2018 the Third Shanghai Yangpu Global Startup Competition
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2018 the Third Shanghai Yangpu Global Startup Competition Awards
The top 5 winners will receive a 50/50 mix of $780K(¥5m RMB) in grants and VC investment for incubation at the Homevalley in Yangpu. $30 million (¥200m RMB) in total prizes will be given out to the startup within 6 months of the competition. The funding should serve the purpose of helping the participating startup meet their capital requirements.
The Homevalley is uniquely positioned to penetrate the Chinese market as it is based in the heart of Shanghai’s tech ecosystem at the Yangpu district, China’s equivalent to Palo Alto. The large and dense local market here offers great opportunities to test products and go-to-market that is ideal for demonstrating one’s potential of reaching massive scale and global expansion.