Impact Centre launches program to connect Canadian and Chinese entrepreneurs

impact centre

The University of Toronto’s Impact Centre is working with Diantou.net, a Chinese investment platform, to strengthen the connections between businesses in Canada and China.

Over the next five years, the Impact Centre and Diantou.net will establish and run a soft landing facility and program for innovative technology companies who are interested in investment, setting up overseas operations, or selling to the Chinese market.

“The partnership between Diantou.net and the Impact Centre builds a bridge between China’s investment capital and market and the advanced technologies from the Impact Centre and across Canada,” said Chuan Feng, the general manager of Diantou.net. “Our efforts will strengthen the co-operation between Canada and China. Not only will more people in China enjoy the benefit of innovative Canadian products and services, we will also educate Chinese universities and students about technology transfer and company incubation so they can develop their own innovative startups.”

The program will be based in Nanjing and will provide technology, legal, marketing, and other services to companies, though the program will give preference to hardware companies. In Nanjing, the Impact Centre will run entrepreneurship training programs for local Chinese students, researchers, and startups.

Impact Centre has facilitated over 35 collaborations in 13 countries, from developing a solar lamp for rural areas in the Philippines and entrepreneurship training programs in Brazil.

Photo via Impact Centre

Jessica Galang

Jessica Galang

Jessica Galang is BetaKit's News Editor.