Nearly 300 innovative enterprises and investment institutions participated in the 2018 China Science and Technology Entrepreneurship Program Competition & AngelChina Science and Technology Innovation Competition-Shanghai Railway Station Artificial Intelligence & Intelligence Manufacturing.
The event was jointly sponsored by the Postal Savings Bank of China (PSBC) Shanghai, Ningbo Innovation and Entrepreneurship Management Service Center, the AngelChina and Shanghai Flag Capital in Shanghai on April 18, 2018.
The AngelChina Science and Technology Innovation Competition has organized more than 100 financing road shows and served 5,000 scientific and technological innovation enterprises. Around 800 investors were invited as guest judges. A total of 1.2 billion yuan (189.3 million U.S. dollars) has been raised to benefit 70 enterprises.
High-quality projects were selected for the road show in Shanghai, for example, an artificial intelligence mobile hospital, an intelligent medical robot, an Amy robot, wireless charging solutions, and so on.
PSBC Shanghai will have a service follow-up for the competing enterprises. The bank not only provides credit, investment and financing services for small and medium-sized enterprises, but also provides legal, market, intellectual property rights, training and communication services, thus helping these enterprises improve their governance structures and standardize financial actions.