A ‘sure thing’ funding pitch in China

I am back in Wuhan, Hubei Province, pitching for grant money.

Wuhan Biolake, two hours flight time west of Shanghai, runs an annual funding competition called ‘The 3551 Scheme for Talents’, providing ‘free money’ to enterprises that bring high quality technology and technical knowledge to Wuhan.

chinaProvinces-704548The 3551 competition is a fantastically successful program and is worth entering, if anyone is interested. Winners gain up to £500k in cash for use ...

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China: where should you locate your business?

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When in China, many government-sponsored science parks vie for your attention and investment.

In my first China trip of 2014 I visited the new science and innovation park in Benxi, just South of Shenyang in the North East of China and only around 100 miles north of Dandong/Sinuiju on the North Korean border, where we sought to engage with the local cluster. Luckily we brought along two products that gained immediate buy-in from ...

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New Chinese Funding Source open for business

Dynasty Biotechnology is pleased to announce commencement of a major partnership with Cambridge-based Nuformix in a long term, multi-product agreement.

The Nuformix biobetter products fit perfectly within the Dynasty portfolio of China-relevant assets to be developed and commercialised in China and rolled out to non-China markets. “We are delighted to be working with Nuformix and to come to agreement on the first set of assets,” commented Dynasty CEO Dr Simon ...

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China Beckons

The first point I would like to make about trips to China is this: you soon discover that, despite not understanding their language culture or politics, we in the UK have more in common with the Chinese folks one meets than with the Americans. The Chinese and English are as one people, divided by almost everything except the importance of relationships. And in China, relationships are everything.

This China trip is part of what appears to be my Grant Application Month. First there ...

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Team Kapital raises £3.9m for CompanDX in China

CompanDX Limited, the Nottingham Trent University spinout applying novel bio-informatics technology to the issues of personalised medicine, is pleased to announce the raising of 39,600,000 Renminbi (CN¥) for development of products in China. CompanDX was advised by Team Kapital: TK founder Simon Haworth is currently operating as CEO of CompanDX Limited.

“This is an extraordinary step for an early stage technology company and allows us to put a significant capital sum to work,” says Chief Executive Dr Simon Haworth. “The China ...

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Chasing the dragon? Setting up in China

So, as the ‘white wine’-induced hangover wears off, I realise that I have a new addiction: China.

China is a heady drug for anyone involved in biotech, cleantech or IT, representing a massive potential market, a source of significant funding – both in terms of grant and investment – and offering the potential for rapid product development. It is also a frightening, challenging, bureaucratic, unknown business environment with alien culture and, at first sight, inpenetrable language.

This series of blogs ...

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