Four-get Co-incubation ProgramShanghai Connectory run by CHJ and Bosch
Keywords: networking
Main users: Wider community
Launch date:
18 November 2018
Describe your solution in 50 words or less
Four-get Shanghai Connectory is an IoT focused co-creation space in the heart of Shanghai, jointly operated by Shanghai Caohejing Innovation Center and Robert Bosch GmbH. The Connectory brings together startups, corporate & university partners, and Bosch project teams focused on digital innovation in supply chain, logistics and data driven technologies.
What is the purpose of your solution
"Four-get" refers to ""get out of the buildings, get your hands dirty, get wings for success and get things down"". To forget is the headstream of innovation. The key of the ""four-get"" program is to steer our startup to empty ""the cup"", so that it may be refilled. The Shanghai Connectory is a physical place working towards a connected future in an active IoT ecosystem. The idea of creating a space for the IoT players was developed by experienced managers from Bosch and CHJ, who jointly select high-potential startups and keep their survival rate up to 90%. The program offers entrepreneurship seminars to help teams get subsidies from the Chinese policy chain, the opportunity to meet with the superior VC funds and free services such as talent recruitment, equity structure optimization, legal consultancy etc.
What is innovative about it
This new ""IoT"" lab is the first of its kind, with a focus on cutting-edge trends and inspirational in-market solutions, and will build a platform for CHJ partners, academia and public sectors to tackle problems faced by residential startups in years to come. CHJ and Bosch support startups to develop a range of smart products and help them identify ways to bring them to market more quickly through open procurement. CHJ provides its landmark co-working space and a tech-based community manager to help startups test ideas and understand patterns. CHJ will host seminars and workshops mingling Fortune 500 corporates with startups, to gather real challenges and inspirations from both the mature and the newborn. In return, Bosch will dedicate urban mobility professionals to provide technical expertise, guidance and mentoring. Bosch will share Connectory facilities with the selected startups.
What impact has your solution had
The Shanghai Connectory has become the central hub for the Shanghai IoT ecosystem, an active catalyst for innovation and a dedicated source of expertise. It is used by a range of startup companies, providing them greater opportunities for collaboration and knowledge-sharing than possible for small businesses alone while improving open innovation competitiveness for Bosch. As part of the incubation program, the Bosch team not only manage brilliant startup programs but are also happy to get their own hands dirty to set the most cutting-edge R&D direction.
For more solutions from IASP member Caohejing Hi-Tech Park click here