Venture(US:VEMLY) Sou Hu Wang·2025-11-23 09:47Core Viewpoint - The "Ten Mile Guitang Dream Gathering" Youth Talent Innovation and Entrepreneurship Competition has been launched in Changsha's Yuhua District, aiming to attract young talents and promote low-cost entrepreneurship and high-quality living [1][3]. Group 1: Competition Overview - The competition invites university students and outstanding entrepreneurs from both domestic and international backgrounds, focusing on fostering innovation and entrepreneurship in Yuhua District [3][5]. - The event is part of the provincial and municipal government's initiatives to support youth entrepreneurship, including the "Seven Ones" deployment and the "Double Backpack" action plan [3][5]. Group 2: Support Initiatives - Yuhua District has introduced the "Rain Dew Plan" to support young entrepreneurs, which includes infrastructure development, platform services, venue support, initial funding, financing guarantees, and talent services [5][8]. - The district has established eight innovation and entrepreneurship bases, such as the "Ten Mile Guitang" base and the Yingwei Innovation Building, to create a comprehensive entrepreneurial ecosystem [8][10]. Group 3: Competition Structure - The competition lasts for three months and consists of two tracks: a commercial group focusing on business operation plans and a tech innovation group targeting strategic emerging industries [13][14]. - Winners will receive various support measures, including cash prizes, project funding, rental support, and access to mentorship programs [13][14]. Group 4: Economic and Community Development - Yuhua District aims to become a hub for innovation and entrepreneurship, emphasizing the importance of youth as a driving force for urban development [14][16]. - The district has created a "companion service system" for entrepreneurs, providing integrated services for business registration and social security, along with a mentorship network [16][18]. Group 5: Infrastructure and Ecosystem - As of now, Yuhua District has established 239 national, provincial, and municipal innovation platforms, supported by leading enterprises, creating a strong foundation for technological research and industrial collaboration [18]. - The district has also developed community spaces that integrate living, socializing, and leisure, enhancing the appeal for young talents [18].