The final of Entrepreneurship in Fengtai 2019 - Fengtai Innovation and Entrepreneurship Competition: Fierce competition of 15 technology projects

By:Zoom Tech      On:

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The Entrepreneurship in Fengtai  2019  Makers in Fengtai – Beijing Innovation and Entrepreneurship Competition was successfully closed on July 30th.

People's Daily (www.People.cn ), Beijing, July 31st. On July 30th, the Entrepreneurship in Fengtai  2019  Makers in Beijing - Fengtai Innovation and Entrepreneurship Competition successfully concludes at the China-Israel YAFOLABS Road Show Hall in the Pomegranate Center. It is reported that since the announcement of the call for the contest in the early July, a total of 128 projects have enrolled to participate in the competition. After the preliminary screening of the competition organizing committee, a total of 52 projects participated in the rematches, which were held on July 22 and 24, respectively with 15 projects selected for the finals.

In the final, Mr. Luo Xu, Executive Director of Lenovo Venture Capital Group, Mr. Wang Tong, partner of Dahe Capital, Mr. Wang Jianjun, partner of Zhongguancun Synergy Innovation Investment Fund, Mr. Tan Wenshu, partner of Amphora Venture Capital, Mr. Cheng Jun, China Torch Entrepreneurship Mentor reviewed and guided the projects as the entrepreneurship mentor, experts and investors.

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Awards to the First Prize Winner issued by Mr. Wang Wei, Counsel of Beijing Municipal Bureau of Economy and Information Technology

It is said that compared with the previous innovation and entrepreneurship events in Fengtai District, this competition has the following three highlights: First, the organization is unprecedentedly high level. Led by the Fengtai Municipal Human Resources and Social Security Bureau and the Fengtai Municipal Development and Reform Commission, this year's competition is an innovation and entrepreneurship brand platform with unique characteristics of Fengtai carefully built by many resources together. The competition integrates 16 innovative and entrepreneurial authorities and service agencies which have formed a joint effort to enhance the regional business environment and entrepreneurial service level.

Second, the number of entries is high with superior quality. As the district-level final of the Maker Competition in Beijing, this year's competition has integrated the “Fengzhu Cup” technology innovation and entrepreneurship competition in Fengtai District and “Makers in Beijing” on the basis of the previous two “Fengzhu Cup” Innovation and Entrepreneurship Competitions, tThe 2019 Innovation and Entrepreneurship Competition, China, Beijing Innovation and Entrepreneurship Season 2019 District-level Competition and other events platform. With advanced technology as the main subject, the contest has collected more than 100 entries, 90% of the which come from the industries of information technology, integrated circuits, medical health, intelligent equipment, energy conservation and environmental protection, new energy vehicles, new materials, artificial intelligence, software and information services, technology services, with the aim to incubate the high-tech projects and optimize the industrial pattern in Fengtai District.

Third, the competition is rich in rewarding. In addition to the cash prizes, the award-winning projects can also be registered at the 100-square-meter international shared office space of Zoom Tech for free of charge. At the same time, they can enjoy up to 3 million government discounts on Business Guarantee loans” from the district's human resources and social security bureau and to 20 million Assistance loans for the district's SMEs. If selected in the excellent project library, the projects can receive additional cash rewards and follow-up support.

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Speech by Mr. Hou Yuguo, Vice Director of Beijing Entrepreneurship Guidance Center

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Summarizing Speech by Mr. Wang Wei, Counsel of Beijing Municipal Bureau of Economy and Information Technology

In the end, after a wonderful competition, nine projects stood out. The life cycle management system based on acoustic artificial intelligence and industrial Internet of Things won the championship, the biotechnology system applied to skin damage and regeneration and  SYCORE-TEX black tech the Spring Wear shield you in Winter get the second prize, single crystal diamond material technology industrialization with microwave plasma technology, rapid improvement of water environment and water quality, inertial measurement unit (IMU) won the third prize. The multi-functional biochemical decontamination device, financial big data computing platform, smart bionic robotic arm and robot were awarded the "Innovation Potential Award of the Year", the "Entrepreneurship Popularity Award of the Year" and the "Most Investable  Award of the Year" respectively.

Nearly 100 people gathered at the stadium and witnessed the success of the event, including Mr. Wang Wei, Counsel of Beijing Municipal Bureau of Economy and Information Technology, Mr. Li Junrong, assistant to the head of Fengtai District, Mr. Hou Yuguo, deputy director of Beijing Entrepreneurship Guidance Center, Mr. Liu Qinglin, director of the Beijing Labor Service Center, and Mr. Xie Xiao, manager of Beijing SME Public Service Platform System Planning Department Xiao Jing, Director of Human Resources and Social Security Bureau of Fengtai District, Mr. Zhang Qiang, Deputy Director of Fengtai Municipal Development and Reform Commission, Ms. Jiang Lijie, Deputy Director of Fengtai District Human Resources and Social Security Bureau, Ms. Li Fei, Director of Zhongguancun Fengtaiyuan Enterprise Service Center, and the heads of the outstanding Entrepreneurship Service institutions.


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