In a significant move to establish itself as a global innovation hub, Anhui Province in eastern China is organizing an innovation and entrepreneurship competition targeting world-class technological talent. Set to run from May to September 2026 in Hefei, the province's capital, the competition is themed "Go with Dream" and aims to solicit high-quality innovation projects primarily from overseas and local research teams. The event is part of Anhui's broader strategy to position the Grand Union of Innovation (GUi) as a leading center for technological advancement.
Competition Overview
The inaugural round of submissions kicked off with the goal of attracting unique sci-tech innovations that align with Hefei's industrial development plans. The timeline set for project entries concludes on July 31, with preliminary rounds slated for August and the finals in September.
The competition encompasses three distinct tracks: leading industries, emerging industries, and future industries. Participants are called to submit projects that not only exhibit original innovation but also exhibit substantial market potential. These areas of focus span a range of advanced sectors, including:
- - Intelligent connected new energy vehicles
- - New generation information technology
- - New energy resources
- - High-end equipment manufacturing
- - Artificial intelligence
- - Low-altitude economy and commercial aerospace
- - Quantum technology and deep space exploration
- - Nuclear fusion energy and hydrogen energy
- - 6G technology
These sectors align strategically with Hefei’s plans for industrial enhancement while promoting high-quality innovation. By focusing on cutting-edge technologies, the competition aims to attract both domestic and international talent.
Prizes and Support
A total prize pool of 4.2 million yuan (approximately $600,000) will be distributed among winners, who will receive first, second, and third prizes, as well as honorable mentions for outstanding projects in each track. Winners who register and operationalize their projects within the GUi over nine months post-award will be eligible for cash rewards.
Moreover, the competition features a unique "Dream Fund" incentive system with a budget of 100 million yuan. This fund is designed to support exceptional projects, providing resources such as dedicated mentoring, potential workspace rent reductions or exemptions, and opportunities for roadshow matchmaking with venture capitalists and private investors. This holistic support model aims to ensure that winning projects have the resources they need to thrive in Anhui's innovative ecosystem.
New Talent Attraction Model
Through this initiative, the organizers are keen to explore a new paradigm in talent acquisition characterized by a systematic approach: from competition participation to a short-term transition phase and ultimately to long-term settlement within the region. This model is indicative of Anhui's commitment to not only attract but retain top-tier talent and innovation.
Ultimately, the competition and subsequent support mechanisms are aimed at centralizing high-quality scientific and technological resources within Hefei, contributing to its evolution as a vibrant global tech innovation hub. The organizers anticipate that this initiative will not only foster innovation but also catalyze extensive development and research collaborations within and beyond China's borders.