Trust and Gratitude: First Cohort of Financing Accelerator Program Announced

Dear entrepreneur friends, hello. Please allow me to begin by expressing my gratitude. Thank you all for your continued support and patronage. On the journey of growth together, we cannot do without our partners.Looking forward to the day when we meet at the finish line and greet everyone!

On February 26, at 8:00 a.m., we releasedSeeking Like-Minded Individuals | [Invitation to Join the Financing Accelerator Camp], to recruit participants for our first financing acceleration camp, the article was published only2Minutes later, we obtainedFirstRegistration: This student’s entrepreneurial focus is biopharmaceuticals. (The editor can’t help but remark: We internally tested reading the entire article to grasp the basic information, which took approximately four minutes. So, dear student, did you score full marks in reading comprehension?) This came as a pleasant surprise to us.

Two hours after its publication, the article’s view count surpassed500, the number of registration inquiries reached106 people，# Enrollment Projects Surpass 20; by the registration deadline, we had received a total of 363 inquiries regarding camp participation,A total of 71 projects were ultimately registered.; Among the participants enrolled in this cohort are early-stage startup newcomers at the seed stage, seasoned entrepreneurs who have recently secured financing and joined specifically to fill knowledge gaps, as well as pioneering founders whose ventures have already reached Series B.

Students in this accelerator cohort come from10 provinces and municipalities, with the highest number inGuangdongandBeijing, with 10 students hailing from the same region (Let’s have a dinner gathering now that the pandemic is over!), covering fields includingCellular Immunotherapy, Biotechnology, Medical Consumables, AI, Online Consultation, Healthcare Informatics, Chronic Disease Management, Health Insuranceand more than ten other popular niche areas.

Lesson 0—The Hidden LessonPreparation。

The image above shows our registration form. When designing the form, out ofYesData ConfidentialityNote: We did not design the data collection for BP (Business Plan) using the form’s built-in upload feature; instead, we provided two alternative methods for applicants.

1. Send via email through BP

2. Send directly to the homeroom teacher

From the outset of designing the entire accelerator program, we considered how to most faithfully replicate aStandard Real Financing Process, and ensure that participating students have an excellent experience. Therefore, in addition to what we have preparedOnlineTrueRoadshowandFinancing ChallengeIn addition, we have incorporated subtle design details based on our extensive hands-on experience in investment and financing to enhance user experience and maximize participants’ gains.

In terms of capital alignment, regardingThe Most Common Way to Engage with Capital in the Early StagesThere are two types:One is to send project materials., writeA LetterIntroduction EmailFor investment institutions, this is the most common approach used by entrepreneurs who lack investor connections. Meanwhile, some top-tier investment firms require entrepreneurs to submit their materials exclusively through this channel, although the response rate is extremely low. The second approach applies to entrepreneurs with certain resources who can reach practitioners within investment institutions, typically via WeChat contacts, and often involvesApprovedPrivate Messagethe method ofSubmit Documents，Discussing Projects, this feedback rate will be significantly higher.

Let’s first take a look at everyone’s"Answer Sheet".

The image above is a screenshot of the BP receiving email inbox, where we can see that there are written“Draft, with the title being“XXXBP”, and some are written directly as“Financing Accelerator Camp”, from our experience, these BP submission emails may fall into the category of those in institutional mailboxesThe probability of being clicked is less than 0.1%.of that type, why?

A well-known investment firm receives dozens of project pitches via email daily, with the volume sometimes exceeding a hundred. As these firms also need to evaluate projects from other channels, they begin their screening process at this stage.ScreeningSuppose you are an investor, what kind of emails would you choose to open when faced with a pile of unread messages?

Investment, in itself, is a matter of probability., investors will do everything possible to identify and invest in projects with a high probability of success,The more excellent the institution, the greater its range of options., even projects that appear promising may be viewed with selectivity by top-tier institutions, given their abundance of options,Sequence, sometimes such an oversight brings fundraising to an abrupt end right from the start.

"We have also encountered many inquiries and communications via WeChat registration."No BP...students have also encounteredTreat the company introduction materials as a business plan (BP).classmates, have also encounteredSaid they would submit the BP later, but ended up disappearing.students who have [completed/understood]... there are too many to list individually.

The image above is one we have provided for everyone in this registration issue.Barely PassingExample: After adding our homeroom teacher, I sent a business card, introduced myself, and then sentPDF Version of the BP. The homeroom teacher both knew who he was and had obtained the project materials.

Why is it merely a passing grade? We need to clarify that the purpose of financing at the stage of submitting materials is toAttracting Investor Interest, allowing investors to review your profile and engage in follow-up communication. As clearly shown in the conversation above, it is evident thatThe entrepreneur failed to convey any information that could pique investors’ interest.. When it comes to communication via WeChat, the approach is essentially the same as sending emails; an investor reviews hundreds of projects each year, particularly early-stage ones,Humans are a critical component in investment decision-making., some outstanding entrepreneurs have done extensive preparation before approaching investors, on one hand to attract their interest, and on the other hand alsoReflectFounder'sAttitude and Information-Gathering Capability, thereby increasing the likelihood of smooth communication with investors.

After all, youIt is using your words to exchange for hundreds of millions of real money from investors.

Financing is a capability.

The fundraising process not only tests the intrinsic quality of the project itself but also serves as a trial of the entrepreneur’s capabilities and qualities.Demonstrate your information-gathering and research capabilities through thorough preparation, showcase your communication skills through written materials, highlight your expression and negotiation abilities through the nuances of dialogue, and reflect your professionalism through your business plan (BP)... Often, we tend to approach issues solely from our own perspective. However, when you shift to an investor’s viewpoint, you begin to see many things differently. This is the key insight our “Lesson Zero” aims to impart. This course is designed to help you become more professional in fundraising by addressing these practical issues and details, fostering genuine growth for all participants!

Finally, below is the list of students finally selected for this session. To those who applied but were not selected, please stay tuned for our upcoming courses. We believe our paths will cross someday! Thank you.

Selected participants will be contacted via email, phone, WeChat, and other channels. Course schedules and important notices will be provided accordingly. Throughout this Accelerator Camp, the class advisor will accompany you throughout your learning journey.

Time: March 4, 20:00-21:20

Location: WeChat Group

Content: Opening Ceremony, First Lesson, Benefits Announcement

Special Note: During the opening ceremony, we will have a session to help everyone get to know each other. From this moment on, you will become classmates learning together. We hope that you will not only gain knowledge here but also make friends with your peers; for the opening ceremony, we have invited VCBeat'sMr. Li Datao, Founder, he will share his insights with everyone. Stay tuned.