Virtualtech Frontier (VTF) received a prestigious invitation to the 11th Chaoyang International Talent Entrepreneurship Conference (ITEC) in Beijing.
Among 2,258 project teams from 73 countries and regions, VTF's metaverse project, Mitoworld.io, stood out, securing a spot in the ITEC 2023 Global Entrepreneurship Competition finals after rigorous evaluation rounds.
The event, held in Beijing's Chaoyang District, a renowned innovation and entrepreneurship hub, culminated in an award ceremony on 27th January 2024. VTF emerged as a finalist, clinching an esteemed spot in the Award of Excellence category.
The journey to this achievement was filled with captivating pitches and presentations before esteemed judges and venture capitalists.
Jason Low, CEO of Virtualtech Frontier, expressed his excitement, stating, "Our journey in the ITEC 2023 Entrepreneurship Competition has been exhilarating. Standing on stage in Beijing to receive the award is a testament to the dedication and innovative spirit of the entire VTF team. We are grateful for the opportunity to showcase Mitoworld on the global stage, expanding our operations and enhancing our competitive edge in one of the world's most advanced tech markets."
The Chinese government's commitment to nurturing high-quality development through talent-led strategies offers a strategic opportunity for VTF's overseas expansion. With robust support from the Beijing government, VTF aims to explore expansion to China within the Chaoyang District, tapping into the vibrant market and contributing to high-quality development initiatives alongside China's dynamic talent pool.