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Youth Entrepreneurship Series: Cos&Play Studio – a cosplay workshop

Youth Entrepreneurship Series: Cos&Play Studio – a cosplay workshop

“There is a chance if you try and none if you don’t.” Mickey is a cosplay lover. He noticed that the cosplay culture lacked popularity in Hong Kong and decided to start a business in the field. With the support from his family, he founded the “Cos&Play Studio” to organise regular programmes and activities on cosplay costumes and props making. The Studio also provides a space for networking and workshop rental. Mickey believes that it is essential for an entrepreneur to have faith and step forward to realise one’s dream without hesitation. Let’s watch the video below to learn more about Mickey’s entrepreneurial story. (The video is broadcasted in Cantonese)   The project is launched with the support from The Hong Kong Federation of Youth Groups “Youth Business Hong Kong” scheme. The scheme provides financial and other practical supports to young people to attain their goals. Please visit the official website for more details on application.
Social Entrepreneur Series – Scents of cultural inclusion [Job Training and Opportunities]

Social Entrepreneur Series – Scents of cultural inclusion [Job Training and Opportunities]

Social Entrepreneur – Max Cheng (left) and Johnny Lo (right)   Max has a lifelong affinity with incense. He had seen his family burning incense in religious rituals since he was a child. In his teenage years, he produced art pieces with incense sticks. He majored in visual arts at university and used incense in his final year project. Inspired by a professor, he went on to launch his own hand-made incense brand. Initially, he focused on making traditional incense sticks but the business was lagging. Prompted by his girlfriend, he started to use cookie-cutters to make incense of different shapes such as leaves and flowers. Sales soon picked up. The success encouraged Max to explore new possibilities. He visited different places in search of new ingredients and more sophisticated skills. By adding different scents and spices to hand-made incense sticks, Max created beautiful yet practical items for daily use. As his career took off, Max wanted to contribute more to society. He partnered with Johnny to set up the social enterprise Lin Heung House. The two founders provide training in incense making and job opportunities of workshop assistants for young and adult women of diverse race. While earning an additional income, the women can also showcase their talent and boost their self-confidence. Yet there are obstacles in recruitment. Some are reluctant to show their faces in public due to religious or family reasons. So Max assigns them to work in different supporting roles. Max believes many women of diverse race in Hong Kong are talented and capable. Some are good at henna painting, others making spiced tea and weaving. Yet, they lack opportunities to shine. Max says he is not offering assistance but collaborating with people of diverse race by drawing on their expertise.   Innovative Venture – Lin Heung House – Connecting the Community with Scent The innovative venture mentioned above is funded by the Social Innovation and Entrepreneurship Development Fund and assisted and supported by the Fund’s intermediaries in project implementation.  The details of the innovative venture are as follows: Name of Organisation: Lin Heung House Service nature: Job training and opportunities Beneficiary group: People of diverse race Project type: Prototype Intermediary Programme: Good Seed What is Social Entrepreneur Series? Stories of how other social entrepreneurs aspired to start their own business might facilitate your social innovation and entrepreneurship exploration. A series of social entrepreneur stories will be featured and categorised into six sub-series: Education and Learning, Job Training and Opportunities, Community Participation, Healthcare, Food and Transport.  What you are going to read are stories of social entrepreneurs taking forward the startup projects that help themselves and others.
Social Entrepreneur Series - Spread colours through painting by youth [Job Training and Opportunities]

Social Entrepreneur Series - Spread colours through painting by youth [Job Training and Opportunities]

