Application for the University of Macau (UM) hosted “2022 Bank of China Trophy One Million Dollar* Macao Regional Entrepreneurship Competition” is open until February 17, according to a statement from the public university.
The competition is title-sponsored by the Bank of China Macau Branch and aims to encourage college students to start their own business by offering a stage to connect students with entrepreneurs and prospective investors. The statement noted that the competition also hopes to “promote cultural exchanges and economic collaboration between Beijing, Shenzhen, Hong Kong, Macau, and surrounding regions by bringing together youth from these cities”.
The statement pointed out that students currently studying in the city’s tertiary education institutions, as well as Macau residents studying at higher education institutions outside of the city, are eligible to apply.
The regional competition’s cash prize is valued at more than 110,000 patacas. The winning teams will be able to represent Macau in the finals with a chance to win one million yuan (1.262 million patacas) as well as obtain further funding, the statement underlined.
The statement said that eight awards have been set up for the regional competition, which comprises the top three prizes, three Outstanding Awards, a Best Trade Show Award, and a Best Elevator Pitch Award.
To register, one can visit https://go.um.edu.mo/gcpvs8ze, while competition details can be viewed at https://cie.ici.um.edu.mo/news/2022_boc_omd/.
The statement said that enquiries can be made by contacting the UM Student Affairs Office’s Career Development Centre on 8822 9903 or 8822 4916 or via email at sao.career@um.edu.mo. One can also contact the Centre for Innovation and Entrepreneurship under UM’s Institute of Collaborative Innovation on 8822 4619 or 8822 9219, or emailing ICI.Innovation@um.edu.mo.
*While the name of the competition refers to “one million dollars”, the final prize does actually amount to one million yuan (US$157,265).
This poster provided by the University of Macau (UM) promotes the upcoming “One Million Dollar Macao Regional Entrepreneurship Competition”, along with the various awards for competition winners.
