China's first incubator how to transition? 1000 corporate life and death became a training package archives dark horse, she said: Do not think incubator within the system is very rigid, Donghu create examples proof \u0026 ldquo; ginger or the old lady \u0026 rdquo ;. 28 years ago, creating a total of Donghu hatched nearly a thousand enterprises, including seven listed companies, but also worked out a unique method of incubation. Wen | i horse Lou month Edit | Wang Ji Incubators Name: Wuhan East Year Established: 1987 Their type: integrated hatch-type main features: not deliberately screened for incubating companies can use their own credit lines for lending to projects hatch provide regular consultation services to help solve problems incubated project technical, financial, teamwork, equity and other aspects. In 1959, the world's first incubator Batavia Industrial Center in New York was born. In 1987, China's first incubator was founded in Hubei Province, this called \u0026 ldquo; Wuhan East Lake New Technology Venture Center \u0026 rdquo; (hereinafter referred to as \u0026 ldquo; Donghu Year \u0026 rdquo;) incubator has gone through 28 years of history. Fast iterative business world, seniority is not a significant advantage old, but Donghu record changes constantly adjust posture, with the strength to prove the \u0026 ldquo; ginger or the old lady \u0026 rdquo ;.
Here, there is the country's most senior incubator of talent, there is the incubator industry tutorial over 1000 startups and death records, as well as the system. 28 years ago, creating a total of Donghu hatched nearly a thousand enterprises, including seven listed companies. Kaidi Electric Power, three Teso Road, where the Valley Electronics, Chutian Laser, measuring State Science and Technology, Intepower etc., have grown into a well-known enterprises. The earliest start practice Peoples \u0026 ldquo; A few days ago I joked, \u0026 lsquo; highly entrepreneurial \u0026 rsquo; this concept, although Prime Minister Lee should be put forward, but we are the first practice. \u0026 Rdquo; Cuijian Li Donghu Chong is Managing Director, he told the 'entrepreneur' correspondent, the early years of a lot of government-led incubator rather empty, should be strictly in accordance with the criteria for the selection incubating companies. The Donghu create hit the door early in 2004, welcomed the various entrepreneurial ambition team settled. This is also from talking about creating a market-oriented reform in Wuhan East. Since 2000, the Wuhan create the original framework for restructuring, it became the first institution for the restructuring of the company by the operation of technology business incubators. In 2001, by way of self-pay funds to community-targeted business people \u0026 ldquo; Optical Valley venture Street \u0026 rdquo; officially started. In 2004, the Optical Valley venture Street built Donghu create incubator area expanded from 20,000 square meters to the past 280,000 square meters. Prior to this, incubating companies must comply with the Ministry of Science of standards, such as only bio-pharmaceuticals, software development, new materials, mechanical and electrical integration, and other high-tech areas of business are eligible to apply. However, the traditional rules and regulations need to be broken, on the one hand, if also continue past standards, high-tech enterprises alone can not fill 280,000 square meters massing Optical Valley venture Street, facing cost pressures Donghu record will suddenly increase ; on the other hand, some of the venture has a good market prospects, and even its own funds, if rejected, some good on this project is likely to die. \u0026 Ldquo; gradually relax our standards, as long as you have the entrepreneurial will, there are some funds and teams, as well as a relatively mature product, it can be settled. \u0026 Rdquo; Cuijian Li said that cosplay costumes for sale at present nearly 400 Optical Valley venture Street incubating companies, two-thirds of companies fall into this category. Since there is enough space incubator,
Donghu not deliberately create general screening for incubating companies. In 崔建立 opinion, this is \u0026 ldquo; public a \u0026 rdquo; a reflection of the practice. \u0026 Ldquo; companies like Alibaba start-up period, a lot of people feel weird, even for investors on projects to control not so precise, so do not deliberately screening is so afraid of missing stars of the future. \u0026 Rdquo; original value-added services, according to Cui Jianli, in addition to basic services, Donghu create some unique business services. First, create Donghu do with "dragon ball z wigs " their own property 200 million yuan of bank credit, which took out 120 million yuan for the incubation business loan collateral. For regulatory capital out of the situation, Donghu record established a special financing service platform. Incubated enterprises if the demand for loans, the first to apply on this platform, joint evaluation by the incubators and banks. After the loan in place, companies use this money can be monitored and managed via the online platform. \u0026 Ldquo; generally small businesses without collateral, or credit and market is not very clear, it is difficult to apply to bank loans.
