China Innovation and Entrepreneurship Competition for Overseas Talents
Changchun, China March 1-June 24, 2017

WHAT IS IT?

Jointly endorsed and approved by the China Association for Science and Technology (CAST) and the People’s government of Jilin Province, China Innovation and Entrepreneurship Competition for Overseas Talents will be conducted from March to June in 2017. The purpose of the event is to attract overseas high-level talents and projects to set up new businesses with advanced technologies in Changchun.
Aiming at creating a service platform for the promotion of science and technology achievements, the organizers call for innovation and entrepreneurship projects to settle in Changchun.
The Organizing Committee cordially welcomes individual overseas professionals and professional bodies / project teams to join the competition and submit projects to the Secretariat in the following three major categories:
1) Health and culture industry (Biomedicine, health services, pension, modern agriculture, cultural creativity, etc.)
2) Electronic information (IT, new materials, artificial intelligence, optoelectronics, etc.)
3) Equipment manufacturing and new energies (Automotive, rail transportation, environmental protection, etc.)
The first prize winners will receive financial support from the Changchun government, PE firms and venture capitals, and will be recommended to participate in the 2017 National Innovation and Entrepreneurship Week.

ORGANIZATION

Sponsor:

China Association for Science and Technology
People's government of Jilin Province

Organizer:

Overseas Chinese Entrepreneur Alliance (OCEAn), CAST
Jilin Economic and Technical Cooperation Bureau
Jilin Association for Science and Technology
Changchun New District

DATES AND LOCATION

Registration: March 15 - April 15, 2017
Preliminary Contest: April 15 - May 15, 2017
Final Contest: June 22 - 24, 2017
Location of the Final Contest: hangri-La Hotel Changchun

COMPETITION PROCESS

Stage One: Preliminary Contest.

The deadline for online submitting application forms is April 15th, 2017

Stage Two: Selection

There are 5 overseas sub-divisions: the eastern part of the U.S., the western part of the U.S., Europe (including the Israeli sub-division), East Asia sub-Division (Japan and South Korea), Asia-Pacific sub-Division (Singapore, Malaysia, Thailand, Indonesia, Australia and new Zealand.) The Preliminaries are sponsored by Overseas Chinese Entrepreneur Alliance (OCEAn.) and the local Chinese communities. Each sub-division recommends 30 projects to participate in the pre-contest defense. Preliminaries results will be concluded before May 15th, and 50 projects will be selected to enter the finals.

Stage Three: Final Contest

The Organizing will invite the 50 projects/teams to the final contest to be held in Changchun, and arrange showcases and meetings with financial institutes.

PARTICIPATION ELIGIBILITY

Participation Requirements: Participants must be overseas high-level talents of overseas study background (master's degree and above) and now works overseas, intending to start business in China. Individuals and teams currently living in Changchun are not invited.
1、 Start-up projects in principle;
2、 Core members of participating teams must be the legal owner of the intellectual property and copyright of the participating projects;
3、 Participants are expected to provide a business plan with clear business mode including but not limited to: core technology, market prospects, operating strategy, capital need, future planning and information of team members.

SUPPORT POLICIES

Entrepreneurship starting support

Set up the 50 million yuan contest entrepreneurship fund. The projects after settling are directly incorporated in the Overseas Advanced Leading Personnel Projects of “Changbai Withub” Talent Program and the projects winning the special prize, 1st prize, 2nd prize, 3rd prize and excellent prize are given the fund support of 1.5 million yuan, 1.2 million yuan, 1 million yuan and 0.8 million yuan after settling, respectively. In the contest are set 1 grand prize, and the winner is given the fund support of 2 million yuan after settling in the district.

Investment support

According to the requirements of the enterprise, the equity investment of not less than 1 million yuan can be provided. The first-rate innovation and entrepreneurship team, which leads the industrial development and can bring the great economic benefits and social benefits in the world, can be given the maximum equity investment of 50 million yuan on the basis of one decision for one thing according to the actual situation. According to the requirements of the project, the maximum loan interest discount of 0.5 million yuan can be given.

Housing subsidies

Provide a 200m2 office place and 150m2 apartment or housing rent subsidy free of charge within 3 years. The personnel purchasing an apartment by himself and herself in Changchun is given the maximum subsidy of 0.2 million yuan. The scientific and technological incubator (maker space) or accelerator settling, if the office place is more than 200m2, is given the subsidy of 50% of the actual housing rent, the maximum 20 yuan/m2/month and the maximum subsidized area is 2000m2.

Special personnel rewards

The new excellent personnel with the annual salary income of more than 0.12 million yuan introduced by the enterprise is given the subsidy of 10% of the annual salary income, the maximum 60000 yuan/year/person for consecutive 3 years; the full-time doctoral candidate and postgraduate candidate are given the subsidy of 800 yuan/month and 500 yuan/month for consecutive 3 years, respectively.

Incentives

One first prize, two second prizes and three third prizes are to be awarded in the three main industrial categories. The first-prize projects will be recommended by the Chinese Association for Science and Technology to participate in the main venue during the 2017 National Innovation and Entrepreneurship Week.
The grand prize will be set according to the finals contest's case, and will be recommended by the Chinese Association for Science and Technology to participate in the main venue during the 2017 National Innovation and Entrepreneurship Week.
The fifty finalist projects/teams will be awarded a certificate of honor by the Organizing Committee.
If the finalist projects are settled in the Changchun New District, they will be incorporated in the "Changbai Huigu" excellence overseas high-end leading talent project. In addition, they will also be provided with support in the form of innovation and entrepreneurship funds, subsidized office space and special talent incentives.

Contact:


Secretariat, Overseas Chinese Entrepreneur Alliance (OCEAN.)
Contact Person: Xiaoli Chen
Phone: 13601890939
Email: kaksong@126.com
Party Working Committee Office
Contact Person: Qizhi Wang
Phone: 15843071601
Email: 754196919@qq.com
HOME Program Office of China Association for Science and Technology
Contact Person: Xin Ma
Phone: 13581711315
Email: maxin.hzb@hotmail.com
Jilin Association for Science and Technology
Contact Person: Chunping Jiang
Phone: 13009116396
Email: 799157831@qq.com
The official website: www.cc-rencai.com
The official WeChat: overseas talents’ event on entrepreneurship
Sign in at www.cc-rencai.com and submit true and complete registration information online as required.
Announcement of Submission Deadline Extension:
        Due to the recent request from many participating organizations to extend the project submission period, the Competition Committee approved to extend the final deadline from March 15, 2017 to April 15, 2017 (11:59 BT).

Regards and Thanks.

The Competition Committee
April 15, 2017

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