The first "Medical Intelligence" in 2020 Suzhou Science and Technology City Medical Device Innovation and Entrepreneurship Competition is hosted by the Suzhou Science and Technology City Management Committee and undertaken by Guoqian Venture Capital Management (Suzhou) Co., Ltd. The competition aims to help Suzhou Science and Technology City build an industrial cluster and ecosystem of high-end medical devices through professional and market-oriented venture capital funds and an empowered team with rich industrialization experience and resources, for innovative and entrepreneurial entrepreneurship at home and abroad. The team provides the whole process from the project landing to industrialization, the service of the entire chain and the connection of resources, so that the project team can focus on professionalism, light equipment, focus on resources and energy to do what they are good at, and let the scientific and technological achievements be industrialized quickly.
This competition will select 100 medical device innovation and entrepreneurship projects in the world, and will be selected in Shanghai, Beijing, and Shenzhen respectively. Finally, 21 projects will be selected for the finals in the High-tech Zone of Suzhou City in late August. The competition system of this competition will fully demonstrate the clear positioning of the “government-led, market-oriented innovation model empowers innovative entrepreneurial teams”.
As the organizer, Guoqian Venture Capital will organize a number of market-oriented funds focused on early investment in medical devices, industrial investment guidance funds at all levels of the Soviet high-tech industry, strategic cooperation PE funds, CRO and CDMO companies, preclinical evaluation companies and other medical device startups The core founders of the key resources required by the project form an expert review and guidance team to participate in the whole process, from the initial screening of the project to the finals to the registration and settlement, to provide one-to-one timely and professional evaluation feedback and suggestions for all participating projects, and Give equity financing support to the project. At the same time, the six co-founders of the "National Key Talent Project" of Guoqian Venture Capital formed a technical expert group to review and guide the project's professional and technical fields. For the final landing of the Suzhou Science and Technology City project, the Guoqian Angel Investment Foundation has invested in the award-winning projects that have not yet obtained fund investment.
Core Support Investment Fund
Market-oriented professional medical device venture capital fund: Guoqian Medical Phase I and Phase II VC Fund
Suzhou High-tech Zone Industrial Investment Fund: Suzhou High-tech Zone Venture Capital Investment Management Co., Ltd.
Suzhou Science and Technology City Industrial Investment Fund: Suzhou Science and Technology City Venture Capital Co., Ltd.
Suzhou High-tech Zone Local Investment Fund: Suzhou High-tech Venture Capital Group and its managed funds
Angel Investment Fund of Guoqian Medical Technology Innovation Institute: Suzhou Guoqian Ruichuang Venture Capital Partnership
Entrepreneurial empowerment
EFor all projects in the Suzhou Science and Technology City, a professional empowerment team will be given to the project party from site selection, establishment, policy declaration, on-site defense, technical research and development, production, system, clinical, product registration, intellectual property rights, fiscal accounting, entrepreneurship counseling, etc Multi-faceted professional services and empowerment.
EFor the projects that have entered the finals and won the special, first, second, and third prizes, they will be given priority to enter the Suzhou High-tech Zone Technology Innovation and Entrepreneurship Talent Interview.
ESuzhou Science and Technology City Provincial Medical Device Industrial Park complete industrial chain supporting, such as Jiangsu Medical Device Inspection Institute, Medical Device Preclinical Evaluation Center (large animal experiment platform); Jiangsu Medical Device Usability Test Platform; Medical Device Innovation Society; Tripartite Clinical Medical Laboratory; and other professional service platforms including quality system certification, CRO, CDMO, etc.
EThrough the direct service and resource connection, the professional empowerment team of Guoqian Medical Technology Innovation Research Institute allows the project team to go into battle lightly and quickly and deeply integrate into the regional medical device industry cluster and ecosystem. It can really bring entrepreneurial projects in, stay in, and live. Well, grow up.
Contest News 2020
2020 the first "Medical · Huihui" Suzhou Science and Technology City Medical Device Innovation and Entrepreneurship Competition starts registration!
