With the successful holding of the "Sino-US Science and Technology Innovation Exchange" in Hangzhou, the Plug and Play2017 Cross-border International Initiative has officially come to a close.
During the 10-day trip from 19th to 29th, Plug and Play(PNP) China cross-border team led more than 30 entrepreneurs from the United States, Israel, Finland, South Korea, Singapore and other countries to visit Shanghai, Shenzhen, Chongqing and Hangzhou. Assist in conducting zero-distance business visits with local enterprises for cross-border projects, and assist in connecting Chinese and foreign resources. At the same time, overseas entrepreneurs also demonstrate the cutting-edge technology level of Silicon Valley technology companies to local investment institutions and entrepreneurs with their superb technologies and excellent business models, laying the foundation for cross-border projects to be launched in China.
The wave of entrepreneurship continues the legend of Silicon Valley
Listening to the wind dance, this is the true portrayal of the tide of innovation and entrepreneurship. On the one hand, we need entrepreneurs with dreams and unlimited creativity. On the other hand, we also need Bole Fang who can discover pearls and help build industrial stars.
As one of the international incubation accelerators, PNP has a close relationship with local governments, VC and a number of World 500 powerful enterprises in China, and cooperates with various parties to create a sound innovation and entrepreneurship ecosystem. In this cross-border activity, PNP will bring potential Silicon Valley projects to China and build a bridge of international interaction.
Four cities, taking on different themes. From Internet finance to artificial intelligence, industrial cross-border upgrading to smart travel... The most sophisticated and cutting-edge technologies and technologies from around the world are presented on the scene. Entrepreneurs from all over the world can stand on the dual platform of China and the United States to communicate with well-known investment institutions, in the process of ideas collision, we also gained a lot of project praise.
"This was my first time in China, and PNP had a perfect business connection experience, during which we were able to maximize access to business resources, contact government agencies, and seek companies with investment intentions. Of course, we've made invaluable friendships with other entrepreneurs, learning from each other and developing our business skills." "Said Jack Caddell Crawford, founder and CEO of Datalog.AI. Alexei Dunayev, Founder and CEO of TranscribeMe, said, "PNP Cross-border brings us a live entrepreneurial experience that plays an important role in our strategic plan to further enter the Chinese market. PNP has a strong local network and government resources to help cross-border partners a lot. The team is also very professional and I highly recommend participation in cross-border projects."
Take the high ground. Unicorns will be here
This cross-border activity has received strong support from local governments, investment institutions and well-known enterprises. These include: Chongqing Technology Venture Capital Co., LTD., Chongqing Beixin Investment Co., LTD., Deloitte, BMW Group, Dalian Wanda Group, Peking Oriental Technology Group Co., LTD., Foxconn Technology Group, Tongcheng Network Technology Co., LTD., Beijing Houshi Investment Holding Co., LTD., Kaiyuan Securities Co., LTD., High Technology Division of Municipal Development and Reform Commission, Wansheng Economic Development Zone Technology Co., LTD Bureau, Chongqing Gucheng Technology Co., LTD.
During the event, the PNP invited Tom Kosnik, a professor of innovation and entrepreneurship at Stanford University, and Peter Davison, an early investor in Paypal and founder of the Fishburners incubator, as speakers.
The effect of the cross-border activities is quite fruitful, which not only attracts the high attention and participation of the local government, but also receives the favor of many well-known domestic investment institutions in the background of the cross-border projects. Almost every cross-border project in the four cities can get clear cooperation intentions from 5-6 institutions and enterprises, and some of them are even pulled in for detailed discussions by investors right after the podium.
"This is my second time to participate in the PNP cross-border tour, which gives us a deeper understanding of the Chinese market. PNP directly provides us with a valuable bridge to connect with venture capital partners and the government. They helped us speed up the process of registering an entity in China to better capture all the opportunities that are right for us, an experience that money can't buy. The second cross-border bank gives me a new experience in a better way, in terms of curated content and potential new partners." Shared by SafeChats CMO Mark Koh.
Rahim Amidi, co-founder of PNP China and president of Amedi Group, also said that he will introduce better information technology, investment and projects from Silicon Valley and Europe to China. Next, the PNP will select several outstanding projects from the enterprises participating in cross-border activities to join the PNP Unicorn Accelerator Camp for three months of start-up support. The content involves financing, resources docking of world-class Fortune 500 enterprises, mentor training, domestic market promotion strategy formulation, etc., to further promote the implementation of technical exchanges between China and foreign countries.
Cross-border investment has maintained a sound development trend in recent years, and the integration of the Chinese market and the global innovation has become an opportunity to help China's industrial upgrading and economic transformation. The "Plug and Play" cross-border activity promotes the landing of foreign high and new technologies in China and injects fresh blood into cities with innovative vitality. We firmly believe that the introduction is only to better go out, through the exchange and cooperation of domestic and foreign projects, timely grasp the trend of innovation and entrepreneurship in the world. PNP will continue to contribute to helping local enterprises connect with the international market and realize upgrading of innovative industries.
