The China-Britain Business Council (CBBC) and the Chinese Service Centre for Scholarly Exchange (CSCSE) intend to establish a platform for businesses, universities and graduates to meet and cooperate, in order to strengthen the links between higher education institutions and employers.
On 21st October 2014, CBBC signed a Memorandum of Understanding (MoU) with CSCSE which will help to improve the employability of graduates by fostering entrepreneurship and innovation. As part of this collaboration, CBBC and CSCSE, together with the University of Nottingham, have agreed to explore ways to bring the Chunhui Cup Pioneering Competition, an innovation and entrepreneurship competition for Chinese overseas students, to Britain.
The Chunhui Cup Pioneering Competition started in 2006 and has been held 9 times. It is co-sponsored by the Ministry of Education and the Ministry of Science and Technology of P.R.China, and CSCSE is the organiser. The Competition aims to boost entrepreneurship amongst overseas Chinese students and pave the road for them to establish high-tech enterprises back in China. It includes 8 innovation industries: Electronic Information, Biological Medicine, Cultural Creativity and Modern Service Industry, High Energy and High Efficiency and Energy Saving, Optical Mechanical and Electronic Integration, New Material, Resources and Environment, Agriculture Science and Technology. Previously, in 2014, after 102 days online application process, Chunhui Cup competition has received 259 project applications.
What can you benefit from the competition?
Successful finalists receive support such as opportunities to discuss financial report and help to set up their business. CSCSE will advertise all the finalists’ brief introduction on their official website after the competition for those worldwide Investment companies, organisations and individual who are interested in the project, they are able to contact finalist through Competition Organizing Committee, and according to record there were 188 projects in the finalist in the 9thChunhui Cup, so they all have equal opportunities to gain sponsorship.
Additional details about the Chunhui Cup Pioneering Competition can be found below:
The application period: 21st April – 31th July 2015
The review stage period will take place from 1st to 4th September and be completed by a panel consisting of innovation parks, university of science and technology parks, domestic enterprises experts and Venture Capital enterprises. There are 3 reviews: a preliminary review, an audit review and a final review. The shortlisted projects will be displayed on the Cup’s official website.
Short listing and Final:
The shortlisted project first owner will be sponsored by Ministry of Education under Chunhui plan to come to Guangzhou to the final in Guangzhou to hold discussions regarding setting up their project in China and attend the awards ceremony in mid December.
- Applicants can be a team or an individual although teams are preferred and encouraged
- The team can consist of Chinese and non-Chinese members but the main applicant should be Chinese
- Applicants can be existing students, graduates or working professionals, but must have overseas experience
- Applicants must have master degree or higher degree
- Applicants must have innovation start-up project
- Each participant/participating team is limited to a project
You are able to find more information about the latest 9th Chunhui Cup Pioneering Competition at the below website: http://cyds.cscse.edu.cn/publish/portal6/tab738/info16950.htm