Years ago, Cecilia Ho was a painter who indulged in her creative work and seldom interacted with others.  Things changed after an occasion of voluntary mural painting work for elderly and a task of curating a community visual art exhibition. She realised that art is more than a solitary act of creation. It can also go into the community to connect with people and spread happiness… Social Entrepreneur - Cecilia Ho Cecilia then initiated innovative ventures “Art Muraler” and “Bling”, which bring young people, including the unemployed or rehabilitated, to various communities to decorate homes for the elderly and spread joy with colour. Cecilia is most impressed when she sees how these youngsters reach out to the community and show compassion and care as they collaborate with the disadvantaged. They remain cheerful and energetic after a day of mural painting under the sun while finding confidence and satisfaction from art. Youth find their self-worth in art.   Innovative Venture - Art Muraler / Bling The innovative venture mentioned above is funded by the Social Innovation and Entrepreneurship Development Fund and assisted and supported by the Fund’s intermediaries in project implementation.  The details of the innovative venture are as follows: Name of Organisation: 2Bliss Studio Limited Service nature: Job Training and Opportunities Beneficiary group: Children and Youth Project type: Prototype / Start-up Intermediary Programme: Impact Incubator   The Community Participation story "South Asian sport that connects" introduced the social entrepreneurs who promote a popular South Asian sport to help break language barriers and facilitate cultural exchange. Read on and find out more! What is Social Entrepreneur Series? Stories of how other social entrepreneurs aspired to start their own business might facilitate your social innovation and entrepreneurship exploration. A series of social entrepreneur stories will be featured and categorised into six sub-series: Education and Learning, Job Training and Opportunities, Community Participation, Healthcare, Food and Transport.  What you are going to read are stories of social entrepreneurs taking forward the startup projects that help themselves and others.
Startup Howtos: How to protect your business with Intellectual Property? (I)

Startup Howtos: How to protect your business with Intellectual Property? (I)

Do you know how to protect your startup ideas from copycats with intellectual property (IP)? We will share with you information on IP and trademark in this article, and more on registered designs, patents, copyright and trade secrets in the next article.   Q: What is IP and how do I protect it? A: 'IP' or 'intellectual property' is (a term that describes) a range of rights in different aspects of your business and your products. The most common IP rights are trade secrets (undisclosed commercial information), copyright, registered designs, patents and trademarks.   Q: What is a trademark? A: A trademark is a sign that distinguishes the goods and services of one trader from those of others. Typically a trademark can be words (including personal names), indications, designs, letters, characters, numerals, figurative elements, colours, sounds, smells, the shape of the goods or their packaging or any combination of these. A sign must be capable of being represented graphically in order for it to be registered as a trademark.   Q: Do you Know the Differences among Company Registration, Business Registration and Trademark Registration? A: A company name registration at the Companies Registry or a business name registered with the Business Registration Office is not the same as a trademark registration at the Trade Marks Registry. A business or company name registration is not an indication of trademark rights. Having registered a company name with the Companies Registry or a business name with the Business Registration Office, you are still required to apply for registration of your trademarks with the Trade Marks Registry. Only the registered trademark owner has an exclusive right to use the trademark in relation to the goods and services in the Hong Kong SAR for which the mark is registered.   Watch the video below to learn more about the effective use of registered trademarks in maximising brand values. (Available in Chinese only)   Source: Intellectual Property Department “Startup How-tos” is an introductory guidebook written for entrepreneurship newbies, providing startup tips and related public services information.
Startup Howtos: How to protect your business with Intellectual Property? (II)

Startup Howtos: How to protect your business with Intellectual Property? (II)

The article “Startup Howtos: Do entrepreneurs need to pay attention to IP? (I)” has gathered information on IP and trademark for protecting your own business and products. Go ahead to check out more information on registered designs, patents, copyright, trade secrets and unleash your brand value!    Q: What is a registered design? A: The individual designs of a wide range of products, for example computers, telephones, textiles, jewellery and watches, can be protected by registration of their designs. A registered design owner has the right to prevent others from manufacturing, importing, selling or hiring the registered design product. Registered design protection is renewable for a maximum of 25 years.   Q: What are patents? A: Patents protect inventions, that is products, substances, or processes which are new and inventive. Patent owners have the right to prevent others from manufacturing, using, selling, or importing the invention. There are two types of patents in the Hong Kong SAR. Protection under standard patents is renewable for a maximum of 20 years. Protection under short-term patents is renewable for a maximum term of eight years.   Q: What is copyright? A: In general, copyright is the right given to the owner of an original work. This right can subsist in literary works, musical works, dramatic works, artistic works, sound recordings, films, broadcasts, cable programmes and the typographical arrangement of published editions of literary, dramatic or musical works, as well as performers' performances. Copyright works made available on the Internet environment are also protected. It is not necessary to register a copyright in the Hong Kong SAR, in order to get protection under the law of the Hong Kong SAR.    Q: What is Trade Secrets and undisclosed Commercial Information? A: Trade secrets and undisclosed commercial information are confidential information in a commercial setting, such as formulaes, methods, technologies, designs, product specifications, business plans and client lists, that have commercial value.   Watch the two videos below to learn more about how to explore business opportunities through licensing and patent commercialisation. (Videos are available in Chinese only)     Source: Intellectual Property Department “Startup How-tos” is an introductory guidebook written for entrepreneurship newbies, providing startup tips and related public services information.

