On November 13th, the finals of the 20th China MBA Entrepreneurship Competition came to an end. Teams from 16 business schools across the country competed online and offline. In the end, the perovskite solar cell and laminated battery project from Xi’an Jiaotong University won the championship, the hydrogen brewing technology project of Shanghai Jiao Tong University and the steel industry intelligent visual equipment leader project of Jiangnan University won the runner-up and third place respectively, and 16 mentors including Li Guo of Beijing Institute of Technology won the honorary title of excellent innovation and entrepreneurship mentor of the competition.
The 20th China MBA Entrepreneurship Competition Final Finals ended Photo courtesy of the organizer
“As an entrepreneurial platform with a 20-year brand, the China MBA Entrepreneurship Competition keeps pace with the times, explores and innovates, and builds the competition into a multi-level training platform through the three elements of courses, mentors and capital docking, and the competition has become one of the most effective ways to transform students’ entrepreneurial ideas into practice.” Chen Fangruo, the organizer of the competition and Dean of Antai College of Economics and Management of Shanghai Jiao Tong University, said in his opening speech that under the dual influence of the epidemic and the great changes in the world, the entrepreneurship competition pays more attention to science and technology, talents and innovation, encourages and advocates MBA students to apply what they have learned, open up new fields and new tracks for development, and constantly shape and develop new kinetic energy advantages.
Due to the impact of the epidemic, this year’s entrepreneurship competition was changed from an open competition to an invitational competition, and 16 well-known business schools were invited to participate. “Reducing the amount without reducing the quality”, the organizer increased the organization of the pre-competition, opened the third entrepreneurial elite class, 8 high-quality courses are open to all participating universities, the number of online training is as high as more than 5,000 people, and also organized the promotion project entrepreneurial mentor “one-on-one” guidance to further help sort out the project business model and improve the quality of the project. The national finals were also carefully organized, with repeated exercises for online and offline participation, providing great technical support to meet the team’s participation experience as much as possible.
Artificial intelligence, new energy and metaverse became the highlights of this competition. The 16 projects shortlisted in this final, involving artificial intelligence, high-end manufacturing, high-tech materials, new energy, virtual reality, health, environmental protection, logistics and other industries, most of which belong to the key industrial fields encouraged by the state, many projects have both technical support, innovative business models and modern marketing means support, promote the integration of engineering technology and business management, highlight the essence of MBA students to apply what they have learned, and combine theory and practice. The highlight is that MBA entrepreneurs are better at landing some very cutting-edge technologies in subdivided practical application scenarios, building a bridge combining industry, education and research, practicing the mission of “crisscrossing and integrating knowledge and action”, highlighting the social value of MBA entrepreneurship. For example, the increasingly mature artificial intelligence application scenarios are getting broader and broader, Jiangnan University will be rooted in the development and manufacturing of intelligent visual equipment in the steel industry, Tongji University invented the intelligent vein painless puncture robot to improve medical quality, Wuhan University to build a smart city central air conditioning energy-saving cloud control platform, Xiamen University to use AI technology to create outdoor advertising supervision products, most of these products have been productized and practical application. The metaverse technology that has emerged in recent years, Sichuan University is applied to the field of brand and consumer interaction, Zhejiang University applies the metaverse to the innovation and transformation of technology, and Nankai University combines the metaverse with digital art to create a cloud pavilion. In this year’s very popular new energy track, Shanghai Jiao Tong University’s “hydrogen brewing technology” aimed at the energy exchange of hydrogen fuel vehicle batteries and the design of hydrogen production system products; Xi’an Jiaotong University focuses on the industrial application of cutting-edge perovskite solar cells and tandem cells, which are unique and highly recognized by the judges.
After the competition, the China MBA Entrepreneurship Competition held a grand closing ceremony, and the winning teams were awarded at the closing ceremony. Professor Dong Zhengying, Deputy Director of the Student Innovation Center of Shanghai Jiao Tong University and Director of the MBA Program of Antai College of Economics and Management, presented awards to the outstanding innovation and entrepreneurship mentors and champion teams.