A Chinese startup among the winners of the G20 Innovation League competition

SORRENTO, Italy, Oct.10 (Xinhua) – Chinese startup Sansure Biotech won the healthcare innovation award at the G20 Innovation League, a competition between 100 more startups on Sunday. from 20 countries.

Held both face-to-face and online over the weekend in the city of Sorrento, southern Italy, the competition saw five groups of twenty startups come up with innovative products and solutions in five competitive sessions. different, each relating to one of the five main challenges facing humanity today: Cleantech, Artificial Intelligence (AI), Internet of Things and Connected Objects, Smart Cities and Mobility, and Health.

Designed under the auspices of the Italian Presidency of the G20 and organized by the Italian Ministry of Foreign Affairs and the Italian Trade Agency (ITA) in collaboration with the Italian National Fund for Innovation and SIMEST, an Italian company for the internationalization of companies, the event aimed to establish a bridge of cooperation between public and private innovation actors, startups and investors, with 100 venture capitalists (VCs) from different countries.

Opening the competition, Italian Foreign Minister Luigi Di Maio underlined in a speech the importance of international cooperation to address current global challenges and rethink the future in an innovative way, urging global actors to “ join forces to together shape a global innovation agenda for the post-COVID world. “

“The experience of this forum will be fundamental for a global recovery that will be truly sustainable and characterized by innovation,” he said.

After the competitive sessions, final votes from venture capitalists and investors nominated by G20 members determined 10 winners – two per category – selected as examples of immediate opportunities to address global challenges and boost investment and global trade.

Chinese company Sansure Biotech, a startup specializing in advanced reagents and testing tools widely used in the fight against the COVID-19 pandemic around the world, won the health award, showcasing, among other products, its technology Advance Magnetic Beads, which is based on super paramagnetic nano-technologies. spheres to absorb DNA / RNA, increasing the speed and efficiency of screening processes.

In the same competition, the Indonesian startup Nalagenetics was also awarded, while the winners of the other categories included startups from Russia, Indonesia, Great Britain, France, the Netherlands, Canada and Italy. .

“I think China is the most aggressive country in creating startups, not only in the country but also around the world, so we are learning from China because many solutions have been developed by startups and big companies. Chinese, “Bonifasius W. Pudjianto, director of ICT empowerment at the Indonesian Ministry of Communications and Informatics, told Xinhua.

After the winners were announced, the event was handed over to Indonesia. The country will host the second edition of the G20 Innovation League in 2022, as it will hold the next rotating presidency of the G20. End

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