The launch of CIDAUK 8th China UK Entrepreneurship Competition was held successfully on 17th March at the head office of the China-Britain Business Council in London. Started in 2006, this competition represents an opportunity for young people in both the UK and China to turn their innovative ideas into businesses. Besides the £10，000 cash as the price offered by the competition, up to £500,000 total investment will be assessed to the top 3 teams of the 8th competition, as well as free working space in Incubator between the technology and the finance centres of London. In addition, there will be yet more opportunities for selected teams to acquire investment from other venture capitalists and angel investors.