The 1st Double High Competition of Western (Chongqing) Science City Launched

October 20 saw the official launch of the Double High Competition of Western (Chongqing) Science City in Bishan District, Chongqing. With the theme of "Cultivation of High-value Patents and Transformation of High-quality Achievements", this session of the Double High Competition is held for all kinds of innovators and entrepreneurs in China, especially in the Chengdu-Chongqing area. The competition focuses on the overall technical level, the market competitiveness, the quality of the early patent portfolio, the cultivation of high-value patents, and other aspects of the participating projects, in a bid to select and transform excellent innovation projects and offer strong support for the construction of the Western (Chongqing) Science City and high-quality economic development.

This session of the competition, as an important event in the development and construction of the Western (Chongqing) Science City, is a significant measure to strengthen the role of intellectual property rights in supporting innovation and development.

The competition, which will last for two months from October 20 to mid-December, is divided into four stages: project solicitation, mass-election, semi-final, and final. Project solicitation and the mass-election will run from October 20 to mid-November, the semi-final from late November to early December, and the final in mid-December.

There will be one first prize, two-second prizes, six third prizes, six excellence prizes, and one best popularity prize. In addition to cash rewards, winning projects may also enjoy equivalent services of intellectual property and for seeking investment institutions, as well as policy support in project introduction, intellectual property rewards, and talent introduction. For the shortlisted projects, a special project pool will be established and professional facilitating agencies will be selected to provide key guidance and take charge of project tracking.

"This competition will bring Bishan multitudinous high-value patented technologies and exceptional scientific research achievements throughout the country and display them through scientific research achievements. In this way, more venture capital institutions will be attracted there to escort the transformation of scientific research achievements. To support these projects, Bishan has introduced a series of preferential policies, including the Twenty Five Policies for Encouraging Scientific and Technological Innovation in Bishan District, and the Measures of Bishan District for Financing Quality Brands and Intellectual Property Rights," said the relevant person in charge of Bishan District.