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TMT competition held at Caohejing

2013-09-17 14:04

Caohejing Innovation & Entrepreneurship Center joined hands with Tencent and startupCN.org to launch 2013 Shanghai TMT Competition at Caohejing on August 31.

The competition themed “Entrepreneurship in Shanghai with eye on Caohejing” also focused on China’s Internet innovation and entrepreneurship.

Six groups became winners who can enjoy the center’s services in start-up funding, angel investment, use of free office and low-interest loans, said a senior manager from the center.

The center has set up an entrepreneurial growth fund to provide funds of more than 10 million yuan for entrepreneurship, the manager said, adding that winners will have chances to attend a journey to the Silicon Valley in the US and be members of various observation delegations.

The competition lasted two days with coachers to teach entrepreneurs on the first day ways of how to create business and investors to give them lessons on entrepreneurial experience on the second day.

Twelve projects and three teams, which were chosen from 40 projects and 100 candidates, competed with each other for one first prize, two second prizes and three third awards, said the manager.

Present at the competition were 500 entrepreneurs, 12 tutors, eight coachers, reporters from 20 media and about 1,000 spectators.

 

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