Investment Promotion Season Technology Innovation Sets Sail
Investment Promotion Season Technology Innovation Sets Sail
WeStart Global Venture Capital Conference Held in Baoshan
In the new era, science and technology innovation is developing and elements of science and technology are gathering together in Baoshan District. Taking the advantage of the 2023 Pujiang Innovation Forum, the “sci-tech innovation” boat of Baoshan is sailing again. On September 10, the 2023 WeStart Global Venture Capital Conference was held in Wusong Innovation City, Baoshan. This was the first time the conference held in Baoshan. This conference will help Baoshan further cultivate its urban innovation genes, better focus on Baoshan’s sci-tech innovation development achievements in the new era and anchor its transformation and development positioning, further link global innovation resources, stimulate surging entrepreneurial vitality, help Baoshan accelerate the construction of the main position of sci-tech innovation centre, and form a “nuclear explosion point” for innovation and entrepreneurship.
The keynote forum of the 2023 WeStart Global Venture Capital Conference is positioned at the high-quality development of incubators for the first time. The forum focuses on the field of professional incubation and cultivation of small and medium-sized technology enterprises, with the theme of “Incubating New Momentum and Leapfrogging Development” to promote innovative and entrepreneurial ecology through high-quality incubation and development.
The forum invites outstanding representatives from the global and local incubation industry in Shanghai to focus on how Shanghai, as the world’s first choice for mass entrepreneurship and innovation, can leverage its advantages of internationalization, industrialization, and specialization to create a new model of high-quality incubation in the future, establish a new benchmark for mass entrepreneurship and innovation incubation, tap into cutting-edge incubation track, continue to deepen and promote international sci-tech innovation cooperation and other issues to conduct in-depth discussions, thereby promoting and strengthening breakthroughs in underlying technologies, disruptive technologies, etc., and exploring new paradigms for future industry incubation.
In order to alleviate the problem of difficult and expensive financing for small and medium-sized technology enterprises and support innovation and entrepreneurship with more flexible financing, the 2023 WeStart Global Venture Capital Conference will focus on higher-level innovative breakthrough promotions and higher-quality industrial development of Shanghai, taking the development of angel investment, venture capital, and equity investment as the requirements, eventually screen and recommend the Top 100 entrepreneurial roadshow projects to be exposed in the entrepreneurial roadshow marathon session of the Global Venture Capital Conference through multiple dimensions including “technological advancement”, “innovation”, “growth potential”, “team strength”, and “institution recommendation” and in-depth participation with more than 100 professional investment institutions in the “recommendation” mechanism, thereby encouraging more patient capital, long-term capital investment to invest early with small volume on hard technology areas, and strengthening the innovation of the overall financial services chain.
Optimize the Sci-Tech Innovation Ecosystem and Continue to Empower the Six Major Systems
Sci-tech innovation is related to the overall strategic development of China and is also an important driver of regional development. Focusing on the transformation of sci-tech achievements and overall chain of industrialization, Baoshan has accelerated the construction of six major sci-tech innovation ecosystems in terms of space ecology, new research and development, financial support, business services, sci-tech services, and digital empowerment, and created a sustainable B-link sci-tech innovation ecosystem.
Currently, Baoshan is anchoring the strategic goal of building the main position of sci-tech innovation centre in Shanghai, working hard over time, focusing on the inherent laws of achievement transfer and transformation, and actively laying out a full-region, full-process, and full-industry achievement transformation network based on “0-1-10-100” pattern. Baoshan insists on integrating factor resources and be the organizer and leader of innovative development. Baoshan is constantly focusing on the core of “achievement transformation” to organically integrate the six major systems of space ecology, new research and development, financial support, business services, sci-tech services, and digital empowerment to build the Baoshan B-link sci-tech innovation ecosystem. At the same time, based on the principle of “driving by demand, leading by market, and assisting by government”, Baoshan has implemented series of comprehensive sci-tech innovation policies, including the 30 Baoshan sci-tech innovation policies, special policies for university sci-tech parks, high-quality development policies for sci-tech enterprises, and 25 new policies for talents and other policy dividends, providing nearly RMB 300 million to support achievement transformation projects in various ways, and leveraging more than RMB 2 billion in social financing. Currently, the Baoshan version of the “Technology Innovation Ecological Jungle” has been initially constructed. Baoshan is constantly planning and promoting innovation with a global perspective, accelerating the creation of an internationally competitive, open, and innovative ecosystem.
Expand the Circle of Friends for Investment Promotion and Accelerate the Cultivation of Future Industries
In recent years, Baoshan District has closely adhered to the strategic deployment of “Northern Transformation”, accelerated the construction of the main position of the sci-tech innovation centre and the green and low-carbon transformation model area, and made every effort to create an energy-gathering environment for sci-tech innovation, the source of future industries, a test field for policy innovation, and a liveable port for innovative talents, attracting a large number of high-quality innovative and entrepreneurial projects and outstanding talents to settle down and take root in Baoshan. Today, Baoshan’s scientific and technological vitality is rapidly increasing, its economy is booming, and its city has a completely new look. It has prepared a broad stage for domestic and overseas enterprises and talents to invest in business, innovation and entrepreneurship.
