The China International College Students’ “Internet +” Innovation and Entrepreneurship Competition

The 7thChina International College Students’ “Internet +” Innovation and Entrepreneurship Competition

AU Students are invited to participate in the world-level competion “The China International College Students’ “Internet +” Innovation and Entrepreneurship Competition” to demonstrate their relevant excellent creativity, talent and ability. Interested contestants may apply to compete in this international competition from now on until end of April 2021.

Actual contest is scheduled to take place during May - November 2021. For more information or to apply, please contact the Confucius Institute at Assumption University, 7thFloor, CL Building, SuvarnabhumiCampus  Tel.02-723-2070.

 

Project Requirements

            1.Projects entered should involve innovative ideas, technologies, products, or business models, give consideration to the major problems or challenges of humanity, and have clear entrepreneurial plans. Projects are eligible to be entered regardless of whether they have been registered as companies. If the project involves a registered company, the team leader should be the founder or co-founder of the project, and own no less than 10% of the shareholder rights. The shareholder rights of all team members combined should be no less than 1/3.

            2.Projects entered must be authentic, ethical, legal and without any harmful information; projects entered must not infringe on the intellectual property rights of others; all inventions, patented technologies and resources involved in the project must have clear legal intellectual property rights or property rights; Participants that submit plagiarized, pirated or false materials will be disqualified and bear all legal liabilities.

            3.Ifthe project entered contains the intellectual property rights of others, the entrants should submit, in writing and in its entirety:

  • a legally valid letter of authorization from the intellectual property rights owner；Or
  • a legally valid patent certificate, etc. If the project entered involves a registered company, entrants should submit:
    • a profile of the company, its founders, and share structure;
    • photocopies of other relevant credentials, etc.

       Entrants can also provide materials about the project’s:

  1. financial status,
  2. investment obtained,
  3. employment creation,
  4. contribution to ecology, etc.

We advise participants to provide credentials if:

  • the project has received an investment (or income) of over 10 million yuan; or
  • the project has received an annual income of over 10 million yuan in or before 2020.

            4.All projects submitted must be designed or run by the team itself. Unoriginal projects are not eligible.

  1. All entry materials should be in Chinese or English. All finalist teams are required to present and defend the project in Chinese or English. Please contact the organizing committee should you have further language related needs.

            6.Projects that have won the Gold or Silver Awards in this competition previously are not eligible to be submitted this year.

            7.All projects must abide by the Constitution, laws and regulations of China, show respect for the Chinese culture, and comply with public morals.

Eligibility and Category

            This competition only accepts team entries. All participants must enter in teams of 2 to 15 people (team leader included). A team may be formed by members from more than one college/university. All entrants must be core members of the project. Individuals that are enrolled or have studied only at a Chinese college/university are not eligible to participate, but can be a member of the startup team.

            All participants must be students who are currently enrolled at a foreign college/university or those who have graduated within the past 5 years. (A foreign college/university refers to a higher education institution that is located outside the People’s Republic of China and is qualified to provide education and award degrees. A student enrolled at a foreign college/university refers to a student that has registered and studied at a foreign college/university and is qualified to receive a degree.) The application should be submitted by the leader of the participating team.

            All projects will be divided into Ideation(Creativity) Category, Startup (Emerging Project) Category, and Growth (Rising Project) Category according to their features. Requirements for each category are as follows:

  1. Ideation (Creativity) Category.

    Projects that:

  • are creative;
  • have mature product prototypes or service models;
  • had not been registered on or before May 31, 2021.

2.Startup (Emerging Project) Category.

     Projects that:

  • were registered within the past three years (after March 1, 2018);
  • have completed no more than one round of equity investment.

3.Growth (Rising Project) Category.

     Projects that:

  • have been registered for over three years (prior to March 1, 2018); or
  • were registered within the past three years (after March 1, 2018); and have completed two or more rounds of equity investment.