The 2018 Hengqin Scientific and Technological Entrepreneurship Competition Awaits Competitors, Winners Can Get R&D Funding up to 100 Million Yuan

The 2018 Hengqin Scientific and Technological Entrepreneurship Competition will be receiving applications from June 22nd to September 20th. Participants can find more latest information and register on its official website (http://www.hqkcds.cn) or through its official wechat account (“横琴科技创业大赛”). The event will last until this November.

To better implement the “Zhuhai Talent Program” and promote innovation in Hengqin New Area, the Administrative Committee of Hengqin New Area decided to hold an entrepreneurship competition annually since this year, and appropriate funds totaled 300 million yuan as competition prize.

As the organizer of the competition, and in the principle of “just, fair and open”, the Administrative Committee of Hengqin New Area has invited many national experts on technology, venture capital and industrial economy as judges. The submitted projects will be judged from four aspects: industrial direction, innovative results, industrial prospect and team background. After initial screening, 150 projects will get the chance to compete in the preliminary contest, and the top 60 teams can then enter the semi-final and make open reply. Only 20 teams are lucky enough to enter the real final contest and less than 10 of them will receive R&D funding in the end. To encourage the R&D of new technology and realize industrialization, the organizing committee will also provide the competitor teams with relative preferential policies and introduce some top-class venture capital companies to them, so as to build an ecosystem of entrepreneurship and innovation that can best benefit the emerging industries in Hengqin.

Participants can register from June 22nd to September 30th. The competition mainly opens for strategic emerging industries, such as information technology, biomedicine, digital economy, new materials, and marine economy, and aims at supporting innovative and entrepreneurial teams that are promising in industrialization or have achieved advanced innovation results and breakthroughs in key technology. People from all countries can participate as long as you have a clean credit record. The core team must be over 3 members, and the projects and technologies submitted shall have no dispute over property rights. The competitor teams must have intention to come and do business in Hengqin. All participants can register by filling up required information in the official website and uploading required documents, and such information can be changed unlimitedly before deadline. The participating teams do not need to have a registered company in Hengqin during the competition, but the wining teams are required to register an entity with independent legal personality in Hengqin New Area before receiving their prize funding. In addition, they have to promise to conduct R&D or business activities within Hengqin, Baoshui and Hongwan area without moving out or changing their tax liability for 8 years.


According to the organizing committee, Henqin has always attached importance to high-level talents and high-tech programs. Currently in Hengqin New Area, there are over 6800 high-tech enterprises, covering some 2 million square meters. Meanwhile, Hengqin is unremittingly developing its comprehensive advantage of holding many internationally competitive talents. The government hopes that, by holding this event, excellent teams, venture capital institutions and technical experts which can contribute to Hengqin’s development can all be attracted here, and eventually creating an influential ecological chain of innovation and a better industrial ecosystem.