At the special promotion event, Baoshan sincerely invites entrepreneurial friends and all kinds of talents to choose Baoshan, invest in Baoshan, and jointly write a new chapter for Baoshan’s sci-tech innovation. Currently, Baoshan continues to seize a new round of development opportunities and promote industrial development around leading industries including biomedicine, intelligent manufacturing, advanced materials, and new generation information technology. The development pattern of “South Headquarters and North Manufacturing” has initially emerged. In terms of urban functions, Baoshan is making every effort to create an urban form and function that matches Shanghai’s central nodes and strategic links. Nanda Smart City and Wusong Innovation City have successively launched key sectors. The development and construction of the Hutong Railway will further connect the strategic nodes between Baoshan and the Yangtze River economic belt, as well as the Yangtze River Delta.
The conference specially invited You Fengchun, President of Shanghai Weimob Group, and Qin Shuo, Vice President of Shanghai Media Group, to give keynote speeches. They used vivid entrepreneurial stories to present the entrepreneurial aspirations of entrepreneurs who worked hard and moved forward courageously in the era of technological revolution and industrial transformation.
A special exhibition area with the theme of “Innovative Baoshan” was set up at the event site, many highly interactive exhibits including brain-computer interfaces, humanoid robots, and ARVR were exhibited, allowing guests to immerse themselves in the charm of technology and further open up communication channels, broaden the circle of friends for investment promotion, and better display the business card of Baoshan’s development in the new era.
Connecting the Academic Circles of Universities and Directly Enjoying the Beneficial Policies for Enterprises
Baoshan firmly grasps the university as the origin of innovation, makes full use of the resource aggregation advantages of surrounding universities, actively takes over the knowledge spillover from universities, and lays out the construction of Pan SHU Sci-Tech Park, Baoshan-Fudan Sci-Tech Innovation Centre, Peking University Science Park, etc., forming a space system for the transformation of achievements in terms of “one bay, two poles, and five parks”. The capability of independent innovation and transformation and undertaking of sci-tech achievements have been continuously improved. Currently, 132 sci-tech achievements of universities and colleges have been transformed and settled down. Projects including the country’s first 8-inch graphene wafer, the first Antarctic scientific research unmanned boat, and the first new rocketene carbon aluminum alloy and other stuck neck projects have been completed. Many achievements won the National Science Progress Award and the winner of National Disruptive Technology Innovation Competition Award.
Adhering to the international and resource-based venture capital docking function of “seeking” capital for projects and “locating” projects for capital of WeStart Global Venture Capital Conference, the Baoshan Special Session focuses on the three major hard technology tracks of biomedicine, artificial intelligence, and advanced manufacturing, and joins hands with Shanghai University to carefully select 40 high-quality projects that demonstrate regional characteristics and innovative value for an all-weather roadshow. The event attracted a group of industry experts, investment institutions, and industrial organizations to communicate with roadshow projects and explore innovation opportunities.
At the event site, Shanghai University School of Economics, Shanghai University Alumni Office, and Shanghai University Science and Technology Innovation Education Research Institute successively display and promote their projects on stage. At the same time, the Department of Scientific Research and Management of Shanghai University joined hands with Hai Chuang Hui and China Korea Innovation Center to hold a cooperation signing ceremony on-site. They planned to jointly build a science and technology innovation cooperation platform to introduce high-quality science and technology innovation resources and inject new momentum into Baoshan’s transformation and development.
The finals of the Baoshan Innovation Entrepreneurship Competition were held simultaneously at the event site. Science and technology innovation talents from the four tracks of biomedicine, advanced materials, robotics and intelligent manufacturing, and new generation information technology competed on the same field. Industry and investment experts gathered together, attracting, selecting, and gathering talents through the competition to promote the deep integration of the talent, innovation, industrial, and financial links.
Recently, Baoshan District has launched a series of highly targeted and valuable innovation policies. At the event, the District Talent Service Center and the District Science and Technology Commission heavily promoted Baoshan’s “25 Talent New Deals”, Baoshan District University Science and Technology Park Special policies, and “First Investment Second Equity” policy to allow scientific and technological innovation enterprises and scientific and technological innovation talents to fully understand the policies, make full use of the policies, and transform the dividends of the government’s enterprise-friendly policies into the driving force for enterprise innovation and development, thus help small and medium-sized enterprises to grow rapidly.
The Baoshan special event fully leverages the brand spillover effect of the 2023 WeStart Global Venture Capital Conference to highlight Baoshan’s innovation and entrepreneurship vitality to the world, and strives to open up access to capital, industry, and talent links, benefiting more outstanding enterprises and sci-tech talents to experience the changes in Baoshan’s science and technology innovation and to participate in the construction and development of “Northern Transformation”.
In future, Baoshan will continue to gather forces from various parties, optimize the sci-tech innovation service environment, strengthen institutional and mechanism innovation, cultivate an innovation and entrepreneurship ecosystem, and promote the construction of Baoshan’s main position of sci-tech innovation center to a new level.
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