The winners will get:
- $100,000 startup investment fund from China venture parks in Tianjin and Jiangsu (must establish office in local cities)
- Directly enter into the final round of China Innovation and Entrepreneurship Competition Jiangsu Division (江苏科技创业大赛北美分赛) on August 20th in Suzhou, Jiangsu Province. This includes:
- Flight tickets to Suzhou (￥6000RMB/ person, 2-3 persons) and accommodations during the competition will be fully covered.
- Winner will be granted 50,000 RMB cash prize. There are also three second-place prizes and six third-place prizes worth 30,000 RMB and 10,000 RMB respectively.
- Outstanding teams in the competition will be referred to participate in the national final (中国创新创业大赛) organized by Chinese Ministry of Science and Technology and will be aired by CCTV nationwide.
- Winning teams who register a company in venture parks in Jiangsu Province in 6 months after the competition will be granted funding next year from Jiangsu Provincial Government innovation funding plan.
New York Side:
- One year office secretary service in Manhattan
- One year complimentary marketing promotion
- One year complimentary membership of CorpClub
- Complimentary service from law firms and accounting firms
- International media coverage
- 3-month complimentary incubation period, which worth 30,000 USD