Three Ningbo enterprises get awards for innovation

Category: Ningbo Business
Published: Tuesday, 22 November 2016 10:22

The final of the 5th China Innovation and Entrepreneurship Contest, the largest event of its kind in China, was wrapped up in Ningbo on November 19. 158 new materials projects from 12 enterprises and eight teams competed at the final. Among others, Ningbo Vision Technology was the champion of the enterprise group, while Xunqiang Electronics got the third place in the enterprise group and Ningbo Electromagnetics got the second place in the team group. Both the quality and quantity of the awards set the record for Ningbo enterprises.

The contest, a national event jointly sponsored by the Ministry of Science and Technology, the Ministry of Finance, the Ministry of Education and China Federation of Industry and Commerce, has become a super competition for innovation and entrepreneurship covering all the provinces, autonomous regions and province-level municipalities, and has attracted attention from all walks of life. The 18 candidate projects for the final are involved in such fields as inorganic nonmetal materials, new building materials, electronic appliances, environment-friendly materials and display technologies.

"By attending the contest, we get a good chance to learn more about the industry, find potential clients and suppliers, and integrate the upstream and downstream industrial chain resources." said Xing Qi, Deputy General Manager of Vision Technology. The company received cooperative intentions from over 20 investors at the event.

Besides, with the high technology content, the projects are in great need of production-research cooperation. During the contest, the organizer arranged the market-technology docking activities to promote the interaction and cooperation between colleges or research institutes, leading enterprises and innovative SMEs in terms of industrial chain and technological chain