A year new 12 “unicorn” enterprises Hangzhou with what?
Published on: March-03-14,2019
“Unicorn” is a hot word for entrepreneurship and innovation. Not only do entrepreneurs want to be unicorns, but investors want to invest in unicorns, but the number of unicorns is also an important indicator of the city’s entrepreneurship and innovation environment and future development potential.
So how many “unicorn” enterprises are there in Hangzhou, the city of innovation and vitality? How well are these “unicorns” growing up?
Just now, the third Everything Growth Conference has reviewed the entrepreneurship and innovation ecology in Hangzhou in 2018, and released two heavyweight lists of Hangzhou “unicorns” enterprises and companies with more than 100 million US dollars (quasi- “unicorns”).
Last year, the Growth Conference released the unicorn list for the first time. A year later, Hangzhou’s entrepreneurship and innovation power has undergone surprising changes. Some unicorns have gone public, some quasi-unicorns have been upgraded to unicorns, and more dynamic new forces have joined in.
According to the list, there were 30 unicorns and 138 quasi-unicorns in Hangzhou in 2018. These enterprises are mainly concentrated in e-commerce, advanced manufacturing, medical and health care, automobile transportation, enterprise services, local life, real estate services, culture, entertainment and sports, science and technology and finance, education, games and other fields.
“Last year, Hangzhou created 12 new ‘unicorn’ companies, including Auto Superman and netease Yanxuan.”Zhou Kaiping, chairman of Hangzhou High-tech Investment Co., Ltd. and rotating president of Hangzhou Venture Capital Association, mentioned when interpreting the list that Ant Financial, the world’s largest unicorn in Hangzhou, was born in Hangzhou.
“Looking at the distribution field of the 30 enterprises, 90% of them are related to mathematical economy, which is also the ‘confidence’ for Hangzhou to build the first city of digital economy.”Zhou bing explained that in recent years, the proportion of” unicorn ” enterprises in the medical and health field in Hangzhou is also increasing, which is related to people’s increasing demand for health care, and Hangzhou’s continuous attention to the development of great health.
Why can Hangzhou continuously breed unicorns?
Zhou Kaibing believes that innovation and entrepreneurship is an overall ecology, which requires the collection of various elements of the government, society, universities, capital and other factors. Hangzhou’s entrepreneurial ecology has a strong competitiveness in the whole country. This is also the internal power for Hangzhou to produce so many ‘unicorns’.
“But at the same time, we should also realize that the ‘unicorn’ is only a stage of the development of enterprises. Only by insisting on uncertain innovation can more high-quality enterprises be born.”
It is understood that the third Everything Growth Conference is hosted by Hangzhou Municipal People’s Government and China Investment and Development Promotion Association. As a great event in the field of innovation and entrepreneurship in Hangzhou, the conference, with the theme of “Believe in the Future”, attracted more than 2,000 people from the entrepreneurial and investment circles to participate, and many heavyweight entrepreneurs and investors gave wonderful keynote speeches and dialogues.
The conference also selected five awards, including 2018 annual entrepreneur, new entrepreneurial star, investment figure, new investment star and entrepreneurial service institutions, a total of 67 entrepreneurs, investors or institutional representatives on the stage to receive the award.
(Source: Zhejiang Online)