Core Points - The 2025 Shanghai Cooperation Organization (SCO) Global Innovation and Entrepreneurship Competition was officially launched on July 28, 2023, in Jiaozhou, aiming to attract innovative projects globally [1][3] - The competition has attracted 459 top teams since its inception in 2021, resulting in 11 quality projects landing in Jiaozhou and securing over 40 million yuan in equity investment [3][4] Group 1: Competition Structure and Incentives - The entrepreneurship competition will feature 10 gold award projects, each eligible for a phased prize of 100,000 yuan, three years of free use of 500 square meters of space, and up to 10 million yuan in equity investment [1][3] - All participating teams will receive a travel subsidy of 5,000 yuan [1][3] - The innovation competition introduces a new model of "government platform, enterprise questions, expert solutions," facilitating precise matching between experts and enterprises to tackle industrial technology bottlenecks [3][4] Group 2: Collaboration and Talent Development - A series of school-local enterprise cooperation activities will be launched during the finals, including strategic agreements with key universities to form the SCO Skilled Talent Training Alliance [4] - The competition aims to create a chain linkage of "research resources - technology tackling - talent supply" to promote the direct transition of skilled youth from schools to enterprises [4] - Previous award-winning projects have demonstrated significant economic impact, such as a liquid rocket engine project generating 7.71 million yuan in technical development revenue [4]