Plug and Play hosts a forum on hot issues in brand and retail industry in Wuxi, Sept 22. [Photo/WeChat account: pnpchina]
Plug and Play hosted a forum in Wuxi Sept 22, inviting officials from the local government, experts in the brand and retail industry and representatives from start-up companies to talk on hot issues in brand and retail industry.
Plug and Play, one of the world's largest technology startup accelerators, is building an ecological platform for innovation cooperation between industry leaders and technology companies.
In 2019, the company opened its Wuxi office, which was the first internet of things (IoT) vertical acceleration platform established in the Yangtze River Delta region.
Zhang Jiabei, director of Plug and Play China's brand and retail sector, told the forum that since April the company has selected 12 start-up companies from 50 candidates, which are favored by large enterprises, and has been helping them make contact with big companies.
Eight of the selected companies presented their projects as a roadshow during the forum.
Zhang said that global interconnections have created many new opportunities in the era of the entrepreneurial economy, while the ecosystem of startup companies has brought unpredictability to the future.
"Plug and Play, as an open innovation platform, is always making efforts to help business partners to deal with industry challenges," Zhang added.
Lin Maosong, deputy director of Wuxi organization department, said that the cooperation of Wuxi and Plug and Play promotes the development of the digital economy and innovation in the city.
More innovation enterprises and talents are welcome to settle Wuxi, Lin said.