Zhongguancun Software Park innovates incubation model

chinadaily.com.cn | Updated: Feb 22, 2021 L M S

Zhongguancun Software Park has built an innovation incubation system of "incubation acceleration + investment drive + open scenario " by exploring a characteristic incubation service model based on the park's large information industry ecology.

Improve the incubation network

Entering the Innovation and Entrepreneurship Acceleration Camp in Zhongguancun Software Park, the top 12 players who emerged from the 343 projects in the Source of Innovation Competition are receiving professional incubation services for six months.

"The combination of competition and camp, from training to the introduction of financial capital, makes us entrepreneurs more confident in the future," said the founder of Actenna Technology.

Zhongguancun Software Park focuses on optimizing and upgrading the innovation incubation system with "hard technology" as the core by paying attention to the needs of enterprises at different stages such as "primitive innovation, incubation acceleration, large-scale development and capital market enlargement".

Explore the incubation model

Starting from optimizing innovative supply-side services, the Software Park has explored an innovative incubation model that integrates production, study, research and application.

In 2011, Song Jun and a group of overseas talents returned to China and established Boshilinkage in Zhongguancun Software Park. 

Today, the team of Boshilinkage has created a heart and cerebral vascular health remote monitoring and early warning system with independent intellectual property rights, filling a gap in the domestic market.

The product has been applied to 180 domestic and foreign elder-care and related institutions, serving tens of thousands of terminal users.

In September 2019, the China International "Internet+" College Student Innovation and Entrepreneurship Competition Exhibition and Exchange Center settled in Zhongguancun Software Park. 

This platform can achieve direct connections with more than 2,000 universities and nearly 1 million outstanding teacher-student co-creation projects.

In November 2020, with the conclusion of the sixth competition, the competition center launched the "Industry Empowerment Plan" to enable the competition projects and the enterprises in the park.

The Zhongguancun Software Park has gathered 15 academicians of the "two academies", including Xue Qikun, more than 100 high-end talents and a group of industry leaders. They help the park grasp the development direction and introduce related scientific and technological innovations.

Build incubation ecology

"Zhongguancun Software Park has over 700 companies and nearly 100,000 employees. The first phase of the park already has an average of 40,000 vehicles entering and leaving the park every day. There are a lot of actual technical requirements for smart transportation, smart operations, and business services. Therefore, The park has naturally become a testing ground for new technologies and new products with open and real needs," said Deng Yanrong, the park's assistant general manager.

In Deng's eyes, the park's 2.6-square-kilometer space resembles a super incubator. Its big data platform effectively connects its industries, enterprises, vehicles, and service resources with the public, and transforms these park data into shared resources to smooth park management

The park has become the first stop for open experiments, speeding up commercialization of new technologies and products. 

It has successively cultivated 27 companies from start-up to listed companies such as iSoftStone, NetEase Youdao, and Genshuixue. 

A number of unicorn companies such as Didi Chuxing, Duxiaoman, and Lifangtong Pay as well as iFLYTEK , Venus Star, QuantumCTek, Cannan Creative and other core technology companies were born in this space.