£250,000 investment up for grabs in China/UK tie-up competition
ENTREPRENEURS will have the opportunity to secure £250,000 of investment in their ideas as part of a competition launched by York University.
The 21st Century China UK Entrepreneurship Competition will see 32 teams compete to produce the best idea for a venture that promotes business ties between the two countries.
The competition is being organised by the York Management School, University College London and the China Innovation and Development Association UK.
Dr Chris Henshall, pro-vice chancellor for external relations at York University, said: “Our support for this competition is just one element of our strong commitment to fostering enterprise amongst our students and staff and promoting links with China.
“We have formal partnerships with Nanjing, Peking and Zhejiang Universities. These support wide range of teaching and research collaborations, including a number of initiatives to promote student enterprise with Nanjing and Zhejiang – both of which are fellow members with York of the Worldwide University Network.”
The competition will be split into two strands – one for existing businesses and one for students.
In addition to the main prize for winning the grand final, the competing teams have the opportunity to win a share of more than £9,000 in prize money in earlier rounds.
