Yantai China Unveils 4th Bajiao Bay Entrepreneurship Competition for Overseas Returnees 2025
Yantai, China, 21st Aug 2025 – To connect with the global frontiers of science and technology, focus on China’s national strategy of developing new quality productive forces, and foster emerging industries, new models, and new drivers of growth, Yantai is hosting the “Returned Overseas Personnel @ Bajiao Bay” 4th China·Yantai Returned Overseas Personnel Entrepreneurship Competition & Tayho Advanced Materials Cup Entrepreneurship Competition. The event aims to attract and gather overseas returnees to innovate and start businesses in the Huang-Bohai New Area, supporting the development of a green, low-carbon, and high-quality demonstration zone.
I. Participation Requirements
The participants are high-level talents and teams from both domestic and overseas who intend to start (lead) businesses in the Yantai Huang-Bohai New Area. Specific requirements must meet the following conditions:
(1) Candidates shall be the persons in charge of the entrepreneurial projects. The major he/she studied must be consistent with or similar to the project he/she will be implementing. He/she has not registered an enterprise in Yantai prior to the announcement of this competition and intends to establish cooperation or start a business in Yantai. He/she shall generally be no older than 60 years old. In principle, he/she shall have obtained a master’s degree or above overseas or have overseas work experience (specifically: having worked in overseas universities or research institutions for over one year and held a position equivalent to a professor (as an expert or scholar); or having worked in technical or management roles at well-known foreign companies or institutions for over two years and held mid-to-senior positions as professional/technical personnel or business managers). He/she shall have a strong spirit of innovation and entrepreneurship, market development and business management capabilities, and possess independent intellectual property rights or master core technologies. After the project is implemented, he/she shall be the main founder of the enterprise and the largest shareholder, with a shareholding ratio of no less than 35%.
(2) The entrepreneurial projects shall have a high level of technological content and great development potential, and can be industrialized; the business plan shall be complete, with a clear business model; there shall be favourable market development prospects, with good expected economic and social benefits.
(3) Each participant can only participate in one project, and the same entrepreneurial project can only participate once. Participants should ensure that their personal information, projects, and other details are true and reliable. In case of any false information, the organizing committee of the competition has the right to cancel their participation and eligibility for awards.
(4) Candidates who have successfully applied for and been selected into national, provincial, municipal, or district-level talent projects in Yantai City, or who have won awards and implemented their projects in previous China·Yantai Global Elite Entrepreneurship Competitions or “Returned Overseas Personnel @ Bajiao Bay” China·Yantai Entrepreneurship Competitions, are not eligible to apply.
(5) The participating projects must comply with national laws and regulations and industrial policies, and must not have any intellectual property disputes, infringe on the intellectual property rights, ownership, usage rights, and disposal rights of third parties.
II. Schedule Arrangement
The competition will be held from August to December 2025 and will include 7 stages: Competition Launch (Early August), Project Collection (August–September), Competition Zone Preliminary Review (Early October), Competition Zone Preliminary Contest (Late October), Entrepreneurship Training Camp (Early November), Competition Final (Mid-November), and Follow-up Services for Project Rollout and Implementation.
III. Contact Details
For the application form, supporting policies, and additional information, please follow the official WeChat account “Huang-Bohai New Area.”
Media Contact
Organization: Haichuang Talents (Yantai) Technology Services Co., Ltd.
Contact Person: Lisa Huang
Website: https://www.instagram.com/emilywww08/
Email: Send Email
City: Yantai
Country: China
Release Id: 21082532606