Jump-Start Program
Jump-Start is IW’s structured start-up foundational program (3 months), aiming at grooming the next generation of young Chinese entrepreneurs in the consumer internet, mobile internet and cloud computing space.
Who is it for?
Jump-Start has been designed predominantly for young first-time entrepreneurs, with exceptional talent in technology and designing products but with little prior working experience, who want to accelerate their start-up process while at the same time receive a first class education in entrepreneurship. Jump-Start is a program for small teams of two to four Founders with just an initial idea to build an exciting product or service in one of the program’s focus topics. The Founders will ideally have a Master’s degree in a related subject and some (part-time or full-time) work experience as they will need to demonstrate their technology and product skills through previous related team or individual work. They will also need to show that their product or service idea can develop into a business that is addressing the need of a high-growth potential target market.
What can you expect?
You can expect what will probably be three of the most important and beneficial months in your entrepreneurial career.
Incubation Services
- You and your co-founders will be based at IW’s incubator in Beijing’s Zhongguancun area, China’s prime technology start-up ecosystem.
- You will have access to our HR database of engineer interns’ pool, which can accelerate your initial product development.
- IW will provide you with indicatively company registration, UI/UX guidance with monthly 1-on-1 product reviews, initial market research, 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.
IW Start-Up Bootcamp
- More importantly, in the Jump-Start program we have designed exclusively for you a Start-Up Bootcamp;
- We will be taking you and your co-founders through all the start-up basics, including indicatively how to build your team, how to prepare your business plan, start-up finance essentials, product development fundamentals, etc.
Funding
- For a period of three months we will strive to give you the very best start-up education and some of our incubation resources to help you get started with your project. On top of the education and 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 for all the resources provided, IW will become a small, non-intrusive, minority co-founder in your company.
IW Community
- You and your co-founders will also 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 post-graduation.
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.
Following “graduation” from the program, you will be eligible for IW’s Acceleration program; however only a very limited number of Jump-Start teams will be admitted into Acceleration after every Jump-Start batch.
How do you apply?
Any interested team of Founders can apply for the next Jump-Start program online here. For any enquiries or further information on the Jump-Start program, please email us at zhupao@chuangxin.com