Join the VC Startup Scout program in Shenzhen today! Benefit from unique networking opportunities and gain an insightful peek into the world of startups, all while enhancing your career prospects.
Shenzhen, a city in Southern China, has arguably become one of the most international hubs in the world for tech startups and Venture Capital (VC) firms. The city has gained recognition for being the home of many successful tech startups and giants such as Tencent, Huawei, and OnePlus. Shenzhen's support for innovation and entrepreneurship has allowed it to become a magnet for talent from across the globe.
Tencent, known for its social media app WeChat, is a prime example of success. After its launch in 1998, it has grown into one of the largest tech companies in the world with a worth over $400 billion. OnePlus, founded in 2013 by former OPPO vice president Pete Lau and Carl Pei, is another success story in the city. The smartphone manufacturer gained international recognition in a remarkably short time frame due to its high-quality products.
Shenzhen's robust startup ecosystem is heavily supported by the government. The city has introduced various policies for attracting and nurturing talent, including funding programs and incubators. For instance, the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone offers attractive tax discounts and subsidies for startups. Furthermore, the area of Nanshan, also known as the "Silicon Valley of China", is home to more than 11,000 high-tech companies.
There is also a focus on cross-border investments, making Shenzhen a hub for VC funds that channel money into and out of China. Companies like Shenzhen Capital Group, a leading investment holding company, aid in backing innovative companies nationally and internationally.
In just a few decades, Shenzhen has evolved from a small fishing village into a global hub for technology innovation and startup ventures. This progress can be attributed to the unique blend of government support, the influx of skilled workers, and an open market-oriented economy. The city's success serves as a model for other emerging regions aiming to become the next global tech hub.
Showing your skills in picking successful startups and advising founders is the surest way to build your reputation and secure a venture capital role.
Explore โYour community, region, or group thrives when its founders are given the chance to succeed before going back and reinvesting in their comunities.
Explore โEarn a share in startups you scout without the funds to invest directly just like a VC partner.
Explore โAs a podcaster, community manager, or event organiser you have a front-row seat to interesting startups which you can monetise by helping them fundraise.
Explore โBy identifying under-represented founders you're level the playing field for anyone to success based on merit independent from their social or ethnic background.
Explore โHelp your friends who are neck-deep in their startups get the funding they need to succeed.
Explore โOur Shenzhen office offers a unique opportunity for startup investors to receive dealflow opportunities from individuals, startups, and innovations coming out of the city. Join us to explore the future of investing in this dynamic hub of innovation.
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