Medical device projects —— up to 5 million RMB each project
Biomedical projects —— up to 3 million RMB each project
Funding comes from Guangzhou Development District
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. Since its establishment, BIG has settled 17 projects from Israel, Britain, mainland China and other places, 5 of them have successfully graduated from the incubator.
The cooperation between Guangzhou International Bio Island and Dr. Shuki Gleitman’s team was forged
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
Guangzhou Sino-Israel Bio Industry Investment Fund (GIBF) was launched
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)
The Guangzhou Sino-Israel Bio Industry Incubation Center was launched in Guangzhou International Bio Island, embracing its first two projects for incubation
First project graduated and exit the incubator
Guangzhou Sino-Israel cooperation has been included in the 14th Five Year Plan of Guangzhou
Version 2.0 of the special fund policy was released
Automatic cell production system
AI Fungi diagnosis system
Innovative disposable stone extraction basket
Medical data sharing system based on blockchain Technology
Combat memory loss and cognitive impairment by preventing synaptic failure
Generic drugs on the synthesis process of esomeprazole magnesium
“Nano-Beam” technology for cleaning and sterilization of medical Instruments
Artificial intelligence dental software
Injectable peptide hydrogel for glaucoma filtering surgery
Early children health management platform
Unique drug carrying gel sticking technology and drug skin penetration technology
An innovative attention-analysis engine (APE) based on artificial intelligence
Bioactive coral bone graft for dental and orthopedic indications with unique technology
Developing China’s first third-party independent mycology diagnosis lab for diagnostic detection of invasive fungi
Medical device projects —— up to 5 million RMB each project
Biomedical projects —— up to 3 million RMB each project
Funding comes from Guangzhou Development District
From 2 to 5 years
Can only be used for R&D costs
When the project achieves significant financial results—such as substantial revenue or new financing—a set percentage of the funds should e returned to the government so it can keep supporting new projects.