A brand new incubator has opened up in Silicon Valley with the aim of fostering cross-border US-China startups. The facility will reportedly cover a “broad range of technologies” including mobile, software, health, and renewables.
The incubator claims to be the first operation of its kind “to focus on nurturing American and Chinese start-ups to expand beyond their home countries”. It believes that this focus “will increase technology development, commercialization, investment and job creation in both countries”.
The incubator, which is housed in 13 500 square foot building, will reportedly house between 30-50 early-stage startups. It claims that it will provide these startups with “comprehensive incubation services” and physical space.
To read the full, original article click on this link: First American-Chinese startup incubator launches in Silicon Valley | memeburn
