Quividi has been chosen by the government-run trade promotion agency Business France and investment bank Bpifrance to participate in #ImpactChina 2018, an ‘Acceleration program’.
The program was designed to accelerate the most promising “China ready” startups of FrenchTech: each laureate is offered personalised program, tools and local resources to develop business and set up operations locally in order to save them two years in their strategy. A Franco-Chinese jury composed of entrepreneurs and investors select the laureates, we quote “based on the innovative nature of their product or service, their suitability with the expectations of the Chinese market, the robustness of their business model and the degree of involvement of the teams in the project.”
Impact China already proved itself its first edition in 2017:
- the laureates have been setup with than 250 personalized executive meetings over the course of the program
- All have raised or are raising capital to finance their growth in China. Apix Analytics raised 8MEUR and opened a Beijing office
- Four of the first five have signed important commercial contracts during the program and are now operating in China
- 100% participants recommend the program
Fellow French startups Sigfox, Exagan, Carfit, Platform.sh will also participate.