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dingding 2014-01-15 09:54

INNOSPRING PARTNERSHIP WITH TSINGHUA X-LAB

INNOSPRING SIGNS PARTNERSHIP WITH TSINGHUA UNIVERSITY X-LAB

Contact:  Xiao Wang                                                     FOR IMMEDIATE RELEASE
Phone: 1.650.346.0770 (US Cell)
Email: xiao@innospring.net

INNOSPRING SIGNS PARTNERSHIP WITH TSINGHUA UNIVERSITY X-LAB

January 13, 2014, InnoSpring Offices, Santa Clara

InnoSpring is proud to be cementing our already deep and fruitful relationship with Tsinghua University by becoming the official host of Tsinghua x-lab’s Silicon Valley Launchpad. This center will expose x-lab to Silicon Valley’s rich innovation ecosystem, provide a base for Tsinghua researchers, students, and entrepreneurs and embed them in InnoSpring’s network of talent, investment, and ideas.

Professor Qian Yingyi, Dean of Tsinghua University School of Economics and Management, introduced x-lab as an innovative interdisciplinary educational platform aimed at cultivating talent for entrepreneurship and innovation at Tsinghua University. He stressed the dynamism of x-lab’s “3-I approach: Imagine, Innovate, Implement” and raised examples of current student projects in the cleantech and energy fields. InnoSpring founder and CEO Eugene Zhang, a Tsinghua alumnus himself, said at the unveiling that he was honored to be a part of establishing this fresh educational model in Silicon Valley. He noted that x-lab, located on the ground floor of Tsinghua Science Park in Beijing, was the Chinese version of the classic American garage startup.

This workstation will be the first of two bilateral innovation workstations established with Tsinghua’s x-lab. Both x-lab’s Silicon Valley launchpad at the InnoSpring offices and InnoSpring’s hub on the Tsinghua campus in Beijing will work to promote innovation and entrepreneurship through increased cooperation and communication. By pooling resources and shared development teams InnoSpring and x-lab will be better able to achieve their missions of promoting borderless innovation and advancing our applied understanding of management science.

As one of Silicon Valley’s premier global startup accelerators, InnoSpring is uniquely positioned to work together with x-lab to foster borderless breakthroughs in the technology field. The shared innovation launchpads will provide a solid base for Tsinghua students; faculty, and alumni involved in entrepreneurship; connect InnoSpring and x-lab to each other’s ecosystem for talent, opportunity, mentorship, and investment; organize bilateral activities promoting Chinese-American cooperation; and facilitate the more efficient and effective pooling of resources.

InnoSpring is the Global Start for Startups. Its focus is on encouraging startups to expand beyond their home countries to lead huge market opportunities in the US and China, and beyond. Founded in 2012, InnoSpring is Silicon Valley’s first US-China technology start-up incubator. It is a joint project between Tsinghua University Science Park (TusPark), Shui On Group (Shui On), Northern Light Venture Capital and Silicon Valley Bank (SVB). InnoSpring is located in Santa Clara, California.

For more information please visit: www.innospring.net

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