• Tech startups now have the potential to grow via the Shanghai-based program Chinaccelerator.

Tech startups now have the potential to grow via the Shanghai-based program Chinaccelerator. (Photo : Reuters)

Shanghai-based Chinaccelerator, a program dedicated to honing startups and helping them propel to their full potential, has recently sent off 10 graduates after a three-month period of mentoring and molding.

According to William Bao Bean, the managing director of Chinaccelerator, the current batch is composed of 50 percent female CEOs and 43 percent female founders.

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The 10 multi-national teams that graduated in the program include School Match, an application catering to one-on-one tutorial sessions for students; iCE Angel, a firm whose goal is to avoid a kind of emergency response situation wherein a victim is unable to receive assistance; Meet Boutique, which aims to promote boutique hotels in the country; GeiLi Giving, which focuses on making charitable deeds more transparent, injecting a technological twist to philanthropic campaigns; and Robin8, a data-based portal that serves as a connecting hub for bloggers and influencers.

The latest Chinaccelerator batch also includes Specifico, a firm offering help in English proficiency development in the healthcare and pharmaceutical industries; SXT Learning, an innovative corporate-training firm; The Squirrelz, a startup aimed at promoting "upcycled" items with an Alibaba-sized twist; BitNexo, a money transfer firm specifically catering to Sino-Latin American transactions; and Xiao Dian Bao, which is armed with the mission of taking the kind of personal communication e-commerce merchants have with their costumers to offline businesses.

The diverse batch of new Chinaccelrator startup graduates held a culminating-cum-demonstration activity at the newly established ShanghaiTech University.

The Chinaccelerator program has been producing quality startups ready to make a foray into the technical arena since 2009.