New Force – Call for Medical Device Industry Partners with Up to RMB 10 Million in Rewards
This is not merely a call for submissions targeted at high-end medical device companies, but also a resonance between enterprises and industrial clusters.
Head to Shaoxing for New Momentum: Call for Partners in the Medical Device Industry Officially Launched
On June 23, 2020, the “New Force – Seeking Partners in the Medical Device Industry” project solicitation campaign was officially launched.Official Registration Website
New Force – Call for Medical Device Industry Partners is a joint initiative by the Shaoxing Yuecheng Medical Device Industry Innovation Service Complex and VCBeat, a professional service platform for the medical and health industry, to recruit industry and talent partners.
Shaoxing is a key city within the Hangzhou Metropolitan Area, as outlined in the development plan for the Yangtze River Delta urban agglomeration, and is also one of the priority cities in Zhejiang Province’s Greater Bay Area initiative. In 2019, Shaoxing was selected as a National Regional Innovation Center and received targeted policies and measures from Zhejiang Province to comprehensively support the cultivation of an innovative cluster for the life and health industry. The city aims to build an integrated innovation service platform for the high-end medical device industry and establish a trillion-yuan health industry system encompassing services, manufacturing, and R&D. Promoting industrial clustering has become a crucial strategic direction for the next phase of development in Shaoxing and its integrated service platform.
According to statistics, the market size of China’s medical device industry reached RMB 628.5 billion in 2019 and is projected to exceed RMB 900 billion by 2022, indicating substantial growth potential. Over the past decade, the number of medical device manufacturers in China has shown a consistent upward trend. To rapidly adapt to the pace of industrial development and advance the upgrading of the sector, VCBeat, in collaboration with the Shaoxing Yuecheng Medical Device Industry Innovation Service Complex, has jointly launched the “New Forces—Seeking Partners in the Medical Device Industry” call for entries. This initiative leverages the driving capacity of leading high-end medical device enterprises to help cities quickly incubate high-quality industrial clusters and foster the agglomeration of top-tier medical device companies.
Win-Win Cooperation: A Feast for High-End Medical Device Enterprises
The 2020 “New Force – Seeking Partners in the Medical Device Industry” initiative is primarily targeted atCompanies and individuals in the high-end medical device industry are seeking “Industrial Partners” and “Talent Partners.”
Among them,The high-end medical device industry includes, but is not limited to:
High-value consumables,such as vascular interventional devices; non-vascular interventional devices, such as orthopedic implants, pacemakers, extracorporeal circulation and blood purification, ophthalmic materials, and dental materials;
Medical devices,including but not limited to CT scanners, ultrasound systems, laboratory analyzers, MRI equipment, etc.;
Class IIIand Class II IVDetc.
Industry partners include, but are not limited to,：Startups, large corporations, and listed companies. Companies in the acceleration or maturity stage are preferred.
Talent Partners include, but are not limited to,：Corporate professionals, medical institution personnel, university/laboratory staff, research institute personnel, independent R&D practitioners, and others without prior entrepreneurial experience in China. Candidates with a master’s degree or higher, overseas entrepreneurial background, or proven technological achievements will be given priority.
To continuously strengthen the rapid agglomeration of the medical device industry and leverage the momentum of high-end enterprises to reshape the landscape of next-generation industrial clusters, Yuecheng District in Shaoxing provides corresponding policy support for all industrial partners and talent partners participating in project solicitations who establish their operations in the Yuecheng Medical Device Industry Innovation Service Complex.
Shortlisted by Expert ReviewIndustrial PartnershipIndividuals are eligible for the following local implementation policies in Yuecheng District, Shaoxing:A series of incentives including up to three years of rent-free premises, talent rewards of up to RMB 10 million, equipment R&D rewards of up to RMB 10 million, rewards of up to RMB 4.5 million for medical device product registration certificates, and partial tax rebates.
Shortlisted by Expert ReviewTalent Partner：Teams recognized as Category A, B, and C leading teams under the “Global Talent Program” shall receive funding of RMB 10 million, RMB 8 million, and RMB 5 million, respectively. Entrepreneurial talent projects and long-term innovative talent projects rated as Category A, B, and C shall receive funding of RMB 5 million, RMB 3 million, and RMB 2 million, respectively.[For details, please consult]
This event adopts an online submission format and is conducted in three phases: Partner Recruitment, Shortlist Review, and Shortlist Announcement. In accordance with the principle of voluntary participation, participating enterprises or applicants shall register uniformly through the official cooperation website. No fees are charged for this event. Within five business days after receiving the applicant’s materials, the organizer will contact the applicant by phone. The final review results will be publicly announced on the official cooperative media outlet, VCBeat.
| Stage | Form | Schedule |
| Partner Recruitment | Online Call for Submissions | June 23–August 10 |
| Shortlist Review | Online Review | August 11–August 15 |
| Shortlist Announcement | Online Publication | August 16–20 |
For details, please consult:
Ms. Xi: 18983979365 WeChat: sydney19990
Ms. Tang: 18015737998 WeChat: tw20082011
Remarks:Please note “Call for New Force Partners” when adding.
In August 1988, the state launched the Torch Program—a plan for the industrialization of high and new technologies—explicitly proposing the establishment of High-Tech Industrial Development Zones and High-Tech Business Incubation Centers. This marked the beginning of the era of industrial cluster development in China, with the healthcare industry cluster entering its nascent stage. After three decades of development, healthcare industry clusters centered around the major economic belts of the Bohai Rim, the Yangtze River Delta, the Pearl River Delta, and the Central and Western regions have taken shape. Meanwhile, alongside the rapid advancement of China’s medical and health sector, the substantial growth in research, technology, production, and ecosystem has imposed new demands on these industrial clusters.
In terms of the agglomeration pattern of the medical device industry, cluster development has evolved from the initial physical co-location of similar enterprises in industrial parks to a focus on the aggregation of innovation service elements, achieving the regional integration of various components within the innovation ecosystem. The Yuecheng Medical Device Industry Innovation Service Complex was officially approved in 2017, construction commenced in 2018, and it was formally inaugurated on May 28, 2019. In March 2020, the preparation for comprehensive innovation service platforms, including the Complex and the Medical Device 3C Platform, was initiated.
To better serve innovative enterprises within the industry, the Yuecheng Medical Device Complex has implemented a comprehensive design encompassing physical infrastructure, resource interoperability, and financial support:
Physical Infrastructure: The complex features public services, exhibition spaces, public laboratories, testing platforms, shared cold-chain facilities, business incubation services, and warehousing centers, with public service areas exceeding 10,000 square meters.
Interconnection of Innovation Resources: This includes the two major hospital systems of Shaoxing local hospitals and Peking University Medical, three provincial-level key enterprise research institutes, twelve academician/expert workstations, two provincial-level key laboratories, and an innovation R&D platform encompassing the scientific research and student resources of twelve local universities.
Financial Support: A special fund of RMB 300 million for medical devices, a talent fund of RMB 500 million, and a major healthcare industry fund of RMB 10 billion. Special incubation start-up funds ranging from RMB 2 million to RMB 10 million per entity are established to support talent introduction. Multi-dimensional financial support and guarantees are provided, including registration certificate rewards of up to RMB 5 million per entity annually.
Evaluation System: The complex is evaluated based on the completeness and effectiveness of its innovative service system, guiding the government and management to provide professional and precise services for enterprises.
Riding the Momentum, Resonating Industries: The Shaoxing Yuecheng Medical Device Industry Innovation Service Complex Looks Forward to Co-Creating the Future with You.
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