The final of the 4th "GCL Cup" International Collegiate Green Energy Technology Innovation and Business Startup Contest was held at Hilton Suzhou, SIP on Oct 30. After expert valuation, 40 of 80 entries selected from 403 projects from 66 domestic and overseas universities and colleges were declared winners.

The contest, an annual event jointly initiated by Chinese new and clean energy conglomerate GCL Group and Shanghai Jiaotong University in 2015, is designed to offer chances for college students from around the globe to showcase their innovative ideas and business projects and get help for putting them into practice.

This year's event, launched in May, embraced projects engaged in green energy sources, smart energy utilization technologies, AI, nano-materials, Internet of Things and biomedicine. The winners received home money awards along with policy, talent, financial and technical support from GCL Group and its partners.

At the award ceremony, a GCL subsidiary engaged in new energy signed agreements with two outstanding awards winners for strategic cooperation in their projects.

The event also incorporated a forum on green energy technology innovation, where two experienced entrepreneurs shared their views on investment opportunities related to energy development and technologies for development of eco-friendly materials.