HKSTP Lunch & Learn named “The Startup Scene in Hong Kong” was
presented by Incubation Team on 26 Jul
2017. They would
like to introduce Hong Kong’s Startup Ecosystem to us. Some backgrounds of Hong Kong were briefed
such as Hong Kong tops the list of freest economics, World’s Most Competitive
Economy (IMD), World’s Freest Market for the 22nd Consecutive Year
(Heritage Fundation), 2nd in Global FDI Inflows (UNCTAD), etc.
Total number of startups
was 1926 in 2016 and increased 24% compared with 2015. We had 72% of startup related to applying
technology and 28% related to innovation concept or business model. Most of them were both B2B and B2C
(52%). Others were B2B only (32%) and
B2C only (16%).
Moreover, there were 48
co-working spaces in Hong Kong. Science
Park had three co-working spaces named Incu-App, Lionrock 72 and Soft Landing
Centre. We had built good startup
community with other co-working spaces.
Nevertheless, we arranged different startup events included Elevator Pitch
Competition, StartmeUp HK Festival, Entrepreneur Day, etc.
Hong Kong government
provided different funding support startup for their R&D such as Enterprise
Support Scheme (ESS), Technology Start-up Support Scheme for Universities
(TSSSU), Patent Application Grant (PAG), Technology Voucher Programme (TVP),
and other SME funding, etc.
Incubation Team provided
different services for startup in Hong Kong included TechnoPreneur Partnership
(TPP), Soft Landing Centre, Global Acceleration Academy (GAA), Incubation
Programmes, Angel Investment/VC Partnership/Corporate Venture Fund (CVF), and
Leading Enterprises Acceleration Programmes (LEAP).
Finally, Incubation
Programmes support details were briefed.
Reference:
HKSTP - http://www.hkstp.org
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