The Grand Final of the 2022 PHBS-CJBS Global Pitch Competition was held on March 16 in the China-Britain Institute of Qianhai, Shenzhen. The event attracted thousands of investors, startup entrepreneurs, and audience, both on-site and online.
The opening of the final competition
This year’s competition involved nearly 200 high-quality startups from around the world in a variety of fields such as medical and healthcare, the chip and semiconductor industry, leading technology, energy and environment protection, SaaS and enterprise service, and cultural and creative products. Participating entrepreneurs and investors came from Europe, North America, as well as the greater China area.
Professor Hai Wen gives opening remarks
Hai Wen, vice chairman of Peking University Council and PHBS founding dean, delivered the opening remarks highlighting that it is PHBS’ historical mission to promote the innovation of the Guangdong-Hong Kong-Macao Greater Bay Area, further facilitate the construction of its entrepreneurial and innovative ecosystem, and cultivate more outstanding and innovative leaders. He emphasized that innovative development is inseparable from multi-field cooperation and all-round cultivation, including entrepreneur empowerment, global mindset, and ecosystem construction.
Liang Ke gives a speech
Liang Ke, deputy secretary of the Party Working Committee of Qianhai Cooperation Zone, noted that the success of the PHBS-CJBS Global Pitch Competition was beneficial for the docking of innovative enterprises and venture capital, the efficient transformation of scientific and technological achievements, the continuous growth of emerging industries, and the promotion of self-reliance and self-improvement of China’s scientific and technological industry.
Project roadshows
A total of 8 domestic and 2 international startups made it to the final round through a series of competitive pitching sessions over the last year. In the afternoon's final, a representative from each team had 5 minutes to pitch the group’s business plan to a panel of esteemed judges comprised of scholars, investors, and entrepreneurs, which was then followed by a 3-minute Q&A session. Topics and business plan included medical and healthcare, energy and environmental protection, emerging tech and semi-conductor.
After a fierce competition, the first prize went to LaSense Technology (Shenzhen) Limited. RuoxinTech Co., Ltd and ZRD New Energy Co., Ltd won second prize. Shutang Information Technology (Shenzhen) Co., LTD , LIANFENG ACOUSTIC TECHNOLOGIES CO., LTD., Shenzhen HoloEpoch Media Technology Co., Ltd, CCCulture, and Ciyunge Medical Technology Co., Ltd, won the third prize. Two international startups NEURONSPIKE and Design with FRANK won the Outstanding Startup Award.
PHBS leaders Hai Wen, Ren Ting, and Wei Wei present awards to winning teams
Following the competition, the Greater Bay Area Entrepreneurship and Venture Capital Forum featured keynote speeches given by renowned entrepreneurs and investors, and included such topics as the trend of Innovation, entrepreneurship, and venture capital , and the cultivation of innovative leaders of the Greater Bay Area. During the event, Chen Wei (CGL Vice President and Practice Professor of PHBS), Zhan Han (partner at Sequoia China Seed Fund) were appointed as members of PHBS Advisory Committee on Start-up and Venture Capital.
Appointment ceremony
Chen Wei gives a keynote speech
Chen Wei, chairman of Peking University HSBC Entrepreneurship Venture Capital Advisory Committee and president of Oriental Fortune, gave a speech entitled "The New Engine for the Era of Venture Capital, Science, and Technology Innovation.” He maintained that in the face of major changes unseen in a century, reforms in the innovation ecosystem of technology, talent, and finance should be in place to facilitate the transformation of the era of traditional industries to the era of scientific and technological innovation. He pointed out that as the credit growth model that once supported China's economic development started to fail, the new engine would be innovation, entrepreneurship and venture capital, requiring venture capital to play a greater role.
Zhang Han shares his insights
Zhang Han, a partner at Sequoia China Seed Fund, gave a speech titled "Start-up companies, what should you care about?" He pointed out that the market will accelerate its recovery and this might lead to high enthusiasm for entrepreneurship. The core focus of a start-up company should lie in such factors as partners, entrepreneurial direction, financing, and shareholders. From the perspective of venture capital, he shared how to help start-up projects grow sustainably through idea incubation, team building, and post-investment services.
The launch ceremony of the 2023 PHBS-CJBS Global Pitch Competition was held at the end of the event. Li Hongkai briefly introduced the forthcoming competition. With the theme of "Business Empowering Technological Innovation," this year’s competition will focus on energy double carbon, artificial intelligence, medical health, smart manufacturing, chips and semiconductors, new materials, and exporting technology, and will build multiple empowerment platforms for participating teams from China, North America, Europe, Israel, Singapore, Japan, and South Korea.
The launching ceremony of 2023 PHBS-CJBS Global Pitch Competition
Initiated in 2020, the PHBS-CJBS Global Pitch Competition has gained great support from the Shenzhen Municipal Development and Reform Commission, the Science and Technology Innovation Committee, and many well-known venture capital institutions, incubators, scientific research institutes, and industry leaders. The success of the competition reflected our school’s endeavors and influence in the field of venture capital at home and abroad.
If you are a global investor, incubator and accelerator organization or entrepreneurs who want to participate in 2023 PHBS-CJBS Global Pitch Competition, please contact us via
http://competition@phbs.pku.edu.cn or you can directly register your program through this link
https://jinshuju.net/f/bYTXNsl
By Annie J
