Deadline for venture leaders China on the horizon

In 2015, Thomas Fessard, CEO of SpiroChem, a startup developing tailor-made molecules to help pharmaceutical companies design the drugs of tomorrow, was part of the Venture leaders China program. In an interview with venturelab, Thomas Fessard said that he was able to understand the risks and the potential of the Chinese market for his venture; but most importantly, he was able to meet with potential Chinese partners.

In discussions with Chinese experts, Thomas learned about the various opportunities of doing business in China and also about the threats involved. “Being familiarized with the Chinese way of doing business as well as the local customs and traditions or “Guanxi” is important before entering a negotiation” comments the CEO of SpiroChem.

Most importantly, Thomas established connections with Chinese suppliers who will provide his company with raw materials for their activities. This will enable his company to strengthen its supply chain necessary and will foster manufacturing of high-value-added products and corresponding services in Switzerland.

Thomas recommends the program to all startups because it not only helps them explore business opportunities in China, but also enables them to grow as individual. Furthermore the trip opens several doors and business opportunities for startups.

For a detailed interview between Prof. Erick M. Carreira from ETH Zurich and Thomas Fessard from SpiroChem visit Venturelab Blog.

Dense program in 2016
In 2016 venture leaders China is anticipated to provide participants a memorable experience. Selected startups will:

• Get exposure and discover one of the world's most dynamic region and market
• Accelerate the integration of China in their business growth strategy
• Benefit from a unique promotion and exposure both in Switzerland and China
• Extend their network, connecting with smart minded, top entrepreneurs
• Understand the opportunities and the risks of entering the Chinese market and learn about the "Chinese way of doing business"
• Meet experts of the Chinese market, investors as well as Chinese entrepreneurs
• Proudly represent Switzerland as a leading country for innovation abroad

Registration is still open until 13 June 2016. More information on the venturelab website.

(RAN)

Image: Shanghai Skyline, freeimages