On April 9, 2021, as the administrative districts of Hangzhou were adjusted, and the former Shangcheng District and Jianggan District were merged into the new Shangcheng District. In order to accelerate the implementation of the innovation-driven development strategy and better assist the building of high-end industries in Shangcheng District, we organize the first "Sprint Forward in Golden Boots" Innovation and Entrepreneurship Competition in Shangcheng District. This Competition, which focuses on digital economy and intelligent manufacturing, is open to innovation and entrepreneurship projects from all over the world, so as to welcome more high-level talents from home and abroad to innovate and start businesses in Shangcheng District.
early July, 2022
Early August - mid August
From mid-August to mid-September
There will be 1 first prize, 4 second prizes and 7 third prizes in the final. The winning projects that have settled down in Shangcheng District within one year will be subsidized with up to 10 million, 5 million and 3 million respectively based on the category A, B and C entrepreneurial projects of outstanding high-level talents at home and abroad. Especially excellent projects can be subsidized with 15 million. 18 winners will be awarded with 1 million yuan of start-up funding if they settle down in Shangcheng District within one year.
All winning projects that settle down in Shangcheng District as required will be incorporated into the Sprint Forward in Golden Boots management system, and can enjoy up to zero-interest 15 million yuan bank loan within three years, equity incentive of up to 2 million yuan, and 50% rent subsidy of up to 1500 square meters office space (used for enterprise scientific research, production or operation) for three consecutive years.
Venture capital institutions, intermediaries and international platforms are encouraged to actively recommend outstanding projects for the competition. If the nominated award-winning projects settle down in Shangcheng District as required, nominators will be given Talent Scout Award, and corresponding prize is 50,000 yuan, 30,000 yuan, 20,000 yuan and 10,000 yuan per project for the first, second and third prize winning project, and the excellent project.
If high-level talent projects that the verified equity investment institutions invest in win awards in the competition and settle down in Shangcheng District, the investor will be subsidized at the rate of sp 8% of their actual equity investment, with the maximum amount not exceeding RMB 2 million.
All projects shortlisted for the semi-final and settle down in Shangcheng District within one year will be preferentially recommended to apply for the capital pool for science and technology enterprises in Shangcheng District so as to obtain financing support below market price; Priority can be given such as coordinating and handling the enrollment and settlement procedures for talents’ children, guaranteeing the apartment for talents (entrepreneurs themselves can enjoy Class II rent subsidy of 3000 yuan/month, and enterprises can enjoy Class III rent subsidy of 1000 yuan/month for up to 8 months), and talent can attend a recreational tour every two years and enjoy health examination and other services every year.
Tour of Shangcheng District
Live replay of the "Golden Boot Run" launch ceremony