June 18, 2016

The president of VEC (Vancouver Economic Commission), Mr. Ian McKay and his team visited TMFOX Shenzhen Office in China. Later, VEC and TMFOX had a deep technical conversation about how to build the most efficient cooperative relationship between entrepreneurs in China and in Vancouver Canada region. The main personnel attended the meeting are:

• President of VEC (Vancouver Economic Commission), Mr. Ian McKay and his team;
• President of CCIP (China Canada Innocation Park), Mr. William Li;
• Managing director of TMFOX, Mr. Andy Yu and his cooperate partner teams;
• Incubating company, Present of BTREE (Shenzhen Btree Industrial Co., Ltd), Mr. Delong Liu;
• Incubating company, Present of Prosperous, Shenzhen China, Mr. Shouming Liu.

At the beginning of the meeting, Mr. Andy Yu introduced the newest operating model of TMFOX and its overseas expansion strategy to the visitors. He said that “during these 7 years, TMFOX always focuses on absorbing the world’s best leading innovative technologies. During the incubation process, we study the technical advantages and short comings of business in China and the direction of their desired technology upgrading path, then match them with the technology resource pool in Silicon Valley, Vancouver, Hong Kong, Taiwan, Belgium etc. As the primary connection between the North America technology and the Chinese market, TMFOX (Vancouver) plays an important role in meeting the needs of Chinese local company’s industrial upgrading and technological innovations. Meanwhile, based on the different situations of Chinese domestic companies, TMFOX (Vancouver) will matches the resource on the global scale (center in Vancouver, but also include all the important high-tech areas in Canada and the United States) and provides direct incubation support. Also, TMFOX will provides cross-border incubating, which means that after the corresponding technologies have been mature, then we will send them to the relevant Chinese domestic Companies. By using this efficient way, TMFOX can maximize the ability of the Chinese domestic companies in order to fundamentally and effetely improve the capability of product innovation and the industrial upgrade.

 

Later on, president of VEC, Mr. Ian McKay introduced the capital environment, industrial structure, technical advantages in Vancouver and the work functions of VEC to the China local entrepreneurs. Based on his introduction, VEC is an agency of Vancouver city government in Canada. It is responsible for promoting trade, investment and economic development, providing internal and external business services. As Vancouver’s leading economic development platform, its primary responsibility with the companies are cooperating in technology, digital and multimedia and green technology industries. Meanwhile, VEC becomes the bridge to connect with talents, capital and market data together to establish one of the world’s best recognized ecosystem for entrepreneurs. “We are very interested in clean energy and environmental protection. In this field, China has a very broad market prospects. We hope to develop, find and help the most innovative companies to achieve their rapid growth” said by Mr. Ian McKay.

In order to help VEC to understand further about the characteristics of the industries in Shenzhen and the development of companies incubating in TMFOX’s. TMFOX introduced two incubating companies to VEC during this forum. The first one is Shenzhen Prosperous Industrial Co., Ltd. This company is committed to the development and application of new materials. Its main products including: new bio-based reinforcing filler, bio-based asphalt modifier, touch screen inks, and UV curing agent etc. The main focuses of their products is to address the major environment problems in the world, especially in China. They process the black waste water produced during the paper making process, they can turn waste into treasure. The other company is called Shenzhen Btree Industrial Co., Ltd. This company is the first high-tech company who focuses on anti-static materials and related productions. The company has innovated anti-static fluid, a conductive polymer materials, conductive nano-materials and advanced granulation, coating, composite, blown film, bag molding, and other large-scale production equipment. Especially its new antistatic agent technology has broken through the technology barrier from Japan, United States and Korea, and satisfy the quality needs of electronics, semiconductor, optoelectronics, automotive, food, medical, military, aerospace and other industries.

“After returned to China, I founded two companies, but it is difficult from the beginning. I have to explore all the aspects of product development, technological innovation, and market promotion etc. by myself. However, since I met Mr. Andy Yu, he gave me a lot of new thinking and vision, whether it is technical innovation or capital investment. Through him, I have gained more in-depth understanding not only on the level of capital investment that TMFOX incubation gives, but also on the help it provides in the ideas and solutions at the enterprise technical innovation level. These valuable support are also beneficial to businesses in North American. Therefore, when he said how about building an innovation technology incubator platform in Vancouver; I did not hesitate and decided to work with him together.Because I think this is a very significant and valuable thing to do “said by the president of Innovest Investments Inc. Ms. Vicky Ling.

After listening the presentations from TMFOX and two incubating companies, the leader of Asia Pacific Trading Center, Ms. Joan Elangovan expressed a strong interest to one of the projects right way. She said “it is a wise choice to visit TMFOX Incubator today, I was greatly inspired by today’s meeting. There is a great future with TMFOX’s cooperation, no matter it is in financial investment, technical innovation and overseas markets interchange, etc.” Meanwhile, the president of VEC, Mr. Ian McKay also said he is looking forward to the official opening of the TMFOX Vancouver and to start the subsequent joint cooperation.