The Competition
Zhongguancun, Bejing, is China’s equivalent of Silicon Valley. And it’s home to the popular accelerator Dongsheng Science and Technology Park, which is teaming up with Dao Ventures to make its Global Entrepreneurship Competition available to United States competitors for the first time ever. They detailed the contest’s goal in a recent press release: The application page is hosted at Dao Ventures’ site, and anyone with a startup that could benefit from operational representation in China is encouraged to apply.
The Prizes
Of course, no competition is complete without a host of juicy prizes. The first-place U.S. winner of 2016’s US-China Entrepreneurship Competition will receive a $5,000 cash prize, with $3,000 and $2,000 going to the second and third place winners, respectively. More importantly, however, the first place prize includes a chance at the international title in the final Dongsheng International Entrepreneurship Competition in Beijing, provided Dongsheng selects them. The first place winner there gets the $160,000 Grand Prize. Other possible prizes include prospective investment meetings with Chinese investors, free office space in Dongsheng’s Beijing accelerator, and pro bono consulting and mentoring services worth up to $30,000. The deadline to remember is Oct. 30, 2016, so sign up before then for a shot at being a chosen U.S. finalist on Nov. 2 and attending the award ceremony on Nov. 10, 2016. Image: Wikimedia
