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Start-ups in Guangdong can get dual supports from China, US

A new China-US co-founded incubator was established in Shenzhen recently, aiming to explore a new cooperation model of incubation by offering start-ups two rounds of financial support from both China and US.

This incubator, initiated by the Shenzhen Institute of Nanjing University and HAX, was founded in 2018 Sino-American Entrepreneurship Incubation (Shenzhen) Forum on June 28th.

HAX is a US-headquartered company which is famous for its first and largest hardware accelerator and has extensive experiences in successfully investing over 100 start-ups worldwide in the fields of robots and health-care.

The organizers introduced that the incubator aimed to explore a new model that can combine resources from both China and US, and offer effective supports to Guangdong’s start-ups. Besides, they expected the incubator could act as an exchange platform to connect local entrepreneurs and innovators to their international peers, offering inspiration and spurring creativity for both sides.

Many top experts from American participated the forum, including Steven Hoffman, the founder of the Founders Space which is a world leading global incubator and accelerator and also a top 10 incubator in Forbes, Entrepreneur and Inc. Magazines, and Kyle Stirling, an entrepreneur and data science specialist from Indiana University.

Besides, 11 start-up teams from world top universities including MIT, Cambridge University, Harvard University, Boston University and Columbia University participated the forum and had dialogue with local start-ups, most of which specializes in bio-pharmaceuticals, new energy/materials, robotics and so on.

Reported by Nan

Edited by Wing

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