Our goal is to collect more than 1,000 innovative and entrepreneurship projects worldwide. 50 investment institutions and 50 professional judges will select 120 winning projects for the Outstanding Award, Elite Award, Cutting-Edge Award, and Enterprising Award, providing up to 350,000 US dollars in total supporting funds with Extra Bonus Award. There will also be a follow-up system tracking and supporting the award-winning innovative and entrepreneurial projects.
In terms of rewards, the competition employs the innovative model of collaborative funding between the Yangpu District Government Policy Support Funds, venture capital, and financial institution's financing to support the 120 winning companies. The funding should act as a leverage to better serve the participating startups in meeting their capital requirements.
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10 Outstanding Award: 200,000 RMB cash support per company/project
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20 Elite Award: 150,000 RMB cash support per company/project
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30 Cutting-Edge Award: 100,000 RMB cash support per company/project
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60 Enterprising Award: 50,000 RMB cash support per company/project.
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Extra Bonus Award: Worth 300,000 RMB to 1,000,000 RMB per company/project