Almost a year after plunging into the Chinese market, Amazon Web Services (AWS) recently launched internet-focused startup accelerator DreamT Accelerator together with the Shanghai municipality Jiading district and the experienced entrepreneurial DTer team, providing one-stop services for entrepreneurs.

Under the deal, Jiading district will offer free infrastructure to incubatees, including more than 4,000 square meters of co-working space, apartments and preferential policies. AWS will support the program with its cloud services, technical services and training resources, while DTer will be responsible for day-to-day operations of the accelerator.

DreamT will focus on but not be limited to the sectors of cloud services, wearables and internet of things (IoT), consumption services and online travel, said Zhao Ye, founder of the project. A total of 29 potential incubatees pitched at the launch party. Zhao added that half of these projects have gained angel investment and 30% have received Series A financing.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.