Applications for 1st Cohort are now open. Please send your application to accelerator@crayfish.io.

Crayfish Accelerator

Capital and support dedicated to helping UK businesses get ‘China-ready’

China is the world’s second largest economy and an important market for any global businesses. Even if you are a small player, it’s important to think big and have a China strategy in place. In the meantime, China can be a difficult market to crack and even more so for start-ups, which is why the Crayfish Accelerator programme is here - providing a crucial combination of money and hand-holding to you: a strategic Chinese investor to fund your market entry and all the necessary training, business expertise and service delivery capabilities to facilitate it.

What is Crayfish Accelerator Programme?

The six-month rolling programme, which is split into a three-month “China-Invest-Ready” phase and three-month fundraising period. The start-ups also have an opportunity to pitch to a hand-picked audience of Chinese investors for further investments at a special demo day organised by Crayfish.io. Read here for the press coverage of the Crayfish Accelerator Programme launch event. 

What do you get from Crayfish Accelerator Programme ?

  • Cash, up to £100,000 per company, for a small equity, plus
  • Packaged services provided by Crayfish *
  • Free advice and mentoring
  • Free regular China-themed workshop and webinars
  • Free opportunity to pitch to selected Chinese investors
  • Free introduction to relevant connections in the China-UK network
* The services will be paid out of the investment secured from the Anchor Investor in the Crayfish Accelerator Programme.

What services will be included in the package?

The Accelerator package include a range of essential services needed for the China market entry, including business plan validation, market insights, culture training, Mandarin tutoring and other tailored business support. Successful start-ups will have the opportunity to pick and mix the services to suit their needs.

Who can apply?

Successful start-ups must have a minimum viable product (MVP), be tech with IP and working within the sector focus, which is initially covering medical devices, advanced manufacturing and new materials*. You also need to have an interest in doing business with China within a medium term of 18 months.

* The sector focus reflect our current Anchor Investors. We are expanding the sectors as more investors join the programme.

How to apply?

To apply, please send your application to accelerator@crayfish.io. We will then email you the Crayfish Accelerator's Terms and Conditions for your agreement.

 

Accelerator Programme Timeline

 
 
 

Featured mentors

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Ting Zhang
CEO and Founder, Crayfish.io
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Dr. Cao Jian
Partner, UK China Enterprise Fund
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Linda Jiang
Advisor, Baidu Ventures
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Jia Qiang Wang
Angel and VC Tech Investor
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Yi Nan Zhu
Principal, My Inhouse Lawyer
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Jiao Li
Co-Founder, Crayfish.io
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David Percival
Managing Director, International Business Development at Deloitte
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Zhi Peng
Advisor, Zhongguancun Science City of Beijing

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