Hear more about this story and how it developed on the Peninsula Report podcast >>
One year ago today, the first U.S.-China startup incubator in Silicon Valley, InnoSpring, opened its doors. Today, the first InnoSpring company, a mobile security business called Trust Go, is leaving the incubator and spreading its wings in the public market.
Based in Santa Clara, InnoSpring’s first incubation class started in April 2012 with 12 companies.
“Our mission is to help early-stage U.S. technology companies to expand into the Chinese market, and give China-based startups resources to explore the United States,” said Eugene Zhang, CEO of InnoSpring.
Now InnoSpring has about 40 companies under its wing. Incubator perks include funding, mentoring, workshops, access to venture capitalists and angel investors, physical space, and, most importantly, special referrals that help foster cross-border development.
View this video to meet Zhang and some of the startups working in this U.S.-China technology incubator.
[youtube]_Rzx_AS2C4U#![/youtube]
[soundcloud url=”http://api.soundcloud.com/tracks/94653135″ params=”” width=” 100%” height=”166″ iframe=”true” /]
