The 12th China Innovation & Entrepreneurship Competition (National Competition) Kicks off in Hunan Xiangjiang New Area

|ChinaNews|Published:2023-09-29 23:59:41

On September 26, the opening ceremony of the 12th China Innovation & Entrepreneurship Competition (National Competition) and the New Materials Industry Development Summit was held in Xiangjiang New Area, Hunan Province.

The 12th China Innovation & Entrepreneurship Competition (National Competition) Kicks off in Hunan Xiangjiang New Area_fororder_圖片 111

Opening Ceremony

The opening ceremony of the national competition released the new materials industry ecosystem of Hunan Xiangjiang New Area with a detailed analysis, with the aim to help promote the connection and matchmaking of key new material application enterprises with participating enterprises in this competition.

A total of 242 sci-tech innovation enterprises in new materials joined in this national competition in Changsha. Their entries mainly involve new materials such as ultra-thin carbon fibers, high-performance ceramic fibers, rare-earth magnetic materials, new-generation biomaterials, new energy materials, high-temperature superconductors, graphene materials and high-entropy alloys, as well as related wide applications in aerospace, marine, petroleum, new energy vehicles, medical equipment, precision ceramics, information display and other fields.

The award-winning enterprises will receive support from national, provincial, municipal, and new area sci-tech programs on top of guidance in listing and talent policy application. Additionally, among the partners of the competition, banks and other financial institutions can provide technology-related preferential financial support for award-winning enterprises that open settlement accounts and raise money at their science and technology branches. Moreover, the venture capital (VC) funds will offer a total of CNY-one-billion VC investments, giving priority to financing and investment of outstanding projects in the competition.

It is reported that Hunan Xiangjiang New Area is to cultivate a fertile land for entrepreneurs to see their dreams bear fruits. Taking the competition as an opportunity to further promote the in-depth integration of science and technology, finance and industry, the Xiangjiang New Area will inject an "impetus of new materials" into its efforts to build the core pioneering area of a global R&D center in Changsha.

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