The final of the Churchill College Enterprise Competition, of which Shenzhen General Chamber of Commerce was a title sponsor, to place in early 2019. Consistent with Churchill’s idea of training future leaders, which prompted him to set up the college at Cambridge in the first place, the competition aimed to discover and nurture the best business concepts among the students and alumni of the college.
It was opened to teams or individuals that had innovative products or services. Apart from generous cash awards, they could learn experience and receive guidance from the judge panel (college’s successful alumni), and winners could receive one-year membership plus free space at IdeaSpace, the incubator at Cambridge Innovation Center, as well as access to the business network of SGCC in China.
In addition to 800 years of history and medieval buildings, Cambridge has what it takes to be a representative innovator. It is known as Europe's Silicon Fen, because the area where it resides is a swamp and a cluster of high-tech startups. Cambridge is the world’s third most successful university innovation ecosystem, only after Stanford and MIT.
With the competition as a bridge, SGCC aims to set up an innovative communication channel between Cambridge and Shenzhen’s firms, whereby it can bring Cambridge innovations to Shenzhen and offer British students and entrepreneurs access to the city’s market and capital information.