Welcome to the 2020 China Optics Valley Global Entrepreneurship Competition
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  • No. Awards Quantity Funds
    1 First Prize 1

    3 million RMB bonus + up to 20 million investment (After project implementation, an upfront grant of 1 million will be made in a lump sum, and the rest will be granted according to the "3551 Optics Valley Talent Schema" after the investment is made by the OVC Talents Fund)

    2 Second Prize 3

    2 million RMB bonus + up to 20 million investment (After project implementation, an upfront grant of 600,000 will be made in a lump sum, and the rest will be granted according to the "3551 Optics Valley Talent Schema" after the investment is made by the OVC Talents Fund)

    3 Third Prize 6

    1 million RMB bonus +  up to 20 million investment (After project implementation, an upfront grant of 300,000 will be made in a lump sum, and the rest will be granted according to the "3551 Optics Valley Talent Schema" after the investment is made by the OVC Talents Fund)

    4 Excellence Prize 17

    After implementation, the projects can enter the "3551 Optics Valley Talent Schema" after the evaluation of experts.

    1. After implementation of projects that have won the first, second, and third prizes in the competition, the applicants will be selected into the "3551 Optics Valley Talent Schema" and enjoy support policies such as funding support through entrepreneurship subsidies and support in their children's enrollment and education; the projects that have won the Excellence Prize can be selected into the "3551 Optics Valley Talent Schema" upon expert review and approval, the applicant can then enjoy support policies such as funding support through entrepreneurship subsidies and support in children's enrollment and education;.


    2. For projects that have won the Excellence Prize in the competition, they will be offered a free trip (with their round-trip travel expenses covered) to the Wuhan East Lake High-tech Development Zone (for up to 2 people each project) for their first visit to the High-tech Zone within 2 years after receiving the award.


    3.  All prize-winning projects are entitled to free access to the 3551 CEO training course offered by the Wuhan East Lake High-tech Development Zone, and may receive an equity investment of 500,000 to 10 million yuan.


    4. Online platform for project presentation, investment match-making and other services are provided.


  • The competition this year is supported by four leading enterprises, namely China Information Communication Technologies Group Corporation (CICT), Huawei Group, Xiaomi Group, Humanwell Healthcare Group. The four enterprises offer expert review, and assistance for the implementation of projects, helping to integrate the entrepreneurial projects into the development ecology of the leading enterprises here in the OVC. The award-winning projects will be prioritized in receiving supports form the leading enterprises, which in turn will effectively facilitate the incubation and growth of the entrepreneurial projects in OVC.

  • Holders of the "Optics Valley of China 3551 Elite Card" can enjoy domestic and overseas investment and financing services for enterprises and individuals provided by the Industrial and Commercial Bank of China (ICBC), and are entitled to enjoying the ICBC Private Banking Services free of charge for one year .

    * Services in this section is provided by the organizer and the Wuhan branch of Industrial and Commercial Bank of China

  • To support the innovative and entrepreneurial activities of talents in the OVC, The organizer and incubators (maker spaces) in the High-tech Zone work jointly to provide office space support to the competition winners. All projects that have won the Excellence Prize or above, are entitled to a rent exemption period of no less than 6 months for an office space of no more than 100 square meters. Information of the incubators (maker spaces) are listed below, please click on the logos to visit their official websites or make telephone calls for more details.