Frequently Asked Questions

Do I need to register a company entity in China to receive the cash prize if I win anything in the Final Round?

  • No, though you and your team are welcome to set up a local entity in Hangzhou, China, with extensive supports from our local partners. 
  • The final cash prize will be deposited into your preferred company bank account.
  • Specific founders might be qualified for the Special Talent Grant up to $700,000, which varies based on the founder’s background. Please contact us to inquire about further details should any interest arise. The Special Talent Grant is separate from the awards.