China (Shenzhen) International Innovation & Entrepreneurship Competition Invites Toronto Companies to Apply before Feb.28, 2017

The following video presents Shenzhen City:

“The First China (Shenzhen) Innovation & Entrepreneurship International Competition (hereinafter referred to as the Competition) is guided by the Ministry of Science and Technology of the PRC, the State Administration of Foreign Experts Affairs, P.R.C, sponsored by ShenzhenMunicipal People’s Government, and hosted by Longgang District People’s Governmentof Shenzhen Municipality, Pingshan District People’s Governmentof Shenzhen Municipality, the Human Resources and Social Security Administration of Shenzhen Municipality and the Science & Technology Innovation Committee of Shenzhen Municipality. In response to the call for “mass entrepreneurship and innovation by all” and as guided by the concept of an “international, high-end, market-driven and professional” competition, the Competition aims to provide a development platform for talents to learn from each other and to innovate.

The Competition is open to all high-caliber overseas talents and projects regardless of nationality.”

China (Shenzhen) International Innovation and Entrepreneurship Competition‘s applications from outstanding projects and competitors over the world are now accepted. The Competition has set eight overseas division competitions as follows:

Sydney, Australia,
Toronto, Canada,
Munich, Germany,
Bengaluru, India,
Tel Aviv, Israel,
Tokyo, Japan,
London, U.K., and
Silicon Valley, U.S.A.

The focus of the competition will be on Shenzhen’s five key industries as follows:

Internet and mobile Internet (information technology)
Electronic Science and Technology
Biological and Life Science and Technology
Advanced Manufacturing, and
Material and Energy (including energy saving and environmental protection).

“Shenzhen, which neighbors Hong Kong, is the fourth-largest mainland city in GDP terms. It has aggregated the top talents in the creative and IT industry around the country, with the aim to become one of the world’s leading technology-driven cities.”

http://www.chinadaily.com.cn/china/2016-02/05/content_23409928.htm

Toronto companies have the chance to win:

funding of up to $240,000,
access to venture capital and China government grants,
office space to develop and launch their technologies, and
build their companies in Shenzhen.

The Toronto competition will be held in March, with the top two companies from each sector selected to compete in the finals in Shenzen in mid-April 2017. The deadline for applications is February 28. For more competition information, please visit: itcsz.cn.

Good Luck! / Bonne chance!

NEWS RELEASE

16-Jan-2017

Toronto joins the first China (Shenzhen) International Innovation and Entrepreneurship Competition

Mayor John Tory today announced Toronto’s participation in the first China (Shenzhen) International Innovation and Entrepreneurship Competition. He was joined by Deputy Mayor Denzil Minnan-Wong (Ward 34 Don Valley East); Reza Moridi, Ontario’s Minister of Research, Innovation and Science; Senator Victor Oh; People’s Republic of China Deputy Consul General Xu Wei; and Jenny Qi, Chairperson of Canada Confederation of Shenzhen Associations.

“Toronto is excited to be part of this competition and to help provide this opportunity for our talented companies to grow in China,” said Mayor Tory. “I want Toronto to be seen internationally as a place where big things are happening and where companies can grow and expand their markets internationally.”

This international competition of eight cities offers the opportunity for high-calibre talent and projects tied to five key sectors to win funding of up to $240,000, access to venture capital and China government grants, as well as office space to develop and launch their technologies and build their companies in Shenzhen.
“This is an excellent way for Toronto companies to compete at a global level,” said Deputy Mayor Minnan-Wong. “Their participation, even if they don’t win, will help showcase Toronto’s innovation community to a worldwide business audience.”

In November 2016, the City of Toronto and the City of Shenzhen signed a memorandum of understanding (MOU) to exchange business information and opportunities. Toronto’s involvement in the competition is the first partnership resulting from the MOU.

The City of Toronto’s role in the competition is to help promote it to Toronto’s innovation community as an opportunity to access funding and export potential for their technologies in China. The Toronto division is co-hosted by the Canada Confederation of Shenzhen Associations and the Shenzhen Overseas Students Association of Canada.

“This international competition is worthy of the name of ‘the Olympics of Innovations’,” said Qi. “The competition is the first partnership formed between the two cities. As the largest immigrant cities and innovative cities in their respective countries, Shenzhen and Toronto will enjoy good potential for development in aspects of industry, culture, and innovation.”
The Toronto competition will be held in March, with the top two companies from each sector selected to compete in the finals in Shenzen in mid-April 2017. The deadline for applications is February 28. For more competition information, visit: itcsz.cn.

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