Bank of China Trophy One Million Dollar
Macao Regional Entrepreneurship Competition
Objective:
The Competition aims to provide an opportunity for students to create and evaluate their new business and to prepare them to start their future career in entrepreneurship.
Target:
The Competition is open to all current tertiary students of Macao higher education institutes and Macao residents studying in higher education institutes overseas.
Awards:
The Competition is sponsored by Bank of China Macau Branch. Cash awards of the Macao Regional Competition are listed below. The final 3 teams will have the right to join the Final Competition to win RMB 1 million and access the funding platform with financial support up to 50 million.
| First Place | MOP50,000 |
| Second Place | MOP30,000 |
| Third Place | MOP10,000 |
| Outstanding Prizes (3) | MOP5,000 each |
| Hong Kong University of Science and Technology-University of Macau Joint Team Award | MOP5,000 |
| Best Trade Show Award | MOP5,000 |
| Best Elevator Pitch Award | MOP5,000 |
Hong Kong University of Science and Technology-University of Macau (HKUST-UM) Joint Team Award (NEW)
· To encourage students from the Hong Kong University of Science and Technology and the University of Macau to form joint-university teams, the subject award will be awarded to the top-scoring joint-university team among the top 18 teams. The joint-university team shall have at least one student from the Hong Kong University of Science and Technology and one from the University of Macau, while the number of members from both universities shall be at least half of the total number of team members. The joint team shall only register in the Macao Regional Competition.
· The two universities can assist in team formation. It is recommended that interested students of the University of Macau can draft an executive summary (two pages), and send email to ICI.Innovation@um.edu.mo with their personal profile and related materials no later than 16 Jan 2019. In order to facilitate the coordination of the team forming, the suggested topics include financial technology and smart city but this is not a must.
· Students forming joint-university teams through the university coordination must participate in the related activity on 18 Jan 2019 (25 Jan 2019 as backup).
Eligibility:
· The team is NOT required to be a business registered company. The team can be an early stage company that had established no more than 3 years. The company can be at inventor stage or seed stage where there is an idea, a concept, or even a product, but little or no income has been generated yet.
· Companies that have received prior investment of more than RMB10,000,000, or ventures that have been in establishment/ operation for more than 3 years, are NOT allowed to join the Competition.
· Winning teams of One Million Dollar Entrepreneurship Competition from all regions are NOT eligible to join the Competition.
Registration Detail:
· Please fill in the e-form and submit a 2-page Executive Summary for application. Here is the application link:https://bit.ly/2PcyFbH. Registration is open from now on until 13 February 2019.
· For UM students who are interested in forming a joint-university (Hong Kong University of Science and Technology – University of Macau) team, please send your draft executive summary, personal profile and related materials to ICI.Innovation@um.edu.mo by 16 Jan 2019.
For more details, please download below:
 Regulation_Bank of China Trophy One Million Dollar Macao Regional Entrepreneurship Competition.pdf
For any enquiries, please contact:
· Career Development Centre of Student Affairs Office, University of Macau:
Tel: (853) 8822 9903, Email: sao.career@um.edu.mo
· Centre for Innovation and Entrepreneurship of Institute of Collaborative Innovation, University of Macau:
Tel: (853) 8822 4619, Email: ICI.Innovation@um.edu.mo |