Competition spurs innovation, entrepreneurship in Guizhou

The 12th China Innovation and Entrepreneurship Competition Guizhou Division came to an end on Aug 21 in Guian New Area, Southwest China's Guizhou province.

This year's competition aimed to implement the innovation-driven development strategy and create a favorable environment for mass entrepreneurship and innovation.

An enterprise project leader introduces his project at the competition. [Photo/Guiyang news network]

The competition selected a group of technology-oriented small and medium-sized enterprises, and will provide support to encourage their rapid development.

The participating projects covered various fields such as new generation information technology, biomedicine, high-end equipment manufacturing, new materials, new energy, and energy conservation and environmental protection.

During the finals, the 28 companies (nine in the start-up category, 19 in the growth category) that emerged from the preliminary and semifinal rounds showcased their projects through exciting roadshows, fully demonstrating the innovation and entrepreneurial vitality of Guizhou.

The awards ceremony for the competition takes place on Aug 21. [Photo/Guiyang news network]

After fierce competition, one first prize, two second prizes, and three third prizes were awarded in the growth category, while one first, second, and third prizes were handed out in the start-up category.

The organizing committee will recommend 13 eligible companies (nine in the growth category, four in the start-up category) to participate in the national competition based on their performance.

These companies will receive one-on-one guidance as they strive for excellent results in the national competition.