Mentorship forms another cornerstone of the capabilities of China’s incubators. Chinaccelerator incubator has more than 60 mentors, among them James Tan, founder and Managing Director of the leading Chinese venture-capital firm QuestVC.
“Powerful mentors are rare in China,” says Josh Ong, tech-industry watcher for The Next Web site. “Guidance and insight to aid a start-up in overcoming challenges are some of the most important services an incubator can provide. It helps start-ups understand the value they can bring to the ecosystem.” Having world-class mentors onboard also boosts the incubator’s prestige, helping it to build its own products and brand, Ong adds.