Post on 20-Mar-2017
V.2
HONG KONGSTARTUP ECOSYSTEM TOOLBOX
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W Hub is an online platform where startups make meaningful connections to develop their business. W Hubs mission is to support the community with 3 pillars:
Community Discovery: Connections to events, conferences, startups and influencers
Jobs and Talent:Job-seeking professionals listed on the platform, looking to make the leap into startups
Investor Connections: An offline resource to connect startups ready for growth to the W Hub investor pool
STARTUPS TALENTS
JOBS/MONTH
1,100+ 2,000+
175+
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The following report aims to share insights into the startup ecosystem in Hong Kong. It is based on external information, our observations and opinions. It is not exhaustive and cannot be considered as such. We do not receive financial incentives from the organisations, startups, companies or individuals listed in the report.
The report has been prepared in good faith and with no intention to promote or diminish certain organisations, startups, companies or individuals in particular.
We see this report as a tool to raise awareness and help educate external observers about who and what makes up the startup ecosystem in Hong Kong.
We offer our sincerest apologies if any offence is taken, and we will review any feedback sent to hello@whub.io
DISCLAIMER
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Introduction to the Hong Kong Startup Ecosystem
Startups in Hong Kong
Community Builders
Government Support & Universities
Incubator & Accelerator Programs
Competitions & Events
Talents Corner
Co-working Spaces
Venture Capital
Resources
References
CONTENTS
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1INTRODUCTION TO THEHK STARTUP ECOSYSTEM
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
After 155 years of British rule, the sovereignty of Hong Kong was transferred back to China in 1997. Yet Hong Kong remains some what independent from the mainland.
As with Macau, Hong Kong is a part of China, but operates as a Special Administrative Region (S.A.R.). Both regions retain their own capitalist economies, while the rest of China uses the socialist system. Each of the three regions is able to have their own currency, legal, economic and political systems, including foreign policies.
One Country, Two Systems
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMOverview
Sources:http://www.censtatd.gov.hk/home/index.jsphttp://blog.compass.co/hong-kong/
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GDPUS $307.3B
(2015)
CapitalUS $42,000
Growth180 times
between 1961 to 1997.
IMF ranks HK 17th globally
Labour Force3,940,800 (2/2016- 4/2016)
Unemployment Rate3.3% (2015)
Retail Sales Growth+ 2.8% (Q2 2016)
Population7,324,300 (End-2015) 1M fewer people than New York
Startup Ecosystem ValueUS$2.8 - 3.5 Billion (2015) $
*
* HK ranks 17th in terms of GDP per Capita
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As one of the worlds leading international financial centres, Hong Kongs service-oriented economy is characterised by its low taxation, almost free port trade and well established international financial market, built on a long history of trade and commerce.
Hong Kong is ranked first as the freest economy in the world. Starting a business is easy and safe.
Startups are defined by disruption and growth. Hong Kong is uniquely positioned to allow fast and high scalability. Products can be tested quickly by its hyper-connected population. The proximity to the Pearl River provides easy access to manufacturing and supply facilities. The potential opportunity to supply half of the worlds population can also add impressive growth power.
INTRODUCTION TO THE HK STARTUP ECOSYSTEM
About Hong Kong
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Easy and safe
Ultra-connectedpopulation
Technologicalinfrastructure
Rapidlygrowing ecosystem
Close to China: manufacturing hub
Why Choose Hong Kong?
