By Julia Beabout, PE
Although the trade mission officially ended on Friday, there was an opportunity to visit one more business in the low carbon development sector on Saturday morning before heading home: a business incubator sponsored by the Shanghai Industrial Finance Investment LTD (a.k.a. SHIF).
SHIF has two missions: First, to invest in promising start-ups by providing capital and on-site office resources. As part of this process, they can also facilitate the legal and governmental resources that new businesses need to get going in China. Their portfolio includes several international sustainable businesses that focus on green building consulting and products, such as green walls and water treatment. Second, they undertake development projects of their own in which they apply sustainable building principles and rating systems, as well as participate in green building data exchange.
SHIF has entered into a partnership with the United States Green Building Council (USGBC) to promote green building technologies and services in China. As part of their agreement, some of their services are available to USGBC members for free.
SHIF incubator facilities are located in the northeast section of Shanghai near Fudan University and Shanghai University of Finance and Economics. They offer a beautiful, quiet oasis in the midst of the bustling city. Office rents are as low as a few hundred RMB per month. Low cost, subsidized residential apartments are also available for startup staff. The closest subway stop is currently at Fudan University, however, the subway will soon be extended to within convenient walking distance of the incubator campus.
Additional information is available through email@example.com
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