The 7th China (Shenzhen) Innovation & Entrepreneurship International Competition is about to kick off.

This competition aims at integrating innovation and entrepreneurship resources, assisting overseas innovation and entrepreneurship projects in accessing Chinese hi-tech industrial resources, opening the Chinese market, and realizing mutual benefits and win-win results. It is open to all foreign innovation and entrepreneurship projects with no restrictions on competitors’ nationality.

According to the organizing committee of this competition, the total bonus of this competition reaches RMB 9.71 million, which includes individual bonuses up to RMB 0.75 million. Those who have projects landed in Shenzhen and meet the conditions will also be eligible for a startup subsidy of up to RMB 1 million. Furthermore, a venture capital pool of RMB 25 billion has been set up by more than 50 investment institutions, which will support those outstanding projects. Equal opportunities for social investment are going to be distributed via the platform to all participants.

Throughout this competition, an all-round overseas talent recruitment and settling service system will be established from various aspects such as competition subject collection, overseas coaching, offshore pre-incubation, online accessing, supportive policy accessing and industrial park accessing etc. so as to provide participants with comprehensive services.

In addition, a series of supportive policies will be available for this competition, including settling policy support, entrepreneurship competition funding scheme, venture capital fund financing plan, scientific and technological financing service support, investment financial service, entrepreneurship space and entrepreneurship service etc..

From the perspective of industry, this competition is divided into seven categories: new-generation electronic information, digit and fashion, high-end equipment manufacturing, green and low-carbon, new material, biological medicine and health, and marine economy. The participating projects should be innovative projects or originalities, which correspond to Shenzhen Industrial and Technical policies, have superior innovation abilities, advantageous marketing competitiveness and potential economic and social performance, be easy to form hi-tech achievements of an emerging industry, and possess core techniques, complete intellectual properties and high added-value.

The overseas division of this competition will take place in 14 major cities across the world, including Sydney, London, Paris, Munich, Toronto, Silicon Valley, Boston, Tokyo, Singapore, etc.. It will start in August 2023 and come to an end in November 2023, while the cut-off time for participation applications will be the end of July 2023.

For registration and participation application, please visit the official website of the competition:; For more details, please contact the secretariat of the organizing committee via or +86 755 8812 3241.

(Source | SETO)