Among the 34 final projects, 11 will settle in Qidong due to its superior startup platforms and preferential policies. [Photo/WeChat account: qdrmt0513]

The final of the fifth Qichuang Cup Entrepreneurship Competition was held in Qidong, a county-level city administered by Nantong in East China's Jiangsu province, on Oct 18.

As an important branding event in Qidong's strategy of building itself into a powerful city of talents, the entrepreneurship competition aims to stimulate the innovation vitality of various entities, accelerate the development of new technologies, industries and business formats, and attract more superior talent resources to further Qidong's high-quality economic development.

Focusing on new-generation information technology, biomedicine, precision machinery and intelligent manufacturing industries, the competition attracted more than 1,000 high-level projects. After qualification examination and preliminary selection, 34 high-quality projects entered the final.

After two rounds of selection, two projects, a system for dynamic live cell imaging and function analysis, and a set of technologies and equipment for prevention of personal electric shocks and forest fires, won the first prize.

On the award ceremony, Peng Xiaohong, a member of the standing committee of Qidong municipal Party committee, said that compared with previous years, the 2020 competition received more social participation and support. It attracted more than 20 talent introduction agencies, 52 senior judges and nearly 10 mainstream media agencies.

It also initiated a "4+1" mode consisting of four industry matches and one final. Among the 34 final projects, 11 have decided to settle in Qidong due to its superior startup platforms and preferential policies.