The HKUST-Sino One Million Dollar Entrepreneurship Competition 2020 has seen a record high number of participating teams at its 10th anniversary this year. Three winning teams comprising students, faculty and alumni of the Hong Kong University of Science and Technology (HKUST) will compete with finalists from seven other regions, including Macau, Beijing, Guangzhou, Shenzhen, Foshan, Zhongshan and the Yangtze River Delta, in the Grand Final to be held later this year.
Hosted online for the first time due to the COVID-19 pandemic, the competition this year attracted 151 participating teams – 29% more than the previous year and the highest in a decade.
In order to enhance participation and diversity, HKUST provides an online matching platform for its member to seek partners outside of the University. The University also introduced the “Best Video Award” this year, drawing over 2,000 voters to select what they considered the best pitching video. Presentation of the finalists were also online for the first time.