Recently, the Ministry of Industry and Information Technology released the first list of technology enterprise incubators. Xiamen Torch IoT Professional Incubator was rated as a standard-level incubator, making it the only incubator in Xiamen to be selected. As a specialized incubator strategically developed by Xiamen Torch High-Tech Zone and established by Xiamen Innovation and Entrepreneurship Park, the Torch IoT Incubator was founded in 2018 and has formed a "five-in-one innovation incubation system" (carrier + value-added services + public technology service platform + industry alliance + industrial fund). To date, the incubator has attracted and nurtured a total of 401 enterprises, including 76 national high-tech enterprises and 2 national "little giant" enterprises specializing in niche sectors with cutting-edge technologies.
