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UM-hosted Bank of China Trophy One Million Dollar Macao Regional Entrepreneurship Competition now open for applications

UM-hosted Bank of China Trophy One Million Dollar Macao Regional Entrepreneurship Competition now open for applications

The Bank of China Trophy One Million Dollar Macao Regional Entrepreneurship Competition, hosted by the University of Macau (UM), is now open for applications. All students currently studying at higher education institutions in Macao and Macao residents studying at overseas tertiary institutions are eligible to apply. The deadline for applications is 13 February. The cash prize for the Macao regional competition is MOP 120,000. The top three winners of the regional competition will advance to the grand final to compete for a cash prize of RMB 1 million and an opportunity to win funding in excess of RMB 50 million.

The Macao regional competition is title-sponsored by the Bank of China Macao Branch and hosted by UM. It aims to encourage college students to start their own businesses by providing a platform to connect the students with entrepreneurs and potential investors. It also hopes to promote cultural exchange and economic collaboration between Beijing, Guangzhou, Shenzhen, Hong Kong, Macao, and the neighbouring areas by bringing together youth from these cities.

The One Million Dollar Entrepreneurship Competition was launched in 2011 by the Hong Kong University of Science and Technology, with the aim of discovering the best business proposal. This year, nine awards have been set up in the Macao regional competition, including the First Place, Second Place, Third Place, three Outstanding Prizes, Hong Kong University of Science and Technology-University of Macau Joint Team Award, Best Trade Show Award and Best Elevator Pitch Award. The winning teams from the Macao regional competition will represent Macao at the final.For more details, please visithttps://ci.ici.um.edu.mo/news/2019_boc_omd/.

For inquiries, pleasecontact the Career Development Centre under UM’s Student Affairs Office at 8822 9903, or email to sao.career@um.edu.mo or contact the Centre for Innovation and Entrepreneurship under UM’s Institute of Collaborative Innovation at 8822 4619, or email to ICI.Innovation@um.edu.mo.

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