Hi Global Entrepreneurs,
We've added this page to share with you opportunities to go to Asia (often sponsored). The best way to learn more about a potential market is to go there and experience it yourself. We will regularly update this section so check back in or subscribe to our newsletter so you don't miss opportunities like this!
Last updated 7/11/2017
Interested in bringing your startup to China? APPLY BY 7/13/2017
What You Will Get
1. Nomination for Phoenix Plan (Government grant from 100,000 to 300,000 RMB)
2. Free fast track company registration (In Chaoyang District, Beijing)
3. Policy consulting service on talent recruiting and industry financing
4. One-stop policy consulting service on resident status, work permit, foreigner visa and green card
5. Connect founders to 3 Chinese VCs
6. Well-known startup media coverage
7. 1,000,000RMB financing
8. 5 million startup loans
9. Air fare reimbursement
10. Free Startup Trip across China
How to Participate
OTEC Global Competiton – August 19, 2017
全球比赛 – 2017年8月19日
Any team or company founded by entrepreneurs all over the world, within 3 years old and before Series A round, can join the competition.
4 minutes presentation + 5 minutes Q&A + One day exhibition, including pitching to investors and the public on stage
All startup companies selected to the on-site competition will have access to free startup classes and mentors.
How to Apply
Submit your application for OTEC competition
form online before July 13 at
Send BP, industry, country, short company description, round of fundraising and number of team members to
OTEC Competition Organizers
OTEC, a comprehensive platform dedicated to serving startups with their business in China, which has been held for four years and attracted over 12,000 entrepreneurs, 3,000 projects and 100 investment organizations from 20 countries and regions along the way.
Chinaccelerator, a leading startup accelerator in China, is a mentorship-driven program helping internet startups from around the world cross borders – from the world into China and from China to the world. It is operated by the venture fund SOSV with $300M AUM operating eight global accelerators. Chinaccelerator offers three months of rigorous guidance, training and resources from mentors, partners and investors. The robust and supportive alumni network continues into the startups’ post-Chinaccelerator lifespan.
JOIN THE RISING CITY FOR STARTUPS AT XIAMEN INNOVATION COMPETITION: APPLY BY 7/10/2017
Xiamen, a south-eastern port-city with mild climate and colonial buildings, has always been a popular holiday destination. It’s also a strait across from Taiwan island.
This beautiful city is never meant for tourism only. It’s a rising star on the south-east coast of China for innovation and entrepreneurship, particularly for advanced manufacture, chips, biotech and fintech.
Now it’s a great opportunity for you to win up to $10,000.00 and up to 6,000,000 RMB award plus many more incentive policies from Xiamen!
SVIEF now calls for nation-wide start-up teams to join:
The First China Xiamen Innovation Competition
(Registration has already started and ends strictly on July 10th.)
Key Dates to remember:
- August: Preliminary Stage, Internet selection.
- September: Oversea Final Round, with roadshows in Silicon Valley. (We will post the exact date and time as the event approaches.)
The First China Xiamen Innovation Competition is organized by Xiamen High-Level Talents Recruitment Office, Xiamen Torch High-tech Industrial Development Zone, SVIEF, Xiamen High-tech Innovation Center and Xiamen Padmate Marketspace. All projects will be reviewed by a selection committee consists of experts and leaders in the industry from both the U.S. and China. The winning teams could win a prize of $2,000-$10,000 and get admitted to the “Double Hundreds Talents Project.” If you and your team choose to go to Xiamen for future development and launch their projects successfully, you could earn a substantial support of 1,000,000 RMB up to 6,000,000 RMB and enjoy certain incentive policies from Xiamen government.
Q1: What is the “Double Hundreds Talents Project”
A1: In 2010, the Xiamen government launched the Double Hundreds Talents Project, which aims to attract 100 high-level talents from abroad and 300 pioneer-entrepreneurs each year, in respond to the high demand of Xiamen’s developing pillar industries and emerging industries.
