On the afternoon of July 11, the final of the 7th "Thousand Talents" Entrepreneurship Competition in East China was held at the Suzhou Elite Entrepreneurship Week Park Branch.

The contest is jointly organized by the "Thousand Talents" venture capital center and the "Thousand Talents" expert fraternity. Since the contest was launched in April 2012, it has received positive responses from overseas high-level talents and entrepreneurial enterprises. .

Over the past six years, the Entrepreneurship Contest has attracted more than 5,000 domestic and overseas projects to register, of which overseas projects accounted for more than half, mainly concentrated on (mobile) Internet, biomedicine, advanced manufacturing, electronic communications, energy conservation and environmental protection, new materials and other emerging Industrial field. The competition is divided into three stages: preliminary, semi-final and final. It is jointly selected by more than 300 domestic investment partners and entrepreneurs. The elimination rate of the preliminary and semi-finals is more than 80%. Among the best, only 20 projects can enter the total. finals. The 100 final projects of the previous five contests received a total of more than 3.2 billion yuan in financing, accounting for 52.5% of the financing of more than two rounds; 27 people were awarded the "Thousand Talents Program" expert title, and the selection rate of the "Thousand Talents Program" exceeded four quarters. One.

As we all know, those who can be selected into the national "Thousand Talents Program" are talented people. In this competition, 13 entrepreneurial teams from China and the United States with innovative projects such as health care and artificial intelligence, in addition to 4 overseas projects Nine domestic domestic projects participated in the roadshow. The founders of the project all mentioned in the interview that Suzhou ’s entrepreneurial support policy is the fundamental reason for attracting them to participate. It is hoped that through the guidance of the government, the platform will be used to get guidance from entrepreneurial mentors on the company's strategy and business, to reach more investment institutions, and to provide more development space for the project.

Taking market players as the first priority, gathering high-end talents, promoting technological innovation, integrating all resources, and serving the national innovation and entrepreneurship strategy, an effective model has attracted a number of overseas high-level talents to return to China to start businesses, and has tapped a large number of high-quality local entrepreneurial projects. China has discovered an important platform for thousands of people, the introduction of thousands of people, and the investment of thousands of people.

The competition also invited two well-known investors, Northern Light Venture Capital founder and managing director Deng Feng, Guo Qian Venture Capital Chairman Dr. Zhang Xu, Guo Qian Founder Dr. Zhao Yong, two national “Thousand Talents Plan” experts and four front-line institutions Investors sit on the scene and check the participating projects from the perspectives of team, technology and market.

The 7th “Thousand Talents” Entrepreneurship Competition was awarded the Top 6 project and the Popularity King project award in the 7th “Thousand Talents” Entrepreneurship Competition.

The East China Finals is the first leg of the Sixth Division Finals of the Seventh "Thousand Talents" Entrepreneurship Competition. Suzhou, with industrial parks as the mainstay, has created a systematic cultivation and incubation accelerating environment for entrepreneurs in the process of promoting transformation, upgrading and innovative development, which is the main reason why the organizers choose Suzhou as the first stop. Suzhou's new materials, new energy, high-end equipment manufacturing and other emerging industries have exceeded 100 billion scale, and nanotechnology, biomedicine, health, smart manufacturing and other industries have become Suzhou's new strategic growth point. Afterwards, the competition will also host regional finals in Shenzhen, San Francisco and other domestic and foreign cities to select the items for the finals.

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