In order to further introduce leading overseas high-tech projects with originality and creativity and attracting high-level overseas talents and talented teams to WuHan, Hubeito start up businesses and promote innovation and entrepreneurship China Association for Science and Technology and the People's Government of HubeiProvince have decided to host China (WuHan) Overseas Talents Innovation and Entrepreneurship Competition.

The competition will focus on strategic emerging industries globally such as integrated circuit and chip design, big data and artificial intelligence, 5G, biomedicine and medical devices, new materials and high-end equipment. Projects with innovativeness and high growth potential are encouraged to enter the competition.

The competition is divided into the following three groups by areas of expertise:

1)Big Health (Biomedicine, medical equipment, smart medical treatment, etc.)

2)Electronic Information Technology (AI, IC design, sensor technology, intelligent control, etc.)

3)Advanced Manufacturing, New Materials (Solar energy, Wind energy, New energy, rail transportation, advanced instrumentation, automation equipment and materials, etc.)

Hosts:

China Association for Science and Technology (CAST)
People's Government of Hubei Province

Organizers:

Hubei Science and Technology Association
Management Committee of Wuhan East Lake New Technology Development Zone
Overseas Chinese Enterpreneur Alliance

Overseas Co-organizers:

Association of Chinese-European Innovation and Entrepreneurship(ACEIE)
Japan China Science Technology and Culture Center
i Bee Hub,
Overseas Chinese Entrepreneurs and Professionals Association
China Overseas-Educated Scholars Development Foundation
China-Israel Culture & Commerce Advancement Association
Ausinan Science & Technology Society Incorporated(ASTS),
Ivy League of High-tech Entrepreneurs
Overseas Chinese Society for Technology & Business in UK(OCSTAB)
eCommerce Association of Singapore (ECAS)
Technology and Commerce Association of Chinese in Germany
North American Chinese Student Association
Cyc Royal Internation
European Consortium of Technology Transfer
D.Lab Ventures
World Young Scientists (YES) Network
China Association of pharmaceutical Scientists,USA
Beijing Health Promotion(BJHPA)
International Technology Transfer Network
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HaiNaBaiChuana
Sino European Federation of Lifesciences
Stellar Nordken Innovation Center
UK High Tech Talents Association
Canada-China Sci-Tech Alliance
Centre of the Russian-Chinese humanitarian cooperation and development

Schedule: May-September 2021.
Finals: September 8-September 11, 2021.
Venue for the Final: Wuhan East Lake New Technology Development Zone

Application (deadline: June 30, 2021 at 24:00)

Projects for the competition shall be recommended by Sino-foreign cooperative entities, industrial institutions, investment institutions, universities and scientific research institutes, and register online on the official competition Website (http://www.zghcl.net).

Preliminary review of tryouts (deadline: July 15, 2021 at 24:00)

A review panel comprised of 15 experts (5 in each field) in industrial technology, venture capital institutions, well-known enterprise executives, and representatives from the government, will select 180 outstanding projects to be qualified for online primaries.

Online primaries (deadline: August 1, 2021 at 24:00)

180 shortlisted projects are required to give video presentation and oral defense in the group they are competing in the online primaries. The time limit for each project presentation is 15 minutes in total (including 5 minutes for answering the questions from two judges). 20 projects will be selected from 60 projects of each group to advance to the finals in WuHan.

The Finals in WuHan ((September 8 to September 11, 2021))

The items that advance to the Wuhan Finals will be invited to Wuhan to participate in the finals of the competition during the 23rd China Association for Science and Technology Annual Meeting after being confirmed by the organizing committee of the competition. Each group will pass the project roadshow, on-site defense, and comprehensive evaluation. 1 first prize, 2 second prizes, 3 third prizes, 4 winning prizes were selected respectively, and the award ceremony was held. To There will be no host at the final roadshow defense, and the leader of each judging group will preside. For the final roadshow defense, each team allows a maximum of 1-3 members to participate in the defense. Each project defense has a time limit of 20 minutes, including 10 minutes for the team roadshow presentation, answering questions from the judges and scoring a total of 10 minutes.

Participants eligible for the competition include individuals, teams or companies from overseas. The relevant qualifications are as follows:

Individuals (teams): There is no age requirement for individual participants or team leaders, but master's degree or above obtained from overseas is required. Participating projects shall be in a mature stage with business plans prepared for the target area of the competition. Relevant technologies shall be leading domestically and in line with the industrial development directions of Hubeiwith good market prospect and commercialization readiness.

Companies: High-growth, technology-based and innovative companies closely related to the industries in the target areas of the competition are encouraged to participate. The company founders (or technology leaders) shall have master's degree or above from overseas and hold more than 30% of the company's shares.

All participating projects are required to be start-up projects in principle; core members of the participating project must have legal intellectual property rights or be authorized to use the IP rights of the project. Individuals (teams) and companies that have previously settled in Hubeiare not eligible for the competition.

Awards

3 first prizes, 6 second prizes, 9 third prizes, and 12 honorable mention prize winners will be selected in the finals.

Subsidies for entering the finals

The room and board expenses for the participants (teams) selected to compete in the finals in WuHan will be borne by the organizing committee. Certain amount of international travel subsidies will be provided.

Local policy support

Wuhan East Lake New Technology Development Zone will be included in the "3551 Optics Valley Talent Plan" for entrepreneurial talents or outstanding young talents that have won the third prize or above and landed in the East Lake High-tech Zone within one year after the competition. The maximum 10 million will be given according to relevant standards. Yuan's unpaid subsidy.

Capital Support

About one hundred Well-known domestic investors will be invited to observe the competition to provide funding opportunities for high-quality projects and directly join in the funding of the competition for business incubation, innovation and cooperation.

Global talents

Global talents are expected to participate in the competition from various countries and regions, such as the United Kingdom, France, Germany, United States, Canada, Australia, New Zealand, Singapore, Israel, Japan, Russia and Ukraine, etc.

I) Participants must be responsible for the authenticity of their submittals, with no plagiarism, misappropriation, pirating and other illegal misuses. Once found, the eligibility for participation will be nullified. Violators caught after winning the award will be disqualified from receiving any financial incentives. If there are any intellectual property disputes involving the participating projects, the related participants shall assume all the responsibilities.

2) The materials submitted by the participants will be reviewed by the judging panel for the reference of the competition organizing committee, which will be strictly kept confidential.