A. Project Funding for Award-Winning Teams

a. If first prize winning projects can meet requirements of Ningbo Yongjiang Talent Introduction Programme(http://web.dfdj.gov.cn/info_show.asp?ArticleID=154420), the projects can proceed directly to the “Expert review” procedure. Those projects that are approved may be granted up to 20 million RMB of project funding.

b. If the award-winning projects in the Joint Innovation Category can meet requirements of Ningbo’s International Technology Cooperation Project may proceed directly to the final review procedure. Those projects that are approved may be granted up to 5 million RMB of project funding.

B. Travel and Accommodation Subsidies

a. If members from CEECs in the award-winning projects meet related requirements and engage in cooperation with an entity in Ningbo, each of them maybe granted up to 300,000 RMB of travel and accommodation subsidies.

b. If members from CEECs in the award-winning projects meet application requirements and come to Ningbo for scientific research cooperation, they may be granted up to 20,000 RMB/month living allowance for 3 to 12 months.

C. Incubation and Acceleration

a. The award-winning projects will be preferentially recommended to innovative incubators, maker spaces in Ningbo;

b. The Competition’s partner organizations will provide financial services, legal services and favorable policies application support;

c. The award-winning projects will be preferentially recommended to investment funds and the Competition’s partner banks;

d. The award-winning projects will be preferentially recommended to leading companies in various sectors.

D. Media Coverage

a. The award-winning projects will be listed on the website of China International Science and Technology Cooperation (http://www.cistc.gov.cn/);

b. The award-winning projects will be promoted on main media preferentially.