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Yantai holds entrepreneurship contest to woo global talents

2019/5/29 13:14:21   source:sdchina.com

The press conference of China Yantai Domestic and International Elites Entrepreneurship Contest was held in Beijing on May 29, 2019 to introduce the favorable talent policy, innovation and entrepreneurship environment of Yantai and the contest.

The contest will last from May 29 to August, aiming to attract more excellent talents to work and start businesses in Yantai. It is jointly organized by the municipal organization department, publicity department, human resources and social security department, and science and technology bureau of Yantai.

Aiming at global talents, the contest sets up domestic venue and international venue, and registration channels for entrepreneurial projects and entrepreneurial enterprises. Entries will cover eight industries including modern marine, equipment manufacturing, electronic information, high-end chemical engineering, health care, high-efficiency agriculture, cultural tourism, and modern logistics.

The final is scheduled to be held in late August in Yantai, with a special award for no more than two projects (enterprises), three to six first prize winners, ten to sixteen second prize winners and twenty to thirty third prize winners. Free board and lodging as well as traffic allowance will be provided for those who come to Yantai to attend the final.

Winners will get the highest reward of 200,000 yuan and 100,000 to 500,000 yuan startup capital once the project is registered and settled down in Yantai. Qualified project leaders who have been selected into the talent project of "double hundred plan" will be given a startup subsidy of 3 million yuan, 2 million yuan and 1 million yuan based on the level.

Yantai high-level talent entrepreneurship park, related entrepreneurial parks and professional investment institutions will connect with the award-winning entrepreneurial projects so as to provide services and financial support for the transformation and implementation of the projects and accelerate their settlement.

Projects that have settled down in Yantai high-level talent entrepreneurship park will enjoy an all-round financial support such as entrepreneurial support fund, startup fund (equity investment), rent reduction and exemption, industrialization support, and life and living guarantee.

Award-winning projects can also choose to settle down in more than ten other innovation and entrepreneurship parks and zones.

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Sponsor:Information Office of Shandong Provincial People’s Government