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Invention & innovation competition held

The 9th session of Ningbo invention & innovation competition has started, themed on "innovations creating dynamic city, inventions demonstrating smart Ningbo". With a total prize value of nearly 950,000 yuan, both the total amount and individual awards will reach the record high.

This year's session will cut down the number of awards and thus increase individual prize values to attract more projects and improve the quality of items. It is understood that the competition will set up more than 140 awards, including 30 awards for inventions, with the top prize of 150,000 yuan, 30 awards for designs, with the top prize of 50,000 yuan, and 60 500-yuan-worth awards for those entering the finals. Besides, 10 stars of invention will the awarded 10,000 yuan each, and ten spectaculars with keen attention will be awarded 500-yuan worth of prizes.

The candidates of the competition should be those invention patents, utility patents, or design patents that have been approved over the past two years. The organizer encourages the participation of those patents in such strategic emerging industries as new materials that can strengthen innovation driving effects and accelerate economic transformation and development. The date of the approval statement of the items should fall in the period from June 16, 2011 to June 15, 2013.

The competition will be jointly sponsored by Ningbo Municipal Science and Technology Bureau and the Administrative Committee of Ningbo National High-tech Zone, and hosted by the Administration and Service Center of Ningbo R & D Park, Ningbo Productivity Promotion Center, and Ningbo Intellectual Property Development and Research Center

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