Monday, June 15, 2009

World's largest entrepreneurial competition




China is leading the way. India already has something similar but it has yet to mobilize the same number of people. Imagine if there was a Pan Asia competition. That would include over a third of the world's population. From PSFK:
Broadcast on China’s CCTV national television, “Win in China” (赢在中国) is the world’s largest and most lucrative business plan competition. With over $5 million in prize money, the TV show pits 120,000 entrepreneurs competing to win $1.5 million dollars to invest in the winner’s business plan.

The documentary, produced by Robert Compton, follows the TV show of the same name and features entrepreneur celebrities such as Jack Ma, founder of Alibaba Group and Chairman of China Yahoo, who served as Head Judge and Liu Chuanzhi, founder of computer giant Lenovo.

CCTV host sums up the role played by entrepreneurs in China: “Today, entrepreneurs are the biggest heroes in our society.”

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