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.
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.
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.
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, new materials, Internet of Things (IoT) and semiconductor*. 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.
To apply, please send your application to firstname.lastname@example.org with an outline of your business plan. We will then get back to you with an appointment for a meeting with one of our Advisors. The Crayfish Accelerator’s Terms and Conditions will be provided for your agreement prior to the application being processed.
Get the latest news about Crayfish.io, our upcoming China events relates to China businesses, and also entertaining cultural blogs, all straight to your inbox!