China’s Torch Program – the glow that can light the world (Part 2 of 5)
Steve Blank
APRIL 11, 2013
This post is about the how the Chinese government engineered technology clusters. There are close to 100 specialized incubators for companies founded by returned overseas Chinese scientists and engineers. Set up in 1999, Innofund offers grants ($150 – $250K), loan interest subsidies and equity investment. Lessons Learned.
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