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Business\Companies

Start-up incubator announces establishment of experience center in Langfang

By Chen Meiling | chinadaily.com.cn | Updated: 2017-05-24 11:00

China's scientific start-ups incubator, Techcode SME Services Co Ltd, recently announced the establishment of the company's first global scientific achievements experience center in Langfang of North China's Hebei province.

The center, Techcode Langfang, will be designed to help promote the commercialization of research findings of the Beijing-Tianjin-Hebei region.

Founded in 2015, Techcode SME Services Co Ltd has, so far, 30 incubators in seven different countries. The centers incubate more than 600 start-ups, with a total financing worth more than $500 million.

Langfang, located at the center of the Beijing-Tianjin-Hebei region, between Beijing and Tianjin, was designed to become a cluster for the commercialization of research findings in the future. The city would have an enhanced linkage with Beijing and Tianjin in terms of industries, assets and policies, according to a Langfang government report released in April.

Techcode Langfang would provide spaces for the exhibition of scientific and technological achievements worldwide, as well as the trading of research findings, and provide space for entrepreneurs from across the globe to exchange ideas.

More than 10 artificial intelligence companies from the Silicon Valley displayed their products at the launch ceremony of the Techcode Langfang on May 16, which enabled each company to seek possible investment in China. These companies included The One, an organization which could calculate return on investment for enterprises, and CoContest, which could combine the 3D and visual reality technology to do interior design.

Huang Haiyan, CEO of Techcode, said the company was determined to bring the best resources together, through the use of globalization, and realize its potential in China.

The company has also established innovative incubators in Beijing and three counties of Hebei province, including Xianghe, Gu'an and Dachang.

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