On December 10, at the fifth Zhongguancun IC Industry Forum of “Chip Innovation in Beijing” and at the opening ceremony of the final of the fourth “Huawei Cup” China Graduates’ Chip Innovation Competition, a relevant person in charge revealed that Beijing planned to build the phase II of ZGC IC Design Park.

The 2^nd phase of ZGC IC Design Park will meet the international leading standard, further improve its professional service capability, to attract more domestic and foreign excellent enterprises and entrepreneurial teams to settle in the park.

The 4^th China Graduates’ Chip Innovation Competition also began on the same day. The competition, which has been successfully held for three times so far, aims to serve the national IC industry development strategy, improve the innovative and practical ability of graduate students, and promote the cultivation of outstanding talents in the field of IC.

The competition has a theme of “take on the mission to practice innovation”. A total of 499 teams from 110 universities across the country signed up for the competition, with a record number of 1,439 students and 602 tutors. 

As the organizer of the competition, IC PARK prepared service packages for the winning teams, i.e. “Chip Star Programme” and “RISC-V Business Plan Programme”. Relying on IC PARK”s IC industry, those service packages provide better services for IC start-up teams and the winning team members of this competition, to promote the transformation of innovation achievements and the winning teams’ innovation and entrepreneurship.

The “Chip Star Programme” provides the winning teams with: free office space for 3-6 months; priority to be included in the “stock option pool” and an opportunity to get ￥1-5 million investment; free entrepreneurship counseling and policy consulting and other free services; free technology services like EDA, IP and MPW. The members of winning teams have priority to enjoy the talent policy of Beijing.

“RISC-V Business Plan Programme” is an entrepreneurial service package worth 300,000 yuan for teams and start-ups participating in RISC-V related competitions, including: free office space for one year with a service butler; one-year free training on RISC-V processors, IP core authorization and technical support, and etc.