Entry
(1) Industry direction
Related fields such as medical devices, in vitro diagnostic reagents and biotechnology industry.
(2) Entry requirements
1. A technology company with strong innovation capabilities and high growth potential or an entrepreneurial team that has not yet incorporated a company in China and has independent technological achievements;
2. To apply for this competition with the enterprise as the main body, the applicant must be the founder, core executive or legal representative; to apply for this competition with the entrepreneurial team as the main body, the applicant of the participating team must be the main responsible person of the team, the core team No less than 3 members;
3. Intended to settle in Suzhou Science and Technology City after the game;
4. The age of the applicants of the contestants shall not exceed 55 years old;
5. The project information must be true, valid, and legal. The contestants' social reputation is good and there is no bad record. The project complies with the current national laws and regulations and national industrial policies
6. The technical achievements of the participating projects are highly innovative, the product market prospects are good, and there is a clear entrepreneurial willingness.
Contest planning
(1) For regions: Project solicitation globally;
(2) Event time: March-July 2020;
(3) Registration method: the participating project parties shall register through the registration channel;
(4) Registration date: March 25th to June 15th, 2020;
(5) Location of the event: The National Finals will be held in Suzhou Science and Technology City, and the selection will be held in Shanghai, Beijing and Shenzhen;
(6) Competition process: The entry project will go through the three stages of online preliminary examination of the project, contest selection, and national finals.
Match schedule(1) Project solicitation
The registration time starts on March 25, 2020 and ends on June 15, 2020 (subject to the announcement of the contest);
(2) Professional evaluation
Time schedule: The meeting will be concluded within 5 days from the deadline for soliciting projects in each region;
(3) Regional competition
1. Competition method: each project takes 12 + 5, which means a total of 17 minutes of competition time, including 12 minutes of road show + 5 minutes of judges ’question time, on-site defense, and on-site announcement of scores
2. Promotion plan: After the three contests are selected and ranked, they will be ranked according to the total score of all the participating items, and the top 21 will enter the finals;
3. Planning of the three major regions:
Beijing Division: The deadline for project recruitment is May 15;
Roadshow in the division: before May 30;
Shanghai Division: The deadline for project recruitment is May 30;
Roadshow in the division: before June 15;
Shenzhen Division: The deadline for project recruitment is June 15th;
Roadshow in the division: before June 30;
(4) National Finals
1. Time schedule: July 13, 2020 (Subject to the announcement of the contest)
2. Competition method: each project takes 12 + 5 mode, that is, 12 minutes road show + 5 minutes jury questions
3. Location of road show: Suzhou High-tech Zone Science and Technology City
Award setting and support policy
This competition will set up cash rewards and district-level talent policy support. The specific reward settings are as follows:
(1) Contest cash prize
| Awards | amount | Bonus (ten thousand yuan) |
| Grand Prize | 1 | 20 |
| First prize | 1 | 10 |
| Second Prize | 2 | 5 |
| Third prize | 3 | 2 |
| Winner | 14 | 0.5 |
Special Note
For the winning projects that have entered the finals and won the special, first, second and third prizes, they will be given priority to enter the interview and defense of the leading talents of science and technology innovation and entrepreneurship in Suzhou High-tech Zone.
In addition to the opportunity to obtain regular subsidies for talents, projects, and industrialization at the district, city, and provincial levels, the Suzhou Science and Technology City project will also have the opportunity to obtain special funding subsidies for R & D and industrialization of scientific and technological projects in the Jiangsu Medical Device Industry Technology Innovation Center.
The Suzhou high-tech zone and municipal governments at the two levels of various policy credit loans for high-tech entrepreneurship, including talent loans, Su Ke loans, Ke loans, high-tech loans, credit guarantee loans and so on.
Contact information
Contest Organizing Committee Secretariat: Zheng Binbin, Jiao Luying
Landline phone: 0512-62916766
cell phone:
13913126873, 13718943609Email: guoqianvc@guoqianvc.com
Mailing address: Room 411-412, Building 2, No. 8, Jinfeng Road, Science and Technology City, Suzhou High-tech Zone