{"id":41839,"date":"2023-10-20T15:16:52","date_gmt":"2023-10-20T15:16:52","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/a-new-global-competition-to-offer-us100-million-in-funding-for-startups-startupsmart\/"},"modified":"2023-10-20T15:16:52","modified_gmt":"2023-10-20T15:16:52","slug":"a-new-global-competition-to-offer-us100-million-in-funding-for-startups-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/a-new-global-competition-to-offer-us100-million-in-funding-for-startups-startupsmart\/","title":{"rendered":"A new global competition to offer $US100 million in funding for startups – StartupSmart"},"content":{"rendered":"
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Australian startups will have the chance to share in $US100 million in funding as part of an international search for the world\u2019s best tech entrepreneurs, innovators and founders.<\/p>\n

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Following regional contests in major startup hubs including Sydney, Tokyo and Silicon Valley, the Innovation Competition for International Talents will be held in host-city Shenzhen, China in April this year.<\/p>\n

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The winners and finalists will receive funding of between $US2000 and $US80,000 while VC funds will also invest up to $US100 million in the winners.<\/p>\n

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The competition is an initiative of the Shenzhen Economic and Trade Office (SETO) to turn ideas into real products.<\/p>\n

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Contestants with high-tech skills and new ideas will be highly sought.<\/p>\n

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\u201cThe main purpose of this competition is a learning experience, not just for contestants but for Shenzhen local companies,\u201d SETO director and chief representative Victor Wang says.<\/p>\n

 <\/p>\n

SETO has a growing relationship with Australia\u2019s innovation sector working with UNSW and Aussie start-ups like energy saving platform Wattblock.<\/p>\n

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Wattblock CEO Brent Clark says support from SETO helped them gain a strong footing in the Chinese market.<\/p>\n

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With Wattblock\u2019s main consumer-base being apartment residents, who represent 51% of residents in China, Clark says it opened up a huge opportunity for them.<\/p>\n

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\u201cThe experience is unforgettable and the learning and trade exchange is unforgettable,\u201d he says.<\/p>\n

 <\/p>\n

Australian registrations will be open till February 29.<\/p>\n

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 <\/p>\n

Follow StartupSmart on Facebook, Twitter, and LinkedIn.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Australian startups will have the chance to share in $US100 million in funding as part of an international search for<\/p>\n","protected":false},"author":2,"featured_media":60666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/41839"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=41839"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/41839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/60666"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=41839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=41839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=41839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}