The first problem is the fact that the MB is manufactured by PCchips. While it may be low cost, it is also low quality and I absolutely refused to use them for my customers.
Make sure your power supply is good first, then remove everything but the memory, CPU and CPU fan and try the boot. If you still have no post, then you probably have a bad MB. Sometimes the PCchips boards have problems with some memory, but you will not know that unless you have another system to test it.