- Global accelerator Startupbootcamp Announces Its First program in China
- Startupbootcamp has partnered with Chinese Incubator, Thinkzone, to bring it’s proven industry-focused accelerator program to the Chinese market
London, December 7 2016 – Startupbootcamp – a global network of industry-focused accelerator programs – today announced their expansion to the Chinese market with the launch of the accelerator’s first China-based program.
Focusing on scaling the country’s digital health entrepreneurs, the program marks a unique joint partnership between Startupbootcamp and Thinkzone – China’s first state-ranked private incubator accommodating over 500 enterprises in mobile internet, software R&D, and digital media.
Part of a series of planned Startupbootcamp programs in China over the next few years, the first program focused on Digital Health will be based in Chengdu – the capital of Southwestern China. Chengdu is chosen for its support for entrepreneurial initiatives from the city’s local government and healthcare industry. The region is also known for having some of the best hospitals and medical research institutions in China.
Commenting on the expansion, Carsten Kølbek Co-founder of Startupbootcamp, said:
“Chengdu’s leap in technological development makes the city the perfect gateway into other Chinese regions. The opportunities for digital health in China are vast, not only in the Sichuan region but within the entire country. The big demand for better health services by the fast growing middle-class and the liberation of the private insurance market requires new and scalable solutions fast.”
“Startupbootcamp’s proven model for igniting entrepreneurial ecosystems will help attract world-class talent to Chengdu and cultivate our growing community of local innovators by providing them with the resources they need to succeed,” said Chao Wang, Director of Thinkzone’s partnership with Startupbootcamp.
Opening for applications today, Startupbootcamp’s Digital Health program will select high-potential startups from China and neighboring countries that are working to improve access to quality healthcare in the areas such as digital medical devices, diagnostics, genomics, wearable devices, and remote health monitoring.
The 10 selected startups will receive RMB 100K (Euro 13K) in seed funding, free office space, mentoring from 100+ industry specialist, introductions to local partners and investors as well as access to Startupbootcamp’s large international network in more than 30 countries.
During the 3-month program period, the selected companies will be supported through every stage of their business growth – from market fit and product development to sales – through tailored and hands-on sessions.
Startupbootcamp’s overall China expansion will be led by Steven Tong, who has been the Managing Director for Startupbootcamp’s Singapore program since 2015. Steven will be joined by Christina Pamela Christiansen who’ll lead the Digital Health program as the Program Director and Feng Jingyue as the Chief Operations Officer. The trio have decades of experience working both within entrepreneurship and corporate world, and will embark on a 3-month Asia-wide FastTrack tour to scout for suitable startups.
“We are interested in startups that have shown traction or startups that have launched a serious prototype. In our digital health programs in Berlin and Miami, we have received 300-500 applications for each program. We expect the number to be even higher in China, so the competition is going to be fierce,’ added Christina.
Startupbootcamp Digital Health Chengdu applications are open until 20th March 2017 and the program will begin May 2017.
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For further information and interview requests, please contact:
- China: Feng Jingyue E: email@example.com
- International: Sam Ahmed E: firstname.lastname@example.org
Founded in 2010, Startupbootcamp is a global startup accelerator with 15 programs in Amsterdam, Barcelona, Berlin, Rome, Istanbul, London, Singapore, Mumbai, Miami and New York, and a mentor and alumni network in more than 30 countries. More than 350 startups have been accelerated by Startupbootcamp of which 80% are still active. For more information visit: www.startupbootcamp.org or www.startupbootcamp.cn
Think Zone (Tianfu Xingu) is Thinkzone, located in the central area of Tianfu new city in Chengdu Hi-Tech Zone, started to be built in 1994. In 2005, it was rated to be the national technology and business service center, becoming the first state-ranked private incubator of the whole country. Thinkzone has an incubating area and service facilities of 370,000 m2, accommodating over 500 enterprises, covering software R&D, digital media, electronic information, new material and etc. Besides quality services for companies under incubation, Thinkzone sets up VC departments, attracts financial institutions and jointly initiates China’s first angel fund.