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Xiangxiang entrepreneurship competition ends

Updated: 2018-06-13

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Contestants pose for a photo with judges and guests at the sub-contest for the third 2018 “Maker in China” Innovation and Entrepreneurship Competition in Xiangxiang, Hunan province, on June 13, 2018. [Photo/WeChat account: zgxxwz]

The Xiangxiang Scientific, Economic and Information Technology Bureau hosted a sub-contest for the third 2018 “Maker in China” Innovation and Entrepreneurship Competition in Xiangxiang, Hunan province, on June 13.

Delegates responsible for the 13 projects qualifying for the contest introduced them with a six-minute roadshow. Project about recycling waste glass and a new kind of versatile junction box won first prize and 80,000 yuan ($ 12,068.19). Another three projects won second prize and 50,000 yuan. The top five projects will proceed to the Xiangtan-municipal, and potentially the provincial and national final.

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Delegates of the 13 competing projects introduce their projects with a six-minute roadshow at the sub-contest for the third 2018 “Maker in China” Innovation and Entrepreneurship Competition in Xiangxiang, Hunan province, on June 13, 2018. [Photo/WeChat account: zgxxwz]

According to a delegate with the recycling waste glass project, the team has built an annual recycling sorting area that has processed 120,000 tons of broken glass since the beginning of 2017, and achieved an output value of 150 million yuan. It is predicted to achieve an industrial chain of 500,000 tons of waste glass by 2019.

The “Maker in China” Innovation and Entrepreneurship Competition is a state-level competition aimed at offering a platform for medium and small companies and makers to exchange, display, dock with each other and incubate projects. A number of excellent projects and teams have been formed, creating new products, technologies and business models.

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A project about recycling waste glass and a new kind of versatile junction box project win first prize and 80,000 yuan at the sub-contest for the third 2018 “Maker in China” Innovation and Entrepreneurship Competition in Xiangxiang, Hunan province, on June 13, 2018.  [Photo/WeChat account: zgxxwz]