New incubator with international vision to boost Shanghai Silicon Alley’s tech scene

Changning District initiated the construction of the Shanghai Silicon Alley High-Quality Incubator on September 1, marking a solid step forward in its efforts to build the Shanghai Silicon Alley sci-tech innovation block and create a high-level innovation ecosystem.

During the unveiling ceremony, four shareholder entities, namely SIMIC Holdings Co Ltd, Shanghai CREATOR Industrial Co Ltd, Shanghai Changning State-Owned Assets Operation and Investment Co Ltd, and Shanghai Chongwei Crystal Materials Co Ltd, signed agreements on site.

Representatives of the first batch of incubated projects, including the silicon nitride ceramic substrate project and the new integrated optoelectronic thin-film materials and devices project, as well as representatives of the first incubated enterprises such as Shanghai Xianjian Faxun Consulting Co Ltd and Xinyu Future (Shanghai) Medical Technology Co Ltd also signed agreements.

The Shanghai Silicon Alley High-Quality Incubator has established strategic partnerships with financial investment institutions, industry associations, university technology transfer centers, and professional service organizations. It will collaborate in areas such as fund establishment, achievement transformation, industrial chain resource matchmaking, and specialized service provision to empower settled enterprises.

The incubator is committed to becoming a convergence point for innovative ideas, an accelerator for entrepreneurial practice, and a nurturing ground for future industries through a series of measures including introducing experienced industry mentors, setting up special seed funds, building public technical service platforms, organizing branded entrepreneurship events, and connecting international market resources.