The Startup Competition with one of the biggest prize money is inviting applications

The City Government of Shenzhen has brought the first-ever 'Innovation and Entrepreneurship International Competition' by China into India. The competition intends to attract innovative startup ideas and business plans.

It is being touted as the startup competition with the largest prize money for innovation and startup ideas. It will fetch the winner RMB 1,000,000 which is approximately Rs 1 crore.

Entries are open online for the three-stage competition which will be held under five categories -- the internet and mobile internet, electronic technology, biotechnology and life sciences, advanced manufacturing and electronic technology and advanced materials and energy, including energy saving and environmental protection.

The India Region Round of the competition shall be organised by Sino India Trade and Culture Promotion Council. Besides India, other centres of global innovation and entrepreneurship that shall be battling it out for top honours include Australia, Canada, Germany, Israel, Japan and US.

The last date to send in entries is February 28. Finalists will compete in regional finals on March 18 and 19 in Bengaluru. Regional rounds will also be held in Sydney, Toronto, Munich, Tel Aviv, Tokyo, London and California.

If you are planning to apply, you could go here for details.