Frequently Asked Questions

Business incubators are institutions that support and accelerate the successful development of new companies through an array of business support resources and services. This support is provided both by the incubator management and network of partners and advisors. Incubators vary in the way they deliver their services, in their organizational structure, and in the types of clients they serve. Successful completion of a business incubation program increases the likelihood that a start-up company will stay in business for the long term.

An angel or Seed Capital Investor provides initial capital for a business start-up, usually in exchange for ownership equity. Besides capital the start-up receives support like mentorship, contacts and advice to transform the idea or prototype into a real business and prepare the company for further investment rounds if required.

As a Virtual Incubator we concentrate our efforts and resources in supporting entrepreneurs in areas not available or not easily available on the market. This means you will not have office space and other general services like accounting or legal advice as you could have in a traditional incubator. However, you will receive, besides seed capital, (and of course free of charge) support in strategy, marketing, sales or fundraising to transform your idea into a real and successful company. Additionally, we will offer you some experience-based informal legal and accounting advice, but it´s the startup and business mentoring what really makes the difference.

Yes, of course. That is an important part of our selection process, and we love meeting energetic and passionate people. Nevertheless, in order to handle every project proposal timely we have to stick to the process. For this reason at the initial evaluation stage, we do not conduct personal interviews, but if you are selected for the subsequent phases we would be happy to meet you and your team. Should you want to include more materials in the evaluation or have any question, please feel free to contact us at shanghai@dad-asia.com or post them directly in Angelsoft where you could even record a video explanation.

The Due Diligence can be as fast as one week, but it would depend mainly on how fast you can prepare all the requested information. We will send you a very simple and clear Due Diligence package with an explanation and a file structure that will guide you during the process.

At the beginning stages we will contact you by email. Should you want to include more materials in the evaluation or have any futher question, please feel free to contact us at shanghai@dad-asia.com.

No matter we accept or reject your project, we will notify you our decision by email as soon as we finished the evaluation of your project.

Usually, it takes one month to make an evaluation of the projects.

Yes, of course. Chinese is the most spoken language in China and we work on this language, however part of our investment committee can not read Chinese and your proposal will be translated, so we encourage you to send it in English to have the opportunity to communicate your idea and plan with your own words.

Our screening process has different stages. For the first one, we will need you to send as a one page summary of the project including some basic information about the product, business model, marketing plan, team… If you do not have one we can provide you a template, or you can directly post it in Angelsoft. If you are selected, for the next stages we would ask you for more comprehensive information, an a complete business plan.

Yes, we accept applications from anywhere in China.

We believe the entrepreneurs should feel owners of the project and we do not expect them to give us a majority shareholding. We feel comfortable with a shareholding around 5-20% depending on the stage of development and our investment in the project.

We usually invest from RMB500,000 to 2,000,000 in each project.

We are very early stage investors (pre-seed and seed) and we invest in projects from business plan stage to others that are already getting their initial revenues.

We are focus only in Internet related projects, such us:

  • Web Services
  • E-Commerce
  • SNS (Social Network Services)
  • Mobile
  • Software as a Service
  • Media and Entertainment
  • Gaming