Sidelights on China General Aviation Innovation and Entrepreneurship Competition

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The "2019 China General Aviation Innovation and Entrepreneurship Competition" has officially kicked off on May 6.  which Co-sponsored by China Aviation Industry Corporation Ltd., Qingdao Municipal People's Government, and combined the famous universities, research institutes and well-known investment institutions. According to the organizer, this year's competition will further improve the schedule system on the basis of last year, launching a 200 million-scale contest " Venture Capital Fund", screening and selecing works according to the new classification and grouping mechanism, and greatly increasing the incentives for outstanding projects. Supporting and strengthening the four requirements of “Industry Leading, Financial Empowerment, Reality, and Dare”, we will focus on achieving the new goal of “Industry Leading Success, Financial Empowerment, Effective Results, and Excellent Quality Recognition”.

Undoubtedly, this event has a great momentum and a lot of enthusiasm. The awards are second to none in the country. Therefore, it has become a hot topic in the aviation industry, universities and enterprises in the aviation industry chain. Currently the competition is being registered, shouldn't you participate in this competition? What can the contest bring to the contestants? What is the difference between this competition platform and other platforms? Presumably many people care about these issues. Facts speak louder than words, time proves everything. Recently, the reporter interviewed several participating teams in the previous competition to see what they said.

The most correct decision

Participant: Green Design Joint Team

Entries: Research and application of conductive composite design technology

Awards: First Prize (500,000 bonus)

Participants said:

We won the first first prize of the first China General Aviation Innovation and Entrepreneurship Competition, and received the bonus of 500,000 yuan fro the organizing committee of the competition. Not only did the aviation industry look at it, but also the superior organs of the joint team were shocked and produced very Widespread social impact. After the game, we established a new research entity, and the key technologies were further matured through the support of the competition platform. Under the promotion of the new entity, our lightning-electromagnetic protection technology has been verified and demonstrated in typical parts of domestic civil aircraft. Through the promotion of the competition, this year we have received new orders for military and civilian products for lightning protection and electromagnetic protection, and have received support from national projects. This year will not only achieve a simultaneous breakthrough in economic benefits and social benefits, but may even achieve a bumper harvest beyond imagination!

After the competition, the project team has enriched the negotiation skills with investors while expanding the social impact. Through several rounds of contact, mutual integration, and excellent selecion, we have basically locked in the strategic investors. As the core technology continues to mature and the patent chain continues to be complete, negotiations with investors are about to enter the final stage.

Looking back on 2018, participating in the 2018 China General Aviation Innovation and Entrepreneurship Competition is the most correct decision we made. Through the competition, the project team has truly realized the simultaneous growth of technology, business skills and cooperation mode, which has become a rare achievement for each of us. Life experience. If we are successful in business, this experience will be the origin of the company, recorded in the prominent position of the historical wall.

One game, one sublimation

Participant: Beijing Yuandao Aviation Technology Co., Ltd.

Entry: Yuandao Virtual Navigation Operator

Awards: Second Prize (300,000 yuan)

Participants said:

We originally participated in the first China General Aviation Innovation and Entrepreneurship Competition with a try. We didn't think we could stop if we invested, and finally won the second prize, and we received the bonus of 300,000 yuan fro the organizing committee. The competition is not only a PK between teams or projects, but also a competition with oneself. In each round of competition, we summarize, polish and upgrade our products and business models. In the review of the judges, they constantly found their own shortcomings and constantly refined their business models. In our opinion, the game is more like a business diagnosis, a business reflection. After a few rounds, our business model is clearer and our business direction is clearer. The three-month competition was like a retreat, and the company and the team got a great sublimation.

The high recognition of the judges has strengthened our confidence in going. Through the competition, Yuandao Airlines' business model has been further optimized and opened up a new market. At the same time, the professionalism and popularity of the competition have helped us to expand the social impact of these start-ups to a certain extent, so that we can get more development. opportunity.

Since the second prize of the competition in December 2018, Yuandao Airlines has made rapid progress in business development, and the market has continued to develop. The operating income has doubled. On the basis of the stable Yunnan market, we have completed the layout in many provinces and cities in the west. At the beginning of 2019, the Civil Aviation Investment Fund became a strategic partner of Yuandao Airlines, and Yuandao Airlines ushered in a new era of development.

Industry leads to benefit private enterprises

Participant: Shandong Feiao Aviation Engine Co., Ltd.

Entry project: Qitong one unmanned aerial vehicle engine

Awards: Third Prize (100,000 yuan)

Participants said:

In August 2018, our company signed up for the first China General Aviation Innovation and Entrepreneurship Competition, which coincided with the successful development of our first hybrid drone engine and started small batch production. After the preliminary and rematch, we finally entered the final and won the competition. After the award, I received a bonus of 100,000 yuan from the organizing committee. From the sea elections, preliminary competitions, rematches and finals, the competition was well organized and organized, and the guarantees were in place. We have gained a lot in the competition: the new products have also received more people's attention, the company has been more widely recognized, we have met many entrepreneurs, learn from each other, communicate with each other, especially to get well-known aviation experts on the spot. Careful guidance and advice from the investment community are even more precious.


