Are you interested in opening a startup in Shenzhen, China? Participate in the 6th edition of the China (Shenzhen) Innovation and Entrepreneurship International Competition, which aims at integrating innovation and entrepreneurship resources, assisting overseas entrepreneurship projects in accessing Chinese hi-tech industrial resources, and opening up the Chinese market.
The competition is divided into six stages: registration, overseas competition divisions, reward competition, industry final, final round, and the award ceremony. The total prize money of the competition is about 8.75 million yuan (approx. € 1.28 million), which is divided into five parts: overseas branch competition award, reward competition final award, industry final award, final round award and project landing subsidy.
Registration can be done on the event’s website.
Schedule of the competition
- Early July to August 31: Online registration
- Early September to early October: Paris, France Division contest (overseas competition divisions)
- Late October to early November: Reward competition
- Late October to early November: Final round of the seven major industries
- Early November: Final round and awards
Collection of entries
There are seven main categories by industry:
- New generation electronic information
- Digital and Fashion
- High-end equipment manufacturing
- Green and low carbons
- New materials
- Biological medicine and health
- Marine economy.
It’s a good opportunity for aspiring entrepreneurs who want to launch their startups in China. Besides the awards, the participants can also obtain the support of 50 venture capital institutions and benefit from favorable policies for the creation of their business in Shenzhen.
As an important international gateway of China, Shenzhen is one of the most economically vibrant cities in the world and an important high-tech R&D and manufacturing base in southern China. It’s connected to Hong Kong and Macao and has the following advantages: a high degree of internationalisation, complete supporting facilities, an excellent environment for entrepreneurship and innovation, and a robust domestic market providing rich resources and platforms, among others. Shenzhen’s GDP reached over 3 trillion yuan in 2021, placing it fifth among Asian cities.