SUZHOU, China, June 3, 2021 /PRNewswire/ -- In order to boost the continuous innovation and development of China's medical device industry, deepen the cooperation among the medical device industry, universities, research institutions, users, capital sector and regulators in all aspects, and stimulate the innovative vitality of enterprises and medical and nursing staff, the China Medical Devices Design & Entrepreneurship Competition (hereinafter referred to as "the Competition") has been successfully held for three times under the initiative and guidance of Ministry of Science and Technology. A total of 283, 607 and 665 on-going medical device innovation projects have been collected domestically and internationally and a total of more than 1,200 enterprises and innovation service providers and institutional investors have participated in the Competition and related activities. More than 30,000 visitors have presented on site, and many heads of ministries, academicians and experts from regulatory and industrial authorities have given their valuable guidance and comments. A total of 167 projects have been awarded the first prize, the second prize and the third prize, which, according to the follow-up statistics within 6 months after competitions, have raised over 4.2 billion of investments cumulatively, while some projects have also received funding from governments at ministerial, provincial and municipal levels and from the development zone, as well as other awards. The Competition has effectively promoted the transformation of medical device achievements and has received wide appreciation. The Competition this year continues to be held by National Strategic Alliance for Technological Innovation of Medical Device Industry and is now open for registration.
Themed "supporting the international research collaboration and the achievement transformation and highlighting technological innovations and innovation services in light of actual needs", the Competition is divided into the following categories:
The above categories are further divided into the startup group (with registration certificates not obtained at the time of registration) and the growth group (with registration certificates obtained for the first time). The above categories may be appropriately changed at the discretion of the organizer according to the registration; and special sessions are set up according to the industrial needs for the convenience of industrial cooperation and synergetic development.
According to the schedule of the Competition, the registration (online) and preliminary (online review), intermediary (on-site presentation) and final contests (on-site presentation) are arranged, and the deadline for registration is to be extended to June 20, 2021 according to the actual situation. Applicants may visit the website for registration at http://www.cmddec.cn/.
Applicants may be a company or a team and may register for one project or product or more; projects or products that have been registered for in previous competitions are allowed in this competition; all projects and products should meet relevant national laws, regulations and policies.
No contestant shall be charged any fee throughout the Competition. In order to encourage the participation in the innovation, the projects that win the first prize, the second prize and the third prize in startup group in the final of each category will be awarded tens of thousands of Chinese Yuan, and the projects that win the excellence prize will receive valuable awards. For projects that participate in the on-site presentation in intermediary, final and special contests, contestants (2 persons per project) will be provided with free room and board and travel allowance (limited for bearer) for corresponding contest.
Overseas participants (including those from Hong Kong, Macao and Taiwan regions) are welcome to register directly to participate in various categories of the Competition.
The schedule of the Competition will be subject to changes by the organizer from time to time according to the requirements for epidemic prevention and control and for entering China. Participants may take part in the special session for overseas projects (including those of Hong Kong, Macao and Taiwan regions) in the form of videos.
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