Visitors check out products at Lightelligence's booth during a high-tech expo in Hangzhou, Zhejiang province, on April 23. LONG WEI/FOR CHINA DAILY
Shanghai's efforts to nurture incubators, which have linked startups, funds and equipment, have helped the city achieve progress in cutting-edge technologies, said experts.
The Zhangjiang High-Tech 895 Incubator in Shanghai's Pudong New Area is one of the best examples. Ever since its establishment in 2015, the incubator has nurtured over 1,600 technology companies, among which six have gone public.
According to Shi Zhan, assistant general manager of Zhangjiang Haoxin, the manager of the 895 Incubator, value-added services should be provided by incubators throughout a company's entire life cycle.
Therefore, the 895 Incubator has so far rolled out 17 entrepreneurial campaigns to look for quality projects at an early stage, provide systematic entrepreneurial training and connect companies along the industrial chain. In this way, laboratory projects can be successfully transferred into businesses, he said.