The biggest benefit for private companies like ours is their “industry leading” role. This platform is a “double innovation” selecion platform initiated by the aviation industry group. The aviation industry group is the “national team” and “main force” in the field of aviation technology. "Army" has unparalleled technical advantages, professional advantages and talent advantages. These advantages are reflected in the competition platform, which has formed a leading role in the direction of the wind direction, allowing us to benefit fro these low-profile small and medium-sized private enterprises. many. After the contest, the organizing committee also organized excellent teams to visit and exchange with Chengdu Aircraft Company and AVIC UAV System Co., Ltd., which gave us an eye-opener and a deeper impression of the organizer’s “serving national strategy. It highlights the industry's leading, strengthens technical cooperation, and gathers the hard work of cutting-edge fields.

The contest helped us solve our urgent needs.

Participant: Shandong Haifu Photonics Technology Co., Ltd.

Entries: Key Technology Innovation and Industrialization of Advanced Fiber Lasers

Awards: Top 10 contests

Participants said:

We are a high-tech company specializing in the development and production of advanced fiber lasers. Founded in 2012. We adhere to the road of independent innovation, and have broken through the difficulties from core materials to key components. We have mastered the full chain technology from independent research and development to industrial system integration, and developed more than 30 types of fiber lasers in 5 categories. The products have reached the world advanced level, and most of the products are in the stage of industrialization. At the same time, we also encountered the development bottleneck of “funding difficulties”.

At this critical moment, Haifu Photonics was fortunate to be associated with the first China General Aviation Innovation and Entrepreneurship Competition. What people didn't expect was that through the competition, Haifu Photon ushered in a turning point: we not only got better results, but also got good publicity, and we received further attention and support from Shandong Province and Weihai City. It was the investment of 50 million yuan from China Aviation Trust Co., Ltd., the organizer of the competition. This 50 million yuan is like the rain in the middle of the long drought, and it has solved our urgent needs.

We started to contact with AVIC Trust at the end of last year. After experiencing adjustments, contract negotiations, signing contracts, and making money, we spent a total of half a year. This fully demonstrates the efficiency of AVIC Trust and allows us to feel the platform of the competition. The style is not empty, the drow is not group.

We not only found the "money", but also found the "door" through the competition. Our products and technologies have broad application space in the aerospace field, but due to institutional reasons, it is quite difficult for a private enterprise to enter the defense industry. The organizing committee of the competition helped us to develop a series of development plans for entering the aviation field and realizing aviation to serve the country. Our "Aviation Dream" is about to come true!

Sharing platform, there is much to be

Participant: China Aviation Materials Group General Aviation Service Co., Ltd.

Entry: General Aviation Aviation Material Sharing System

Awards: Top 20 contests

Participants said:

The contest has benefited us a lot. Not only did we get the guidance and advice of the experts, but also the professional research spirit and practical style of other players. We have seen the latest research results in the field of general aviation in China, so that we can see our own shortcomings. Further understanding of the future development direction and growth space.

China's general aviation field has many types of aircraft, small fleet size, and high cost of aviation materials. Therefore, it is of great practical significance for the same type of users to report the group's heating and mutual assistance. As a service-guaranteed enterprise, we explored the establishment of a general aviation aviation material sharing platform, hoping to solve the bottleneck problem that restricts the development of a large number of small and medium-sized enterprises through business model innovation. In essence, the aviation material sharing system is a form of sharing economy. The market needs a material sharing system, and the market is waiting for the establishment of a space sharing platform.

After the last contest, the project received further support from the leaders of the Aviation Materials Group, and it was highly recognized by the aviation industry. The research team has also completed a lot of painstaking and meticulous work, and determined the partners of the aviation material sharing software system, and the domestic part. The navigation company signed a strategic cooperation and aviation material sharing agreement, and is currently conducting data collection and data online trial operation. It is planned to be released at the Tianjin Helicopter Expo in October this year.

The good project comes from a good organization model. The idea of “combination of industry and finance and capital assistance” is quite unique. It solves the problem of financing and industrial docking for excellent projects that enter the rapid growth period. This kind of competition will definitely lead to more outstanding entrepreneurs and help more excellent projects to go to the market.

A game may change the fate of a business. According to the reporter's follow-up, the "2018 China General Aviation Innovation and Entrepreneurship Competition" has indeed changed the fate of many participating teams to varying degrees. The fate of countless enterprises is the fate of an industry. The glorious era of China's aviation industry begins with the glory of the enterprise.

Journalists have been thinking about such a question, why can a game change the fate of a company in such a short period of time? The China General Aviation Innovation and Entrepreneurship Competition features “the integration of the industry national team and the empowerment of the capital consortium”. The change in the fate of the participating teams or companies is mainly due to the results of this “two-wheel drive”.

In this way, the reporter hopes that there will be more outstanding teams and excellent projects, and will continue to show their popularity in the "2019 China General Aviation Innovation and Entrepreneurship Competition".

 
 

 
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