Ningbo Hangzhou Bay Holds International Innovation and Entrepreneurship Competition

Category: Ningbo Business
Published: Tuesday, 22 May 2018 16:06

On May 15th, the 2018 Ningbo Hangzhou Bay International Innovation and Entrepreneurship Competition started in the Fudan Hangzhou Bay Science Park. In accordance with Ningbo projects od introducing high level innovative talents, it welcomes high quality projects around the world.

According to the introduction, the competition is sponsored by the Hangzhou Bay New Area Management Committee of Ningbo and the Ningbo Research Institute of Fudan University, focusing on the three major industrial fields of intelligent manufacturing, life and health and green technology. It is divided into six stages to select high quality projects, promoting the construction of an international industrial city and a modern beautiful bay area. 

According to the "regional contests + finals", the competition has regional trials overseas including Santiago, Singapore and Israel and domestic competition areas including Hongkong, Shanghai, Shenzhen, Wuhan, Changsha, Chongqing, Hangzhou,

Chengdu, Ningbo, Suzhou, Tianjin and Lanzhou. It aims to explore innovative teams, enterprises and entrepreneurship projects of high growth potential worldwide. Through fierce competition, quality projects will come to the finals in late October.

The finals will have road show and public reply. In the three major industries--intelligent manufacturing, life health, green technology, there will be prizes and awards. Winners will receive an investment of up to 10 million yuan in innovation and venture capital, and support from all kinds of funds, policies and efficient professional incubation services. In addition, quality projects will also be supported by the Incubator Cluster of the Ningbo Research Institute of Fudan University. "This year's competition is expected to invite more participations of overseas Chinese to take part in and come to Ningbo for innovation and encourage them to start business in Ningbo so as to promote high tech projects to land in Ningbo." A leader in charge of the Ningbo Research Institute of Fudan University said.

The competition of innovation is also the competition of high-end talents. The international innovation and entrepreneurship competition has been successfully held twice, attracting more than 1000 entries from over 50 countries and regions. More than 10 high-tech enterprise projects  have settled in the Science Park and achieved outstanding progress.