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Incubator in Shanghai boosts start-up success

CCTV.com

08-06-2016 00:34 BJT

A collaborative program for Chinese start-ups has been put up in Shanghai. The community offers low-cost financing, office space, and other business services to help young entrepreneurs realize their business dreams.

For many young people dreaming to have a business, this is the place to make it come true.

The V-linker Space is a start-up incubator which provides professional guidance and access to local investment to Chinese entrepreneurs.

"We're actually offering a new way of life for start-up entrepreneurs. The community connects and empowers young professionals working in the startup ecosystem. We also host social and educational events across the globe where you can network, learn, and build new relationships for your current and future startup ventures," said Zhou Junqiang, COO of V-Linker Space Operation & Management.

"Shanghai's high living costs make it difficult for us to start a business. But in this community, we can do business with minimum costs. The community also offers a lot of resources. It's the perfect place for start-up entrepreneurs like us," said entrepreneur Liu Meicheng.

So far, the community has attracted over 50,000 start-up entrepreneurs and plans to expand in the future.

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