The First China(Shenzhen) Innovation & Entrepreneurship International Competition, Toronto Division Competition
Why participate?
The Competition is open to all high-caliber overseas talents and projects regardless of nationality. The Competition will offer generous awards totaling RMB 9,120,000 Yuan( $1,740,000 CND)to the winners. Single competitors can be awarded up to RMB 1,250,000 Yuan( $240,000 CND) (government subsidies and venture capital investment not included). 60 venture capital institutions will build a venture capital pool amounting to RMB 700 million Yuan ($134 million CND) for portfolio investment in winning projects. All entries can be linked with the service platform via corresponding competition investment and gain outside investment opportunities. Meanwhile, they will also be invited to attend The Conference on International Exchange of Professionals held in China.
Targeting Sectors
Congratulations to the cash-prize winners:
First Prize(20,000CAD ): Tappock
Second Prize(10,000CAD ): Magicyte
Second Prize(10,000CAD ): FlexCap
Third Prize(6,000CAD ): SEEM Technology
Third Prize(6,000CAD ): Bio-based Nano-material
Third Prize(6,000CAD ): CMOS-MEMS Array Infrared Identification Sensor
Congratulations to the China qualifiers:
Judges
Dr. Songnian Zhou, Chair of IEAC
Dr. Songnian Zhou is a Fellow of the Canadian Academy of Engineering. 1992-2012, Songnian co-founded and served as Chairman and CEO of Platform Computing Corp., the industry leader in cluster, grid and cloud computing. In 2002, Songnian received the Ernest&Young award for the Best Technology Entrepreneur of the Year.
Mr. Don Wrigh
President, The Winnington Capital Group, Chairman, Cinaport Capital Inc. Over 39 years in investment industry, Actively supports several charitable organizations, Director of MaRS Innovation Inc.
Prof. Xuemin (Sherman) Shen, PhD, P.Eng
University Professor at University of Waterloo, Fellow of IEEE, Engineering Institute of Canada, Canadian Academy of Engineering, and Royal Society of Canada.
Mr. Anatoliy Melnichuk
Head of Sales, Groupon – SnapSaves, CEO and Co-Founder, SnapSaves (Acquired by Groupon)
Mr. Aron Solomon
A serial entrepreneur who has launched everything from the first luxury-branded education pop-up, to a global education design studio, to a thriving innovation consultancy that imparts the attributes, values, and techniques of Silicon Valley to audiences around the world. 2015 winner of the prestigious Fastcase 50, which “highlights entrepreneurs, innovators, and trailblazers – people who have charted a new course for the delivery of legal services”.
Prof. Jun Yang
Professor, Department of Mechanical and Materials Engineering, and Biomedical Engineering Program, Western University Research interests include addictive manufacturing/3D printing, printed electronics, metamaterials flexible/wearable electronics, MEMS/NEMS/BioMEMS, sensors and actuators, micro/nanofabrication, surface engineering and lab-on-a-chip. Published 118 papers in high-quality journals, and holds 18 granted/pending patents.
Prof. Hani Naguib, PhD, P.Eng, Ceng, FIOM3, FASME, FSPE, FCSME
Professor, Mechanical Engineering at University of Toronto, Director, Toronto Institute for Advanced Manufacturing (TIAM), Fellow of American Society of Mechanical Engineers, Fellow of Canadian Society of Mechanical Engineers.
Mr. Ashek Mahmood, Associate Partner, Digital, Mobile & IoT at IBM Canada
Currently leading the Watson IoT consulting solutions practice. Strong technical and business development background obtained through various leadership positions in mobile, digital, AI and IoT solution development teams.
Mr. Peter Zhang
Licensed Foreign Legal Consultant, Gowling WLG, Former Partner, Grandall Legal Group, and King&Wood Mallesons, Over 20 years of experience in private equity investment, IPO, and cross-border M&A, Led IPO transaction in various sectors when he worked at China International Capital Corporation as a banker from 1998 to 2006
Mr. Benton Leong
Co-developer of System for Performing Advanced Mathematics using Symbolic Algorithms, University of Waterloo Co-founder of multiple companies including Maplesoft, Radical Flow, and Prolexion, CEO of Radical Flow and Prolexion, Executive-in-Residence for Communitech, Board director for GTAN, GT20, and multiple investee companies, Pitch coach for companies seeking financing, Professional Development Committee, National Angel Capital Organization.
Mrs. Ling Loerchner
Chief Commercialization Officer, Asia Managing Director at University of Waterloo, Board member on several spin-off companies, An active annual conference program committee member of Association of University Technology Management, and member of Licensing Executive Society, Senior advisor, Mayor of the City of Waterloo.
Dr. Jianzhao Li, PhD
Sr. Research Scientist in Electrical & Computer Engineering at University of Toronto; Senior Member of Optical Society and Member of SPIE; B.Sc (Sichuan University, China), M.Sc (Fudan University, China), and Ph.D (UEC, Japan), Research areas include lasers, laser material processing and micronano-fabrication, optical and photonic sensing, nonlinear and quantum optics, etc.
Dr. Leo Jingyu Lee
Senior Research Associate, Department of Electrical and Computer Engineering, Probabilistic and Statistical Inference (PSI) Group, University of Toronto, PhD&MASc in Electrical &Computer Engineering, University of Waterloo
Dr. Jun Pang
CEO of NorthernChem Inc.
