BioSciKin, a China life science incubator, has started a US-China competition for novel startups. The competition will visit eight cities in the US and China. At each stop, ten entrepreneurs have the opportunity to present their business plans to the audience and a panel of experts. Each winner receives $30,000 and the top two startups from each city are invited to Shanghai, where they will present their stories to investors. So far, BioSciKin has staged events in Boston and Palo Alto. BioSciKin operates life science incubators in Nanking, Shanghai and Tianjin.