With an investment of over 700 million yuan, a 66,500 m² Greater Bay Area Innovation and Entrepreneurship Incubation Base was opened in Guangzhou on March 29. It will serve as a platform with functions of training, exchange and incubation for Hong Kong, Macao youths.

(Photo / Guangzhou Daily)

The incubation base is co-established by the Human Resources and Social Security Department of Guangdong and the government of Tianhe District, Guangzhou. It has attracted a first batch of 51 projects covering AI, new generation of information technology, new materials, new energy and other cutting-edge scientific sectors.

Equipped with facilities such as a roadshow hall, conference center and book bar, the base provides thoughtful services for entrepreneurs. It also sets up a product experimentation area with equipment for product design, 3D printing, precision measurement and so on.

"The experimentation area is very attractive, since we will use 3D printing devices frequently when making action figures," said Lliu Qiuyue, the chairman and general manager of Very Cool Model (Hong Kong) Limited. With design professionals and branding in Hong Kong, now they want to explore the Chinese mainland market after integrating the resources in the Greater Bay Area.

(Photo / Guangzhou Daily)

Currently, the base has begun the recruitment process for the second batch of projects and has received 69 applications, with almost 70% are estimated to be operated by Hong Kong and Macao entrepreneurs.