Spaces for innovation to be set up in district
Print Edition
Jiading will establish more group innovation spaces for start-ups in the next three years to promote the construction of Shanghai International Scientific Innovation Center, according to local authorities.
Low cost and convenient living facilities are two main features of group innovation spaces. The area is not that important. An old workshop or a used garage can be made into a group innovation space.
It is part of Jiading鈥檚 efforts to transform idle factories and office buildings into entrepreneurship parks and group innovation spaces. By the end of 2017, the district will have 40 group innovation spaces with a total area of more than 300,000 square meters.
Most of the group innovation spaces will be in Jiading New City, Anting Town, around Tongji University Jiading Campus and along Metro lines 11, 13 and 14.
Entrepreneur teams will not only get low-rent offices, but also a set of supporting policies.
The district will establish a service center for scientific enterprises and talents.
In the second half of this year, Jiading will introduce the service system of the Zhongguancun Science Park in Beijing into Juyuan鈥檚 scientific industrial park.
Meanwhile, the Jiading Angel Fund will double its current scale to 200 million yuan (US$32 million) and is expected to attract more than 20 billion yuan from 50 social institutional investors. A new 3-billion yuan development fund for entrepreneurship will also be set up.
Jiading holds various activities for innovation companies such as Entrepreneurship China, Entrepreneurship 50 and Jiading Science & Technology Fair.
The district also encourages enterprises to cooperate with colleges in research and development.
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