The age of technology is characterized by rapid capital appreciation, a process that involves technical innovations, risk investment and IPO. The process is not a step-by-step approach. Therefore, it offers not only opportunities, but also an inspiring pattern for development.

This pattern has taken TEDA onto a new journey towards bigger success. In July of 1996, TEDA International Business Startup Center (IBSC) was established in TEDA. Its mission is to build a comprehensive high-tech industrial zone of scientific research and manufacturing, and its goal is to attract both domestic and international entrepreneurs by providing all kinds of quality services. This philosophy represents an attempt to translate the achievements in scientific research into industrial production and foster a team of high-tech companies and entrepreneurs. TEDA's strategy is to attract medium- and small-sized companies into TEDA and, after "incubating" them for three to five years, to lead them into a fast growth cycle. Then, TEDA will select the best ones that offer good prospects of capital appreciation, invite risk investment in them from outside, help build their brand recognition, help establish their leading position in business and finally help realize their IPO.

The core of the strategy is to breed hundreds and thousands of wealthy professionals, achieve the rapid growth of high-tech companies and the rapid economic growth of TEDA.

The efforts of the past several years have proved to be quite rewarding. In terms of "hardware," the Tower of TEDA International Business Startup Center has been put into service. The Science and Technology Garden of Tianjin University has settled down in IBSC and started operations. An integrated and complete plan for the IBSC has crystallized. In terms of "software," a variety of policies in favor of high-tech organizations and talents have been worked out. Work to attract postdoctoral talents has started. Up to now, total assets of the Center has increased to RMB 200 billion yuan (approx. USD 24 million), and the annual revenue of companies in the IBSC has reached RMB 500 million yuan (approx. USD 60 million).

These achievements represent important milestones in the development of the IBSC. They reflect that IBSC is in the forefront of our technological and economic era and its tomorrow will be better.