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Silver Hope Investment invited to participate in the 2019 Suzhou International Entrepreneurship Week

Updated: Mar 8, 2021

July 10-12, 2019, the Eleventh Suzhou International Elite Entrepreneurship Week was held in Suzhou. 4,529 high-level talents from 37 countries and regions around the world took 4,653 projects to participate in the docking. As a well-known angel investment company in Shanghai and a professional platform for connecting western startups/technologies with domestic capital and markets, Silver Hope (Xihong) Investment was invited to participate in this conference.

Pic: Suzhou Center

This year's Entrepreneurship Week continues to focus on “Building a Global Entrepreneurship to Create a Business Paradise”, targeting at Suzhou's strategic emerging industries, advanced manufacturing industries, and modern service industries, with a focus on biomedicine, next-generation information technology, nanotechnology applications, and artificial intelligence. Talents and teams from the industry participated. The “threshold” of the conference was also quite high: more than 4,500 participants attended the 4,653 projects, and the number of doctors (with a Ph.D degree) participating in the conference was 60.6%, and the master's ratio was 35.1%.

For now, the total number of talents in Suzhou is 2.76 million, of which high-level talents reach 245,000. Among them, Suzhou International Elite Entrepreneurship Week played an important role: Through 10 years of hard work, Entrepreneurship Week has achieved a total of 4,737 talent projects from scratch, from small to large, with a registered capital of 36 billion yuan and annual sales of over 100 million yuan. There are 27 settled enterprises and 12 listed companies in the “New Third Board”. Entrepreneurship Week has become the most important recruiting platform for the city, bringing acceleration and new vitality to Suzhou's reform and development.

To build a talented highland, the support for the tech industry is the foundation. The strong industrial foundaiton and high degree of openness are the development advantages of Suzhou. In 2018, the city achieved a regional GDP of 1.86 trillion yuan, a high-tech industry output value of 1.57 trillion yuan, more than 10,000 industrial enterprises above designated size, a new generation of information technology, biomedicine, nanotechnology applications, artificial intelligence and other four major leading sectors is experiencing explosive growth.

This year, Suzhou has built four domestic invention breeding centers covering Beijing-Tianjin-Hebei, Yangtze River Delta, Dawan District and Mid-China District, forming a complete breeding system covering both domestic and overseas. To gather talents in the world in a more open and flexible way.

In addition, in order to actively integrate into the international talent competition, Suzhou has established the “Start-up the Future” International Enterpreneur Competition in the overseas. In the first half of this year, the International Enterpreneur Competition set up a total of 8 competition zones, and simultaneously set up an overseas branch of the Entrepreneurship Week, collecting 735 projects. In the end, six projects stood out in the global finals and won the first, second and third prizes.

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