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4 student startups from Guangdong to get funded by GF Securities & KAB

On May 16th, the results of the GF Securities & KAB College Student Micro-entrepreneurship Act 2023 were released on the Wushan campus of South China University of Technology. A total of 1.2 million yuan was granted to fifty student startup projects, including four from universities in Guangdong.

Projects to be funded were announced on stage

The act was organized by the KAB Club (China), directed by China Youth Daily and the GF Securities Social Charity Foundation, with the aim of supporting small-sized student businesses in the fields of scientific and technological innovation, rural vitalization, and sustainable development. Zhou Xitai, Director of the GF Securities Social Charity Foundation, stated in a keynote speech on May 16 that GF Securities would continue to leverage its capital market resources to create investor matching platforms for student startups.

Students and guests in the event

In 2023, the act saw widespread involvement, with more than 1,000 projects submitted by 262 universities. Fifty projects stood out to receive financial funding, including four from universities in Guangdong. Among the recipients was a team of international students from Guangzhou University of Chinese Medicine (GZUCM), whose project focused on creating jobs in rural areas by transforming villages into wellness resorts.

"The KAB Club at GZUCM is active in reaching cooperation from all sides to serve the GBA. This year, the team to get funded is from the College of International Education at our university, whose project shows their willingness to undertake social responsibility," the student leader of KAB Club at GZUCM said in a speech at the meeting.

On the afternoon of May 16, experts, students, and media from across China gathered on the campus of South China University of Technology to witness the boost injected into young entrepreneurship in China. "We believe that marketing and publicity are crucial to the long-term development of our project. We will use the fund for marketing campaigns to promote traditional wax painting products. So, this really means a lot to our project," Lyu Hongjin, a student from Shanghai, told GDToday.

Reporter | Chen Siyuan

Editor | Nan, James

Photos provided to GDToday

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