Horinger New Area promotes incubator in Beijing

A promotion conference for a big data and artificial intelligence application incubator in Inner Mongolia's Horinger New Area was held in Beijing on April 25.

Representatives from the Horinger New Area government, Microsoft (China), and United Innovation Services (Beijing) exchanged views on the trends and application of new technologies and shared opinions on the development of smart industry in Horinger New Area at the conference.

Covering an area of 3,500 square meters, the big data and artificial intelligence application incubator can accommodate 30 companies.

Horinger New Area government will provide the companies with infrastructure and numerous value-added services; it will also establish a fund totaling 30 million yuan ($4.73 million) to invest in the areas of big data, artificial intelligence, cloud computing, internet of things and biomedicne.

With the incentives provided by the preferential policies, many companies signed letters of intent to settle in the incubator, including CITIC HIC Kaicheng Intelligence Equipment and Nanjing Ustep Information.