Inviting Global entrepreneurs for city/regional development
Received the following invitation on LinkedIn and I was
amazed to see how global entrepreneurial talent is being recruited for city or
regional development.
China is offering almost a million dollars as bonus for
landing up in their country, a fund of 100 million dollars for “docking” ( I am
guessing it means seed capital), another 100 million as venture capital from 56
different venture capital organizations. China will simply ship the future Unicorns
from Silicon Valley to Shenzhen! I will not be surprised to see many other
cities worldwide start competing in the same manner.
“Seneca –COEP–Markham” competition has $5,000
on table but for such competitions there is scope to extend upto millions.
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