A diverse ecosystem
Close to China: One Belt One Road
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMWhy Choose Hong Kong?Easy & Safe
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#1MOST COMPETITIVECITY TO DO BUSINESS
FOR PROTECTINGMINORITY INVESTORS
FREEST ECONOMY
#3LEAST CORRUPTEDECONOMY IN ASIA
#4SIMPLEST TAX SYSTEMIN THE WORLD
#5FASTEST GROWINGSTARTUP ECOSYSTEM
EASIEST PLACE TO DO BUSINESS
#7PLACE FOR OVERALL
#8EASIEST CITY TOSTART A BUSINESS
#15 IN PATENT APPLICATION16/129 ECONOMIES IN THE MOST SECURE
IP PROTECTION
BEST BUSINESS CITYIN THE WORLD
BEST CITY FORBUSINESS EVENTS
GLOBAL COMPETITIVENESS
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMWhy Choose Hong Kong?Ultra Connected Population
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#1MOST CONNECTEDPLACE GLOBALLY
FOR INTERNET SPEED:105 MB/s (2016)
IN NETWORKREADINESS INDEXIN ASIA
Internet Speed
Social Network
#2FASTEST AVERAGEPEAK INTERNETCONNECTION SPEED101. MB/s
4.65MACTIVE INTERNETUSERS
64%TOTAL POPULATIONACTIVE SOCIAL MEDIAUSERS
96%SMARTPHONE USERSBROWSE INTERNETDAILY
4.4M USERS
1M USERS
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMWhy Choose Hong Kong?Ultra Connected Population
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17,000+FREE WIFI HOTSPOTSACROSS THE CITY
> WILL INCREASE TO34,000 WITHIN NEXT3 YEARS
Internet
~US $3.5BE-COMMERCE MARKET SIZE
$535AVERAGE ANNUALSPENDING ONLINE PER USER
96%OF POPULATIONACTIVELY BROWSE~30 MINS DAILY
Mobile
#1SMARTPHONE PENETRATION IN ASIA
#12LARGEST APP MARKETIN THE WORLD
230%MOBILE PENETRATIONRATE
16.6MMOBILE SUBSCRIBERS
62%ANDRIOD USERS
23%IOS USERS
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMWhy Choose Hong Kong?Technological Infrastructure
RELATED GLOBAL RANKINGS:
#1FIXED TELEPHONE TARIFFS/LOCAL CALLS
#1 IN THE WORLD
MOBILE PHONESUBSCRIBERS PER1,000 INHABITANTS
INTERNETBANDWIDTH
13MMOBILE SUBSCRIBERS
#2MOBILE PHONECOSTS/LOCAL CALLS
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1 INTRODUCTION TO HK STARTUP ECOSYSTEMWhy Choose Hong Kong?Close to China: Manufacturing Hub
- Close to Shenzhen: 15 minutes from Kowloon to Shenzhen.
- Close to the Pearl River Delta: the manufacturing hub of China and the world.
- The mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) enables easier access to the mainland markets for Hong Kong-made products and Hong Kong-based service companies.
- Foreign investors can partner with a certified Hong Kong Service Supplier to form wholly-owned enterprises in the mainland to carry out various types of ICT services.
- *Hong Kong was the sixth largest source of technology imports for the Chinese mainland in terms of contract value (2.6% of the total).
*According to 2014 figures from the Ministry of Science and Technology
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMWhy Choose Hong Kong?Close to China: One Belt One Road
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Belt and Road Development (One Belt One Road)
When? In autumn 2013, president of the PRC, Xi Jinping, announced the One Belt, One Road (OBOR) initiative.
Who had the idea? Xi Jinpings ambitious strategic initiative explained how Hong Kong can seize a key role in the initiative.
Who is involved now?
4.4 billion people63% of worlds population 40% of global GDP
Involves 65 countries representing a third of the worlds total economy
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1 INTRODUCTION TO HK STARTUP ECOSYSTEMWhy Choose Hong Kong?Close to China: One Belt One Road
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Raising Funds: Hong Kong has a unique competitive advantage as a fund raising hub, as it is the largest centre of offshore renminbi in the world.
Building Infrastructure: There are huge opportunities for Hong Kong firms as the city has several companies which have proven their efficiency (i.e MTR Corp).
Global Expansion: Hong Kong can develop business links with countries participating in the project.
What is the potential? Hong Kong can take up three main roles for the One Belt One Road initiative:
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMWhy Choose Hong Kong?Growing, Diverse Ecosystem
Hong Kongs startup ecosystem is very diverse in multiple aspects:
1. Benefiting from its long history in international trade, as a logistic hub and financial centre, startups are disrupting a huge variety of industries and sectors.
2. In terms of gender diversity, it is 2nd in the world for the number of female entrepreneurs (45% of entrepreneurs are women).
3. 57% of startup founders are Hong Kong citizens, while the remaining founders are foreign and mainland Chinese.
4. There are eight main industry verticals in Hong Kong. Hardware /IoT (Internet of Things) and FinTech are notable (11% and 8% respectively), however E-commerce is the dominant startup sector (25%) followed by SaaS (Software as a Service - 13%).
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMWhy Choose Hong Kong?Growing, Diverse Ecosystem
2,500+ Startups in Hong KongDistribution of Popular Startup Sectors
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8% FINTECH
10% ENTERPRISE
10% ADVERTISING
7% B2B
EDUTECH 8%
HARDWARE/IOT 11%
SOCIAL 8%
SOFTWARE 13%
25% E-COMMERCE
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMThe Entrepreneurs Voice
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People in this city are clued into global trends: people are eager to hear and try new ideas. We have fantastic support structures in Hong Kong to facilitate a startup...there is always a channel available to get help from.
- Mehdi Ferradj, Kawa
- Augustin Ceyrac, Easyship
- Vincent de Saint Exupery, LCCS
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMThe Entrepreneurs Voice
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"1. Supportive startup community 2. Diverse background3. Very open with sharing input 4. Accessibility and number of events 5. Helpful organisations".
