Shanghai Jiao Tong University successfully hosted the national finale of the 15th Edition of “Bright Dairy - UBest Cup” 2017 China MBA Entrepreneurship Competition on July 23. The multiple-hour-long event continued to heat up in an enthusiastic atmosphere – even hotter than Shanghai’s scorching summer. Shanghai Jiao Tong University’s represented team, who was the winner of last year’s competition, reclaimed their victory by winning the championship with their Broad life Medical Supply Chain Management Project.
Launched in 2002 by Antai College of Economics & Management, Shanghai Jiao Tong University, the China MBA Entrepreneurship Competition has been established a national pioneering project that encourages and supports students of business schools, in Mainland China, Hong Kong and Taiwan, to pursue their innovative business ideas. Kicking off in January this year, the competition received more than 200 applications nationwide and after rounds of screening procedures, only 17 of 200 made it to the finals.
It is reported that most of the competing projects this time are majorly focusing on new energy, health, technology and information, and sharing economy. Though some of these projects are weak on technological innovation and short on technical investment, the judges believe that by capturing the latest industrial trend while delving into segment markets, these projects have showcased great quality and high maturity.
Following the success of China MBA Entrepreneurship Competition, Zhou Lin, who is the Dean of Antai College of Economics & Management, Shanghai Jiao Tong University, said that Antai would further boast its entrepreneurial feature by creating the “3+X Entrepreneurial Model”, which suggests more diversified entrepreneurship programs are expected to launch.
According to the Organizing Committee’s first report on quality and development of the China MBA Entrepreneurship Competition Project, some of the selected projects have already caught the attention of venture industries, leading the direction of China entrepreneurship.