Mr. Alan Yang, VP of CCAA, Canada Leader of CAMP
Well-known Canadian Angel investor, maintain a great partnership with all levels of Canadian Government Agents, Mainstream VC Funds and Angel Networks.
Prof. J. Stewart Aitchison
Professor, Electrical & Computer Engineering at University of Toronto, Associate Scientific Director for the Network Center of Excellence, IC-Impact, Research interest includes nonlinear optics, integrated optics and optical biosensors, Research has resulted in more than 250 journal publications, Holder of eight patents, which have led to the formation of four new companies, Fellow of the Institute of Physics, the Optical Society of America, the American Association for the Advancement of Science (AAAS), the Royal Society of Canada and the Royal Society of Edinburgh.
Mr. Steve Parry
CEO, Grenville Strategic Royalty Group
Mr. Vikas Ranjan
Executive Vice President, Gravitas Financial Inc. President, New India Investment Corp. Co-Founder, Ubika Research.
Dr. You-Zhi Tang
Chairman and CEO, Canada Cleantech Capital, An internationally recognized cleantech expert, Adjunct Professor or Academic Advisor for 4 universities, and Expert Advisor to the Chinese State Council’s Overseas Chinese Affairs Office, and Member of the Advisory Boards for more than a half dozen Chinese provinces and cities, Named the 2015 Global Chinese Influential People in Environmental Science and Technology by Hong Kong Satellite TV.
Mr. Yuri Navarro
CEO, National Angel Capital Organization, Representing Canadian Angel investors with industry and government, Chief of Staff, the Minister of Economic Development and Trade in the Ontario government, Policy advisor, the Minister of Energy and Infrastructure.
Testimonial
Michael Wang(Co-Founder of Tapplock)
The First Prize winner of The First Innovation & Entrepreneurship Innovation Competition, Toronto Division; China qualifier
It's a top-level competition that was organized professionally. The judges were experienced veterans of various industries and provided insightful advice. The complimentary pitch training session with mentors was helpful. It shed light on what VCs see in a pitch and how to tactically present to grab their attention. I also got to meet fantastic entrepreneurs from Toronto and around the world, and having driven, resourceful and fun people around is one of the best assets to have. Apart from the prize-money, we were also introduced to VCs and industry experts who gave us invaluable guidance on supply chain in China. The event was covered by many mainstream media, which gave Tapplock great exposure and coverage. I was genuinely impressed.
Nazanin Khalili(Technical Director of FlexCap)
The Second Prize winner of The First Innovation & Entrepreneurship Innovation Competition, Toronto Division; the Third Prize winner of the The First Innovation & Entrepreneurship Innovation Competition, Industrial Finals
The competition was organized extremely well and the judging panel was also exceptionally professional and fair. I’ve had the pleasure in interacting with many people like myself in the start-up business, as well as established entrepreneurs with great experience and exceptional expertise in their fields. It was a great learning experience for all the teams in shaping their pitch, investor presentations, as well as business proposals. I’ve been lucky to be selected to participate in the final competition and it was a great experience in that I was not only representing my company, but also the start-up ecosystem of Canada as a whole. It was an exceptional rewarding experience for me.
To us, it was never about the cash prizes (thou it was very nice to have), it was about networking, learning and improving our product strategies, which I thought we have been able to achieve with the competition. The organizers spent a lot of time and effort in organizing business networking, pitch practice sessions, as well as other events that allowed us to be better informed with regards to our market landscape and potential collaborators. We were also able to form close relationships with several companies from the networking sessions, benefiting us in strengthening our product offerings as well as expanding our customer networks.
Sci Innovation Centre has been actively helping participating companies not only during the competition, but also after the competition with business-related tasks and recommendations. FlexCap was also invited to visit Shenzhen after the competition during the past summer to visit the potential site for establishing a new entity in Shenzhen with better reach into the China’s technology market. The introduction visit was exceptionally helpful for us to decide and choose where to locate our commercialization platform in China.
Aaron Guan(General Manager, BOCO Technology Inc)
The Third Prize winner of The First Innovation & Entrepreneurship Innovation Competition, Toronto Division; China qualifier
My key takeaway here is that China in general and Shenzhen in particular takes innovation and entrepreneurship very seriously. This is clearly evident from the budget and resources they have put forward to ensure the competition is run as smoothly as possible both in Canada and in China. What impressed me the most is how they were able to bring together thousands of projects all over the world under one roof, and still provide the individual attention and advice directly relevant to each participant/project. They focus on a few key areas such as clean tech, IT, biomedical sector and materials & advanced manufacturing. They were able to find industry experts to act as coaches for the founders, they were able to directly connect us with investors and funding sources applicable to the startups, and most importantly providing us with the platform to showcase our work.
In this day and age, China is not a market that any company should miss. This Innovation & Entrepreneurship International Competition is a fantastic bridge for Canadian companies to understand the Chinese market and the resources available to help them get there. BOCO has already benefited from our participation. We have built a number of partnerships in China as a result and we have already drafted plans to expand our operation to China. There are many resources that Canadian companies can tap into in China, be it funding, policy or infrastructure support. And a market of 1.4 Billion people is not to be missed. Sci Innovation Center would be a great partner for Canadian startups to start with, and the prize money from the competition doesn't hurt either
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