Shenzhen’s Blueprint for Global Innovators

Shenzhen’s Blueprint for Global Innovators

SHENZHEN, CHINA / ACCESS Newswire / August 25, 2025 / August 26 is the 45th anniversary of the establishment of Shenzhen Special Economic Zone. In Qianhai, Shenzhen, a collaboration model dubbed “Hong Kong’s Brains, Qianhai’s Muscle” by numerous entrepreneurs is continuously fueling the innovation wave in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Cutting-edge academic ideas and international frontier research are nurtured in Hong Kong’s laboratories, while Qianhai, just across the river, serves as the core engine that ignites, amplifies, and commercializes these intellectual sparks. With its robust industrial transformation capabilities, open policy environment, and mature industrial chain, Qianhai has bridged the gap between research and market application.

Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub

In 2024, to mark the 10th anniversary of the Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub (hereinafter referred to as the “E-hub”), Qianhai introduced the innovative “1510 Development Model”, which includes measures such as “HKD 1 for entry and incubation, a HKD 500 million fund, and 100,000 square meters of industrial space”. As of July 31, 2025, the E-hub has hosted 535 teams, incubated a total of 79 national high-tech enterprises, and held the Guangdong-Hong Kong-Macao Youth Innovation and Entrepreneurship Competition for nine consecutive years. Qianhai has become a magnet for Hong Kong’s young entrepreneurial teams, whose success stories go beyond physical incubation spaces. They embody a cross-border innovation ecosystem where Hong Kong’s cutting-edge intellect merges with Qianhai’s dynamic execution power. This is underpinned by a series of pioneering policies and measures, such as China’s first fast-track grant program for cross-border patents and the Guangdong-Hong Kong-Macao International Technology Transfer Center.

Among these success stories is INSPRO, founded by Hong Kong youth Elvis Yu. His entrepreneurial vision,which began in a Hong Kong laboratory, aims to address global protein shortages and waste disposal challenges through an industrialized insect bioconversion system that transforms organic waste into high-value protein. After establishing its base in the E-hub in 2020, the company fully leveraged Qianhai’s support in talent introduction, startup costs, and tax incentives. Today, it is running a 40,000-square-meter smart factory that processes 30 metric tons of organic waste daily, with its protein feed products exported to North American markets.

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *