Washington DC is United States’ Capital City and also America’s center of politics, cultures, economy and education. Five of the ten wealthiest American counties reside within the metropolitan area which hosts all Federal government agencies, the largest communication company assuming 70% of the total communication volume in the US, famous Fannie Mae, Freddie Mac and many other Fortune 500 corporations, as well as numerous R&D centers and new venture incubators. As modern technology development evolves into an interdisciplinary and inter-regional era, the competitive advantage of the Greater Washington Metropolitan Area has emerged. Under this circumstance, International University Innovation Alliance (IUIA) is leading and organizing the ever-first Innovation Forum & Startup Competition in Washington DC.

International University Innovation Alliance (IUIA) is the first consortium to bring the research and technologies together from the world's top research universities for China market. A consortium of major research universities from around the world that will work together to engage with Chinese universities, enterprises, think tanks, and research parks/high tech zones to facilitate the development & commercialization of technology for application in China and abroad. It is expected after 3 years there will be 100+ universities joining the alliance and the IUIA will realize its financing plan. IUIA will become the first global innovation organization across different industries and locations. It is anticipated by Year 5, there will be approximately 1000 universities from across the globe participating in the International University Innovation Alliance. IUIA, as the first consortium to bring the research and technologies together from the world’s top research universities for China market, will create unique opportunity to leverage the globalization efforts of top tier universities to engage beyond traditional student and faculty exchanges. It will integrate the opportunities with local talent with top notch expertise from the world. The level of total financial support to develop the International University Innovation Alliance is unprecedented.

This innovation event will have two major parts: Innovation & Entrepreneurship Forum and Startup Competition, with the purpose of cultivating the startup environment in Washington DC and facilitating the direct contacts between new entrepreneurs and investors in order to promote the globalization of technologies. Government leaders from the states of Maryland, Virginia and the District of Columbia will come to the event to deliver important speech. DC metro incubators such as MTech from the University of Maryland, Center of Innovation Technology from Virginia, and 1776 from DC will come to congratulate the event. The final startup projects will be presented in the event as well. There are some investors who are going to present the event.