The Bank of China Trophy One Million Dollar Macao Regional Entrepreneurship Competition, hosted by the University of Macau (UM), is now open for applications. All students currently studying at tertiary institutions in Macao and Macao residents studying at overseas tertiary institutions are eligible to participate. The cash prize for the Macao regional competition is MOP 100,000. The top three winners of the regional competition will advance to the grand final to compete for a cash prize of RMB 1 million and an opportunity to win funding in excess of RMB 50 million.

The Macao regional competition is title-sponsored by the Bank of China Macao Branch and hosted by UM. It aims to encourage college students to start their own businesses by providing a platform to connect the students with entrepreneurs and potential investors. It also hopes to promote cultural exchange and economic collaboration between Beijing, Guangzhou, Shenzhen, Hong Kong, and Macao by bringing together youth from the five cities.

The One Million Dollar Entrepreneurship Competition was launched in 2011 by the Hong Kong University of Science and Technology, with the aim of discovering the best business proposal. The 2018 regional competitions will be held in Macao, Hong Kong, Guangzhou, Shenzhen, and Beijing. The winning team from the Macao regional competition will represent Macao at the final.

The Macao regional competition is now open for applications until 8 November 2017. For details, please http://www.umac.mo/sao/scs/cdc/students/es/en/scs_omd.php or contact the Career Development Centre under UM’s Student Affairs Office at 8822 9903 or sao.career@umac.mo.