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Sangel Capital Corp Joined to Review the Fourth China Startup Contest - Zhejiang Division and 2nd Zhejiang "Torch Cup" Startup Contest Semi-finals - Biomedical Session
Posted:2015-08-13 Hits:4464
Startups shoot up: No matter you're prepared, or still preparing, biomedical industry is blooming. A large number of high-tech biomedical companies have settled in China in recent years. A large number of elite entrepreneurs and overseas talents have enthusiastically been on the way to launch their own businesses with their years of experience, and advanced science and industrial technology.
Elites gathered: Biomedical industry is one of the strengths of Zhejiang Province. Previous Zhejiang Startup Contest winners have won two consecutive national championship awards in the China Startup Contest Finals. While encouraged by governmental policy and venture capitals, a lot of attendees joined this contest in Zhejiang. Comments from experts of Sangel Capital Corp: Experts from Sangel Capital Corp bring professional reviews and guidance for startup firms.
Bole meeting with Maxima: --Sangle Capital Corp Came at the right time to find promising startups. A chief review committee is composed of seven experts from related fields, including Dr. Zhang Huali, vice president of Sangel Capital Corp; Gu Bin, Chairman of Zhejiang Science and Technology Venture Capital Corp; Wang Yong, chairman of Rushan Investment; Zhangxu Wei, partner of Farsighted Investment; He Qin, CEO of Huafang Medicine; Xu Wanhong, general manager of ACEA Biology and Wuyuan Zhen, vice president of Nanjing Bank Hangzhou Branch. They provided professional reviews and guidance from different aspects, including technology innovation, technical feasibility, trade barriers, and business models. (Note: Maxima is a horse that has capability to run long distance while Bole is a person who is very good at find Maxima) Capital Support: The contest attendees showed high maturity to develop, were benefited by supports of capitals, and achieved some developmental breakthroughs. Some companies have made millions or even billions of sales. Among these attendees, three were National Equities Exchange and Quotations (better known as New Third Board). Eventually, with high-tech and fast developing potentials, Hangzhou DAC Biotech Co., Ltd., and Hangzhou Ustar Biotech Co., Ltd. won the opportunities to go forwards to finals. These two winners are favorite options for New Third Board PE capital investment. Wide eyesight –Global strategy of Sanger Capital Corp: While China startup completion is ongoing, the announcement that Sangel Capital Corp set up its first American branch were released and spread in venture capital field. Sanger capital has built its domestic and international investment strategies. Sanger expanded its capital investment to the developed countries in the world while seeking promising international startups.
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