At China G20, China debated best multi-win ideas for 21st youth productivity - that Adam Smith or Maynard Keynes would score. ref 1 -cg A B z

online library of norman macrae-- Entrepreneurial Revolution - the curriculum of how to value small enterprise and sustainability exponentials of the net generation - was started by alumni of Norman Macrae The Economist 1972. By 1976, Norman was clarifying why the sixth of the world (whose brand reality is) communal pride and individually passionate to be Chinese need to be valued by netgen as critical friends to uniting sustainability race for planet and humanity. More on "why china" is systematically pivotal to 21st C coming of age in sidebar. Chinathanks.com maps 1) countries joining Chinese inspired sustainability open systems solutions as well as 2) which global youth professions (eg coding) are mapping value sustaining trades with china - eg EWTP : 21st C version of Silk Road of celebrated by Marco Polo and Hangzhou goal 14 oceans AIIB 1 ted hosts -- 2017 year of mapping sustainability banking -china to commercialize 5g by 2020

Friday, March 3, 2017

https://intl.aliyun.com/startup/events/CACSC-final?spm=a3c0i.8098998.365826.2.wE7FOX

The 2016 Creat@Alibaba Cloud Startup Contest World Final has concluded, with the U.S. division's "Cloud Pharmaceuticals" XtalPi team winning the grand prize

The 2016 Create@Alibaba Cloud Startup Contest (CACSC) world championship was held on the last day of the 2016 Hangzhou Cloud Conference on October 16. The site was fully packed throughout the day. Ultimately, the XtalPi team from the U.S. Silicon Valley division took home the grand prize.

This contest officially started in June 2016 and ended in mid-October. Over a span of 4 months, the contest collected a total of 1,517 effective business plans from 7 international divisions and 9 domestic divisions. Finally, 19 teams were shortlisted for the world championship in Hangzhou. These teams presented products in a wide range of areas including big data applications, smart hardware, cybersecurity, AI, and VR. The entries included both conceptual projects based on cutting-edge technology and quasi-mature products with clear business plans.

On the day of the contest, Chinese and foreign projects were successively demonstrate onstage, interspersed with presentations by Alibaba Cloud, well-known investment institutions, and distinguished makers. The event attracted an onsite audience of over 700 and over 600,000 online viewers.

Ultimately, the XtalPi team from the U.S. Silicon Valley division took home the grand prize. This team was founded by a group of quantum physicists from MIT. They propose a solution that combines quantum physics, medicinal chemistry, and large-scale, high-performance cloud computing to greatly shorten the pharmaceutical R&D cycle, and significantly improve the efficiency and success rate of drug development while ensuring better quality. This will lower the cost and price for new drugs and meet patients' need for more cost-effective medications. The project's core computing framework is powered by a CPU with over 10,000 cores.

The world champion would be awarded 216,000 USD worth of Alibaba Cloud product coupons and also included into the global market support plan, jointly developed by the Alibaba Cloud international business department and the Alibaba Innovation Center.

In addition, the "Alibaba Cloud Ginkgo Valley Joint Fund" invested 54 million RMB in four teams in areas such as cybersecurity, outdoor sports social networking, and soccer video self-media.

Alibaba Cloud's representative expressed that the contest was only part of Alibaba Cloud's entrepreneur support policy. Moving forward, the company is also planning to provide online support for 1,500 startups each year, involving 20,000 entrepreneurs. Each year Alibaba Cloud will hold an Entrepreneurs' Conference, involving 50,000 entrepreneurs. It will also organize 1,000 entrepreneurship training sessions and other activities annually, involving over 100,000 entrepreneurs. Overall, the company will bring together over 1 million entrepreneurs from small and medium businesses.

"We hope that by consolidating and connecting more Alibaba Cloud resources, we can help entrepreneurs increase their focus and efficiency when starting new businesses.”