- Anita Chan, Sam the Local
- Tania Cheung, Miss Runner
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1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMThe Entrepreneurs Voice
There is good talent in the finance sector.
- Julien Labruyere | 4xLabs
Starting a company is technically very easy in Hong Kong, as the incorporation procedures are quick and straightforward.
- Loubna Halty Ferreira | Bahia Cosmetics
Hong Kong has the best infrastructure to start a business: from registering a company; to setting up logistics to the tax-free environment, so it actually saves a lot of headaches on the operations end.
- Stephanie Poon | Zarie
The financial literacy here is stronger than in most other places in SEA so people get the value proposition of the product/service much faster.
- Stefan Bruun | CompareAsiaGroup
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The local labour market offers quality talent and if we need to look to hire someone from outside the territory, there is a standardised, straight forward process for getting talent into Hong Kong. The local laws in that aspect are made with the understanding that there is a need for quality talent immigration.
- Patrick Kosiol | Swapit
https://www.whub.io/startups/swapithttps://www.whub.io/startups/zariehttps://www.whub.io/startups/bahia-cosmeticshttps://www.whub.io/startups/4xlabshttps://www.whub.io/posts/4xlabs-solving-a-real-life-pain-from-travel-experience-to-a-business-ideahttps://www.whub.io/posts/bahia-cosmetics-from-a-family-tradition-to-a-businesshttps://www.whub.io/startups/compareasiagrouphttps://www.whub.io/posts/zarie-blending-fashion-and-tech-with-zariehttps://www.whub.io/posts/compareasiagroup-be-a-natural-touchpoint-for-most-people-fintech-feature-compareasiahttp://Whub.iohttps://www.whub.io/posts/swapit-listen-to-your-customers-make-them-happy-and-they-will-reward-you-patrick-kosiol-founder-of-swapit
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMThe Entrepreneurs Voice
The startup system in Hong Kong is great and is open to sharing and supporting new entrepreneurs.
- Nicole Denholder | Next Chapter Ventures
Hong Kong is the known to among the top financial centre of the world. Hong Kong has great infrastructure in terms of mobile, internet, power, bandwidth and people which countries like Philippines, Indonesia lack in Southeastern Asia.
- Mukesh Bubna | Monexo Innovations Limited
The diversity mixed with the density makes Hong Kong a literal concrete jungle of east-meets-west fusion. Hong Kong serves as a proving ground for startups that intend to go after the two largest internet markets in the world: China and the US.
- Vivian Peng-Williams | Hausie
There is no location within the city confines that can truly be considered remote, and everything is so convenient - this opens up a lot of opportunities for people to try something new and share something that theyre passionate about with the community.
- Vince Siu | Press Start Hong Kong
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Hong Kong is an ideal place to start up because of its complete financial institution ecosystem.
- Juwan Lee | NexChange
https://www.whub.io/startups/monexo-innovations-limitedhttps://www.whub.io/startups/next-chapter-ventureshttps://www.whub.io/posts/next-chapter-ventures-dreambig-fintech-feature-next-chapterhttps://www.whub.io/posts/monexo-innovations-limited-it-always-seems-impossible-until-it-s-done-fintech-feature-monexohttps://www.whub.io/startups/hausiehttps://www.whub.io/posts/hausie-change-the-way-people-think-about-designhttps://www.whub.io/startups/press-start-hong-konghttps://www.whub.io/posts/press-start-hong-kong-pressstarttobeginhttp://Whub.iohttps://www.whub.io/startups/nexchangehttps://www.whub.io/posts/nexchange-being-a-fintech-startup-in-hong-kong-the-good-and-the-challenge
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEMThe Entrepreneurs Voice
There are more opportunities for networking, making it easy to get in touch with successful entrepreneurs who are always enthusiastic when it comes to sharing advice.
- Amina | Mao Loves Art
Its in every Hong Kong citizens DNA to be entrepreneurial and business savvy. With a highly educated and innovative population, no one in their right mind would bet against Hong Kong being able to rise to the occasion.
- Kenneth Chan | Paperlss
It is well connected, diverse and multi-cultural.
- Pushpendra Sharma | Spacegenie
The startup ecosystem has been maturing and there are connections to China and the wider APAC region... E-commerce is just taking off in Hong Kong, so there are advantages of being an early player in the market.
- Yosha Gupta | LafaLafa
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2STARTUPS IN HONG KONG
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Currently Hong Kong has only WeLab to call its near-unicorn, however the city is capable of nurturing successful startups. There is a reliable infrastructure, access to resources (R&D, talent, money), a proximity to large pools of customers and an ambitious younger generation.