Our own credit line equivalent to the degree to let incubated enterprises, bank online financing platform loans first call us, we'll get back to business. \u0026 Rdquo; second, the development of the industry service platform \u0026 ldquo; \u0026 rdquo ;, keepsake treasure of technology products to help enterprises promotion and marketing, representing companies more of a marketing channel. Third, the regular business consultation. Founded 28 years ago, creating Donghu has accumulated more than 1,000 enterprise project archives, of which 20% is to survive, and the other 80 percent are dead. \u0026 Ldquo; we do regularly analyze and summarize why firms fail, successful companies will also continue to observe, refine the reasons for their success, and have encountered difficulties. \u0026 Rdquo; With the above analysis of the accumulation of archives, Donghu consultation team will create enterprises in incubation for consultation and guidance. The problems faced by start-ups usually technical, financial, teamwork, equity on the consultation department is the right medicine and counseling. Cui Jianli believes Donghu invasive consultation service is better than business mentor, as business mentors are the industry leader, leading companies have been great, they have not put forward solutions for small businesses. \u0026 Ldquo; We have seen too many start-ups of life and death, summed up a series of successes and failures, the conclusions and recommendations of our diagnosis, are more objective and fair. Business mentor for entrepreneurs, more spiritual encouragement. \u0026 Rdquo; Cuijian Li clearly remember, a set-top box developed incubated enterprises market prospects are very good, also received venture capital, but it was an internal dispute between shareholders, each partner thinks he's made great contributions, deserves more Multi-equity ratio. Donghu create this organization a legal and financial personnel of the consultation team, and this enterprise for the exchange their confidence. \u0026 Ldquo;
Our recommendation is that the project development up to now is not easy, if you stop the development of disagreements led to the company, the market was taken away, the project certainly die, and that time no matter how much in the hands of the shares are zero. \u0026 Rdquo; the company listened to the Wuhan East invasive recommendations internally adjusted quickly back on track. How to develop talent incubator watch industry in 崔建立, an incubator for many years to cultivate talent is the Wuhan create a valuable asset, nearly half of the employees have been working here for more than 10 years. \u0026 Ldquo; this industry with schools, hospitals and a bit like a more senior teacher, the doctor, the more sharply pointed out the problem, the incubator of talent is also true. \u0026 Rdquo; to 崔建立 himself as an example, in 2000 after graduating from Wuhan University, he came to Wuhan East record, after investment adviser, park investment, business services and other positions. In 2007, he was sent to the Wuhan even create joint investment of a business as chairman, participate in the operation, go to hiring, developing business plans, but also to do promotion, need to face a series of problems the company's growth. \u0026 Ldquo; for us is to exercise and upgrade, when you come back to do business service, you will be able to have more resonance with the business, truly understand the needs of enterprises. This process takes a long time of accumulation, can not crash. \u0026 Rdquo; Donghu incubated enterprises create direct service sector is the Enterprise, has nearly 30 employees, they have different service orientation, they can always be combined according to business conditions. The proportion of service personnel and incubated enterprises, serving an average of 20-30 companies. First, such a ratio based on years of experience Donghu record precipitation, and second, the United States incubator industry will have a radius of provisions incubated companies can not too much, otherwise the effect will be diluted incubation.
In Cuijian Li's eyes, each service is equivalent to a teacher, he was responsible for corporate level equivalent to different students. \u0026 Ldquo; he needs dozens of companies to rate this ranking, which is you do not need to intervene too much, which is the need to help and which is totally not help and may even be dead, his mind to There are very clear judgment. Only in this way, in particular the process of incubation services, we can offer different services for different customers, it is entirely routine teacher. \u0026 Rdquo; Copyright: The author Lou month, editor Wang Ji, the article is original, i horse Rights Reserved For reprint please contact zzyyanan authorization. Unauthorized Bhd. 2015 Dark Horse Competition National projects Application hot in Shanghai, Chengdu, Hangzhou, Nanjing, Wuhan and other cities lie after another opening, the Shanghai Railway Station end of June and death note for sale the cultural and creative industries O2O special race, project registration, please click on the image below into the dark horse contest!