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owerMew Technology crowned winner of Create@Alibaba Cloud Startup Contest in Hong Kong

The company will travel to China to compete in the world final later this year
July 20th 2016, Alibaba Cloud, the cloud computing arm of Alibaba Group, hosted the Hong Kong session of Create@Alibaba Cloud Startup Contest (CACSC) at Hong Kong Science Park, in cooperation with HKSTP (Hong Kong Science and Technology Parks Corporation), CoCoon and Paperclip HK. Ten local startups were selected to compete as finalists in the Hong Kong leg of the competition, with other events held in cities around the world including Paris and London. PowerMew Technology Limited was the stand out competitor during the event and took home the top prize. It will now go on to represent Hong Kong at the world final in Hangzhou, China in October 2016 to compete with contestants from other markets including Southeast Asia, Korea, Middle East and Europe.
“Alibaba Cloud believes in championing medium and small businesses and we encourage startups to embrace the spirit of entrepreneurship and innovation. CACSC aims to identify the most promising and innovative startups in the world, and to give them a platform to grow and succeed. We are happy to see PowerMew Technology winning the championship in Hong Kong with its forward-thinking and creative ideas leveraging the cloud technology inspired by Alibaba Cloud. We look forward PowerMew Technology participating in the world final and competing with champions from other regions,” said Leo Liu, Business Development Director at Greater China of Alibaba Cloud International.
PowerMew Technology, an online property searching platform in the real estate industry, has been leveraging advanced VR technology to connect proprietors, buyers, tenants and estate agents. By virtue of the cloud computing technology, they allow customers to access social networking service seamlessly for the real estate brokerage anywhere from any smart device.
By winning the championship of the Hong Kong session, PowerMew Technology will receive Alibaba Cloud’s funding for investments into IT infrastructure for the first year, technology training for professionals, tailor-made IT solutions designed by Alibaba Cloud’s architects and one-on-one post-sales support. In addition, winner will receive free office space from CoCoon, and free membership of Paperclip HK.
“We are excited and honored to be crowned champion of the Hong Kong leg of CACSC. It is a significant stepping stone for us, and will help us take our ideas to a global market with the support of Alibaba Cloud. With the cloud capabilities provided by Alibaba Cloud, we are confident that we can strengthen our business and bring our innovations to other markets,” said Sophie Lo and Eddie Chan, Co-founders of PowerMew Technology.
The Hong Kong event judging panel included Leo Liu, Business Development Director at Greater China of Alibaba Cloud International; Cindy Chow, Executive Director of HK Entrepreneurs Fund; Peter Mok, Head of Incubation Programme of HKSTP; and Roland Yau, Managing Partner of CoCoon Ignite Ventures. The competition, which comprises of onsite presentation and Q&A with judges, evaluated the contestants based on the qualification of the founder team, the level of innovation they demonstrated, the market competitiveness and the potential to scale of their business models, and their presentation skills.
Mr. Allen MA Kam-sing, Chief Executive Officer of HKSTP said, “We are delighted to partner with Alibaba Cloud on this meaningful initiative, which provides Hong Kong’s inspiring entrepreneurs with leading technology support and access to abundant resources through Alibaba Cloud’s global network. We look forward to seeing more Hong Kong start-ups thrive and grow their global footprints through this program.”
"CoCoon Ignite Ventures is happy to have been invited as a judge and supporter of this great event. This is a continuation of our ongoing collaboration with Science Park and Alibaba and we hope events like this show the growing support for Hong Kong entrepreneurs. In particular, we recognize that Alibaba has offered quite a few initiatives to entrepreneurs in Hong Kong, including establishing the Alibaba's Entrepreneur Fund and offering support for Alibaba's cloud services, and we look forward to continue working with Alibaba on these important initiatives," said Mr. Roland Yau, Managing Partner of CoCoon Ignite Ventures.
“We are honored to co-work with Alibaba Cloud to host the Create@Alibaba Cloud Startup Contest—Hong Kong. As a startup campus, we are excited to see this program help build up the startup eco-system in Hong Kong and also grow the startups successfully at a regional and global level,” said Deepak Madnani, Founder and CEO of Paperclip HK.
The CACSC is part of the Alibaba Cloud’s global startup program, Create@Alibaba Cloud, which was first launched in April this year. It aims to champion startups and maximize their potential through Alibaba’s comprehensive support network and innovative suite of cloud infrastructure services.
Alibaba Cloud established its first data center in Hong Kong in May 2014. With the second Hong Kong data centre established in November last year, Alibaba Cloud has further underscored its commitment to address increasing demand for cloud computing resources in the region and its commitment to globalization. In addition, Alibaba Cloud launched traditional Chinese and English websites last year and has accepted Hong Kong bank cards for purchases. At present, its cloud server nodes support Elastic Compute Service (ECS), Relational Database Service (RDS), Object Storage Service (OSS), Server Load Balancer, Cloud Monitoring System, Cloud Shield and other services. Proprietary virtual private cloud (VPC) network services are being planned to meet more sophisticated user requirements.

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The Hong Kong Session Is Hosted By

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