Core Insights - The fifth "Wutong Tree" International Innovation and Entrepreneurship Competition concluded at Southern University of Science and Technology (SUSTech), attracting over 180 participants from various sectors including venture capital, finance, and entrepreneurship services [1][3] - The competition received 176 project entries from around the world, focusing on high-quality technology transformation and innovation in fields such as new-generation electronic information, high-end equipment manufacturing, new materials, and biomedicine [3][10] - A total of 12 teams advanced to the finals, with the first prize awarded to Bridge Interface Technology (Shenzhen) Co., Ltd. for their development of a general-purpose robot "brain," and nearly one million yuan in total prizes distributed [3][9] Competition Overview - The competition is part of SUSTech's national-level innovation and entrepreneurship demonstration base, emphasizing the integration of technology innovation and industrial innovation [3][6] - Since its inception in 2021, the competition has received a total of 876 project applications, with 75% of the 67 awarded companies from previous years successfully securing financing, amounting to over 3.6 billion yuan [6][7] - The event featured a professional evaluation panel consisting of experts from state-owned venture capital, industry capital, and successful angel investors, assessing projects based on key factors such as team dynamics, technology, market potential, and business models [6][7] Future Prospects - The competition aims to support the development of strategic emerging industries in Shenzhen, attracting high-quality entrepreneurial talent and venture capital resources [10][11] - Post-competition, SUSTech will continue to provide resources for project implementation in Shenzhen, including investment support and talent acquisition, leveraging the "Nankai Wutong" angel investment fund to follow up on awarded and participating projects [11]