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Registration now open for YES Global Startup Competition - OTEC 2016

Registration now open for YES Global Startup Competition - OTEC 2016

 

YES Global

YES Global is a multinational and exclusive club for young entrepreneurs to share knowledge, experience, and resources. It has an extensive partnership network of government bodies, foremost start-up hubs, commercial businesses, and NGOs.

From June to October each year, YES Global will organize a series of overseas start-up competitions including Overseas Talent Entrepreneurship Conference start-up competition and Shenzhen Nanshan Entrepreneur Star start-up competition and alike to help provide an international and resourceful platform for young international students.

YES Global also provides all kinds of career services and coaching. 

OTEC

The Overseas Talent Entrepreneurship Conference (OTEC) is a government-sponsored event in Beijing that aims to connect international entrepreneurs with investment and growth opportunities, and to help them launch their startups in China.

As part of OTEC, a startup competition has been designed to bring global talents to Beijing's Chaoyang District, the foremost startup hub of the capital city. Chaoyang is also home to Beijing's Central Business District, and recent Chinese government policies have been designed to attract international businesses to establish operations in Beijing. In short, this is an unparalleled opportunity for entrepreneurs to gain exposure to China's top resources for business success.

Following last year's success (two teams from UK final won 3rd and 5th places in the Global final in Beijing, and one of them won the angel investment thereafter), UVIC has been appointed to manage OTEC's UK Regional Events again. We would now like to invite you to get on board and share the success.

For more information on OTEC, please click here


Awards

Winners of the UK Final

  • £10,000 - £30,000 Grant
  • Graduate Entrepreneur Visa service £5000 voucher
  • Unique opportunity to present their businesses to China's leading investors and to gain exposure to top Chinese resources for business people
  • Exclusive matching opportunities with three world-leading venture capital firms
  • Access to support services, including visa and business establishment support
  • 1 month of free office space in Beijing
  • Mentorship and growth support
  • Intensive exposure to global media

Winners of the Beijing Finals

  • Up to £100,000 Grant
  • Up to £1,000,000 capital investment of to support setting up operations in Beijing
  • Unique opportunity to present their businesses to China's leading investors and to gain exposure to top Chinese resources for business people
  • Free trip to China for the global final in Beijing
  • Access to support services, including visa and business establishment support
  • Access to support services, including visa and business establishment support
  • Up to 3 months of free office space in Beijing
  • Mentorship and growth support
  • Exclusive matching opportunities with three world-leading venture capital firms
  • Free tickets to Startup Bus
  • Intensive exposure to global media

 

Judges of UK Final

  • Ms Paolo Cuneo, Campaign Director of Sirius Programme UKTI, former BT General Manager.
  • Professor Yu Xiong, Chair of Technology and Operations Management in Newcastle Business School of Northumbria University, core member of the China UK Innovation Expert Group run by the UK department of Business, Innovation and Skills. 
  • Mr Jonathan Pfahl, Founder and Managing Director of the Rockstar Group. The UK’s largest mentoring and investment firm for entrepreneurs.
  • Mr Kevin Milne, Owner of Due Diligence Reports Ltd., Previously, he was member of the Executive Committee at the London Stock Exchange Group and chief executive of Xtrakter.
  • Mr Tony Shen, Senior Lawyer of Zhong Lun Law firm (London Office). 
  • Dr Hongseng Peng, post-doctor from Oxford University, co-founder of China-UK Hitech Innovation and Entrepreneurship Forum. 

 

Registration

Young entrepreneurs who meet the following requirements are eligible to apply:

  • Contestants must have studied at degree level or above (either currently enrolled or recently graduated) outside of China.
  • The startup has an operational history of no longer than 3 years.
  • The startup has not yet received series A investment.
  • The startup must intend to operate (fully, partially or collaboratively) in Chaoyang District, Beijing, China. This does not mean the startup has to relocate to China, but it should intend to have some form of operations based there.
  • There is NO restriction on contestants' nationality.
  • There is NO restriction on what industry the startup idea has to fall under (although Beijing is traditionally known to be a stronghold for the Internet, Creative, New Energy, and Life Sciences industries).

UK registration link is here

The template for presentation of the project can be found here

Key Dates

Here is the timeline:

  • Friday 27th May 2016 - Applications open
  • Sunday 26th June 2016 - Applications close
  • Friday 15th July - UK Final (London)
  • Friday 29th July 2016 - Global Final (Beijing, China)

Contact Email: hello@yesociety.org

Contact Number: 020 3757 7201

 

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