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Our “Youth on Youth” Carnival will be held on 8th Oct! We have invited more than 19 young and aspiring social entrepreneurs to join our Carnival and showcase their latest ideas and products. Come and join us!
13 STARS-graded startups will be showcasing their innovations in front of a house of investors, industrialists, venture capitalists as well as press. Demo Day has also invited seasoned industrialists and investors to share their profound insights on “The Impact of PropTech in Future City and Living” and “How Corporates Can Step Into the ESG Compliance”.
After waves of pandemic along with ongoing geo-political turbulences, the venture and start-up market have taken a new shape and sentiment, ready to relaunch with strategic resilience to capitalise more effectively on the opportunities arising from the recovery. While start-ups are keeping up with the challenges both locally and globally, how can these entrepreneurs become stronger? CVCF 2022 will look into investors’ focus and priorities, and how start-ups realign their future road map, seek out innovation breakthrough, leverage institutional/ policy initiatives and explore bigger markets like GBA/Asia to aspire for future success.
Innovator Farm (IF Program) is a platform aimed at incubating young people's innovative ideas and helping them achieve their dreams. We hope to create an ecosystem of youth social innovation that nurtures infinite possibilities.Innovator Farm also provides a co-working space as a gathering point for different young social entrepreneurs to learn and grow together.For more information and to register, please refer to the Chinese version or visit their website.
Explore a world of cutting-edge smart city solutions and ICT applications across all sectors at the HKTDC International ICT Expo. Register now and discover next-gen strategies that provide a clear path towards brighter, smarter cities of tomorrow.
Since Meta (formerly known as Facebook) announced the development of “Metaverse”, the public is no longer unfamiliar with the term. But what exactly is Metaverse and what makes it so fascinating? Some say the Metaverse represents infinite potential, while others think it's just a propaganda trick. This Lunch & Learn session will introduce the Metaverse and explore how individual users, industries and brands can participate in the Metaverse's growth journey. ．What is Metaverse, Web 2.0 and Web 3.0?．Who is involved in Metaverse?．How to make the most out of Metaverse?．Advice to industries & brands who are interested in participating in the Metaverse
Small and medium enterprises (SMEs) are the bedrock of Hong Kong’s economy, accounting for more than 98% of enterprises and employing about 45% of the private sector workforce in the city. With a view to strengthening support for SMEs to attain prosperity and success, the Trade and Industry Department consolidated the services of the existing four SMEs centres to provide one-stop "Four-in-One" integrated services for SMEs to obtain information and services at any of the Centres and launched a web portal called "SME Link" for SMEs to access comprehensive information and support services from a single online platform. Access comprehensive information from a single online platformSME Link features links to latest information on the SME support services provided by the four SME Centres and various Government bureaux and departments. Support and Consultation Centre for Small and Medium Enterprises (SUCCESS) SUCCESS under the Trade and Industry Department in collaboration with various industrial and trade organisations, professional bodies, private enterprises and other Government departments to provide SMEs with business information and consultation services free of charge. "Meet-the-Advisors" Business Advisory Services (BAS) provided by SUCCESS that makes arrangements for SME encountering problems relating to the starting and running of a business to consult experts for their professional advice on 25 advisory areas, including setting up business, marketing, legal and accounting matters. SME Centre SME Centre under the Hong Kong Trade Development Council (HKTDC) offers a comprehensive business library, meeting areas, function rooms and business support services. In association with various partner organisations, including industry organisations, chambers of commerce and Consulates in Hong Kong, the HKTDC provides a free business advisory service for SMEs to capitalise on trade-related business opportunities.The HKTDC Transformation Sandbox (T-box) is a SME support programme that helps SMEs enhance business competitiveness and achieve transformation goals in the areas of branding, e-commerce, manufacturing and supply chain solutions and new markets. Dedicated T-box staff will work with SMEs to identify goals and provide support over a three-month period, with group and individualised services, including advisory services, workshops, government-funding information, market knowledge and networking opportunities. The programme is offered free of charge and is open to all companies registered in Hong Kong. SME One SME One under the Hong Kong Productivity Council strives to facilitate local SMEs and startups to sustain their businesses’ competitiveness by providing to startups and inventors various supports, timely assistance and comprehensive information on market insights, technology transformation and government funding schemes, through its Inno Space and InnoPreneur Network. Assistance provided includes Meet with New Faces, eClinics, Seminars/Workshops/Study Missions and O2O Platform to showcase Tech and Business Solutions. TecONE TecONE under the Hong Kong Science and Technology Parks Corporation (HKSTP) provides detailed information on various funding schemes and indepth advisory services (in particular technology-related programmes under the funding schemes of HKSTP or the HKSAR Government), including professional guidance on the application of the funding schemes. Other topical contentInformation and services under the cluster "Support for SMEs" of the SME Link are categorised by subjects under a customer-oriented approach, comprising "Government Funding Schemes", "Non-financial Assistance", "Startups", "Mainland Market" and "Overseas Markets", facilitating SMEs to search for useful information and services in a more systematic way.
To celebrate the 25th anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR), Invest Hong Kong will hold the Investment Promotion Week on 17-21 October, 2022 to promote the investment and business opportunities in Hong Kong. In this week-long hybrid event, Government officials and distinguished speakers from various sectors, including financial and professional services, innovation and technology industries, lifestyle and creative industries, startups and businesses in the Greater Bay Area, will share their insights and experience.
