HICOOL Global Entrepreneur Summit and Entrepreneurship Competition

INTRODUCTION

The HICOOL Global Entrepreneur Summit and Entrepreneurship Competition was created with entrepreneurs in mind. Our theme is “Envision the future”. We aim to find high-quality projects globally and assist our winners to settle and to develop rapidly. The competition has 100 winning spots, with a total sum of RMB 80 million in cash prizes, as well as RMB 1 billion in investment funds. The winning projects will be provided tens of thousands of RMB in direct investment funds. The competition will invite top investors, well-known mentors, and leading entrepreneurs to provide full-scale entrepreneurial counseling and assistance for the participating projects, creating a multi-level, multi-dimensional, and diversified international entrepreneurship model. Our “Beijing Service” package will help the winners settle down in Beijing, providing free education for their children and medical insurance, as well as accommodation, to empower the entrepreneurs in Beijing in the best possible way.

COMPETITION FIELDS

Artificial Intelligence/Big Data/Financial Technology
Medicine and Health
Next-Generation Information Technology
New Energy/New Materials/Smart Equipment
Cultural Innovation
Other

SCHEDULE

REGIONS

GROUPS

1

Maker Group

1. The applicant of the Maker Group should not yet have been registered as a company in Beijing, and the project itself will be the main body of entry.
2. Participants can apply and participate in the name of individuals or teams. All individuals or team members participating in the project should have obtained an educational degree overseas or have studied, worked, or started a business overseas for more than 1 year. They should not have returned to China for more than 10 years, and can only participate in one project.
3. The participant should be willing to start a business in Beijing and promise to land the project in Beijing in the form of a company within 1 year of receiving the award.
4. If the project is declared in the name of an individual, that individual should be the main founder of the landing company and the largest natural person shareholder, holding no less than 30% of shares.
5. For a project declared in the name of a team, the team can have no more than 5 individuals, and the team’s equity should account for no less than 50% of the total equity of the landing company.
6. The participating project must comply with the current laws and regulations, industrial policies and development plans in the city of Beijing. Participants should have independent intellectual property rights or key technologies related to products and technologies, have certain innovation, commercialization, and marketization potential, and have no intellectual property disputes.
2

Growth Group

1. The entry for the Growth Group should have already been incorporated in Beijing and the main body of the entry is the company itself.
2. Participants can apply and participate in the name of individuals or teams. All individuals or team members participating in the project should have obtained an educational degree overseas or have studied, worked, or started a business overseas for more than 1 year. They should not have returned to China for more than 10 years, and can only participate in one project.
3. The company must have been established less than 10 years ago, have a certain amount of sales revenue, and have a broad market prospect.
4. If the project is declared in the name of an individual, that individual should be the company’s main founder and the first natural person shareholder, holding no less than 30% of shares.
5. For a project declared in the name of a team, the team can have no more than 5 individuals, and the team should hold no less than 50% of the company's total equity.
6. The participating project must comply with the current laws and regulations, industrial policies and development plans in the city of Beijing. Participants should have independent intellectual property rights or key technologies related to products and technologies, have certain innovation, commercialization and marketization potential, and have no intellectual property disputes.

AWARDS

First Prize (5 persons)

1.Cash prize of RMB 2 million

2.Receives support for talent introduction

3.Up to 3 years of free office space of 300 square meters
Second Prize (15 persons)

1.Cash prize of RMB 1 million

2.Receives support for talent introduction

3.Up to 3 years of free office space of 300 square meters
Third Prize (30 persons)

1.Cash prize of RMB 500,000

2.Receives support for talent introduction

3.Up to 3 years of free office space of 300 square meters
Winning Prize (50 persons)

1.Cash prize of RMB 200,000

2.Up to 1 years of free office space of 100 square meters