The Protechting accelerator in Lisbon is awarded the “Sustainable Development 2018 Enterprise Best Practice” prize by the Chinese Network of the United Nations Global Compact (UNGC).

Protechting is a startup accelerator that supports innovative startup projects in the areas of Insurtech, Fintech, and Healthtech. It is promoted by Fosun and is powered by Beta-i, one of Europe’s main innovation & entrepreneurship organizations.

Read More: Protechting accelerator announces 12 intl startups for its 3rd edition

The UNGC recognized the program’s contribution to the sustainable development of entrepreneurship.

Director-General of Fosun Foundation and Senior Vice-President of Fosun, Li Haifeng, has been invited to join the board of the United Nations Global Compact China Network, and also attended the first conference focusing on the implementation of the United Nation’s Sustainable Development Goals in China, which reinforces Fosun Group’s commitment to supporting innovation and new business ideas.

protechting un sustainable development

Li Haifeng

“We launched Protechting with Fidelidade three years ago,” said Haifeng last June at the start of Protechting’s third edition.

“We are happy to see Portugal becoming a reference point for the development of startups in Europe. More and more European unicorns are growing in Portugal, more and more partners are joining us at Protechting,” he added.

Read More: Talkdesk is Portugal’s next unicorn, raises $100M with over $1B evaluation

Besides the UNGC’s China Network prize, Protechting has also been distinguished by 21st Century Media, in partnership with the Belt and Road Research Institute of SFC, as one of the success cases of the implementation of the “One Belt, One Road” expansion initiative, being considered a role model for the promotion of innovation.

Last month, Protechting won the “China Corporate Social Responsibility Excellence Award” prize by a jury of China’s leading academic research institutions and top universities.

The accelerator program of Fosun has achieved outstanding results in four aspects: global vision, participation experience, shared value and creative breakthrough.

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