The global program aims to pool resources and integrate and accelerate startup projects the incubator is fostering in the eight countries it operates in: Israel, Germany, Russia, China, Korea, the United States, France and Finland.
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The program is open to all startups that are interested in entering the Chinese market, and will offer an offshore training program that will help entrepreneurs and their employees become familiar with the Chinese market and government policies. The program also includes meetings with investors and a trip to China.
Zheng Xiaoxing, general manager of Techcode China Innovation Center in Israel, said that Israelis are very good at technology, but they lack the ability to integrate their products into wider systems. Their drawback is fragmentation, she said at the event.
Part of Techcode’s scope is to not only to introduce Israeli companies to China, but to match them up with Chinese partners, so that their products can be integrated into larger systems.
Intelligent transportation is one of the most important industries in the world, she said. Automotive technology affects national economies and people’s livelihood. Xiaoxing called on experts in the Chinese automotive field and Israeli startups to discuss and build a joint platform, to enable Israeli automotive companies to enter China.