November 30, 2023
Shanghai organizes training camp for young entrepreneurs from home and abroad

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City and district officials jointly launched the Shanghai Talent+ Summit Entrepreneurship Bootcamp in Shanghai’s downtown Yangpu District.

An entrepreneurship training camp launched in Shanghai’s downtown Yangpu district on Thursday to provide guidance and assistance to young entrepreneurs from both domestic and foreign universities in finding investment.

As part of the 3rd Shanghai Talent+ Summit, the Talent+ Entrepreneurship Bootcamp opened at the National University Science Park of Shanghai University of Finance and Economics.

Sixty graduates from leading universities around the world, including Harvard, Oxford, Fudan and Jiao Tong, will participate in three intensive training programs during the camp.

According to the city government-backed Shanghai Technology Entrepreneurship Foundation for Graduates, one of the camp’s hosts, a third of the participants, selected from 171 applicants from around the world, are returnees who studied abroad.

According to the foundation, their startup projects mainly cover artificial intelligence, intelligent technology/Internet technologies and semiconductors, as well as some cross-border areas, such as AI and medical health, or the merger of modern agriculture and robotics.

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A senior investor gives lessons to camp participants on the business value of ventures.

“Both domestic and international students have a strong desire to start businesses in Shanghai, reflecting the city’s powerful attraction for talented young entrepreneurs,” a foundation official said.

During the three-day camp, senior entrepreneurs, investors and consultants will deliver lessons on topics such as “Analyzing the Business Value of Enterprises,” “Opportunities and Challenges in Information Security in the Age of AI,” and “Brand Strategies for Startups.” ,

Students will also visit the China-Israel Innovation Hub in Putuo District to speak with Israeli entrepreneurs working in the park.

As a highlight of the programme, some of the successful entrepreneurs who were once supported by the Foundation will share their experiences with the participants.

These include Wang Zhe, founder and chairman of Liju Tech, a platform using AI to serve real estate developers. He is an excellent former graduate of the training program.

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A bootcamp participant speaks with mentors.

“Shanghai, with its abundant talent and capital resources, is increasingly becoming the preferred location for startups to set up their headquarters,” Wang told participants.

“The city offers many opportunities to explore new technologies within traditional industries, allowing businesses to find their niche and achieve success,” he said.

Wang resigned from a senior position at a company in neighboring Jiangsu province and attended a training camp before setting up his own technology firm in Shanghai.

Following the training camp, the Foundation will mobilize investors and experts to evaluate startup projects and offer investments in those projects with large growth potential.

The foundation has conducted 70 entrepreneurship sessions since its inception in 2016, training more than 4,237 students. Among them, 426 have received more than 1 billion yuan (US$137 million) of support from “angel investors”.


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