Start a Company

Startup How-Tos: Incorporation of Local Limited Company DIY

Startup How-Tos: Incorporation of Local Limited Company DIY

You would never miss to set up a “body” to house your innovative business ideas.  The very first baby step to grow your business is definitely to incorporate a company.  To start a business in Hong Kong, you may first consider your preferred scale, sector and ownership mode of business and choose a suitable form of business entity.  There are many companies offering comprehensive company registration service.  However, you can also save cost by filing the registration yourself.  Start it up easily with a 1-2-3!   1 |   Think Twice the Type and Name of Company  The liability of every member of a company limited by shares differs from that of a company limited by guarantee.  Company members should well understand their liability in a company and choose the type of company that suits them the best.   Before choosing a company name, you should go through the Guideline on Registration of Company Names for Hong Kong Companies for the point to note and conduct a company name search through Cyber Search Centre service provided by the Companies Registry to avoid using a name used by another company, which may render your application being rejected.  Another search in the Trademark Register maintained by the Intellectual Property Department should also be conducted to prevent infringement of intellectual property rights.  2 |   Get Ready for Application After reaching a consensus, you should get ready the signed incorporation form, a copy of the company's articles of association and a Notice to Business Registration Office.  Bring along the application fee (HK$1,720) and correct business registration fee and levy to the shroff on the 14th floor of the Queensway Government Offices for lodging the application. The Companies Registry also accepts application through their electronic filing service, the e-Registry. Founding members and directors should register as individual users to sign the e-incorporation form with their digital certificate or password and submit thereafter. 3 |   Get the Certificate and Kick Off! You will receive a notification to download or collect the Certificate of Incorporation and Business Registration Certificate if your application is approved, meaning that you have already incorporated your new company.  If you have filed electronic application, certificates in electronic form will normally be issued within 1 hour via email. For applicant who filed hard copy application, certificates in hard copy form will normally be issued within 4 working days and the presentor will be notified by fax or other means.   If you wish to obtain more information about incorporation of local limited company, you may refer to the website of Companies Registry. Setting up a new company is just the beginning of building your business.  To get away from any violation of laws, you are always reminded to spend time on studying the roles and duties of a member or a director of the company.  You should also apply for licences relevant to your business operations.  It is no bed of roses managing a company!  “Startup How-tos” is an introductory guidebook written for entrepreneurship newbies, providing startup tips and related public services information.
Startup How-Tos: What licences do I need for starting a business?

Startup How-Tos: What licences do I need for starting a business?

Application for various licences is one of the essential preparations for starting a new business. See the information below of some basic licences required: 1. Registration of a New Company A new company is required to complete its company registration at the Companies Registry and obtain a Certificate of Incorporation. The legal liability varies among different types of companies. For example, a limited company must comply with the various provisions in the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) which include the timely disclosure and reporting of specified information about the company, its officers and shareholders, etc. and any changes in such information to the Registrar of Companies so that members of the public can have ready access to the latest information of the company kept by the Registrar of Companies. It simply takes three steps and HK$1720 to register a new company. You may choose to submit you application either electronically through our "e-Registry" or by delivering the documents in hard copy to the CR with the correct fees. Please refer to the website of Companies Registry or Incorporation of a Local Limited Company for further information. 2. Business Registration The Business Registration Ordinance requires every person who carries on a business in Hong Kong to apply for business registration within 1 month from the date of commencement of the business, and to display a valid Business Registration Certificate at the place of business. Under the one-stop company and business registration service, you will be deemed to have made a business registration application at the same time you deliver an application for incorporation of a local company or an application for registration of a non-Hong Kong company. The Companies Registry will issue the Certificate of Incorporation (or the Certificate of Registration of Non-Hong Kong Company) and the Business Registration Certificate in one go if the application is successful. Other businesses have to register with the Inland Revenue Department within one month of business commencement. Check out the website of Inland Revenue Department for further information and fees on Businesses Registration. 3. Particular Business Licence You may need particular licences, permits, certificates and approvals from the Government to start your business operations at individual fields in Hong Kong, for example catering, construction and finance. You may try the Business Licence Information Service to acquire online the kinds of licences you need to operate your business. If you have already made a licence application, you can make use of the Licence Application Tracking Facility to check the application status online. GovHK also provides access to detailed information regarding restaurant licensing, telecommunications licences, environmental permits and licences, etc.   Source: Companies Registry, Inland Revenue Department, Business Licence Information Service, Licence Application Tracking Facility, GovHK   “Startup How-tos” is an introductory guidebook written for entrepreneurship newbies, providing startup tips and related public services information.
Start From Zero

Start From Zero

Startup Business is one of the hottest ongoing trends in the present day as most freshly graduated students want to get a hand on running their own businesses. The main reason behind this rising trend is that startup companies are fairly easy to open and operate. All that is needed for starting a new business is a business idea and some knowledge about the market. Once you have those, with the right guidance and knowledge, your business can prosper and flourish in the long run. Moreover, the Government and a lot of other organisations are constantly promoting the trend of startups. Some look to provide financial aids while others look for providing knowledge or work spaces. The main reason behind this is that the startup trend is very beneficial to the business environment of Hong Kong as it allows the market to retain its high competitiveness with a steady inflow of new innovations and innovators. Check these links out to figure out on how to get started: Setting up a company | Government Funding Scheme | Business in China | Law Issues | MPF Issues | Government Electronic Trading Services (GETS) | Information Technology | Intellectual Property | Product Testing | ISO Accreditation
Startup How-Tos: How to prepare for my entrepreneurship?

Startup How-Tos: How to prepare for my entrepreneurship?

Wondering how to implement your ideas and start your own business? Follow the five steps below and be prepared for your entrepreneurship journey now! 1. Set Products and TargetsProspective entrepreneurs can try to observe and get information from daily life or the Internet to establish product/service and set their goals. Entrepreneurs also need to determine the business direction based on market conditions. Read the stories of our “Social Entrepreneur Series” and be inspired! 2. Assess economic and financial conditionsBefore you start a business, you can assess your own financial ability and feasibility of the business by "Budget Analysis Worksheet for Starting up Business". In addition, various types of funding schemes are provided by the Government to support young entrepreneurs. Try to look up the funding scheme that suits you best with our Funding Schemes Finder!  3. Develop a business planA detailed business plan can provide clear information to form business concepts and operation plans. It can also be used to raise funds or apply for related venture funding. For more tips on writing a business plan, please refer to the Business Start-up Information Service provided by SUCCESS. 4. Conduct market research and investigationMarket research and investigation can be divided into product/service, sales, marketing, promotion and other parts. Entrepreneurs who are interested can define survey questions and objectives first, formulate research plans, collect information for analysis and finally summarize and write research reports to obtain more marketing information. Please refer to the article “Market Information” for further information. 5. Establish good psychological flexibility In the process of starting a business, you may encounter different levels of psychological stress and difficulties, such as time and money constraints. Therefore, it is important to be highly flexible and develop a quality mindset. Entrepreneurs can accommodate themselves to situation changes by learning and experimenting new things, while learning to be patient and courageous to embrace challenges and to bear the pressure and risk.   Source: Life Planning Information of Education Bureau, SUCCESS “Startup How-tos” is an introductory guidebook written for entrepreneurship newbies, providing startup tips and related public services information.

Startup Capital

[Social Innovation] SIE Fund's new batch of intermediaries to provide support for social entrepreneurs

[Social Innovation] SIE Fund's new batch of intermediaries to provide support for social entrepreneurs

The Social Innovation and Entrepreneurship Development Fund (SIE Fund) has appointed four organisations as the third batch of intermediaries in 2023 to run a new round of innovative programmes to provide support for more social entrepreneurs. By promoting social innovation and entrepreneurship, it enables more social entrepreneurs to address social needs through innovative ideas, products and services, and assists the Government in formulating targeted poverty alleviation initiatives. The four intermediaries appointed are Fullness Social Enterprises Society Ltd, the Hong Kong Council of Social Service, MakerBay Foundation Limited and Oxfam Hong Kong.The four intermediaries are knowledgeable and experienced organisations in the social innovation field. They aim to nurture and support social innovators and organisations to develop innovative projects with diversity and impact through the following innovative programmes. Individuals and organisations with innovative ideas in addressing poverty issues and wish to seek financial support to implement innovative projects may learn more by clicking the below logos and approach the intermediaries running innovative programmes directly and submit applications under their funding schemes. Wish to compare the four innovative programmes in one go? Do not miss the Programme at a glance, a clear comparison table highlighting the eligibility, amount of grant and uniquite features of the prorgammes. Innovator Farm Impact Incubator Impact Innovation Lab Grant for Good  What is Social Innovation? What are Social Entrepreneurs? Click here to view the story《6 Fun Facts about Social Innovation》and know more!
Startup How-Tos: Three steps to estimate startup capital

