In June this year, Material Exchange took part in the 2020 International E-commerce Entrepreneurship and Innovation Competition. The competition aims to build a platform of various resources such as innovation & entrepreneurship policies, talents, funds, industries, markets and so on to help projects register in Hangzhou. The competition also targets to improve the innovation atmosphere, stimulate innovation vitality, guide innovation investment and help Hangzhou take lead in China’s digital economy.
A select group of overseas innovative businesses and foreign talent were able to take part in the competition to showcase their projects to the wider industry, potential investors and industry experts. Each competitor was required to submit a detailed business plan to describe their innovation or project and explain their future plans.
The grand final was held earlier this month which saw Material Exchange win first prize in the overseas category!
Check out our official award, click here.