Ningbo Institute of Entrepreneurship and Innovation set up

Category: On The Campus
Published: Tuesday, 25 August 2015 12:08

Ningbo Institute of Entrepreneurship and Innovation was officially set up on the afternoon of August 21. Yang Liping, member of the Standing Committee of Ningbo Municipal Party Committee and Director of the Organizing Department, and Vice-mayor Chen Zhongchao, attended the opening ceremony of the institute and delivered important speeches. 
"To break the bottleneck of the traditional industries, Ningbo needs to realize transformation and upgrading, which is based on talents, especially the entrepreneurs with good understanding of the new economy and enough enthusiasm." said Jin Hui, one of the co-founders of the institute and Secretary-general of Ningbo Entrepreneurship Federation and Equity Investment and Venture Investment Association, who hopes to make up for the "short board" of Ningbo in venture education through market-oriented operations. 
The institute will mainly provide two kinds of core module courses, namely "growth camp for founders" and "accelerator for young entrepreneurs". It will invite over 50 industrial leaders and capital tycoons as mentors to conduct overall and targeted instructions for the new entrepreneurs, and aim to improve the entrepreneurial capacity of the entrepreneurs by setting up the venture resource platforms based on the industrial transformation and upgrading conditions in Ningbo. 
Meanwhile, the institute will promote the integration of venture education and specialized education, and gradually form a special educational system integrating courses, activities, training, and incubation. 
"Our target is to recruit 100 venture founders and 150 graduate entrepreneurs each year and cultivate them as new venture force. And in the meantime, we will cultivate, introduce and incubate a group of high-tech enterprises with leading technologies and innovative models, to create the entrepreneurial and innovative atmosphere in Ningbo." said a related person in charge from the institute.