Fudan iLab

Market-entry plan for the Chinese market from experienced professionals.

Fudan iLab

​Fudan iLab program offers Finnish companies a market-entry plan for the Chinese market. The plan is done by business professionals who know the local market and are simultaneously completing their MBA degree at Fudan School of Management.

About program

Fudan iLab program is done in cooperation with Fudan School of Management. The 1905 founded Fudan University in Shanghai is one of the oldest and most prestigious universities in China.

During the intensive six month work period (January-June), a Fudan MBA team can work on the following areas:

  • Market analysis and analysis for market entrance
  • Feasibility analysis for business operations
  • Product analysis and a development strategy
  • Business plan (focus points, networking, marketing, distribution and financing plan etc.)

The scope and other details of the project are decided together with your company before starting the project. Fudan iLab Program process is supervised and coordinated by staff from the Fudan School of Management.

Funding for Fudan iLab Program

  1. Primarily Tempo funding (startup and SME companies) as de minimis subsidies. Including own salaries, personnel side costs, outsourced services and general expenses
  2. Funding for young innovative companies. This financing option is intended for companies that have been granted Tekes' funding for young innovative companies. Expenses related to participation to Market Access Programs will be incorporated into the projects' costs (Phase I and II funding)

Fudan iLab Program requirements

  • Business operations based on an innovative product concept
  • Independent company or a unit of a larger corporation
  • Sufficient technological expertise
  • Concept that provides a sustainable competitive edge
  • Paying clientele
  • Sufficient funding and/or positive cash flow for the following 1 to 2 years
  • Website in English

Apply to Fudan iLab at the latest on 25th October

  • At the latest on 25th October 2019: Finnish companies submit applications to Business Finland
  • November: Company interviews will be organised. Representatives from Fudan University and Business Finland will interview applicant companies
  • End of November: Project decided and announced to Fudan
  • December: MBA-student/faculty selection and assignment to teams
  • January: Fudan-Business Finland iLab kick-off meetings (by videoconference)
  • February: Preliminary research
  • March-June: Conduct and completion of the Fudan-Business Finland iLab projects
  • March: Proposal meeting and submission of the project proposal signed off by companies (by videoconference)
  • May: Mid-term evaluation with companies in Finland (Fudan MBA teams visit Finland)
  • July: Final report submission and presentation to companies in Shanghai (Partner companies come to Shanghai)

Contact Business Finland advisor before applying to the program.

Finnish companies in Fudan iLab Program

Freeport Cobalt Oy, Harvia Oy, Domretor Oy, Kalaneuvos Oy, Parkkisähkö Oy

Yousician Oy, Verman Oy, Freeport Cobalt Oy, Kuudes Oy, Beneq Oy

Yanisan Air Oy, Magisso Oy, Prosys OPC Oy, Vepe Oy

Avaintec Oy, Optofidelity Oy, Ekolet Oy, Virranta-yhtiöt

Valio Oy, M-Brain Oy, Premix Oy, Modern Diagnostics Oy

Lumene, Vallilla Interior, BioGTS, Visual Components, Serres

Cesim, Confidex, Sintrol, StereoScape, Planray