The Second China (Shenzhen) Innovation & Entrepreneurship International Competition Toronto Division Competition
Introduction
The second China (Shenzhen) Innovation & Entrepreneurship International Competition is guided by the Ministry of Science and Technology, P.R.C and State Administration of Foreign Experts Affairs, P.R.C. Being hosted by Shenzhen Municipal Government of the P.R.C, the competition is organized by Human Resources and Social Security Administration of Shenzhen Municipality, Bao'an District People's Government of Shenzhen Municipality, Longgang District People's Government of Shenzhen Municipality, Pingshan District People's Government of Shenzhen Municipality and Science and Technology Innovation Committee of Shenzhen Municipality. To implement the concept of an international, high- end oriented, market- oriented and professional competition in accordance with the call of 'Public entrepreneurship and innovation', the competition aims to provide a platform stimulating mutual learning and innovations for competitors.

Without limitation of nationality, high- level talents and projects are admitted to this competition. Bonus of this competition totally reaches RMB 10.91 million, which includes individual bonus up to RMB1.4 million (Government subsidies and venture capital investments are not included). A venture capital pool of RMB 20.9 billion has been set up by 34 investment institutions, which helps support outstanding projects. Equal opportunities of social investment are going to be distributed via the platform to all participants which are going to be invited to the Conference on International Exchange of Professionals in Shenzhen as well. Additionally, policies for professionals,industrial incentives, technology and financial policies and project incubation are going to be provided in this competition.
Oversea Divisions
Competition Timeline
Eligibility
The Participants (Teams or individuals) should:
1. be those who have innovation achievements and business plans;
2. should possess full ownership of all rights related to the product, the technology and the patent, have no property dispute with any other person, and assume full responsibility caused by any possible infringement;
3. be those who had not won prizes in the 1st China (Shenzhen) Innovation Competition of International Talents, the1st China (Shenzhen) Innovation & Entrepreneurship International Competition and previous China (Shenzhen) Innovation and Entrepreneurship Competition shall not compete in this Competition.
Targeting Sectors
Five categories are involved in Industrial Competitions: Internet and Mobile Internet (Information Technology), Electronic Science and Technology, Biology and Life Science and Technology, Advanced Manufacturing, and Materials & Energy (including energy conservation and environmental protection). Internet of Things (IOT), Artificial Intelligence (AI), and Anti- cancer Technology
Cash-Prize
Cooperative Institutions
A pool of CNY 20.9 billion (CAD 4B) has been set up by 34 investment institutions, which helps support outstanding projects. Moreover, professional management, consulting, business planning and other supporting services are provided.
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.