Venture(US:VEMLY) Xin Lang Cai Jing·2025-10-22 00:24Core Insights - The 14th China Innovation and Entrepreneurship Competition is currently taking place, with Jiangsu province having the highest number of entrants at 127 companies [1] - The 13th "Entrepreneur Jiangsu" Technology Entrepreneurship Competition attracted a record 5,905 teams and companies, highlighting the growing entrepreneurial spirit in the region [1] Group 1: Company Innovations - The high-tech team from Sun Yat-sen University is advancing their tumor fluorescence imaging agent project, which aims to enhance the precision of tumor detection and surgery [3] - The project has been in development for 17 years and is now in the process of applying for national Class I new drug approval [3] - The company plans to establish a subsidiary in Nanjing Jiangbei New Area to facilitate production and clinical application of their imaging agent [3] Group 2: Market Delivery and Applications - Suzhou Zhongke Jingrui Technology Co., Ltd. is focused on delivering over 500 small quadrotor emergency firefighting detection drones, which provide data support for emergency situations [4] - The company has developed a leading integrated system for air, land, and sea operations, tailored to specific industry needs [4] Group 3: Value of the Competition - The competition serves as a critical accelerator and resource network for participants, enabling them to connect with experts and expand their business ideas [5] - Companies like Guozhuang New Materials Technology Co., Ltd. are leveraging expert feedback to explore new applications for their high-performance ceramic fibers [6] - The competition has facilitated connections between various teams, leading to potential collaborations in fields such as solid-state batteries and precision manufacturing [6] Group 4: Industry Growth and Potential - The flexible perovskite solar cell developed by Suzhou Shangrou New Energy Co., Ltd. is gaining traction, with potential applications in various sectors, including consumer electronics and outdoor emergency devices [7] - The company has received over 10 million yuan in intention orders from leading enterprises in the consumer electronics field [8] - The competition has helped the company establish connections with industry partners and explore supply chain collaborations [7][8] Group 5: Ecosystem and Support - Jiangsu's entrepreneurial ecosystem is robust, with 60 projects in the finals holding a total of 1,222 authorized patents, including 722 invention patents [9] - The competition has facilitated over 880 billion yuan in financial support for participating companies since its inception in 2013 [9] - The favorable business environment in Jiangsu has attracted numerous teams, with many companies planning to register and expand their operations in the region [9][10] Group 6: Long-term Impact - The "Entrepreneur Jiangsu" competition has seen over 6,000 teams participate over 13 years, resulting in significant growth for many startups [11] - Among the 436 awarded companies from previous competitions, 64 have gone public, and 135 have become unicorns, showcasing the competition's role in fostering successful enterprises [11]