The 3rd Charity Venture Capital Investment Competition (CVCIC) is to be held on Jun.6.

According to the press conference held yesterday afternoon in the office building of Zhongshan Municipal Party Committee, the 3rd Charity Venture Capital Investment Competition (CVCIC) is about to begin and the solicitation will close by the end of July.

Compared with the first two competitions, the seed capital has increased from 3 million to 4.6 million and a single item can apply for seed capital as high as 80,000 yuan this year.

The first two competitions received wide acclaims and based on the seed capital of 4.68 million yuan, have crowdfunded 26 million yuan to facilitate the implementation of 230 projects and serve more than 200,000 people.