700,000 USD Winning Prize for Startups Competition in Hangzh

已有 363 次阅读 2019-6-10 08:42 |系统分类:科研笔记

Highlights of the Competition

1Big Awards

The startups entering the final of the competition will compete for one First Prize-RMB¥200,000, four Second Prizes of RMB¥100,000 and seven Third Prizes of RMB¥50,000, and several Participation Prizes of RMB¥20,000.

2Cooperation with industry leader

The competition cooperate with Geely Holding Group ,Betta Pharma ,Alipay(China) ,Zhejiang Jiangong Real Estate Development Group and other leading enterprises in the key industries in Hangzhou. By making full use of the various resources of these enterprises,the competition will provide more professional and precise docking for the participating projects, and help the projects grow rapidly.

3Venture Capital

Initiating Hangzhou's major venture capital institutions for projects financing connection.

4Precise Docking

The Organizing Committee will organize the units including all special support units,local venture capital agencies, well-known enterprises, various enterprise parks and so on to dock with the entrants.

5Excellent Mentors

Experts who have great influence in venture capital field are invited to be overseas mentors. They will provide entrepreneurial guidance, venture capital and industrial resources for the participating projects to help the projects start and develop rapidly.

6Generous Financial Subsidy

These startups register their business and start operation of the company in Hangzhou within one year after the competition will be rewarded:

The First Prize RMB¥5,000,000

The Second Prize RMB¥2,000,000

The Third Prize RMB¥1,000,000

Other Startups RMB¥200,000 to ¥1,000,000

(base on the competition rankings in the Semi-final)

These startups which register in Hangzhou within 2 years after the competition could be re-evaluated after application. If the projects are confirmed to be advanced, they can be subsidized with the corresponding funding.

Other startups register in Hangzhou can enjoy the various types of local policies without evaluation.

7Preferential Policies

Projects register in Hangzhou can enjoy preferential policies such as park tax relief, rent subsidies, financing guarantees, and discount loans.

Projects (enter the final) holders or core team members, as the head of the company, who are in line with the conditions for "521" Plan, can directly enter the interview (one person for one team only ).

8High-Quality Services

After the winning projects are put into implementation in Hangzhou, the special project personnel contact system can be established. The project teams will be visited on a regular basis to monitor implementation. The various incentives and policies of the competition be carried out, and the application for funding for various projects and the relevant work items of other supporting policies of the winning teams would be ensured; the entrepreneurial mentors will be provided for the project teams, and the customized entrepreneurship training courses offering entrepreneurship guidance will be made for the competition "makers" and activities such as job fairs and entrepreneurial activities and so on will be held.

- Theme -

The competition aims to build a platform of various resources such as innovation & entrepreneurship policies, talents, funds, industries, markets and so on to help projects register in Hangzhou. The competition also targets to improve the innovation atmosphere, stimulate innovation vitality, guide innovation investment and help Hangzhou take lead in China's digital economy.


The contestants should have innovative & entrepreneurial experience and technologies or achievements with broad market prospect.

Those who have already started businesses in Hangzhou are not eligible for the competition.

Competition Requirements

1. The participants can participate as individuals or teams. Each team should be no more than 4 team members. Team members should guarantee stable cooperation for more than three years.

2. Each entrant can only apply with one project.

3. The products and services proposed in the projects could be inventions, technologies, or concept products, services that can be developed; The competing projects should be in high-tech industries or strategic emerging industries, and have technical merits; The core members of the participating team must have legal intellectual property rights or use rights (authorized) for their projects.

4. Each entrant should upload a complete, detailed business plan, including technologies, market prospects, business strategies, funding demands, team members, future plan and clear business model etc.

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