerator Network, SOSV Community, or directly negotiated by the Chinaccelerator team. We also organize weekly workshops.

MENTORSHIP

1-1 support from 300 + mentors

With over 300 mentors across China, South East Asia, the US, and Europe, our network has a global reach.comprised of industry leaders, entrepreneurs, serial entrepreneurs, and senior corporate heads..During and after the program, our mentors provide valuable insights for startups, ultimately saving them time and money. Chinaccelerator also has 8 Experts-in-Residence (EIRs) that provide deep expertise in key fields: growth hacking, product, team management, strategic positioning, branding, financial modeling, accounting, and fundraising.

COMMUNITY

Backed by the most active early-stage investor SOSV, Chinaccelerator has built a strong global startup community. We make it possible for early-stage startups and founders to get the best benefits from a robust, supportive, and worldwide alumni network.

Program Timeline

Applications due June 30th, 2022 (GMT +8)