Acceleration Program

Acceleration is IW’s main incubation program (6 months), aiming at assisting experienced Founders to speed-up their start-ups and hence create the next generation of successful Chinese consumer internet, mobile internet and cloud computing start-ups.

Who is it for?

Acceleration has been designed for experienced Founders, with clear leadership skills and a solid industry background, relevant to their start-up product / service idea. The Founders can be first-time or serial entrepreneurs. Beyond the Founders, we expect a small, initial core product team to be in place and to be able to demonstrate a prototype of the product / service at this early stage. We also expect the team to have a clear vision on the product development roadmap, no matter how this may change in the future. The Founders also need to demonstrate that they have clearly identified and understand their high-growth potential target market and how to achieve early user acquisition in it.

What can you expect?

You can expect what will probably be six of the most important and beneficial months in your company’s history.

Incubation Services

• You and your team will be based at IW’s incubator in Beijing’s Zhongguancun area, China’s prime technology start-up ecosystem.
• In terms of recruiting assistance, you will have access to our extensive HR database of top engineers’ application pool, campus recruitment and interns’ pool, including assistance with screening and interview arrangements, which altogether will help you build an “A” team from the get-go.
• IW will provide you and your project team with company registration and general legal counsel, accounting guidance, UI/UX resources, marketing and public relations planning advice, etc.
• You will also have a unique chance to participate in a wide range of mentoring sessions conducted by distinguished guests and local or international experts in their field, in a wide range of technology / product and business-related topics.

Funding

• On top of the resources we will also be seed funding your project, with the final amount to be determined on a case-by-case basis, depending on the specific project’s budget which you will prepare and submit to us. In exchange of the incubation services and seed funding provided, IW will become a non-intrusive, minority co-founder in your company.
• Last but not least, we will work with you to prepare your start-up for the next round of institutional fundraising, as well as introduce your project and your team to IWDF and the early stage investment community in China and abroad.

IW Community

• Following “graduation” from the program, you and your project team will be part of the exclusive IW start-up community and continue to benefit from IW’s network and all the supporting activities that we have in store for you.

You can expect to experience all these services and know-how to be given to you in what is a unique start-up environment, where you will also benefit enormously from the day-to-day interaction with the other start-up teams, your fellow entrepreneurs and project team peers.

How do you apply?

At the moment, application to the Acceleration program is by invitation only. IW is currently sourcing the participant Founders and project teams through its own grassroots efforts all around China. For any enquiries or further information on the Acceleration program, please email us at  jiasu@chuangxin.com