Review on Chinaccelerator by Olugbenga Ajayi
China based accelerator for global startups
As the name sounds China accelerator is a accelerator project that aims to accelerate an existing business. It does not accept individuals or organization with idea. It has been in existence since 2011 and it is under the leadership William Bao and Oscar Ramos. It is located in Shangai, China.
It runs it accelerator programme twice in a year and the program targets startups in internet field like fintech, E-commerce, data marketing etc. Its mentorship includes provision of funds, link to market both in china and abroad.
The UI is clearly designed with good graphics that makes view and navigation easy and clear. Also the application process is not difficult. Although only startup with convincing products will succeed through the interview stage.
As an African, i it is my belief that an accelerator project like this is worthwhile. It will do a lot in reducing the ever growing unemployment and help curb social vices in the world.
Pros
- China accelerator has been in business for a decade now and is the 2nd world mosr active angel and seed investor in thr world.
- It provides a cross border service that opens the china based startups to the global market while bringing startups from across the globe to china market
- It provides startups with both mentoring and resources to grow
- Itbuses data driven approach to facilitate faster development of atartups
Cons
- Though china accelerator is opened to global startups, it is rather common in china and other Asian countries
