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 provides a platform for investors, working as professional judges, to learn about youth entrepreneurship and explore the trend of investment. In the past two years, Harvard China Pitch has received a total of more than 700 business plans. The judges come from top investment agencies from China, including Li Feng (Founding Partner of FreeS Fund), Long Yu (Founding and Managing Partner of Bertelsmann Asia Investments), Pan Shiyi (Chairman of SOHO China), Sheng Xitai (Founder of AngelPlus), Hans Tung (Managing Partner of GGV Capital), Harry Man (Founding Partner of Matrix Partners China), Xu Xiaoping (Founder of ZhenFund), Andrew Y. Yan (Managing Partner of SAIF Partners), Yang Shoubin (Founder of Fenghou Capital), Yuan Yue (Chairman of Dataway Horizon), Zhang Shoucheng (Founding Chairman of Danhua Capital), and David Chao (Co-Founder of DCM Ventures).
Xtalpi, a cloud-based technology company that provides computational crystal structure prediction for small-molecule drugs, won the 2016 pitch, and has received investments from investment agencies including ZhenFund, FreeS Fund, and Tencent. BrainCo, a company focused on developing brain technology products, won the 2015 pitch, and has raised $5.4 million in investment as of June 2016.
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)