Cloudbric is in line to become the first project to be officially accepted by Goldford Venture Group and Nanjing Jiangbei New Area’s accelerator program for business expansion towards Hong Kong and the Greater China market.
(PRWEB) November 27, 2018
On November 21, Goldford Venture Group and the Nanjing Jiangbei New Area finalized an agreement with the Nanjing government office for an initiative that makes them eligible to create an offline incubation and acceleration center. With this, Goldford and the Nanjing Jiang Bei New Area are set to launch a new accelerator program for Hong Kong and foreign companies looking to enter the Greater China market.
Goldford is one of the leading Chinese investment firms that focuses on early-stage opportunities in technology startups. As a trusted partner and advisor to Cloudbric, Goldford, in conjunction with the Nanjing government office, has named Cloudbric as one of the finalists to become the first project to be part of their prospective accelerator program.
Blockchain, cybersecurity, and artificial intelligence-based projects are making waves in the Chinese market with multiple government-backed venture funds underway in major cities. Nanjing, the capital of China’s Jiangsu province, is paving its way to become China’s blockchain capital after it announced back in July the launch of a US $1.5 billion fund to foster public blockchain projects.
With the blockchain industry and technology sector booming in the region, Cloudbric hopes to establish a larger footprint in the Hong Kong and Greater China markets and has plans to open a new joint venture and legal entity in the region. The expansion into Hong Kong and China comes after Chinese investment groups showed immense interest in Cloudbric’s project.
“Hong Kong and China are key growth regions for Cloudbric. This accelerator program and potential new joint venture with Goldford and the Nanjing Jiangbei New Area shows that we’re committed to grow our business in the Greater China area. We hope to keep this momentum going by continuing to build relationships with investment groups and local partners,” said TJ Jung, CEO of Cloudbric.
About Goldford Venture Group
Goldford is a Greater China concept technology investment firm focused on early stage opportunities in TMT, Education, and Creative industries. They are dedicated to identifying potential teams in both Greater China and the globe and offer seed angel funding, integrated consultations and strategic networking. Goldford’s investment fund interests on startups and early stage companies, and are already investing in the fields of mobile internet, new media, education, blockchain, etc.
Cloudbric is a decentralized universal security platform featuring enterprise-grade website, mobile device and crypto asset security, as well as access to a community driven threat intelligence database – all powered through deep learning technology called VISION (patent pending). It features one of the most accurate, low false positive rated engines on the market. Visit cloudbric.com to learn more about their current website services.
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