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Area guidelines foster innovative business spaces

Zhuan Ti
Updated: Dec 16,2015 8:32 AM     China Daily

The Zhangjiang National Innovation Demonstration Zone has worked to build itself into one of the best locations across the country for innovation and entrepreneurship, following the national call for people to do business more creatively to drive innovation.

The zone has released a series of measures to encourage entrepreneurship, especially Internet-based industry innovation.

Earlier this year, the demonstration zone released a guideline stating that a batch of maker spaces, or centers that provide technology and support to help businesses innovate, would be established from 2015 to 2017. The guideline also covers business incubators.

According to the guideline, a batch of maker spaces for Internet-based international business startups will be created and financial support provided for the sites and services.

With professional service abilities, these maker spaces will work to meet the needs of entrepreneurs, officials from the Administration Commission of Shanghai High-Tech Industrial Parks said.

At the Zhangjiang High-Tech Park, the core park of the Zhangjiang National Innovation Demonstration Zone, the establishment of an international incubator comes under the plan. As part of this, an innovation center will be established in the park in collaboration with Israel. The park is also in contact with several world-renowned Internet companies in Silicon Valley, hoping to jointly establish maker spaces in Zhangjiang.

“The introduction of international leading companies to establish maker spaces will help Zhangjiang advance onto the world stage, and also attract global talents to this place,” Wang Weigang, deputy director of Shanghai Zhangjiang High-Tech Management Committee, told local Chinese media.

The Zhangjiang National Innovation Demonstration Zone has also encouraged leading businesses in the park to include maker spaces so as to provide support for more entrepreneurs.

For example, the Zhangjiang High-tech Park has worked with the online education platform to launch the second of its Ants Maker Spaces. The 6,000-square-meter maker space will provide a platform for online education entrepreneurs. A fund was also set up to provide financial support for entrepreneurs.

According to the park, it will set up a special fund, which will be used as an angel fund and for risk investment in establishing maker spaces.

In November, the Shanghai municipal government released a guideline to promote the implementation of the Internet Plus initiative in the city.

The Zhangjiang National Innovation Demonstration Zone has also been encouraging industries, particularly traditional industries, to integrate the Internet to drive industry transformation and upgrading. The zone will support industries, parks and enterprises in which high-end manufacturing is dominant to Internet platforms for design and R&D, and to upgrade to intelligent factories and intelligent manufacturing.

In addition, it will also support the improvement of service functions in parks where new technologies are dominant, such as the mobile Internet, cloud computing, big data and the Internet of Things.