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NCHU launches Funds raised by alumni to foster enterpreneurship

2017-06-13
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In addition to the Come True Social Enterprise Co., Ltd.(成真社會企業) that the former Vice Chairman of Wowprime Group, Wang Kuo-Hsiung(王國雄) embarked on a business venture, launching an Venture Capital firm “Meng Ya Venture Capital Co., Ltd.”(萌芽創業投資股份有限公司) in April, 2017. “Meng Ya Venture Capital Co., Ltd.” has been created to focus and invest entirely on Chung Hsing startups, meaning founders are to be Chung Hsing University faculty, students and alumni. Meng Ya’s mainly provides guidance, moving forward hand in hand with these startups. In fact the first investment project “Ti Lin Co., Ltd.” (帝霖股份有限公司) that Meng Ya Venture Capital Co., Ltd. has invested amounts to 5 million NTD. The founder of “Ti Lin Co., Ltd.” (帝霖股份有限公司) are life sciences faculty students and owns agriculture biotechnology technical knowledge and skills.

“Meng Ya Venture Capital Co., Ltd.“ is the very first domestic angel venture capital in Taiwan comprising of university alumni shareholders. “Meng Ya Venture Capital Co., Ltd.“ invests in startups from their alma mater. Last year, the company’s Chairman Wang Kuo-Hsiung(王國雄), who was the first batch of Chung Hsing University’s EMBA graduates, actively pursued the idea of creating a Chung Hsing venture capital and eventually was successful in gathering 38 EMBA alumni shareholders and raising 2.2 billion investment capital in establishing the “Meng Ya Venture Capital Co., Ltd.“.

Wang Kuo-Hsiung(王國雄) graduated from the EMBA program in 2005. He returned to Chung Hsing from October 2015 for the volunteered position as the Chief Executive at the Germination Center, providing free consultation service to startup teams in the University. Wang Kuo-Hsiung(王國雄) said that creativity, innovation, entrepreneurship are three crucial steps for University undergraduate and graduate students to put what they have learnt in school to practical use. This also a good way in connecting technical education and entrepreneurship. He hopes that through joint efforts of EMBA graduates, they are able to help promote Chung Hsing entrepreneurship and commit to the role of mentoring and guidance to student team entrepreneurship through taking lecture and training courses. At the same time, they commit to bring in venture capital investment funds so that eventually the school can become Taiwan’s role model in nurturing outstanding Chung Hsing entrepreneurs.

“Ti Lin Co., Ltd.” (帝霖股份有限公司) is made up of a team of masters and PhD students from Chung Hsing University’s Life Sciences faculty. It is led by the Professor Huang Chieh-Chen(黃介辰) and its main technology skills is in the development of plant tissue culture through non-gmo biological techniques, including promoting seed and seedling diseases resistance and growth performance. Currently, the startup is in the process of building “TL seed company”(興大苗圃) in the Yunlin area, selling varieties of seed-starting products such as bananas, strawberries and papayas.
“Meng Ya Venture Capital Co., Ltd.“ is the very first domestic angel venture capital in Taiwan comprising of university alumni shareholders.

“Meng Ya Venture Capital Co., Ltd.“ is the very first domestic angel venture capital in Taiwan comprising of university alumni shareholders.

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