Review on Chinaccelerator by Douglas Cachazo
Chinaccelerator: Pioneer Asian accelerator company
This company dedicated to accelerate the start-up of ventures that are taken in growth stage but not seed stage, has been founded 10 years ago and is part of a corporation of accelerators led by the financial giant SOSV, a company considered one of the largest in the world in terms of venture capital funds that invests in emerging entrepreneurial companies globally.
Headquartered in Shanghai, with a large number of Chinese and international mentors, support networks with partner companies and financiers, a powerful investment fund, its mission is to accelerate and launch Asian entrepreneurial projects, preferably from China, and project them to the world.
The acceleration program can be summarized in 3 stages, acceleration, fundraising and marketing, with a duration of 6 months, 3 for acceleration and the rest to raise funds and implement a global marketing campaign, generally the company founded becomes a partner of Chinaccelerator becoming part of associated companies and projecting from China to the world. If the venture is outside of China, it must be based in the country and they will have free help for it.
Pros
- Pioneer and leading Asian accelerator company.
- Like other accelerators, it has the powerful financial backing of SOSV.
- Boosts companies by projecting them from China to the world.
- More than 10 years of successful processes in the area of entrepreneurship foundation.
Cons
- No entry into the program for ventures outside of China.
