Let's take a look at the transformation and innovation path of this incubator, helping the industrial development of the park

Release time:Apr 16, 2024 20:36 PM

Chuansha New Town is not only a cultural town, but also an old industrial area. How to stimulate technological innovation when industrial transformation is imperative? As the wave of innovation and entrepreneurship approaches, Chuansha New Town believes that running incubators in the town is a feasible approach. Under such an opportunity, Hehai Incubator was established in Chuansha New Town.

Since 2015, Hehai Incubator has fully utilized the existing industrial resources and policy advantages of Chuansha New Town and Chuansha Economic Park to gather and incubate a group of innovative enterprises in the field of energy conservation and environmental protection. With the growth and continuous enrichment of incubation experience of these enterprises, Hehai Incubator has created a "nursery incubator accelerator characteristic industry ecological cluster" incubation chain in Chuansha Precision Industry Park, serving entrepreneurial enterprises through the "professional service+entrepreneurial mentor+venture capital" and "investment+incubation" operation models.

It is worth noting that the service scope of Hehai Incubator is not limited to the incubator, but also extends professional services to enterprises within the scope of Chuansha New Town. The Hehai Incubator not only cultivates innovators for regional incubation, but also incubates internal innovation projects for existing large traditional enterprises in the region.

In 2015, Shanghai Hehai Entrepreneurship Investment Management Co., Ltd. was established as the management and operation party of Hehai Incubator, officially landing in the Chuansha Economic Park.

In the early stages of operation, Hehai Incubator did not deliberately choose to gather enterprises in a certain industry field. More than ten energy-saving and environmental protection industry enterprises have successively settled in, involving household water treatment, river management, industrial water treatment, and other directions. As a result, Hehai Incubator has begun to focus on incubating in the vertical field of energy conservation and environmental protection, fully tapping into the industrial resources of surrounding areas and Chuansha New Town, and striving to incubate and cultivate enterprises with distinctive industrial advantages with high-tech attributes.

Kaineng Health Technology Group Co., Ltd. is one of the leading enterprises in the domestic household water treatment field. Kaineng Group once considered establishing its own incubator, and after communicating with Chuansha Economic Park, it was learned that there is already an incubator in the park. Through the leadership of the park, Hehai Incubator has frequent contact with Kaineng Group to discuss cooperation. Soon, the Chuansha Economic Park, Hehai Incubator, and Kaineng Group signed a strategic cooperation agreement.

Through the Hehai Incubator as a service platform, we recommend entrepreneurial enterprises that fit the ecosystem and industrial chain of Kaineng Group. Kaineng Group then incubates and cultivates innovative projects through various forms such as mergers and acquisitions, equity investments, collaborative product development, technology platform provision, and sales channels.

Let's take a look at the transformation and innovation path of this incubator, helping the industrial development of the park

Since obtaining the qualification for the Pudong New Area Innovation and Entrepreneurship Competition in 2019, the Hehai Incubator has become a competition point for energy-saving and environmental protection projects. Through the competition, Hehai Incubator selected the best among the best and recommended multiple entrepreneurial projects to Kaineng Group. Currently, some projects and enterprises have established corresponding cooperation with Kaineng Group.

The Hehai Incubator has gradually accumulated a good reputation, not only increasing the number of recommended projects through various channels, but also bringing the demand for "neighbors". Most of the parks where incubators are located are factories, and many traditional production and processing enterprises gather here. These enterprises have also developed innovative technologies and ideas in industrial transformation. However, internal incubation often limits project growth, so they choose to cultivate projects in the He Hai incubator.

Shanghai Huiyang Intelligent Technology Co., Ltd. is a high-tech enterprise mainly engaged in the development of non-standard intelligent technology, intelligent device research and integration. Huiyang initially developed medical refrigerators, and its cooperative company is an old enterprise in Chuansha Economic Park. Huiyang was born as the contractor of its research achievement transformation project.

By entering the Hehai Incubator, Huiyang not only fully enjoys many government support policies and industry university research cooperation support, but also improves and optimizes its business management, always in a healthy development state.

The Hehai Incubator has gradually transformed from a traditional logistics company to a professional incubator, and has also become a catalyst for the transformation and innovation of other traditional enterprises.

Since the establishment of the He Hai Incubator, it has taken on the role of an angel investor, with its own 5 million yuan of angel funds injected into the incubators through angel rounds. As of now, Hehai Incubator has invested in a total of 6 enterprises, with investment amounts ranging from 100000 to 3 million yuan. Generally, it exits around round A to ensure the effective operation of funds and continue to support early projects.

Shanghai Fujin Information Technology Co., Ltd. is a high-tech enterprise that integrates research and development, production, sales, and service of electronic products and embedded software. Due to Fu Jin winning the bid for the project in Guangzhou, a large amount of funds need to be invested in advance. At this time, He Hai Incubator promptly intervened and injected capital into it through shareholder investment.

"For incubators, achievement transformation is the focus of the future." Cheng Chunmeng, General Manager of Shanghai Hehai Entrepreneurship Investment Management Co., Ltd., said that in addition to continuing to work with large enterprises to promote innovation in the field of energy conservation and environmental protection, Hehai incubators will also collaborate with relevant experts from research institutes under the Chinese Academy of Sciences to carry out innovation incubation in navigation and communication, and introduce innovative projects suitable for development in Chuansha New Town in collaboration with relevant units of Shanghai Jiao Tong University.

Text: Sun Lu

Information: Pudong Science and Technology Promotion Center

*Reprinted from official WeChat account released by Pudong

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