On June 10, Z-park Enterpriser Angel Investment Alliance (Z-park EAIA) held a press conference for its establishment in Beijing. Z-park EAIA, with the starting capital of about RMB5M, was initiated by three-generation of nearly 50 entrepreneurs in Zhongguancun. With "investment plus tutoring" model, it aims to back seed-stage enterprises or projects, with a view to updating its investment industrial chain to become China's real "silicon valley".

According to Beijing Non-governmental Science & Technology Entrepreneurs Association, Main Preparatory Organization for Z-park EAIA, the alliance's decision-making mechanism will adopt collective responsibility system. In addition, entrepreneurs in relevant sectors will form a decision-making committee and a consultative committee to screen out the deals. The key factors they focus on are the project value and the founder.