The 4th Shaoxing Global Innovation and Entrepreneurship Competition

July 2, 2019




Shaoxing (Zhejiang) Government and Cocoon Global is co-hosting the 4th Shaoxing Global Innovation and Entrepreneurship Competition. This event aims to attract global talents and teams to start their ventures in Shaoxing, hence accelerating the technological innovation of the city. Four key industry focuses include Artificial Intelligence, New Materials, Life Science and Information Technology.


The First, Second and Third prizes winners will be invited to join the “Overseas Talents program” by Shaoxing Government. Programme graduates looking to stay in Shaoxing will receive comprehensive governmental support of the businesses, ranging from loan and investment to ta and housing subsidies.


Details for prizes:

  • 2 x First prizes: 300,000 yuan each, equivalent to £34,647

  • 4 x Second prizes: 200,000 yuan each, equivalent to £23,098

  • 6 x Third prizes: 100,000 yuan each, equivalent to £11,549

  • 6 x fourth prizes: 50,000 yuan each, equivalent to £5,774


The first, second and third prizes winners will also be funded 5 million yuan, 3 million yuan and 2 million yuan respectively within one year after the competition. If needed, the government will support the winners to apply for funding, totalling 10 million yuan from Chinese banks, as well as local industrial fund with of 1 billion yuan. The fourth prize winners will receive 2 million yuan if start operating in Shaoxing within one year after the competition.


Important dates:

Deadline for applications: 10th July 2019

Competition semi-final (London): 26th July 2019

Final (Shaoxing): October 2019


Any equiries and applications please email


Fore more information (Chinese) please visit



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