Venture(US:VEMLY) Zhong Jin Zai Xian·2025-10-11 11:35Core Insights - Changde is transforming its industrial landscape by integrating synthetic biology into its development strategy, aiming to become a national leader in the bio-manufacturing sector [1][3] - The second "Innovation and Entrepreneurship Competition for Synthetic Biology Manufacturing" is set to attract innovative projects with industrial potential, supported by various top-tier research institutions and investment firms [1][4] Group 1: Changde's Industrial Evolution - Changde's bio-manufacturing roots trace back to the 1960s with the fermentation process for MSG, evolving into a significant global production base for enzyme preparations and steroid drugs, with a 62% global market share in glyphosate production and 70% in corticosteroids [3] - The city has established synthetic biology as a core pillar of its modern industrial system, supported by provincial policies and the first local regulations on synthetic biology manufacturing in China [3][4] Group 2: Competition Structure and Objectives - The competition features a dual-track mechanism with "Creative Group" for students and researchers focusing on original innovation, and "Growth Group" for registered SMEs emphasizing commercialization and industry collaboration [4][5] - The competition covers nine key areas including bio-food, bio-pharmaceuticals, and bio-materials, aligning with national strategies for green development and health [6] Group 3: Resource Support and Incentives - The competition aims to create a strong ecosystem for innovation, providing financial support, access to industrial resources, and a comprehensive service mechanism for project implementation [8] - Winners will share approximately 1.5 million yuan in prizes and benefit from various policy supports, including talent subsidies and access to a fund matrix of around 40 billion yuan for financial services [8] Group 4: Participation and Timeline - The registration for the second competition has officially opened, with a timeline from September to mid-November for project submissions, followed by preliminary and final rounds leading to a decision in January 2026 [9]