New tech incubator opens in Tibet

Added On August 11, 2018

 A new tech incubator has opened in Lhasa, the capital of southwest China's Tibet Autonomous Region.

Built with the financial backing of Lhasa Science and Technology Bureau, the incubator covers 16,000 square meters. The project received an investment of over 16 million yuan, or about 2.35 million U.S. dollars.
The incubator provides office space, policy support, legal, financing, and training services for small and medium tech companies in Tibet.
It has already attracted 50 firms working in a range of fields including electronics, AI, new energy, healthcare, agricultural technology, finance and software development. 
The new incubator is the largest of its kind in Tibet.
Tibet has made a strong push to promote entrepreneurship and technological innovation. 
It has now 27 creative spaces and five tech incubators, which have helped establish some 200 companies.