SAN JOSE, Calif., May 14, 2013 /PRNewswire/ -- Zhongguancun Science Park (Z-Park, the "Silicon Valley of China" in Beijing) today announced the inaugural Technology Innovation & Entrepreneurship Competition at a press conference in San Jose. This new competition is guided by Z-Park and undertaken by Entrepreneur China Magazine and Hanhai Z-Park. This competition aims to encourage innovation and entrepreneurship in both China and Silicon Valley, tap into high-tech talents and promote the convergence of technology and finance across the globe.
The competition, which encourages start-ups from both the U.S. and China to participate, will take place in Silicon Valley and Zhongguancun simultaneously from May through November 2013, with finals in October that will include a challenge from the world's top investment experts. Leaders from VC firms and incubators in both the U.S. and China, including InnoSpring, Microsoft accelerator for Windows Azure, TEEC, AAMA, Sequoia Capital, DCM, IDG, Y-Combinator, Plug & Play, 500 Startups, Zhen Fund, will serve as judges. Start-up finalists from the Silicon Valley region will be awarded with generous cash prizes, including $50,000 USD to the winner, tutoring and a chance to participate in Demo China Spring 2014. Finalists will also be invited to join the Beijing Communication Conference with finals from Beijing portion of the competition.
As part of today's press conference, leaders from the Chinese Consul General in San Francisco and Z-Park, as well as renowned U.S. and Chinese venture capitalists will officially open the competition with a formal presentation to students and entrepreneurs interested in participating.
More information about the competition follows, or can be found on the competition website: http://Z-SVIEC.cyzone.cn/2013/
Overview of Innovation and Entrepreneurship Competition
The purpose of 2013 the First Zhongguancun-Silicon Valley Innovation & Entrepreneurship Competition is to encourage innovation and entrepreneurship, explore high-tech talents and promote the integration of technology and finance. The competition will bring together the most innovative start-ups in the two regions.
The competition will be opened for U.S. and Chinese startups and provide an opportunity for communications among US and Chinese entrepreneurs, and the organizing committee will invite the 12 final teams from Silicon Valley region to take part in the Communication Conference with counterparts from the Beijing region. Renowned experts from VC firms as well as incubators will be judging the competition.
As for the two regions, one is the hotbed of strategic emerging industries in China and the other is the old-brand Holy Land for entrepreneurs in U.S.; Zhongguancun-Silicon Valley Innovation & Entrepreneurship Competition across the two regions will be a splendid platform for entrepreneurs.
Timeline (May - November 2013)
Overview of Awards
Silicon Valley Region:
Beijing Region:
Registration
URL: http://Z-SVIEC.cyzone.cn/2013/ (will be ready on May 12)
Contact: Summer Wu
Tel: (8610) 8233 2922ext841
Email: conference@cyzone.cn
Organizational Structure
Organizing Committee
Terms and Conditions
We are looking for startups and teams from the industries of internet, mobile internet and next-generation mobile communication, biotechnology and healthcare, energy-saving and environmental protection, integrated circuit, new material, high-end equipment, new energy and new energy vehicles.
About Entreprenuer China
Founded in 2007, Entrepreneur China was co-invested by IDG and other world-renowned VC firms. Entrepreneur China has a content partnership with Entrepreneur Media Inc in the U.S. Entrepreneur China serves as a partner for Chinese entrepreneurs to succeed. Entrepreneur China Magazine is a monthly commercial journal focusing on innovation, start-ups and their growth. CYZONE.cn is the most influential domestic portal and interactive platform focusing on entrepreneurs and start-ups. Kuailiyu.com is one of the top tech blogs in China. Entrepreneur China also hosts a series of influential events including DEMO CHINA, The Hot 100 of Entrepreneur China, China Franchise 50, Entrepreneur China Annual Forum, DEMO CHINA club.