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Later back in China and after building another agency for TBWA from scratch, Cyril met his Chinaccelerator partner, Sean O’Sullivan (who went IPO with Mapinfo in the 90’s).ĭalian – less distraction, lowers costs and a big talent pool
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After stints in China, he moved to Japan to work for ad agency, TBWA to work on major accounts like Nissan, Nokia, Adidas and Cartier as their marketing and technology advisor. Later on he built the first ecommerce platform for Carrefour China as well as built the online infrastructure and service center for European airline, AF-KLM. Originally from France, Cyril first came to China in 1998 to backpack. In exchange for 4-8% equity, the program offers support in the form of:ġ0,000 CNY per founder (for 3 founders at max).Įxtra budget of 10,000 CNY per company (for research, sales, marketing, product development, etc…).įree space, some extra electronics and even some food. So I interviewed Cyril Ebersweiler, one of the founders of Chinaccelerator to see how they are helping entrepreneurs in China.Ĭhinaccelerator based in Dalian in Liaoning province, is a 4 month startup accelerator, starting from June. I’m a big fan of these programs because I think it’s fundamentally important for entrepreneurs and start-ups to be surrounded with like minded people who can support and propel you. A new acceleration program called Chinaccelerator (a member of Techstars network) based in Dalian is starting to generate buzz. Following the success of incubation programs like Y-Combinator, 500 Startups and Techstars in the US, China is setting up its own batch of start-up houses.