Shanghai is developing a WeChat account to serve as an entrepreneurship public service platform by gathering together the city’s entrepreneurship service institutions, to offer local start-ups help and support, announced the Shanghai Human Resources and Social Security Bureau.

The platform covers three sections – entrepreneurship policies, activities, and services. The entrepreneurship policies section introduces the latest policies on financing, office area, training and human resources. The activities section will include latest activities, activity review, and an activity live report. The services section presents entrepreneurship experts, service institutions, makerspaces, investment institutions and e-business incubators.

The Wechat account has come about as a part of the Shanghai Human Resources and Social Security Bureau’s plans to realize its goal of six “One Hundred” projects this year. 

The first is to organize at least one hundred entrepreneurship activities, including entrepreneurship competitions, lectures on entrepreneurship experience, small entrepreneurship achievements exhibitions, and an entrepreneurship training camp for university students in the city or at prefecture level. These activities will be organized every week.

The second is to nurture at least one hundred top entrepreneurs in the city by offering favorable policies, professional services and useful resources.

The third is to recommend one hundred leading entrepreneurship experts to provide online consultancy on the Wechat account.

The fourth is to develop one hundred business incubators, to give entrepreneurs information about office areas, rents and start-up project incubation as well as preferential policies.

The fifth is to cooperate with one hundred venture capital companies including seed and angel funds, to help the start-up enterprises get venture capital as soon as possible.

The sixth is to build one hundred talent-training bases, including the incubation platforms of large enterprises such as China Telecom and Tencent, online training institutions such as Taobao University, municipal entrepreneurship training institutions for enterprises.

Shanghai also intends to develop another four “One Hundred” projects in the next two to three years, that is, setting up one hundred entrepreneurship practice bases, training one hundred top entrepreneurship consultants, seeking cooperation with one hundred entrepreneurship communities, and establishing nearly one hundred university entrepreneurship guiding bases. The city is committed to developing online sites to deliver all kinds of entrepreneurship information to help people who want to start their own business.