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—In China (Bootcamp)
After the applicants are ready for international expansion, our partner, Jiangsu Industrial Technology Research Institute (JITRI), will sponsor them set off on a 2-4-week immersion bootcamp in Jiangsu, China. This practical program is to encourage companies that seriously seeking to land in China.
» Jiangsu Curriculum
- Interact with various partners in Jiangsu including companies, JITRI institutes, JEICs local government, and investors
- Develop a feasible China business plan that will realizing the goal of landing in Jiangsu
» JITRI will provide
- Facilities for the bootcamp, primarily office space, at the new JITRI HQ or in existing space in Suzhou
- Personnel in Jiangsu will source:
- Jiangsu companies, partners, local governments, and advisors that will support development of a China business plan and realization of landing
- Housing and Transportation
- Partnering conference to bring in various potential strategic partners at the beginning and end of the bootcamp
- Sponsorship development to bring in JEICs, local governments, tech parks, and other organizations to sponsor the costs of the companies
» Program goal
The milestone-driven program requests the participating companies meet all required milestone, including
- China business plan
- Marketing study
- Customer validation
- Reasonable financial modeling of the business.
Companies who do not meet the milestones by the end of the bootcamp will be responsible for the full cost of the program.
» Sample four-week and two-week curriculums
4-WEEK
- Week 1 (Immersion + Milestone Goal)
- Welcome event to bring together companies with JITRI institutes, partners, local governments
- Culture, language history, business, and investment customs education
- Weekend exploration days (organized and unorganized)
- Development of Milestone Goal (light)
- Continue normal business operations and activity
- Week 2 (Exploration, Partnership + Milestone Development)
- Site visits throughout Jiangsu’s major cities and tech parks, meeting local government and companies
- Visiting local accelerators and incubators
- Identifying potential partner companies (pre-selected and screened)
- Development of Milestone Goal (medium)
- Continue normal business operations and activity
- Week 3 (Milestone Development + Completion)
- Focus on Milestone Goal Development
- Sector market report in China
- Business plan for China
- Pitch Deck
- Financial modeling
- Customer validation
- Bring in an expert in the area from JITRI personnel and others to assist companies with their milestone development
- Continue normal business operations and activity
- Week 4 (Finalizing Milestone and Partner presentations and evaluations)
- Presenting final plans to JITRI, various potential partners identified in week 2 and have stayed in touch with
- Continue normal business operations and activity
- Sign MOU (a sample MOU will be provided to the company and partners before bootcamp so it can be readily signed)
2-WEEK
A shorter 2-week curriculum that will be much more intensive with a more compact schedule
- Week 1 (Immersion Education, Site Visits, and Milestone Development)
- Welcome event to bring together companies with JITRI institutes, partners, local governments
- Culture, language history, business, and investment customs education
- Weekend exploration days (organized and unorganized)
- Site visits throughout Jiangsu’s major cities and tech parks, meeting local government and companies
- Milestone goal development
- Sector market report in China
- Business plan for China
- Pitch Deck
- Financial modeling
- Customer validation
- Week 2 (Finalizing Milestone and Partner presentations and evaluations)
- Finalizing Milestone Goal Development
- Bring in expert in the area from JITRI personnel and others to assist companies with their milestone development
- Continue normal business operations and activity
- Presenting final plans to JITRI, various potential partners identified in week 2 and have stayed in touch with
- Continue normal business operations and activity
- Sign MOU (a sample MOU will be provided to the company before the bootcamp so it can be readily signed)