IASP-logo@2x kopia
Title:
Inspiring Solutions
Subtitle:
TuStar Plan
2017_07_26_China_TusHoldings_TusPark
By Tsinghua University Science Park - TusPark, Year 2014 1st place winner, located in China
Keywords: education, incubation, startups
Main users: Resident companies or institutions
Launch date: 
Describe your solution in 50 words or less
TusStar Plan is formed of four parts: 1. Incubation services: Based on the experience of the TusPark Business Incubator in technology and innovation services, offering a full range of services and solutions to enterprises. 2. Business training: Relying on Tsinghua University and Tusholdings resources to supply Tutor Matching, Entrepreneurship Courses and an Entrepreneurial Salon. 3. Angel investments: TusPark Incubator started an innovative trend of ""Domestic Incubator + Investment"" in China. Its mature operation mode will provide more professional investment services for firms. 4. Opening platform: Integrating overall resources to make a comprehensive publicly supported innovation platform for entrepreneurs. In February 2014, by integrating resources, TusStar Entrepreneurship Camp was launched to create a fenceless Tuspark.
What is the purpose of your solution
Improving traditional incubation services and adapting to the current global economy and its needs. TusParks extensive experience helps to move away from the traditional ""hatching field concept of incubation to focus on investment and services in order to build the new ""quaternity method"" incubator. With the aid of global incubation network of Tusholdings, global entrepreneurs can participate in the TusStar incubation programme and take advantage of TusParks incubator services. It draws on Tusparks 20 years"" incubation experience to provide complete solutions and services for start-ups, as well as supplying an efficient entrepreneurial environment and first-rate service to accelerate their development.
What is innovative about it
The core of business incubation is investment and service. Neither of these can be omitted. New start-ups can""t develop quickly without capital and strong finances, so it is essential for a modern incubator to have investment options. On the other hand, simply focusing on investment isnt enough for a start-up. It still needs an abundance of resources such as financial, legal, industry and market support. These aspects are the core value of ""TusStar"" Business Incubation Program.
What impact has your solution had
Since TusStar Plan started in 2013, hundreds of companies have joined in, six of whom have been awarded the title of ""TusStar"" and received investments. Each of the shortlisted companies was matched with a one-on-one mentor who gave suggestions and guidance on business models and marketing. After incubation training, 18 excellent companies were selected to make a demo. All of the applicants had a chance to communicate with angel investors and some made preliminary investment plans.
Who are the main users
Entrepreneurs and start-ups
For more solutions from IASP member Tsinghua University Science Park - TusPark click here