Double Hundreds Talents Project Highlights
Since first launched in 2010, the Double Hundreds Talents Project has seen prominent results and has successfully attracted distinguished talents from all over the world. The project committee has named 790 distinguished talents and entrepreneurs up until today. 70% of the talents had oversea experience, and over 80% of them have PhD degrees. Selected companies are mainly from industries including Electronics, Optoelectronics, Software Information, Integrated Circuits, New Materials, Biomedicine and other key developing emerging industries in Xiamen Municipal.
Projects that have launched successfully in Xiamen have seen rapid development with higher than average growth rate and better economic indicators than average companies. In 2016, the “Double Hundreds Talent Project” companies reached total revenues of 3,596.00 million yuan. Average y-o-y growth rate is 90%. The companies have received approximately 1 billion yuan subsidy fund from city and district governments. Till now, “Double Hundreds Talent Project” companies have attracted investments of 4,142 million yuan and reached overall asset value of 6,207 million RMB. Total market value of the companies has exceeded 70 billion yuan. One of the companies recently completed IPO in Hong Kong and four companies have received equity investment from large public companies and state-owned enterprises. Some other Double Hundreds Project companies are preparing for IPO in the near future. No doubt, the “Double Hundreds Talent Project” plays an important role in the social and economy development.
Key Incentive Policies
- The committee will provide 1 million RMB to each high level abroad talent
- The committee will provide 1 million to 5 million RMB as New Venture Fund for pioneer-entrepreneurs, in addition to free five-year 100-500 square feet rental space for business development.
- Enterprises are subject to other incentive policies on housing purchases, spouse employment, and schooling.
Q2: How to enroll in the Double Hundreds Talents Project?
Register for the SVIEF Xiamen Innovation Competition now by scanning the QR code below. All participating projects will be evaluated by the Double Hundreds Project Committee. The winning projects have the opportunity to receive $2,000-10,000 in prize. If the project launched in Xiamen Successfully, the team is eligible for rewards from 1,000,000 RMB to 6,000,000 RMB and will be subject to specific incentive policies. If your project is invited to Xiamen for demo and you are traveling from outside of Asia, there will be travel subsidies of up to 5000 RMB.
Q3: How to register for the Competition?
- Fill out project information on http://www.svief.org/xm
- After first intention submission, the system will automatically lead you to Xiamen Double Hundreds Project Online Application page. Please fill out the information as requested. Note: you must submit project information on the Startup Competition registration page first in order to be considered for the Double Hundreds Projects applications.
- Please download the PDF file and send it to firstname.lastname@example.org for judges to review
- Registration ends on July. 15th 2017
- All information must be filled out in Chinese characters!
Q4: What are the eligibilities for the Competition?
1. If your project belongs to (not limited to) the following categories:
a. New information technology
b. Semi-conductor and integrated circuit
c. Smart hardware and smart manufacturing
d. Internet of things technology
You are eligible to participate in the Xiamen Innovation Competition
2. Other requirements
a. Average applicant has five or more years of experience in domestic and abroad R&D and project management. Must hold at least 20% equity in the company. Willing to bring knowledge, project and capital to Xiamen Municipal. Must meet at least one of the following criteria:
i. Project leader is the leader in a certain field or industry that has strong market potentials
ii. Project must own independent patent or proprietary technologies that could potentially be put into productions
iii. Projects should be able to help accelerate growth of Xiamen key industries
Q5: How can my project be selected?
1. Preliminary stage: Online Contest
Time: August 2017 to September 2017
Projects will be evaluated according to the “Double Hundreds” criteria, and selected projects will enter the second round (final round)
2. Second round: Project Demo Session
Time: September 2017 (exact time to be determined)
Location: Silicon Valley, CA, United States
Selected projects in the second round will participate in the live defense session with the judges. The committee will select one best project, two runner-ups and three third prizes.
3. Project Review
A special committee consist of Xiamen government officials will determine whether Projects could be admitted to the Double Hundreds Project.
4. Project Launch
The Talent Introduction Special Committee of Xiamen will invite the admitted projects to Xiamen for roadshow and demo. After projects launched in Xiamen, the projects will receive relevant subsidy.