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Competition Awards and Supportive Measures
Competition Awards
The startups entering the Finals 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 88-156 Winning Prizes of RMB¥20,000.
Connection
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.
Tracking 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.
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.
Venture Capital
Initiating Hangzhou's major venture capital institutions for projects financing connection.
Venture Grants
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¥3,000,000
The Third Prize RMB¥2,000,000
Startups entering the Finals RMB¥1,000,000
Other Startups Entering the Semi-Finals RMB¥200,000 - ¥1,000,000(base on the competition rankings in the Semi-Finals)
These startups which register in Hangzhou within two 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 (entering the Semi-Finals) register in Hangzhou can enjoy the various types of local policies without evaluation.
Preferential Policies
Projects register in Hangzhou can enjoy preferential policies such as park tax relief, rent subsidies, financing guarantees, and discount loans.
Notes

1.This competition does not charge any fees for the participants.

2.The participants shall not violate the rules of the competition. The submitted materials shall not be illegal, such as plagiarized, misappropriated, etc. Once found, their qualifications shall be canceled and the prize money shall be recovered. In case that the participating projects are involved in copyright disputes, the participants shall bear all the responsibilities on their own.

3.In the event that the competition cannot be normally held due to force majeure, the organizer shall have the right to make corresponding adjustments to the schedule or terminate the competition.

4.The competition registration project materials will be publicly released to all major enterprises and institutions in Hangzhou, various parks and scientific research institutions, seeking communication and docking. The semi-finals and the finals will be held in the form of project road show, and the road show process will be open to the public.

5.The participants shall participate in this competition fully in the principle of voluntariness. If they have any objection with the competition, they can communicate with the Organizing Committee Office or choose to quit from the competition, but they are not entitled to request the alteration of the competition rules or the compensation for any fees incurred from the competition.

6. The Organizing Committee reserves the right to further supplement the views and the power of final explanation of this competition. Matters not mentioned herein shall be separately notified.

Contest entry form template
Contest PPT Template

Contact of Competition Organizing Committee Office: Miss Xu

+86-571-88381596

+86-571-88389576

+86-571-88389976

E-mail:iechz@vip.163.com

Organizing Committee of Innovation & Entrepreneurship Competition for Overseas Talents Hangzhou