Sci Innovation Centre invites promising tech ventures to a pitch competition to choose 20 com-panies from Canada to represent
Canada at the China (Shenzhen) Innovation and Entrepreneur-ship Competition (IEIC) in April 2019. The ten finalists
from the SCI Toronto competition will be awarded cash prizes of up to C$20K each plus an expense-paid trip to compete
at what has been called The International Olympics of Entrepreneurship.
Companies with strong IP and solutions for a global market are encouraged to apply, regardless of company stage or
prior funding. Companies wanting to do business in China, establish man-ufacturing partnerships in Shenzhen, or solve
some of China’s challenges are especially wel-comed. Prizes awarded at Shenzhen IEIC 2019 will go up to C$200K for
winners in each of the sectors. They will also be introduced to institutional investors managing C$4B in funds. For
companies seeking seed to Series C financing, Shenzhen IEIC 2019 is the place to be.
For more information, please contact Alan Wang +1(647)675-7212 or Jie Lin +1(647)806-6882.
Other Supportive Policies
Winners who are certified as Peacock Plan Class C Talents will be awarded RMB 1,600,000.
Winning projects in overseas division competitions that are eligible for local industrial supporting policies and
are based in Shenzhen will be awarded up to RMB 1,000,000 as start-up funds per regulations.
China Merchants Bank will help competitors to complete the registration of Shenzhen business affairs, and recommending
cooperative lawyers who are able to provide legal services for competitors; China Merchants Bank will also provide
financial services of settlement for competitors, including but personal settlement accounts, application of personal
credit cards, personal social security cards, reserved fund cards and housing mortgage loans not limited.
Enterprises with certificates of talents and intellectual properties can debit and credit maximum amount of RMB 30
million yuan from Bank of Jiangsu.
Winning projects in overseas division competitions that are settled down in Shenzhen will have priority to access
the creative and industrial parks as well as incubators at the municipal and district level. Rent reduction/exemption,
bonus and other benefits will be offered as well.