The Inno-hub 2022 Entrepreneurship Competition, which is a competition comprised of innovation and entrepreneurship, concluded on Dec 21 in Jiading. At the event, eight projects out of a total of 150 projects entered the finals and were showcased during 10-minute presentations to compete for the top prize.
The projects that entered the finals were mainly from scientific research institutes, universities or enterprises whose products are in high technological demand, and their highlights, operating models, advantages and development prospects were detailed at the event.
A competitor presents his company's project online. [Photo/WeChat account: sh-jiading]
Located in Jiading, Shanghai Aurefludics Technology Co is an integrated circuit chip design and biomedical equipment development enterprise. At the event, its battery safety simulation project, BettLife, won the first prize.
According to Luo Yinjun, the Chief Executive of Officer (CEO), the project has spurred interest from five professional investment institutions, which has reinforced the company's determination to take roots in Jiading and work with more enterprises in the area.
The first edition of the competition started in 2018. Currently, it has attracted nearly 800 projects, and there have been a total of 30 projects entering the finals, as the financing amount of the competition totaled 600 million yuan.