Startup How-Tos: Three steps to estimate startup capital

One of the key factors of starting a business is capital. A detailed budget provides clarity to the capital needed, rate of return and payback period which would benefit your business planning. Let’s follow the steps below to plan your budget!   1st step: list out carefully the items required for entering and operating a business in the target industry, including company registration, rental cost of the store or office, interior renovation, operation facilities, raw materials, staff and liquidity etc.2nd step: estimate the cost and price of the required items. You may refer to the value of relevant consultants and persons with experience, or the relevant Market and Industry Profiles published by Hong Kong Trade Development Council (HKTDC).3rd step: You may utilise the Budget Analysis Worksheet for Starting up Business provided by Support and Consultation Centre for SMEs (SUCCESS) to estimate the initial capital required, the relation between turnover and profitability, payback period, assets and liabilities; and factors that may affect financial position. (e.g. turnover, rent, profit margin, expenditures, inventory and credit period, etc.)   Calculation of return and payback period  Usually the rate of return and payback period will be calculated before investing for a business. Simply speaking, you may calculate with the net profit per month:   If net profit per month = $20,000Total investment = $300,000Rate of return = net profit x 12 / total investment      = $20,000 x 12/300,000      = 80%Payback period = 1/80%      = 1.25 years   Note: The net profit of an enterprise may generally be lower during opening period and reach the expected profit after a period of time. Thus the actual payback period may be longer than the calculation result. There are a wide variety of sources of financing such as personal savings, capitalising and loans. You may look up the funding scheme that suits you best with our Funding Schemes Finder, or check out more information on funding from Innovation, Technology and Industry Bureau, Brand Development and Promotion of the Trade and Industry Department, and the Hong Kong Productivity Council.   Source: SUCCESS, GovHK, Youth Employment Start, HKTDC SME Centre, HKPC SME ReachOut “Startup How-tos” is an introductory guidebook written for entrepreneurship newbies, providing startup tips and related public services information.
[We Venture] How to apply a startup funding of up to HK$600,000

[We Venture] How to apply a startup funding of up to HK$600,000

Wish to start your own business?  The Youth Development Commission has rolled out the “Funding Scheme for Youth Entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA)” under the “Youth Development Fund”, which aims at providing a capital subsidy of up to HK$600,000, as well as entrepreneurial support and incubation services that befit the needs of young people who are about to start their businesses in Hong Kong and Mainland GBA cities. Read the following easy guide to learn more details of the scheme.   Eligibility criteria#: Youth aged between 18 and 40 Hong Kong permanent resident Start-ups that have not been in operation or have been in operation for not more than 3 years Business registration in Hong Kong Having a planned/established business in Hong Kong and/or Mainland GBA cities (start-ups may set up their business in Mainland GBA cities and/or in Hong Kong)#Individual NGOs may prescribe additional application conditions. Please refer to the project details of the relevant NGOs.     Funding Amount: Each start-up may receive a capital subsidy of up to HK$600,000     Entrepreneurial support and incubation services*: Assistance for settling entrepreneurial bases in Hong Kong and Mainland GBA cities Entrepreneurial guidance and business know-how Professional consultation services Business networking Market and supply chain development services Concessionary and facilitative measures for youth start-ups in various cities*Each youth entrepreneurship project lasts for a maximum of 3 years     Application Method: A total of 16 non-governmental organisations (NGOs) are funded under the scheme to implement youth entrepreneurship projects. Individual funded NGOs may further prescribe additional requirements for applicants (such as business nature, affiliation with the institutions, etc.). Interested applicants may refer to the We Venture website.  

