[OPPORTUNITY] UK-China Tech Accelerator: MedTech Cohort
The UK-China Tech Accelerator is a tailored programme for UK-based tech firms to explore the China opportunity and pitch online to Chinese clients, partners and investors.
The programme will also prepare participants for doing business in China, through a series of market briefings and sector insights. We are now recruiting 5 companies to join our Medtech accelerator pitching event, and are particularly interested to hear from companies working in digital health, diagnostics, drug discovery, surgical robotics, IoT, healthcare analytics, genomics, biotechnology and medical devices.
Each company will have the opportunity to:
- Participate in the UK-China Innovation Campaign: 2020 Tech Online Roadshow
- Engage with virtual room of senior Chinese tech executives/investors
- Join a series of pre-event briefings on doing business in China
- Engage directly with expert China advisers
- Gain access to tailored sector/market information
- Gain unique insights into doing business in China
- Have corporate materials translated into Mandarin
Recent Chinese panellists included Sequoia Capital, Tencent (Strategic Investments), Shenzhen Venture Capital Group, Ping An Innovation Centre, Oriental Fortune Capital, Infotech Ventures, Green Pine Capital, Lenovo Capital, WeBank, TuSPark Holdings and SenseTime AI Fund
The China Opportunity
China is the fastest growing and most dynamic global market for emerging digital technologies. With 854 million internet users, a vibrant consumer economy, and a supportive policy regime, the Chinese market offers significant opportunities for UK-based tech innovators.
China’s total healthcare market was worth an estimated $1.1 trillion in 2019. The sector is increasingly driven by advanced innovation, with the digital health, biotech and advanced medical devices segments all seeing double-digital growth, trends only accelerated by the Covid-19 pandemic. For its part, the UK remains a world-leader across many medical technology fields, creating many opportunities for closer UK-China R&D collaboration, knowledge transfer, trade and investment.
The UK-China Tech Accelerator is a opportunity for UK-based medtech start-ups and scale-ups to upgrade their China market knowledge and forge direct contacts with China-based medtech investors and commercial partners.
We are seeking applications for UK-headquartered medtech companies. We are particularly interested to hear from applicants in the following areas:
- Diagnostics
- Healthcare AI
- IoT (incl. wearables)
- Big data/analytics
- Medical devices
- VR solutions
- Genomics
- Biotech
- Medical robotics
- Digital health / telemedicine
Companies at all stages of commercialization are welcome to apply for the programme. However, preference will be given to companies with past China/international experience, registered IP and commercial revenues. Only companies with a registered UK company are eligible to apply for the accelerator.
The deadline for application is 30th November. The final pitching event will take place on Tuesday 15th December. There is no charge to take part in the accelerator programme.