China

USTC Silicon Valley plays a symphony of scientific and technological innovation

2024-11-11   

In early winter, the laboratory of Hefei Shenbi Biotechnology Co., Ltd. is bustling with activity. Here, the reporter saw plants glowing, and the magical scenes from the science fiction movie Avatar became a reality. Originally, Shenbi Biotechnology integrated fungal luminescence pathways through technological means, implanting luminescent genes from fireflies and other organisms into plant cells, allowing plants to emit light and shine at night. Shenbi Biotechnology is a technology-based small and medium-sized enterprise incubated in the Silicon Valley of Hefei University of Science and Technology in Anhui Province. Its series of products such as "Sunflowers that Shine" are about to be launched in the market. In March 2023, Li Renhan, the head of Shenbi Biotechnology, left a message on the official website of Hefei High tech Zone, hoping to industrialize the technology in Hefei. Two days later, he received a call from the staff of the Hefei High tech Zone Management Committee, inviting him to visit the Silicon Valley of the University of Science and Technology of China. The construction of the Silicon Valley at the University of Science and Technology of China officially began in June 2022, with a spatial plan of "one core, two parks, and one town": located in the core area around Zhong'an Chuanggu in Hefei High tech Zone, the "two parks" of Shushan Park and Gaoxin Park, and the "Xunfei Town". According to the construction plan, USTC Silicon Valley focuses on the transformation of innovative achievements, incubation of innovative enterprises, catalysis of innovative industries, and optimization of innovation ecology. With the global alumni of universities such as USTC as the link, it gathers the world's innovation forces, based on the new space of Hefei urban area, and creates a demonstration project for science and technology innovation source and emerging industry gathering place. By the end of 2023, when the company settled in Silicon Valley at the University of Science and Technology of China, there were only three entrepreneurial teams. In less than a year, the company had already had more than ten research and development personnel and a research and development laboratory of over one thousand square meters Li Renhan said that USTC Silicon Valley helps companies find funding, policies, talent, and application scenarios. I am fortunate to be here and cherish it very much In Li Renhan's view, USTC Silicon Valley is another "home" for the "tech drifters". At present, USTC Silicon Valley has established innovation centers at home and abroad in innovation highlands such as Silicon Valley in the United States, Tokyo in Japan, Cambridge in the United Kingdom, Lyon in France, Beijing, and Hong Kong, connecting global innovation resources. It has also become a destination for "tech drifters" around the world and a shining business card for Anhui Province's innovation and development. From Silicon Valley in the United States to the Silicon Valley of the University of Science and Technology of China, in 2022, Xu Weiwei returned to China after crossing the ocean to start his own business, becoming a multinational "tech drifter". He focuses on high-performance power management chips that are the "heart" of electronic devices and co founded Hefei Chengling Microelectronics Co., Ltd. with professors from the University of Science and Technology of China. This technological direction is also in line with the leading industry development direction of Anhui Province. After landing, the enterprise received support from the provincial, municipal, and district level guidance funds, and has completed the Pre-A round of financing Xu Weiwei said that in addition to helping enterprises connect with investment and financing and implement various entrepreneurial policies, the staff of the Silicon Valley Service Platform of USTC also assisted in completing business registration, bank account opening, personnel training, and other tasks. The 'tech drifters' bring technology to start their own businesses, and what they need most is care, and what they lack most is start-up capital. In the Silicon Valley of the University of Science and Technology of China, more and more technology-based small and medium-sized enterprises such as Chengling Microelectronics are receiving support from financial vitality through "scientific and technological innovation questions, financial answers". We advocate for patient capital to accompany the growth of technology companies. The Science and Technology University Silicon Valley Guidance Fund established adheres to investing early, small, long-term, and hard technology, with a risk tolerance of 50% Wu Hailong, Chairman of USTC Silicon Valley Service Platform (Anhui) Co., Ltd., said that USTC Silicon Valley is committed to building a "fund jungle" and has established a "fund circle of friends" with over 300 investment institutions. According to statistics, as of the end of September, there were 1725 new technology-based enterprises settled in the Silicon Valley area of USTC, with a total of over 6000 technology-based enterprises and innovation service institutions, over 60000 innovative and entrepreneurial talents, 12 domestic and foreign innovation centers established, and more than 200 various funds gathered, with a total scale of over 240 billion yuan. Over the past two years, Anhui has planned 8 major aspects and 25 reform measures around the Silicon Valley of the University of Science and Technology, focusing on optimizing the talent attraction and retention mechanism, exploring new models for industrial cultivation, and building a space for the integration of science, technology, and industry. These measures aim to create an "experimental field" for the reform of the science and technology system mechanism and a "high-yield field" for the development of high-tech industries. The relevant person in charge of Anhui Provincial Development and Reform Commission stated that USTC Silicon Valley will continue to anchor the two major goals of "experimental fields" for the reform of the science and technology system and mechanism, and "high-yield fields" for the development of high-tech industries, accelerate the construction of demonstration projects for science and technology innovation source areas and emerging industry clusters, and build USTC Silicon Valley into a core open science and technology innovation platform for cultivating and developing new quality productivity in the province. (New Society)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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