The Shanghai Silicon Alley — a technology hub in Huayanglu subdistrict, Changning district — launched an innovation incubation platform on Dec 5.

The platform focuses on gathering innovation resources, commercializing tech achievements, incubating startups, and fostering future industries.

Representatives from 17 organizations were awarded as mentors to support the innovation platform, providing startup assistance and project evaluation.

The inaugural innovation and entrepreneurship competition also commenced, focusing on AI and intelligent applications to attract and nurture high-quality tech enterprises and talent.

Since the launch of Shanghai Silicon Alley in 2022, nearly 1,000 companies have moved in, with over one-third being tech companies.

To help these enterprises grow at every stage, Huayanglu subdistrict offers a variety of services, including policy guidance, legal assistance, talent recruitment, and financial support.

Plans are in motion for the Huayanglu subdistrict to revitalize resources and strengthen the Shanghai Silicon Alley brand.

Source: Official WeChat account of Changning District Information Office at "shchangning"