Entrepreneurship contest concludes in Hi-tech Zone

The first Torch Cup Innovation Entrepreneurship Competition at Zhanjiang High-Tech Development Zone concluded on Sept 21, with Vgirl network marketing and Hi-Cup vending machines winning the first prize.

Hosted by the High-Tech Development Zone Administrative Committee, the competition got underway on Sept 15 with 18 enterprises and nine teams signing up to compete to qualify for the final.

Twelve of them successfully elbowed their way through to the last round, showcasing the latest achievements in innovation entrepreneurship, covering e-commerce service platforms, aquaculture, agricultural fertilizer, new energy and network marketing.

There were two first prizes, five second prizes and five third prizes selected by the expert panel after review and grading. Meanwhile, a total of 15 enterprises and teams were honored for their projects.

In recent years, Zhanjiang High-Tech Development Zone has quickened its pace in fostering industrial clusters. The zone's Scientific and Technological Entrepreneurship Service Center and Zhiyuangu Incubator of Science and Technology Enterprise have been included in the first-batch of national incubators in Zhanjiang.

The city is also home to one national maker space, two city-level incubators of science and technology enterprise and one city-level maker space, which form a well-established incubator system in the city.