7th "1000 Plan" Startup Contest kicks off
The 7th "1000 Plan" Startup Contest kicked off on Jan 25, according to a news briefing held in Suzhou on the same day. It is scheduled to last till late October, when the finals will be held in SIP after preliminary contests and semi-finals.
The contest, an annual event initiated in 2012, targets startups that have finished domestic business registration for less than two years and individuals and teams that intend to start their own businesses.
This year, 50 projects will have the chance to win the awards, coupled with investment in their projects, prize money up to RMB 10 million and all-around business support from professional entrepreneurship mentors.
Renowned investors, entrepreneurs and experts covered by the National Thousand Talents Program will join the steering committee, jury and mentors' team to ensure fair competition and give a helping hand to the business startups.