Jack Ma, founder of China's largest online shopping platform Alibaba, is starting a second round of courses on entrepreneurship for 40 business people in March at Hupan University.

Jack Ma, founder of China's largest online shopping platform Alibaba, speaks at the Hupan University. [Photo: qq.com]

Located in Hangzhou City, east China's Zhejiang Province, the university was established last year by Jack Ma, and co-founded by seven other well-established entrepreneurs and distinguished scholars. The non-profit college was created to foster China's next generation of top entrepreneurs.

Applicants need to have at least three years' experience of being the CEO of their own businesses; employ a team of more than 30 people; and have been recommended by three referees, drawn from Hupan's trustees, sponsors or alumni.

Entrepreneurs including Fok Kai-man, Vice-president of Fok Ying Tung Group and grandchild of the Hong Kong tycoon Henry Fok, and Jared Psigoda, co-founder and CEO at Reality Squared Games, who will be the first foreign student at Jack Ma's class, have already been selected out of 1800 aspiring applicants.

Many of the students already play a leading role in their own fields, such as the internet, real estate, manufacturing, the entertainment industry, and high-tech business.

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