New Shanghai Incubator Seeks Startups With Big Ideas For the Global Supply Chain

With plenty of support already existing for consumer-oriented startups in China – with things like Innovation Works and Chinaccelerator – a new program based in Shanghai is instead seeking to take in enterprise-focused startups. The new ChainLabs will exclusively target young teams working on B2B enterprise software and supply chain solutions.

Consisting of an incubator, accelerator program, and a final contest, ChainLabs is now seeking its first ever intake, with applications open until June 1st. It’ll begin one month later, with November 7th slated for the final demo day and competition.

This new incubator is run by Hong Kong-based company Chain Media, which also operates specialist logistics magazines and Chain.net, a “supply chain social network”. Though the program is based in Shanghai, it’s open to startups from around the world.

ChainLabs principal and Chain Media CEO Max Henry says in today’s announcement:

As the first supply chain accelerator in the world, ChainLabs will provide seed funding, a virtual workspace, mentoring program and a demo day that nurtures skills and relationships to enable entrepreneurs to build remarkable supply chain, procurement and logistics solutions.

While it won’t produce any sexy apps or anything that most of us will ever use, it’s an interesting move that broadens the startup landscape in the region.

Interested startups with big ideas for moving stuff around can apply for ChainLabs here.