Canada News Agency

Global Olympics of Innovation Returns to Toronto in 2018

Sci Innovation Centre and CCSA Play Host to Sci Innovation Competition (The 2ndIEIC, Toronto Division) to Further Spark Innovation and Investment in Canadian Companies
The Sino-Canada International Innovation Centre (Sci Innovation Centre) and the Canada Confederation of Shenzhen Associations (CCSA) announce the inauguration of The Second China (Shenzhen) Innovation & Entrepreneurship International Competition, Toronto Division (Sci Innovation Competition), on March 24th, 2018.  
The Second China (Shenzhen) Innovation & Entrepreneurship International Competition, known as the ‘Global Olympics of Innovation’, is open to high-caliber Canadian entrepreneurs and projects, and promotes the integration of human resources, technology, capital, and attracts more overseas entrepreneurs to start business or seek cooperation in Shenzhen. The Sci Innovation Competition will once again offer generous prize awards totaling $ 2.09 million CDN. A venture capital pool of RMB 20.9 billion (4 billion CND) has been set up by 34 investment institutions, which helps support outstanding projects and direct funding to emerging innovative technology focussed companies.
The complete 2018 Sci Innovation Competition details will be announced at the Official Press Conference that will feature official statements and interview opportunities with Toronto and Shenzhen delegates and competition judges such as Toronto Deputy Mayor Denzil Minnan-Wong and Jenny Qi, Chairwoman of the CCSA. Important additional announcement details and plans pertaining to the major new developments in partnerships for the 2018 competition will also be revealed.
Date:   Wednesday, January 10, 2017
Venue:  Toronto City Hall, 100 Queen St W, Toronto
Time:  11 AM – 12:30 PM (Media arrival at 10:30 AM)
Designated as China’s first special economic zone, Shenzhen seeks to be on the forefront of the cultivation of talent worldwide and has been developing close relationships with cities abroad. As part of this larger mission, a special relationship with the Toronto-area has been cemented with both the official designation of Shenzhen and the City of Toronto as reciprocal ‘International Friendly Cities’ with the intention of injecting funds in Canadian entrepreneurs and startups in fields of interest to companies in Shenzhen and offer funding, mentoring, training, legal consulting and co-working spaces. 
This competition is a shining example of how research, entrepreneurs and public and private international interests can come together to spur innovation, create jobs and give birth to companies from a Canadian base. Canada is widely considered to be an innovation underachiever and this competition provides a way to change that narrative.
IEIC Official Website:
Sci Innovation
For more information or interviews at the press conference please contact:
James Tessier - Account Manager
Ireland+Hall Communications
(416) 846-6125
Francess Wang - Publicist
Pennant Media Group
(416) 596-2978
Cameron Thomas - Senior Media Relations Specialist
Pennant Media Group
(416) 660-9801