Beijing will hold an international innovation and entrepreneurship competition for university students and the winner of the top award will receive 1 million yuan.

With the aim to cultivate innovative consciousness, inspire creative thinking, enhance creativity and bring up entrepreneurial talents, the competition will set up six divisions in China and three outside China. Beijing is the principle area.

During the contest, well-known entrepreneurs, investors, business experts will be invited as mentors to conduct training courses and exchange. They will also provide targeted business counseling for college student entrepreneurs.

Participants can log in the official website of the competition (www.2ccy.com) for registration.