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AIESEC Startup Challenge: Pitching Tips

AIESEC Startup Challenge: Pitching Tips

Team Tech-kle, 1st runner up of the Outlier CSV Challenge 2021 Online learning has become a new normal amid the COVID-19, yet the visually impaired (VI) community has been overlooked. Tech-kle, the 1st runner up team of the Outlier CSV Challenge 2021, assisted VI students in online learning by revamping the existing screen reader designs with three additional features: real-time controls, review logs, and smart filtering. Invite the judges to close their eyes before starting the pitch... Yannes Kwok and Anson Chan, team members of Tech-kle, shared some tips for pitching in the video. For example, at the beginning of their presentation, they invited the judges to close their eyes to immerse themselves in the problems faced by the VI students. Watch the interview video below for more tips on pitching from Tech-kle! Early this year, AIESEC, an international student organisation, has held the Outlier CSV Challenge 2021 with the support from the Social Innovation and Entrepreneurship Development Fund (SIE Fund). Students from different tertiary institutions worked in teams to hack profitable yet socially impactful business models to tackle social issues in Hong Kong. We have interviewed with the three winning teams of the Outlier CSV Challenge to understand how they won the cash prizes and internship opportunities with creativity!
Social Entrepreneur Series - South Asian sport that connects [Community Participation]

Social Entrepreneur Series - South Asian sport that connects [Community Participation]

The language barrier may hinder communication between different ethnic groups.  Is there a way to communicate without using language? Social Entrepreneur - Wyman Tang (left) and Yuk Kwong Lo (right) Wyman Tang, an adjunct assistant professor in Anthropology, came up with a way of communication using “Kabaddi” the popular South Asian sport. He partnered with Yuk-kwong Lo, a secondary school teacher, to co-found Kabaddi United Hong Kong, aiming to promote cultural inclusion among young people with the sport. They organise experiential activities at schools and in the community while providing training for young people of diverse race to be assistant coaches and ambassadors. In the world of Kabaddi, people cheer and laugh as one regardless of ethnic backgrounds. Sports can break language barriers and connect people from different backgrounds and ethnic groups.   Innovative Venture - Kabaddi HK - Multicultural Integrated Action The innovative venture mentioned above is funded by the Social Innovation and Entrepreneurship Development Fund and assisted and supported by the Fund’s intermediaries in project implementation.  The details of the innovative venture are as follows: Service nature: Community Participation Beneficiary group: People of diverse race Project type: Prototype Intermediary Programme: Impact Incubator   Cultures exchange and interact in countless ways. Another Community Participation story "Companions in an inclusive community" will introduce the social entrepreneurs who organise community tours to help people of diverse race integrate into the community and build confidence. Read on and find out more! What is Social Entrepreneur Series? Stories of how other social entrepreneurs aspired to start their own business might facilitate your social innovation and entrepreneurship exploration. A series of social entrepreneur stories will be featured and categorised into six sub-series: Education and Learning, Job Training and Opportunities, Community Participation, Healthcare, Diet and Transport.  What you are going to read are stories of social entrepreneurs taking forward the startup projects that help themselves and others.
Entrepreneurial Athletes: “Stars to Shine” Mentorship Programme

Entrepreneurial Athletes: “Stars to Shine” Mentorship Programme

Siobhán Bernadette Haughey made a history by winning two silver medals at the Tokyo Olympic Games. Yet there are other Hong Kong swimmers, like Vivian Lee, who have also won a silver medal in a competition. Lee is an Asian Games Silver Medallist in Swimming. She founded the ActionHouse International Limited, a sports PR and event management firm, in 2005 after retired as an athlete and has managed over 300 international and major local events as well as press functions. She was invited to join as a mentor of the “Stars to Shine” Mentorship Programme launched by the Hong Kong Athletes Career & Education Programme under the Sports Federation & Olympic Committee of Hong Kong, China. The programme aims at providing newly retired athletes guidance in developing their second career. “Every person, they are very unique, they have different strengths and weaknesses. And in each industry, the requirements are different. I would highly recommend them to take some opportunities, to really take up some internships or short-term contracts to explore what they really like.” said Lee. Watch the below video for the sharing of Vivian Lee and another mentor – former badminton player Amy Chan. Source: news.gov.hk
Youth Entrepreneurship Series: Bosco, founder of WEDO GLOBAL

