U of A partnership with Tsinghua University leads to “accelerator exchange” aimed at breaking down cultural barriers to international business.
A new business incubator that will facilitate access to the Chinese market for Alberta technology innovators officially opened its doors today, thanks in large part to a long-standing relationship between the University of Alberta and Tsinghua University.
The TEC Edmonton-TusStar Accelerator Exchange offers training and support to break down business and cultural barriers—including language, intellectual property policies, regulatory concerns and differences in business etiquette—between the two countries.
“The Chinese market is really hard to access if you don’t have connections to China and you don’t know how business works there,” said Chris Lumb, CEO of TEC Edmonton.
“If a Canadian company wants to export to China, TusStar can figure out with them which is the best city or region to enter, and what incubator services they ...