In response to China’s call for people to do business creatively and encouraging innovation and centering on the new requirements of Shanghai’s moving toward the scientifically and technologically innovative center with global influence, the contest aims to enhance young people’s capabilities in innovation and startup and give support to those teams and projects that accord with Shanghai’s development orientation by building platforms, integrating resources and creating a favorable social atmosphere for young people’s innovation and startup.
Theme of the contest
Innovation And Entrepreneurship, We Are In Action
Guided by: Shanghai Coordination Office for Talented Personnel
Sponsored by: Shanghai’s Communist Youth League, Shanghai Internet Information Office, Shanghai Municipal Commission of Economy and Information Technology, Shanghai Municipal Commission of Commerce, Shanghai Municipal Commission of Education, Shanghai Municipal Science and Technology Commission, Shanghai Human Resources and Social Security Bureau, Shanghai Municipal Agriculture Commission, Shanghai Federation of Returned Overseas Chinese, Shanghai Youth Federation and Shanghai Lingang Economic Development (Group) Co. Ltd.
Undertaken by Shanghai Youth Startup and Employment Foundation, Shanghai Youth Startup and Employment Promotion Association, Shanghai Young Entrepreneurs’ Association, Shanghai Informatization Youth Talent Association, Shanghai Creative Youth Talents Association, Shanghai Youth START-UPs Association, Shanghai Youth Startup Institute.
Assisted by: Youth Leagues in districts, government departments and universities, Shanghai Innovation and Startup Investment Center, Shanghai Small and Medium-sized Enterprises Service Center, Shanghai International Technology Import & Export Promotion Center, Shanghai Technology Innovation Center, Shanghai SAT Investment Co. Ltd., Media Co. Ltd, Youth League of INESA Electronics (Group) Co., Ltd. and Citylinker.
Supported by: “Dream Workshop” youth centers, media, investment institutions, industry associations and Shanghai Innovation and Entrepreneurship Service Alliance for Overseas Chinese.
The Shanghai competition adopts the competition system of “comprehensive competition+ unit competition + special competition”. According to the projects and the registration time of the enterprises, the participating groups are classified as follows:
1. Comprehensive competition
(1) Startup group: In accordance with the registration time of the enterprise, there are startup group and growth group. If the enterprise was registered within 2 years (inclusive), it falls into the startup group. If the enterprise was registered 2-5 years ago (inclusive), it belongs to the growth group. At the same time, this comprehensive competition is open to overseas participants, attracting outstanding global project resources.
(2) Innovation Group: Technological innovation is mainly based on the development of a new product, the creation of a new technique, the promotion of new technology and the transformation of a new achievement.
2. Unit Competition
Centering on the construction of the four major brands in Shanghai, the unit competitions are held according to the features of various business lines and market hot spots.
(1) Serving the economy and people's well-being, including modern service industry, productive service industry and living service industry.
(2) Smart Manufacturing, including intelligent manufacturing technology, intelligent manufacturing systems, and VR/AR technology.
(3) Consumption upgrade and new retail, including cloud platforms for consumption, sales entities, manufacturers, and new logistics.
(4) Cultural creativity, including cultural creativity, gaming animation, new media, education, sports, tourism, etc.
3. Special Competition for AI Park
Based on the massive industries, parks, businesses, and personnel of the AI Park smart city feature platform in Lingang, participating teams are required to use IoT, big data, cloud computing, block chain, and artificial intelligence to offer data innovation, technological innovation, application innovation and product innovation for topics concerned by governments, enterprises and individuals.
The innovative applications of participating teams can be deployed in smart cities, smart government affairs, smart parks, smart communities, smart transportation, smart planning, smart campuses, smart energy, etc. to provide a brand-new concept and technological support for smart cities that are suitable for living, doing business and developing industries.
1. Contestants’ Qualifications
(1) A contestant can be an individual or a group.
(2) If a contestant is an individual, he/she must have been born after 30th June, 1983.
(3) If a contestant is a group, it can consist of maximum 5 persons. The group leader must be under the age of 35 while other group members’ age must be under 40 (born after 30th June, 1978) with an average group age under 35 years.
(4) For those individuals and projects that have won awards of previous Innovation and Startup Contest or have become candidates for Shanghai Youth Startup Talents Program, they shall not participate.
2. Qualifications’ for Projects
(1) A project must not violate China’s laws and rules as well as China’s industry policies.
(2) A project must not infringe upon others’ intellectual property rights.
(3) A project must enjoy good economic and social effectiveness and good social reputation.
(4) A project must have its unique product, technology or business mode with relatively large investment value.
(5) Product prototypes or service models have been developed with advanced core techniques and mature business models.
3. Registration Rules
(1) A participating company must have been registered after 30th June (inclusive) 2013.
(2) A contestant shall submit related business license, tax registration certificate, permit for opening a bank account, certificate of its specialized product, startup scheme, project growth process or production process introduction as well as project development concepts in various development stages.
(3) The first applicant for the startup enterprise shall be its legal representative with no less than 30% (inclusive) of its shares.
(4) Each contestant can apply for only one competition.
1. follow-up service
(1) relying on support from Shanghai Youth START-UPs Association, Shanghai Youth Startup and Employment Foundation, Shanghai Youth Startup and Employment Promotion Association and Shanghai Technology Entrepreneurship Foundation for Graduates, winning contestants’ needs for innovation and startup talents, venues and funds will be taken into consideration.
(2) Through “Dream Workshop” youth centers in Shanghai, innovation and startup resources in the youth leagues at all levels in Shanghai will be available to winning contestants, offering them comprehensive service.
(3) WeChat Platforms of Jiefang Daily, Youth Daily (Dream Weekly), Shanghai Observation, Youth Shanghai, Shanghai Youth Federation and Dreamventure will offer winners online and offline publicity channels including new media and traditional media.
(4) Comprehensive service including employees’ accommodation, recruitment, office venues and equipment, legal, financial and tax consultation, software application as well as contact with specialized investment institutions will be provided for excellent startup projects.
2. recommendations of winners for other activities
(1) China Youth Innovation & Entrepreneurship Competition. The top 10 units in each competition will have the priority to enter China Youth Innovation & Entrepreneurship Competition.
(2) Shanghai Youth Entrepreneurship Talent Selection Training Course. The top 10 units in each competition will have the priority to attend Shanghai Youth Entrepreneurship Talent Selection Training Course.
(3) International Innovation and Startup Fair. The top 30 units in each compitition will have the priority to be recommended for International Innovation and Startup Fair.
(4) Startup shows. Excellent projects and individuals will be recommednded for “STARTUP HEROES” in CCTV-2, “YOU ARE THE MIRACLE” in Hubei TV, “SPEEDUP FOR YOUR DREAM” and “CHINESE PARTNERS” in Shenzhen TV, etc.
(5) Dream Forum. Excellent startup contestants will be invited as speakers or forum guest for the serial lectures of Dream Forum.