Suzhou Industrial Park Bio Bay
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Transcript of Suzhou Industrial Park Bio Bay
• Ranked by Newsweek as one of the top 9 tech cities globally, and the only city selected in Asia
Located in Suzhou, China area – the heart of economic development and scientific discovery
Bio & Nano Technology Development Company
• Established Oct., 2005• Capital investment of US$68M• Business scope:
Provide an unparalleled incentive and service package to attract global companies with a focus on the development of Bio and Nano technology
• Shareholders: - SIP Venture Capital Co.- SIP State Assets Holding Co. - SIP Tech. Dev. Co., Ltd.- SIP Education Dev. Inv. Co.
Suzhou Industry Park
• Location: Dushu Lake high education town, an academic center for scientific discovery and talent pool
• Suzhou: Global healthcare industry sector
Provides a strong R&D environment with an excellent population of trained scientists
• 50% – Research and Development
• 20% – Production
• 30% – Commercial & residential
Scientific planning for 863,000 m2 (=9.29mio ft2)
R&D platform for life science, Custom production, educational resources
• R&D facility
• Scale-up facilities
• Main building complex
• Residential & catering facilities
Phase I: 156,000 square meters campus
• Construction begins March, 2006
• Phase I opens March, 2007
• Instrument platform in place March, 2007
• Animal testing facility open March, 2007
• Very affordable, globally competitive state-of-art facilities
• Government-funded science/technology development assistance
• Talents relocation subsidies
• Favorable tax credits
• Financial supports
Economic Incentives
• Capital investment support: Life Science development fund (Angel Fund)
• Life Science development incubator
• Financial guarantee support
Financing Support
• Science-based policies which promote scientific discovery
• State-of-the-art facility & equipment
• Centralization of sourcing
• Legal and regulatory advisors
• Financial & taxation advisors
• Recruiting & Training services
• IP registration search
• Venture capital financing etc.
Scientific Incentives
To be the premier destination for the world’s most innovative scientists in the biotechnology and nanotechnology industry
Vision Statement
http://www.sipac.gov.cn http://tech.sipac.gov.cn
Find out more here: