CTI Market Entry Camp China 2015 Kicks Off Now

China continues to grow at unprecedented speed, meaning that there are numerous opportunities across many industries for companies to sell products and services. The high-tech sector offers a particularly interesting opportunity given the direction of the country towards an innovation-driven economy and the corresponding funding from the government at all levels.

Taking the fast development of China in the Science and Technology sector, with increasing investments to bring the former manufacturing economy to the next step, Switzerland should seize the resulting opportunities and become more active in Asia. The Free Trade Agreement (FTA) between Switzerland and China, which entered into force in 2014, provides the country with a competitive advantage. Therefore it is the ideal moment for start-ups to evaluate their globalization strategy and look to China.

The CTI Market Entry Camp China is a joint initiative between CTI (Commission for Technology and Innovation, Federal Department of Economic Affairs, Education and Research) and swissnex China, which is open to all CTI Start-ups (both prescreening and postlabel companies) and introduce them to characteristics and networks of China’s fast growing market and innovative potential in order to prepare them for a successful market entry in China.

Since the announcement of CTI China Market Entry Camp in August 2013, swissnex China has been assisting eight teams with their business development in China. These start-ups are specialized in healthcare, ICT or system and machine industries. Some of them are directly seeking clients to deliver products and service. Some others are planning to team up with existing market players. The rest of the entrepreneurs are exploring the market opportunities, evaluating regulatory path as well as looking for fund-raising support.

CTI Start-ups can now apply for the third batch of the program. The swissnex China team is looking forward to helping you in 2015. More information about the Market Validation and Market Entry Camp can be found on the swissnex website.