News & Events

Multi color 3D printing with high quality and low price, personalized information screen management of various screens and terminals, medical big data analysis software using artificial intelligence, machine learning and other means, SAAS training system used by swimmers’ wearable devices and coaches, athletes, sunscreen detection stickers based on nano technology applied to simulate human skin

Ten science and technology innovation project teams carefully selected from hundreds of entrepreneurial projects in Canada appeared at the opening ceremony of the second phase of the China Canada Joint Venture Camp (CAMP) on October 16, seeking to learn and communicate with Chinese investors and successful Chinese entrepreneurial enterprises.

Opening Ceremony Team and Tutor

Liu Zhishuo, initiator of CAMP and founding partner of Dahe Venture Capital

Li Changping, Deputy District Head of Haidian District, Beijing, visited the opening ceremony of the second phase of the China Canada Joint Venture Camp and introduced in detail the development status and future planning of the core area of the National Science and Technology Innovation Center to entrepreneurs from Canada. In her speech, she said that Haidian District would welcome innovation entrepreneurs from all over the world to Haidian District for development with an open mind and a good policy environment, and wished the China Canada Joint Venture Camp a complete success.

Li Changping, Deputy Head of Haidian District

China Canada Joint Venture Camp is an international virtual accelerator program jointly sponsored by Haidian Park Management Committee of Zhongguancun Science Park, Ontario Center of Excellence (OCE) and China Canada Angel Alliance (CCAA), and undertaken by Dahe Venture Capital. Each year, 10 companies are selected in Canada. The selected companies will accept the virtual incubation plan and participate in training camps, including visits, studies, exchanges, roadshows, etc. Each company will receive equity investment from CCAA, up to $300000, and CCAA will enjoy the priority of the next round of financing. At the same time, OCE will also give the project an appropriate proportion of investment (125000-250000).

With the increasing popularity and influence of the Sino Canada Joint Venture Camp, the number and quality of participating teams this year are higher than last year. This year, the entrepreneurship camp pays more attention to technological innovation, and the final selected projects are basically technology oriented, involving TMT, the Internet of Things, medical big data, 3D printing, nanotechnology and other fields.

The China Canada Joint Venture Camp aims to advocate innovation, entrepreneurship and cooperation exchanges with a global perspective, build an exchange and cooperation platform for investors and entrepreneurs in China and Canada, promote scientific and technological innovation cooperation and entrepreneurial culture exchanges between China and Canada, create an international innovation and entrepreneurship ecosystem, and serve the international lifestyle of innovative entrepreneurs.

As an outstanding representative of the innovative technology accelerator, the China Canada Joint Venture Camp was unveiled at the main venue of the National Mass Entrepreneurship and Innovation Week in Shenzhen, presenting the latest achievements and development plans of the China Canada Joint Venture Camp to all the participants, and interpreting the connotation and purpose of “developing new economy and cultivating new momentum”.

Wang Tong, the founding partner of China Canada Joint Venture Camp, believes that the main driving force of innovation is technological innovation and consumption upgrading. Among them, consumption upgrading is more about model innovation, such as changes in lifestyle and business model, while real technological innovation is relatively weak in China. But China’s innovation has entered a new stage, that is, more technological innovation. In this case, international exchanges are needed to improve our technical capabilities and keep pace with the world.

Wang Tong, initiator of CAMP and founding partner of Dahe Venture Capital

At the same time, the whole social environment in China has changed. Chinese investors are also making various investments in the world, such as real estate, acquisition and merger of foreign enterprises, and even acquisition of natural resources such as minerals. However, Chinese investors have done less in innovation investment. China’s investment capital should have a more international perspective. Investors should not only focus on China, but also have a more global perspective.

China’s capital needs to have an international vision, and innovation also needs to have an international combination. The urgent need for capital and technology internationalization is the driving force to promote innovation internationalization. The starting point of China Canada joint venture camp is precisely to internationalize innovation.

Wang Tong introduced that the investment roadmap of the China Canada Joint Venture Camp is based on Canada. It starts from Canada and will enter the Silicon Valley in the future, including Israel, Germany, Japan and other countries and regions, eventually covering the whole world. The investment strategy will be more inclined to technological innovation, especially technological innovation that can combine the actual situation of China, such as combining the Chinese market, or combining R&D and manufacturing in China. The investment philosophy is to invest in the best company. Early investment is mainly about people. If the entrepreneurial team has a real entrepreneurial spirit and a good business sense, it can often bring the company to a higher level. At the same time, project direction and market are also important. In fact, it is to find a balance between trends, projects and people.

Fortunately, four of the 10 companies invested by the China Canada Joint Venture Camp last year have received the next round of investment and have performed well overall. In addition to the reasons of the team itself, the efforts behind the Sino Canadian joint venture camp also contribute.

The China Canada Joint Venture Camp helps selected Canadian/Ontario startups find suitable potential Chinese partners and mentors, and provides training to enterprises to shape a business model suitable for the Chinese market and get ready to enter the Chinese market.

The China Canada joint venture camp first docks capital for selected projects, and then docks resources. For example, KapowKidz, a child education project with the assistance of the Sino Canadian joint venture camp, has started business in China; Conavi, a medical device company, has found a strategic partner in China; Apply Board, a free intermediary platform for international students, will come to China this month to realize further market expansion. As a result, the China Canada Joint Venture Camp has gained great influence and reputation in Canada, even in the entire North America.

The last is to provide knowledge and experience for entrepreneurial teams. The team of the China Canada Joint Venture Camp has many years of venture capital experience, has a unique understanding of the business model and business essence, and can provide valuable advice and suggestions. For example, Viafoura is a service company that provides a platform for media companies to interact with audiences. Through constant communication with the tutorial group of China Canada Joint Venture Camp, it has strengthened the team’s confidence and deepened its understanding of the high-end business model of the industry.

The China Canada Joint Venture Camp has also built a bridge for Chinese start-ups to go global. With the help of the resources and influence of the China Canada Joint Venture Camp in North America, it helps domestic start-ups understand the North American market and connect with cooperative companies and investment institutions.

It is understood that last year, members of the first entrepreneurial camp visited Baidu, Tencent, Sohu, Xiaomi and other Internet companies, docked with more than 10 Chinese early-stage entrepreneurial companies, invited dozens of successful entrepreneurs as entrepreneurial mentors, and held project roadshows and venture capital matchmaking meetings. The second phase of the entrepreneurship camp also arranged a series of learning and exchange activities.

Canadian Founding Team Builds “Dragon Dance”