Starting in 2015, Harvard China Forum has been featuring Harvard China Pitch, a competition that enables entrepreneurs interested in the Chinese market to showcase their business plans and raise funds through the conference. The competition also helps investors, working as judges, discover new investment opportunities and share their opinions on new trends in entrepreneurship.
In 2016, more than 200 business plans were submitted to HCP. Eight teams entered the final round, which featured a lineup of investors including Sheng Xitai (Founder of AngelPlus), Xu Xiaoping (Founder of ZhenFund), Andrew Y. Yan (Managing Partner of SAIF Partners), Li Feng (Founding Partner of FreeS Fund), Long Yu (Founding and Managing Partner of Bertelsmann Asia Investments), Harry Man (Founding Partner of Matrix Partners China), Qu Tian (Partner of BAT Capital), Yuan Yue (Chairman of Dataway Horizon), Xiong Minghua (Founder of 7 Seas Partners), Yang Shoubin (Founder of Fenghou Capital), and Yuan Shuai (Partner at Atom Ventures).
The winner of the 2015 Harvard China Pitch, BrainCo, has raised $540 million in investment. Xtalpi, a cloud-based technology company that provides computational crystal structure prediction for small-molecule drugs, won the 2016 pitch, and has raised over $5 million from investors including Tencent.
1st Place $60,000 + tickets to HCF 2018
2nd Place $30,000 + tickets to HCF 2018
3rd Place $10,000 + tickets to HCF 2018
On top of the cash prizes, judges and investors from the audience may choose to directly invest in finalist teams. On April 22, Harvard China Forum will host an attendee mixer where finalist teams will be provided with booths to present their projects to hundreds of Harvard China Forum attendees.
What Harvard China Pitch offers to startups is first and foremost its global influence. The XtalPi team is very grateful to have been given the opportunity to present our idea at the competition. We received invaluable feedbacks from top-notch investors, which are very helpful to the development of our company in the future. After the Forum we were promptly invested by HCP judges ZhenFund and FreeS. Organizers of the Forum were extremely thoughtful throughout the process, from arranging rehearsals before, coordinating media coverage at, to organizing recruiting events after the competition.
— Frank Wen, Founder and CEO of XtalPi (Winner of Harvard China Pitch 2016