Youth Entrepreneurship Series: Bosco, founder of WEDO GLOBAL

“Build your business inch by inch if you have an idea.” Bosco, founder of WEDO GLOBAL notices that the difference in languages and skin colours have resulted in misconceptions of other ethnic groups. This motivates him to become an advocate of cultural inclusion. WEDO GLOBAL aims at promoting cultural diversity by training people of diverse race as community tour guides and organises cultural tours, workshops as well as overseas cultural expeditions. Amid the COVID-19 epidemic, WEDO GLOBAL has set up an additional “We Mask Action” programme which engages women of diverse race in designing and producing face masks with the aim to increase their income and promote cultural inclusion. Bosco appreciates the Hong Kong Federation of Youth Groups for providing a network and promotional platform for reaching the youth. Let’s watch the video below to learn more about Bosco’s entrepreneurial story. (The video is broadcasted in Cantonese) >>Related Story: Social Entrepreneur Series - Companions in an inclusive community [Community Participation]<<   Innovative Venture - WE MASK Action The innovative venture mentioned above is funded by the Social Innovation and Entrepreneurship Development Fund and assisted and supported by the Fund’s intermediaries in project implementation.  The details of the innovative venture are as follows: Name of Organisation: WEDO GLOBAL Service nature: Healthcare Beneficiary group: People of diverse race Project type: Prototype Intermediary Programme: Impact Incubator The project is launched with the support from The Hong Kong Federation of Youth Groups “Youth Business Hong Kong” scheme. The scheme provides financial and other practical supports to young people to attain their goals. Please visit the official website for more details on application.
Social Entrepreneur Series – Teach for all, Teach4HK [Education and Learning]

Social Entrepreneur Series – Teach for all, Teach4HK [Education and Learning]

Social Entrepreneur – Arnold Chan What makes Arnold Chan, a straight-A top student, quit his million-dollar job in an investment bank and change career path to starting a social enterprise to help children from grassroots families? It is the belief of "education changes destiny". After joining a brief summer stint in Beijing, Arnold was overwhelmed by the innovative idea of enlisting university graduates to serve in schools with underprivileged students. The fellow teachers can learn from the uncommon experience while the students are given role models to follow and be motivated to realise their full potential. Arnold then teamed up with a group of enthusiastic and passionate young leaders to set up Teach4HK, following the model of Teach for America. Teach4HK offers a 1-year fellowship programme to university graduates who will serve full-time in schools. While the children will directly benefit, Arnold hopes that a greater impact can be attained when the fellow teachers, with experience in teaching, will take education into account to make a difference whatever their future career will be.   Innovative Venture – Teach4HK The innovative venture mentioned above is funded by the Social Innovation and Entrepreneurship Development Fund and assisted and supported by the Fund’s intermediaries in project implementation.  The details of the innovative venture are as follows: Name of Organisation: Teach for Hong Kong Foundation Limited Service nature: Education and Learning Beneficiary group: Children and Youth Project type: Start-up Intermediary Programme: Impact Incubator What is Social Entrepreneur Series? Stories of how other social entrepreneurs aspired to start their own business might facilitate your social innovation and entrepreneurship exploration. A series of social entrepreneur stories will be featured and categorised into six sub-series: Education and Learning, Job Training and Opportunities, Community Participation, Healthcare, Food and Transport.  What you are going to read are stories of social entrepreneurs taking forward the startup projects that help themselves and others.
Youth Entrepreneurship Series: Samson, Co-founder of Gradient Brewery

Youth Entrepreneurship Series: Samson, Co-founder of Gradient Brewery

“Start your own business at younger ages if you are passionate about it.” Gradient Brewery is a local craft beer brand which has a retail store in Sai Yun Pun. It also supplies craft beers to local restaurants and retail stores. Samson, co-founder of Gradient Brewery, is the brewer and the marketer of the brand. He had planned to develop overseas markets when he founded the Brewery. Nevertheless, the business sales plunged due to COVID-19 and there was insufficient cash flow for expansion. Samson and other co-founders had little time to rest, not to mention a halt in their income for more than half a year. Yet, with confidence, perseverance and funding support, Gradient Brewery has overcome its challenges. Let’s watch the video below to learn more about Samson’s entrepreneurial story. (The video is broadcasted in Cantonese)   The project is launched with the support from The Hong Kong Federation of Youth Groups “Youth Business Hong Kong” scheme. The scheme provides financial and other practical supports to young people to attain their goals. Please visit the official website for more details on application.
Youth Development Fund
iAM Smart
Last Update Date: 30 Aug 2023