Zhongguancun Innoway launches online service week


Haidian district in Beijing continues to encourage business startups and innovation while carrying out COVID-19 prevention and control work. Starting on June 15, Zhongguancun Innoway launched a weeklong series of online services, allowing entrepreneurs to take part in online courses on starting a business, consult with professionals about new policies, and connect with experts in enterprise startups.

On the afternoon of June 15, Zhongguancun Innoway held three meetings via an online working platform aimed at connecting startups in Zhongguancun with large enterprises. The next day, Li Wuao, the person in charge of Innoway’s cluster registration platform, was scheduled to host a livestreaming event for founders of startups and owners of small- and micro-businesses on how they can start a company for free using the platform.

As the first street centered around innovation and entrepreneurship in China, Zhongguancun Innoway recently celebrated its sixth anniversary. Innoway not only serves Chinese entrepreneurs, but also provides services for international teams looking to set up business in Beijing. Last year, a total of 24 foreign teams from 11 countries and regions including the United States, Russia, South Korea and Italy settled in China’s capital, covering such industries as artificial intelligence, Industry 4.0, and smart cities.

Over the past six years, the Innoway platform has successfully incubated 3,841 startups, including 436 foreign and overseas returnee teams. In addition, it has attracted 1,212 financial teams which have provided a total of 77 billion yuan in financing.

Zhongguancun Innoway continues to expand its business scope by extending its innovative business into more vertical areas, and serves as a “matchmaker” for startups and leading companies in related fields. So far, it has formed strategic cooperation deals with 106 world-class companies including Intel, Daimler and Skoda.


About Author

Leave A Reply