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 total cash prize for the Macao regional competition is MOP 120,000. 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 the opportunity to win funding for their start-up business. The deadline for applications is 10 February 2020.

This year, nine awards will be given out in the Macao regional competition, including a first prize, a second prize, a third prize, four outstanding prizes, a Best Trade Show Award, and a Best Elevator Pitch Award. The winning teams from the Macao regional competition will represent Macao at the grand final. The event is sponsored by the Bank of China Macau Branch.

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 event is expected to encourage college students to start their own businesses by providing a platform for them to connect with entrepreneurs and potential investors. The event also hopes to promote cultural exchange and economic collaboration between different cities by bringing together young people from these places.

For details, please visit https://cie.ici.um.edu.mo/news/2020_boc_omd/. For enquiries, please contact the Career Development Centre under UM’s Student Affairs Office at 8822 9903 or sao.career@um.edu.mo or the Centre for Innovation and Entrepreneurship under UM’s Institute of Collaborative Innovation at 8822 4619 or ICI.Innovation@um.edu.mo.