The Zhongguancun InnoWay is the first entrepreneurship-oriented street in China. The 220-meter long street was opened in June 2014 with a floorage of 43,700 square meters.

It is located in the west of Zhongguancun, which is home to all kinds of resources for innovation, such as China’s top universities Peking University and Tsinghua University, and many high-tech service platforms and companies, including China International Technology Transfer Center, Innovation Works, Tencent, Sina and Microsoft.

It has attracted nearly 40 entrepreneurship service agencies and over 600 entrepreneurial teams, among which 350 have obtained financing worth 1.75 billion yuan ($269 million).