(Telecompaper) Wayra, Telefonica's global start-up accelerator, has signed an agreement with Virtue Inno Valley (VIV), a TMT incubator in China backed by the Tsinghua University. VIV thus becomes a member of the Wayra Global Alliance. This agreement will entitle both parties to promote and share with each other in the field of entrepreneurial project pool, expertise, mentoring programs, training, institutional relations, media, financial and commercial resources and investment opportunities.