Startups can take advantage of MTS AI’s accelerator to enter China, one of the most dynamically growing markets in the world, find partners there and build a flourishing business with an effective model. The project offers founders a powerful technology track and smart money – support and expertise of mentors with work experience in leading businesses worldwide. You may already find investor and startup funding during the acceleration phase, and top-tier projects can attract finance from the MTS AI fund and its partners.
Benefits of Win China from MTS AI
The accelerator is a 12-week online program where mentors teach founders how to study clients, prepare a development strategy, recruit the best staff and build a team. The training also covers the ways of promoting a project in different markets, scaling the project and getting legal support.
The MTS AI accelerator was first launched in early 2022 and continues to help startups develop their products to reach leading markets. Win China is an opportunity for founders and teams to get ready to work in the Chinese market, make connections with the government and businesses in China, and safely relocate a project. As another valuable bonus, startups will get personal feedback and support on the product, technology, business and startup model, and engage in networking with experts from major big tech companies.
International and product expertise
- Experts from leading big tech projects in Europe and Asia
- MTS AI’s own expertise in creating high-tech products
- A team of researchers and engineers in the R&D department
Help with soft landing
- Assistance in making connections with the government and businesses in China
- Personal start track to do business in China
- Choosing the soft landing location
- Searching for grant opportunities
- Assistance in legal support of the company, IP protection, and relocation of staff to China
Mature environment for quick growth of DeepTech projects
- Vast pool of partners that provide access to accelerators in China
- Investments from $1 mln to $20 mln from partner funds in China
- Commercialization and hypothesis testing platform
- Access to Big Data via Accelerator’s partner corporations
Accelerator stages
A personal track is formulated for each project in the business accelerator depending on the stage of product and technology development, the founders’ objectives and the results secured to date. The program includes 3 stages.
Pre-launch – 2 months
This time is provided to study the Chinese market, examine the prospects of the project and start the work. Project team and founders receive recommendations on how to make their solution better and find prospective clients.
Soft Launch – 2-3 months
This stage includes participation in business events, meetings with Chinese government authorities and innovation hubs, and negotiations with partners.
Grow and Win – 2-3 months
The focus of this stage is to relocate the company, hire staff in China, ensure legal support for registration and IP, and seek financial support from the government.
Accelerator participation terms
The MTS AI Accelerator will be useful for DeepTech companies in search of promising markets that have tried to enter China on their own or are already working in China and currently looking for growth points.
Requirements for the team
- The project has the potential to grow and upscale
- The products and solutions help tackle major challenges in the society, healthcare, environment and other domains
- Employees know English to speak with experts and engage in business communication in general
- The project has staff to enter China, or the founder is ready to assemble a team for China
- The team has 2+ founders
Criteria for the product
- Proceeds from the product are 5+ million RUB each month
- Tested holistic concept in place
- Technical architecture framework in place
- Business roadmap in place
- Key product functions are operational at least in test mode
- Product value is clear and measurable
- Possibility of IP protection
Emphasis on DeepTech
- The project includes applications in the fields of AI, ML, CV, NLP, Edge computing, robotics, Blockchain, photonics, electronics, semiconductors and chips, BioTech, IoT, AR/VR/XR
- The project has a unique long-lead technology that is hard to copy
- The project has its own robust R&D and scientific background
- The project runs its own applied research or innovative engineering development efforts