BOSTON, July 10, 2018 /PRNewswire/ -- On July 6th, Zhejiang Saichuang WeiLai co-organized technology exchange activities at the Massachusetts Institute of Technology in Boston. At this "3rd Global Innovation and Entrepreneurship Contest of High-level Talents in 2018" run by the Municipal People's Government of Shaoxing China (North America Division), 15 innovative and entrepreneurial projects from North America got a chance to talk with 7 investment experts from China and US.

Recently, Shaoxing has been actively promoting the upgrade and transformation of its traditional industries with a goal of building a manufacturing base and an intelligent industrial base in the Greater Bay Area around Hangzhou Bay. This Greater Bay Area project around Hangzhou Bay, put forward by the Zhejiang Province of China, was created with the industrial structure of the San Francisco Bay Area in mind.

Since the first Technological Innovation Contest held in 2016, Shaoxing has successfully held this contest yearly in many world-leading global innovative cities to help high-level talent to better understand Chinese markets, build the domestic and overseas technological innovation program, and develop a Sino-Foreign communication and development platform. Shaoxing is dedicated to discovering innovative and entrepreneurial projects and high-level talents and provides a series of policies and services to attract foreign technological innovation projects to China for market expansion and development. By bringing together high-end projects with innovative technology, a solid foundation for industrialization, and high-quality talent with the intent to relocate to China, the perfect ecosystem for future development is created.

Zhejiang Saichuang Weilai has been cooperating with Shaoxing Municipal People's Government for three years and have helped Shaoxing acquire and retain technical talents using a market-oriented service model. The company's objective remains constant: "precisely attract and solidly retain" domestic and foreign high-end talents, drive fast development of projects in China, and help achieve joint development of the entrepreneurship projects and local industries with the entrepreneurial service ecosystem model of "attracting talent through contests and capital, in-depth incubation, and talent retention services".

About Saichuang Weilai Venture Capital

Zhejiang Saichuang Weilai Venture Capital Investment Management Co., Ltd, affiliated with the Zhejiang Cybernaut Investment Group, is a high-end platform specializing in building high-grade innovative and entrepreneurial talent service ecosystems at home and abroad.

Originating in Silicon Valley, Zhejiang Cybernaut focuses on initial venture capital investment in the high-tech field and boasts a wealth of resource and experience in the high-tech venture capital sector with funding at RMB 10+ billion. They implement the G10 Global Strategy and establish incubators and funds in the Global Technology Innovation Center, to achieve incubation from the source. In the future, Zhejiang Saichuang will leverage Zhejiang Cybernaut "G10 Global Strategy" and capital to create a global innovative investment service model.

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