Lucheng (China) the 1st Bailu Cup Digital Economy Entrepreneurship and Innovation Contest is officially started

March 27 03:01 2020

On March 25th, the First Bailu Cup Digital Economy Entrepreneurship and Innovation Contest is officially started. The contest is sponsored by the Lucheng (main district of Wenzhou, Zhejiang Province, China) district commission and government. Mainly on the digital economy aspect of big data, IOT, AI, digital entertainment, development of games, cloud computing, construction of smart city, etc,  it aims to introduce every competitive high-level entrepreneurs and projects all over the world to Lucheng.

As the birth place for Wenzhou Model and the national private economy area, Lucheng follows closely to the Zhejiang Digital Economy No.1 Project under the lead by district committee and government. It is their goal to make development on the strategic emerging digital industries, and cultivate potential of the economic growth.

The development in Lucheng today, with the progress of digital economy industry, push forward the digital infrastructure construction around the society and government. And the development leads a typical Lucheng industrial structure, including the specialties of big data, e-commerce, and intelligent architecture, plus advantages of the communication equipment, measuring instruments, etc. Therefore, the digital economy now becomes to the most active and innovative emerging industries.

After the contest is officially launched, the organizer committee will make up a leading investment team worldwide in advance. And then the group will visit most of local quoted companies and leading enterprises, in order to fully understand the needs of them in terms of talents, investment and technology. The contest will select outstanding projects with 2 rounds of net roadshows. On November, 2020, it will be the final of the Bailu Cup Contest, and all leading projects that are selected will attend the final. There will be about 15 projects selected to attend the final. The winners could get 300 thousand RMB award in cash and 6 million RMB award of maximum.   

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Company Name: Zhejiang Saichuang Weilai Venture Capital Management Co., Ltd.
Contact Person: Zhang Mingming
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Country: China