P SH registered as national mass innovation space

2020-05-12 Browse times: 63

Potential Star Hall (PSH) mass innovation space, a brand development project launched by the Caohejing Entrepreneurship Center, was registered as a State-level mass innovation space on March 24.

The center cooperated with Qingming Technology Co Ltd in 2015 to launch the PSH project with the former providing the mature incubation operation system and the latter offering rich industrial resources.

With artificial intelligence, electronic information, Internet, big data, technical and cultural innovation as its main industrial orientation, PSH obtained the title of public innovation space of Shanghai Zhangjiang Independent Innovation Demonstration Zone in 2016 with the occupancy rate reaching over 95 percent.

Projects moving into PSH increased from seven to 81 between 2016 and 2019, 65 percent of which were introduced by entrepreneurs who already had businesses at PSH.

Its business area also increased from 918 square meters to 3559 square meters, an annual growth rate of 76 percent, to meet the increasing projects.

It has held nearly 100 events ranging from competitions to forums, mentor coaching and financing, the source said.

It launched the China Original IP Derivatives Creative Competition and the China Original IP Development Forum in 2017, the Shanghai Caohejing Technology Innovation Carnival Forum in 2018 and 2019, the Business Development Forum in 2018 and the AI Industry Application Forum in 2019.

Strong brand effect and abundant entrepreneurial activities have not only attracted many high-quality enterprises, but also cultivated a number of start-ups which have entered the fast track of development together with PSH.

Voxel Cloud, for example, a start-up company which is the first to combine deep learning with the medical imaging practice in the field of artificial intelligence, obtained three rounds of financing of more than 200 million yuan from the United Capital Resources Ltd, Sequoia Capital and Tencent Capital between 2017 and 2018.