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Innovation & Entrepreneurship

Shenzhen-Hong Kong Innovation and Entrepreneurship Base for College Students (Entrepreneurship Park of Shenzhen University)

Entrepreneurship Park of SZU was established in July 2009 and set up the Entrepreneurship Park Management Committee to coordinate its development and management. The Committee is led by the head of the University, and other members include the heads of the Principal’s Office, Human Resources Department, Supervision and Auditing Office, Finance Department, Logistics Department, Postgraduate Department, Student Department, Youth League Committee, Academic Department, Experiment and Equipment Department, Science and Technology Department, Social Science Department and Alumni Association.

The first phase of theEntrepreneurship Parkis located in High-tech Park in Nanshan District, Shenzhen, covering an area of 690 square meters. In 2010, Shenzhen University increased its investment, moved theEntrepreneurship Parkinto the campus and expanded the park area to 2,000 square meters. In addition, the school introduced professional consulting agencies in the form of purchasing services to provide systematic entrepreneurship training for students with innovative entrepreneurial intentions. It also provided one-stop services for students’ entrepreneurial projects and entrepreneurial teams, such as consulting, diagnosis, information, and intermediary services including government preferential policies for entrepreneurship support, subsidy policies, and consulting and agency for business, law, and taxation.

In May 2015, the school cooperated with Shenzhen Education Bureau, Municipal Foreign Affairs Office (Hong Kong and Macao Affairs Office), Youth League Committee and Shenzhen Polytechnic to jointly establish the Shenzhen-Hong Kong Innovation and Entrepreneurship Base for College Students relying on the construction and development of the school’s Entrepreneurial Park. The aim is to build four platforms, including innovation and entrepreneurship education, start-up enterprise public welfare incubation, accelerated incubation of mature enterprises, and innovation of enterprise clusters, for young college students in China Mainland, Hong Kong, Macao and Taiwan. It is to gather makers, creativity, innovation, projects, capital, industrial chain and market, as well as to integrate entrepreneurship education, entrepreneurship training, entrepreneurship incubation, venture capital financing, equity crowdfunding, and maker space to provide a one-stop entrepreneurial service for young college students among Four Places across the Taiwan Straits.

After 2015, the school made full use of the central government’s special funds for the development of local colleges and universities, special funds for high-level university construction, daily school funding and social donations, and set up the Shenzhen University Student Innovation and Development Fund. It allocates more than 10 million yuan each year to support students’ entrepreneurial projects, providing funding, guidance, activity venues, and communication platforms.Entrepreneurship ParkSZU issuedA Funding Guide for Entrepreneurial Project of Shenzhen-Hong Kong Innovation and Entrepreneurship Base for College Students (Entrepreneurship Park of Shenzhen University), and strived to use the market mechanism to optimize the funding cycle and model. From 2009 to the first half of 2018, the investment in personnel, funds, venues, water and electricity, and property in theEntrepreneurship Parkwas equivalent to more than 30 million RMB, and the funds for supporting students’ entrepreneurship were 18 million RMB.

According to the report of the third-party data survey agency, the proportion of graduates’ self-employment of SZU is significantly higher than the average of National Key universities. As of the first half of 2018,Entrepreneurship Parkhas incubated a total of 271 college entrepreneurial enterprises (including 15 projects for Taiwan, Hong Kong, Macao and ethnic minorities with a total subsidy of nearly 500,000 yuan),with 70% of teams continuing their business, 5 companies with sales or market value of more than 100 million, and nearly 30 companies with more than 10 million.