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Innovation & Entrepreneurship Competition for Talents 2021 • Hangzhou

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APPLICATION IS NOW OPEN! Innovation & Entrepreneurship Competition 2021 • Hangzhou — Up to RMB 200,000 of prize money to be won!

About this event

Aurora Innovation Technology Pte Ltd is an official partner of the I&E Competition for Overseas Talents 2021 • Hangzhou.

About The Competition

The Innovation & Entrepreneurship Competition for Overseas Talents 2021 • Hangzhou is organised by the Hangzhou government and co-hosted by Aurora Innovation Technology Pte Ltd.

This competition presents an ideal platform for global entrepreneurs and innovators to showcase their technologies to investors and local corporations, and identify suitable collaborators to enter the Chinese market.

Cash prize ranging from RMB 20,000 to RMB 200,000 will be awarded to the top 12 finalists.

All nationalities are welcome!

APPLICATION PROCESS

To apply, download and fill in the registration form titled "Registration Form 2021·Hangzhou Competition".

Please submit the following documents along with the registration form:

(1)Registration Form 2021·Hangzhou Competition;

(2)Business Pitch Deck;

(3)Scanned copy of applicant's highest degree certificate;

(4)Scanned copy of applicant's passport copy;

(5)Scanned copy of applicant's passport ID photo.

Email format:

Email subject: Name of Company + Name of main applicant

Please email to aurorainnovationsg@gmail.com, cc jeanny.lim@aurora-i.tech.

Registration will end on 20th June 2021.

COMPETITION TIMELINE

July - October 2021: Selection process by the expert panellist

November 2021: Grand Finals in Hangzhou (LIVE)

Main Applicant's Requirements

All applicants must meet these minimum requirements to participate in this competition.

• Under 55 years old

• Master's degree and above

• Experience in Overseas Innovation and Entrepreneurship

• Ideas with innovative technologies that can be commercialized

CASH PRIZES AND SUPPORT

1) Cash Prize

Top 12th finalist will receive cash prize ranging from 20,000 RMB to 200,000 RMB.

1st Prize: 200,000 RMB

2nd - 5th Prize: 100,000 RMB

6th - 12th Prize: 50,000 RMB

All teams invited to Hangzhou to participate in the finals will also receive a cash prize of 20,000 RMB.

2) Participation and Reception Information

The competition finals that will be held live in Hangzhou. Accommodation and transportation of all participating teams* will be arranged and sponsored by the organiser. All participants of the “Innovation & Entrepreneurship Competition for Overseas Talents 2020 • Hangzhou” will also be entitled to standard international travel subsidies.

*Limited to 2 persons per team.

3) Start-up Funding Support

Companies registered in Hangzhou within a year after the end of the competition can receive start-up funding support according to the following match-ranking decision.

1st Prize: 5 million RMB

2nd Prize: 3 million RMB

3rd Prize: 2 million RMB

Other finalists: 100,000 RMB to 200,000 RMB

4) Matching Venture Capital and Mentorship

KEY INDUSTRIES OF INTEREST

- Healthcare / Medtech / Biotech / Pharma

- Clean-Tech / Renewable Energy

- Electronic / IOT / Robots

- AI / Big Data

- Advanced Material

ABOUT HANGZHOU

Hangzhou is the headquarters of the e-commerce giant Alibaba, and the venue of the 2016 G20 Summit (see http://eng.hangzhou.gov.cn/col/col1450889/index.html for a brief introduction).

To meet the needs of Hangzhou’s rapid economic development, Hangzhou has established a number of high-tech entrepreneurial parks, including international entrepreneurial parks for non-Chinese, aimed at attracting high-tech innovative talents and entrepreneurial projects.

In order to promote the development of high-tech industries, China is also implementing increasingly strict intellectual property protection laws, on top of grants and fundings, to support high-tech companies.

ABOUT AURORA INNOVATION TECHNOLOGY

Aurora Innovation is an Overseas Innovation Center based in Singapore. We specialise in helping local and regional start-ups enter the Chinese market, while also matching them to suitable government authorities for the application of investment funding and grants.

The aim is to attract start-ups into China for entrepreneurship and innovation corporations. We focus on developing and supporting early and growth stage entrepreneurs and start-ups in the deep technology space.

Through the provision of industry knowledge, resources, and networking and funding opportunities, we aim to create an innovation ecosystem between the two markets. With a growing network of key partners in both Singapore and China, you get the opportunity to be exposed to successful organisations to build and grow your start-up.

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