The first Zhongguancun-Silicon Valley innovation and entrepreneurship competition launched in May

News and Technology May 14, the first Zhongguancun-Silicon Valley innovation and Entrepreneurship Competition initiation ceremony in Beijing, Silicon Valley, both held simultaneously. The contest by the Zhongguancun Administrative Committee as the guiding Unit, "entrepreneurial State" magazine and Beijing vast intellectual Investment Management group contractor. Co-organizer includes Zhongguancun in the Silicon Valley Liaison Office, Zhongguancun vast Silicon Valley Science Park, Microsoft Cloud Accelerator, Tsinghua Entrepreneur Association (TEEC) and many other from home and abroad, a number of venture, incubation institutions.

Zhongguancun Management Committee director Guo Hong through the video announced the first 2013 Zhongguancun-Silicon Valley innovation and entrepreneurship competition officially launched. China in San Francisco Economic and commercial Counsellor Xia, IDG Capital Founding partner Shong, DCM founder, director partner A in Silicon Valley, the Ministry of Science and Technology Torch Center deputy Director of Zhang Zhihong, Zhongguancun Management Committee deputy director Xuanhong, Zhongguancun Management Committee, the director of entrepreneurial services Yang Yanju, As well as the founder's CEO and publisher Nanlini in Beijing, attended the conference.

The press conference was held at the same time in China, Beijing and Silicon Valley. Half of the guests in the United States Silicon Valley, the other half in Beijing, through the remote video, the two places of the conference scene together, also fit the Zhongguancun-Silicon Valley innovation competition in the cross-regional characteristics.

As the world's most active entrepreneurial center, Silicon Valley open entrepreneurial environment, rich entrepreneurial resources, the birth of Apple, Google, Facebook and a number of great start-ups. "Willing to risk, the courage to innovate" is the entrepreneurial spirit of Silicon Valley, and zhongguancun innovation culture (300336, shares bar) has the same connotation, innovation and entrepreneurship has always been the immortal soul of Zhongguancun. After more than 20 years of development, Zhongguancun has formed a good entrepreneurial culture, gathered a large number of high-quality entrepreneurs. At present, Zhongguancun has a total of various types of entrepreneurial services institutions hundreds of, forming a business incubation, entrepreneurship education, entrepreneurial exchange, early investment, entrepreneurial media and other services organizations and business. Various types of entrepreneurial services incubator total area of 3.24 million square meters, the cumulative number of enterprises more than 10,000, in the incubation enterprise more than 7,000, each year more than 1000 entrepreneurial enterprises into the incubation institutions.

Xuanhong, deputy director of Zhongguancun Management committee, said that China and the United States are the world's two largest economies, Silicon Valley and Zhongguancun are the two countries ' most representative innovation centers, but also the two countries synonymous with the spirit of innovation. In Zhongguancun and Silicon Valley in the same time to hold innovative entrepreneurship competition, is to communicate the innovative culture of the two countries, so that Silicon Valley to understand China, let Zhongguancun study Silicon Valley. is to build a model of Cross-border innovative cooperation, with a new model of the two places of venture capital, talent and market.

The competition starts from May 2013-November 2013, the participating enterprises are the pioneering team of the next generation Internet, mobile internet and new generation mobile communication, biology and health, energy saving and environmental protection, integrated circuits, materials, high-end equipment, fresh energy and new energy automobile in Zhongguancun and Silicon Valley or in the early, Seed-stage start-up companies.

Among them, the entry standard of the start-up enterprise is: technology start-ups with high growth and investment value; The establishment of a company does not exceed three years (registration after May 1, 2010); The product has been formed, ready to be put into the market, or has been put into the market, with forward-looking, disruptive technology or innovative business models on a global scale. The entry criteria for the entrepreneurial team are: innovative entrepreneurial spirit, the project is in the seed stage, no external investment, or the acquisition of Angel Investment no more than 50,000 dollars; the product can be in the conceptual phase, or there is a prototype or Alpha version of the product, no less than 2 members of the core team, and a practical business plan.

The competition will be in the Silicon Valley, Beijing, each of the 123 awards, for different awards, will be given different incentives, as a creative spirit of entrepreneurship as an encouragement.