HKUST-Sino One Million Dollar Entrepreneurship Competition 2020

The Hong Kong University of Science and Technology will be hosting the signature HKUST-Sino One Million Dollar Entrepreneurship Competition 2020 in June 2020.
Witnessing the growth of entrepreneurial activities in our region, the Competition aims to provide a platform for HKUST and surrounding community members an integrative learning experience to create and evaluate new business and to prepare students to start their future career in entrepreneurship. Winners of the Competition can use the cash prize as seed money to build their own company or to further the commercialization of their inventions. To encourage teams with plans utilizing HKUST technologies and/or have members from different schools within HKUST, they will be eligible for additional cash awards, if they are winners of the President, Gold, or Silver Awards at the Final Round of Judging.
Additionally, this competition will be continued in 7 different regions including this one in our Clear Water Bay Campus. The 3 winning teams will compete with other winning teams from Beijing, Foshan, Guangzhou, Macau, Shenzhen and Zhongshan in the Grand Final, which will be held in August 2020 in Nansha, Guangzhou. And the top 12 teams will be invited to join the exhibition held during the Grand Final.
Information Session Come and learn more about the Competition:
Date & Time: Feb 26 (Wed), 19:00 - 20:00 |
Mixer The Mixer will be cancelled for safety reasons. You are encouraged to make use of the Online Matching Platform to find team and members. |
Application Deadline The application deadline is extended to March 16, 2020, interested parties can submit their online applications and 1-page Executive Summary of their business plan on or before the date. |
Round 2 Assessment In order to reduce the potential risk to public health by hosting mass gathering, the Exhibition and Elevator Pitch on 15 April will be replaced by Online Video Presentation to showcase your business idea or introduce your company to the judges and HKUST members. For details, please refer section “Judging Process” of the competition website. |
Round 3 Assessment The Business Plan Evaluation on 3 June will be remained unchanged. Depending on the situation, it may be changed to online or in mixed-mode instead of face-to-face meeting with the judges. Further announcement will be made in May. |
Support for Overseas Students and HKUST Members Under the new arrangement in Round 2 Assessment, overseas participants no longer need to be physically in Hong Kong to join the Competition. However, we will continue to support overseas participants in Round 3 Assessment if it is a face-to face meeting in Hong Kong. For details, please refer section “Support for Overseas Students and HKUST Members” of the competition website. |
Awards The Exhibition Award and Elevator Pitch Award will be replaced by a newly launched award, the Best Video Award. Top three video presentations will be selected by online voting from HKUST members. For details of awards, please refer section “Awards” of the competition website. |
Should you have any enquiry regarding to the competition, don't hesitate to contact us at competition@ust.hk.