HICOOL Global Entrepreneur Summit and Entrepreneurship Competition was established in 2020. Based on the principles of "Association-led, market-oriented, social participation, and government support", authorized by Beijing Talent Work Bureau, Beijing Overseas Talents Association is the organizer of the competition. HICOOL invites outstanding startups from all over the world to participate and attracts global entrepreneurial elites to develop in Beijing HICOOL is committed to being entrepreneur-centric and has created a "6 in 1" ecological system that includes the "Competition" for talent selection, " Service Manager " for providing comprehensive service, "Business College " for acceleration, "Industrial Park " for landing, "Fund" for empowerment, and "Digital Platform" for connection. It has attracted a total of 24,000 startups and 32,000 talents from 145 countries and regions around the world. Among them, 5,215 talents graduated from top 30 universities in QS World University Rankings, including world-renowned universities such as MIT, University of Cambridge and Harvard University. There are 9,084 foreign talents, accounting for more than one quarter. There are 15,400 overseas startups accounting for about 64%. A total of 720 award-winning startups have emerged from the five competitions, resulting in 16 unicorn companies and 127 SRDI enterprises. The new financing amount for the award-winning startups after the competition exceeds 45 billion CNY.