2015
Guangzhou Sino-Israel Bio Industry Investment Fund (GIBF) was launched
2013
Guangzhou was approved by the National Development and Reform Commission as one of the four key regions in China for high-tech industrial cooperation between China and Israel
2012
The cooperation between Guangzhou International Bio Island and Dr. Shuki Gleitman’s team was forged
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ABOUT US
Guangzhou Sino-Israel Bio-Industry Incubation Center(“BIG”) was established in August 2018 with its mission to promote the development cooperation of the biological industry, fully benchmark from the Israeli government's model of supporting innovation and entrepreneurship, issue new policies in light of local conditions to identify and invest in promising medical device and drugs from all over the world and bring them to Guangzhou.
2017
Incubator management company – Guangzhou Yisheng Investment Company was established
A special fund policy to support incubation projects from BIG was released by Guangzhou Development District (Guangzhou Huangpu District)
2020
First project graduated and exit the incubator
Guangzhou Sino-Israel Bio-industry Investment Fund
On August 11, 2023, the Sino-Israel Bio-Industry Incubation Center (BIG) signed a Memorandum of Understanding for Joint Innovation Incubation with Danaher Corporation and Guangzhou International Bio-Island Group at the "Greater Bay Area Industry Innovation Forum and Danaher Day" in Guangzhou.
The three parties will integrate their respective strengths and resources to conduct close cooperation in the fields of fund investment project selection and project incubation, promoting the development of Guangzhou's biopharmaceutical industry.
This cooperation will significantly enhance the research and development capabilities and industrial promotion efficiency of BIG and Bio-Island. It will enable us to better identify and support promising biopharmaceutical projects, accelerate their transition from the laboratory to the market, and further enhance Guangzhou's core competitiveness in the biopharmaceutical industry. We look forward to seeing more innovative biopharmaceutical projects emerge in Guangzhou.
On June 27, 2023, the Guangzhou Development Zone and the Development and Reform Bureau of Huangpu District, Guangzhou, issued the "Management Measures for the Special Fund of the Sino-Israel Bio-industry Incubation Center(BIG) in Guangzhou Development Zone" (Guangzhou Huangpu Development and Reform Regulation [2023] No. 1).
This policy comprehensively optimizes the original 2017 policy and increases support. Projects that join BIG can receive up to RMB 3 million (for medical devices) or RMB 5 million (for pharmaceuticals) in support and enjoy international "one-stop" incubation services by residing in BIG.