“Maker in China” SME Innovation and Entrepreneurship Global Contest 2022 – Hong Kong Chapter will be held in Hong Kong on August 19. This annual state level innovation and entrepreneurship contest is organized by China Centre for Promotion of SME Development, Ministry of Industry and Information Technology of the People’s Republic of China, Office of the Government Chief Information Officer, the Government of the Hong Kong Special Administrative Region (HKSAR) of the People’s Republic of China, Department of Youth Affairs, Liaison Office of the Central People’s Government in the HKSAR, China International Cooperation Association of SMEs and co-organized by Cyberport, Angel Investment Foundation and Chamber of Commerce of Guangzhou Industrial Parks. The event is also one of the celebration events of the 25th Anniversary of the establishment of the HKSAR, which is highly valued by the Central Government and Hong Kong Government. The aim of the contest is to promote the connections between innovative technology and enterprises, the innovation and technology projects and industrial parks, market-oriented operations and government policies, and to assist industries in collaborative innovation and industrial upgrading. Through the participation in the contest, one could be exposed to investors and enterprises in Hong Kong and the Mainland, explore unlimited business opportunities in the Greater Bay Area and integrate into the overall national development. The contest call for projects in 10 fields of science and technology, including: Fintech Artificial Intelligence & Big Data Internet of Things Digital Entertainment & eSports Software Smart Living, Mobility & Healthcare Biomedicine & Biotechnology New Generation Information Technology New Energy, Energy Saving & Environmental Protection Industrial Internet & Advanced Manufacturing New Materials Application is open from 1 June to 8 July 2022. For further details on the contest and application method, please visit the official website. Result of “Maker in China” Contest 2021 Hong Kong Chapter Champion : An Energy-free and Low-cost Daytime Passive Radiative Cooling Paint for Energy Saving in Buildings and Decarbonization 1st Runner up: MAD Gaze Smart Glasses 2nd Runner up: Functional Hyaluronic Acid and Innovative Microneedle with wide applications in medicine and cosmetics
Start-up Express is Hong Kong Trade Development Council (HKTDC)'s highly curated start-up development programme that targets start-ups offering innovative and tech products or solutions, as well as with strong desire to enter the international market. Through a series of capability building, mentoring sessions, marketing activities, extensive publicity, and pitching opportunities, the programme aims to assist local start-ups in building connection, exploring markets, seeking business and funding partners, and enhancing brand awareness. Target Participants Start-ups with less than 5 years of establishment; Start-ups raising less than US$10 million in funding; Start-ups with core or substantial operations in Hong Kong; Tech start-ups focusing on one of these aspects:o FinTecho GreenTecho HealthTecho PropTecho RetailTecho SmartCity Registration is open from today till 4 May 2022. For further details on the programme and registration method, please visit the official website. Click here to view the results of the previous edition.
“Incubators" & "Accelerators” Definition: Supply chain refers to various units involved in the production and sales procedures, including raw material suppliers, producers, distributors, retailers and end consumers. More information: With funding from the Innovation and Technology Fund, the Government of the Hong Kong Special Administrative Region founded the Logistics and Supply Chain MultiTech R&D Centre (LSCM) in 2006. Since its inception, LSCM’s mission has been to foster the development of core competencies in logistics and supply chain related technologies in Hong Kong, and to facilitate the adoption of these technologies by industries in Hong Kong as well as Mainland China. Please visit https://www.lscm.hk/ for further information. Source: Talent.gov.hk, LSCM The “Inno-dictionary” series aims to facilitate startup newbies to understand the jargons related to entrepreneurship as well as innovation and technology.
“Incubators" & "Accelerators” Definition: Incubators are organisations which help startups to overcome business challenges and achieve stable development by providing various assistance including mentoring and co-working spaces. Accelerators refer to programmes that aim at assisting startups to achieve rapid business growth. They would usually provide assistance such as funding support and workshops to help startups to connect with large enterprises and attract investments. More information: According to InvestHK’s 2021 Startup Survey, the total number of locations of co-working spaces, incubators and accelerators has doubled from 62 in 2017 to 124 in 2021 despite the challenges brought by the epidemic. For more information on incubation and acceleration programmes, please visit Startmeup.hk. Source: Talent.gov.hk, Startmeup.hk The “Inno-dictionary” series aims to facilitate startup newbies to understand the jargons related to entrepreneurship as well as innovation and technology.
According to the 2021 Startup Survey released by Invest Hong Kong, Hong Kong's startup ecosystem remains vibrant despite the ongoing economic challenges of the global pandemic. Let’s go through the survey results. 1. Record high in the total number of startups The overall number of startups in the city reached a record high of 3,755, up 68% over 2017. 2. Number of employees recruited by startups bounced back The number of staff hired by startups in 2021 surged 29% to 13,804 persons, despite a year-on-year drop of 14% was recorded in 2020. 3. Continuous growth in locations of co-working spaces/incubators/accelerators Since 2017, the number of co-working spaces/incubators/accelerators has doubled, up from 62 to 124 in 2021. 4. Increase in non-local talents In 2021, the percentage of non-local startup founders has increased 2% to 28%. 20.5% of them were from Mainland China. 5. Most startups are engaged in the financial technology sector The financial technology sector ranks the top in terms of number of startups in 2021 with 472 such companies. The continued rise of digital behaviour has also fuelled specific startup growth in sectors such as the e-commerce and supply chain & logistics technology sector, in which the number of startups companies in the sector has increased from 385 in 2020 to 432 in 2021. Interested in starting your own business in one of the fast-growing industries? Here below are some useful resources: Startup How-Tos: How to prepare for my entrepreneurship? Startup How-Tos: Three pillars of e-commerce Reference: Invest Hong Kong’s 2021 Startup Survey