Incubator CyberLabs aims to lure overseas Chinese Internet entrepreneurs to the mainland by opening an office in Zhuhai. Chief executive Don Xia said Zhuhai's proximity to the manufacturing base and information technology infrastructure in the south made it a good base to operate on-line consumer goods businesses. 'Almost 60 per cent of China's toys, premiums and watch exports are made by factories in the Pearl River Delta area,' Mr Xia said. Zhuhai had shown its support of the IT sector by establishing a software park in the city, he added. As an enticement, CyberLabs will supply overseas Chinese Internet talent with seed capital, business planning advice and equipment. No service fees or rent will be charged, but CyberLabs will take a stake ranging from 20 per cent to 80 per cent in their Internet ventures. It will help with locating venture capital and private investment funding after a business plan has been compiled and then providing the seed capital to start basic operations. Mr Xia said CyberLabs had aided five start-up projects, using the south as their product-sourcing base and focusing on the mainland consumer market. He said CyberLabs was also in talks with on-line shopping companies in the United States to provide logistics services to the five companies on the goods they sourced from the mainland. CyberLabs has offices in Beijing and Hong Kong in addition to its e-business incubation centre in Zhuhai.