The 2018 Global Innovation Conference in Beijing hosted representatives and industry leaders in innovation from throughout Europe, North America and Asia. Pycap's CEO Stuart Browne presented opportunities for collaboration with the Venture Capital and Tech Sectors of China and Canada for mutual economic expansion.
As an example of the potential of Canada's innovation, Stuart showcased a Pycap portfolio company that is involved in bringing artificial intelligence to the agricultural industry - an opportunity with enormous potential within the Chinese market and beyond as it has the capacity to dramatically improve crop yields and decrease farming costs while having a positive impact on the environment.
Pycap met with a major Chinese Tech Park Incubator to establish collaboration guidelines on facilitating Canadian tech companies to expand their market share into China. The program would allow Canadian entrepreneurs to relocate to Beijing for 12 months and receive guidance, mentorship, and introductions to key industry players within their sector.