The China UK Entrepreneurship Competition aims to encourage new business ventures between China and UK and is intended to simulate the real-world process of entrepreneurs soliciting start-up funds from early-stage investors and venture capital firms. The China UK Entrepreneurship Competition was founded by the PM (Prime Minister Initiative II) and was supported by the British Council and the Haban-funded Confucius Institute programme.
This year, the 10th China UK Entrepreneurship Competition is hosted by Northumbria University, Lancaster University, University of East Angelia, and Cocoon Networks – Europe’s first Chinese capital-backed, international, startup ecosystem. Cocoon Networks leverages a full suite of relevant support which the competition participants can benefit from: venture capital investment, business accelerators, incubator spaces, and IP management.
Other British and Chinese cornerstone partners of this year’s competition include:
– China-Yu Yao:the First Global Smart Manufacturing Entrepreneurship Competition Organising Committee
– Newcastle City Council
– China Innovation and Development Association
– British Chinese Young Entrepreneurs Association
– National Eastern Tech-Transfer Center
This year’s competition closely links up the opportunities in China and the enterprise teams in the UK. The high-quality teams will receive the following opportunities:
– £ 12 million policy supports and a series of £ 500,000 cash supports from the Ningbo Government, China;
– £ 2 million supports for each project from the ‘Peacock Project’ led by the Shenzheng Government, China;
– Free/discounted incubator space at the Cocoon Networks Central London Headquarters (4 Christopher St, London EC2A 2BS);
– Opportunities to participate in highly valuable Cocoon Networks’ accelerator programmes;
– Access to about 20 of Cocoon Networks’ top partners of venture capital companies;
– Green channel for British Tech inventions to for IPs in China;
– Strong network with top Chinese universities.
Key Dates of the Competition
– Launch — 14 March at Newcastle Civic Center
– Registration and outline proposal — 14 March registration opens; submit form online via email: firstname.lastname@example.org
– Submission closed — 31 May
– Submissions are being reviewed — 1 – 5 June
– Training Programme — 5 June Top 32 teams/individual submissions
– Semi-Final — 30 June
– Final — 17 July
– Excellent teams going back to China — 31 July
Submission and Contact Information:
– Please submit to: email@example.com
– Please send email to firstname.lastname@example.org to ask for the Submission Form and the Competition Entry Form Guide and all other enquires, including joining the competition WeChat group.