China’s Torch Program – the glow that can light the world (Part 2 of 5)
Steve Blank
APRIL 11, 2013
In the last decade Torch managed to break free of China’s state central planning bureaucracies. They provide consulting, promotion, product testing, hiring, training and incubation services to startups. Set up in 1999, Innofund offers grants ($150 – $250K), loan interest subsidies and equity investment.
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