Founders Space settles in Songshan Lake

Dongguan welcomed the arrival of a top Silicon Valley brand today, as one of the world’s best-known incubator/accelerator companies, Founders Space, opened an office in the Songshan Lake hi-tech district.

The opening ceremony was attended by local government officials as well as the founder of Founders Space, Steven Hoffman, Stanford Research International’s Phillip Whalen, and mayor of the city of Dublin (the one in Silicon Valley), David Haubert. 

Ranked a Top 10 accelerator by Forbes, Entrepreneur and Inc. magazines, Founders Space has built an international community of startups, investors and innovators, with over 50 partners in 22 countries. 

The Founders Space Songshan Lake International Innovation Center, in collaboration with Dongguan’s digital platform startup Foocaa-tech, provides co-working space, lounge areas and meeting rooms, while offering a range of services to help startups grow. The center will take advantage of Founders Space’s global platform and resources. 

Hoffman was upbeat. “The idea for this incubator came up after I started advising Foocaa on its AI platform,” he said. “Foocaa’s founder, Tony Huang, and I both wanted to have a Founders Space location here in Songshan Lake.”

Hoffman said the company’s mission here is to “build a central hub for emerging digital technology”. This could include blockchain, AI, IoT, and “future technology we might not even known today but is coming – like brain-computer interfaces and next-generation networks that will go beyond 5G”. 

“Our goal is to make Songshan Lake a repository of this type of technology in China and bring in resources that actually do that and transform the economy here and around the world.”

Today’s event also included a forum on technology, innovation and application of international artificial technology, with speakers including former CEO of Microsoft Accelerator Tan Lin, general manager of Alibaba Cloud South China, Chan Yong Liang, and director of Tencent Cloud, Xiong Yu.

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