While the number of exits, amount of money raised or startup growth rate cannot prove the success of an ecosystem alone, it is important to note that Hong Kong is a place where to expect, and look for, exciting (ad)ventures!
STARTUPS IN HONG KONG
About Startups
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2 STARTUPS IN HONG KONGHong Kong Startup Founders2016: 2,500+ Startups (> +60%)2015: 1,558 Startups (+56%)* 2014: 998 Startups *As of August 2015 (Invest HK)
Age Distribution of Entrepreneurs
Local Founders of Top 50 Startups
in Hong Kong
in Singapore
57%
23%
44%
< 35 years old
Aspiring Young Entrepreneurs
~ 3/4
Common Barriers for Young Entrepreneurs
62.9% Lack funding 43.4% Fear acute competition 38.2% Face high rents
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2 STARTUPS IN HONG KONGStartups Receiving FundingStartups Receiving Funding in Comparison to Silicon Valley
NORMAL SEED SERIES A SERIES B
Hong Kong does not have a funding gap between Series A and B rounds, due to its long history of being a leading international financial centre. However there are few late-stage funding rounds which shows that the city has a lack of high potential late-stage startups to invest in.
HONG KONGSINGAPORENEW YORK CITY
100% 100% 100%
25% 25% 25%
50% 50% 50%
75% 75% 75%
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2 STARTUPS IN HONG KONGThe Unicorn
Founded in 2013, WeLab operates WeLend, a P2P lending platform in Hong Kong, and Wolaidai, a mobile lending platform in China.
WeLab has raised US$180M in 2 rounds - US$20M in January 2015 and US$160M in January 2016.
The Series B round was led by Khazanah Nasional Berhad, with participation from ING Bank and Guangdong Technology Financial Group.
WeLab
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2 STARTUPS IN HONG KONGRecent Exits/IPOPlukka
An online marketplace for unique designed jewellery. Went public on Dec 3, 2015 / ASX:PKA
Raised US$1M in 1 round of funding from Fresco Capital.
ZNAP
A mobile business platform that optimises transactions, developed by MPayMe.
Acquired by Powa Technologies in June 2014 for US$75M.
Lucibel Designs
A company specialised in LED lighting solutions for commercial, industrial and residential applications.
Strengthened net equity by 17M (around USD $19M) . Went public on Alternext Paris in July 2014.
Alive not dead
A online platform that connects artists with job opportunities and offers international networking opportunities.
Acquired by mig33 in February 2014.
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2 STARTUPS IN HONG KONGRecent Exits/IPOPacnet
A telecommunications service provider in Asia during 2008 - 2015. Sold for US$697M to Australian telecoms giant Telstra.
jobsDB
A jobs search engine in Asia.
Sold for US$206M to rival site Seek Limited in 2011.
Divide
A productivity app that synchronises work email, calendar and contacts on mobile devices.
Acquired by Google in May 2014 for US$120M.
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2 STARTUPS IN HONG KONGRecent IPO
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As of May 2015: Number of Placing Shares:
Placing Price:
Nominal Value:
448,000,000 Shares
Not more than HK$0.25 per Placing Share and not less than HK$0.21 per Placing Share
HK$0.01 per Share
Guru Online (Holdings) Limited
Founded in 2007, Guru Online (Holdings) Limited helps companies maximise marketing ROI.
Digital advertisement placement services, social media management services, creative and technology services, and internet marketing platform engagement are the four main activities of the company.
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$1M raised from 500 Startups
Klarity is an analytical engine that allows users to monitor brands and gather insights on competitors social performance.
Analytics
$1.5M in 1 round from Vectr Ventures
Lamplight Analytics is a social media intelligence platform that offers insights into online conversations, helping users understand customers and competitors better.
$53.05M in 4 rounds from 10 investors including Cowboy Ventures, Founders Fund, Madrona Venture Group, Marc Bell Ventures and New Enterprise Associates
$1.6M raised in 1 round from 4 angels
Branch is a business analytics platform that helps mobile apps grow. It focuses on developing mobile deep linking technology.
Notey is a technology and media company featuring the top stories from thousands of publishers globally.
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$1.24M in 3 rounds from 9 investors
Shopline is an e-commerce platform for creating online shopswithout having to code. It focuses on the Southeast Asia market.
E-Commerce> $6M in 4 rounds from 500 Startups, Big Blom Investment, Bluebell Group, Golden Gate Ventures, MindWorks Ventures and Alibaba Entrepreneurs Fund
Grana is an online clothing store that ships high-quality clothing globally, specialising in making affordable wardrobe essentials.
Floship is a global logistics solution, shipping goods directly form Hong Kong to customers worldwide. Floship provides e-commerce and crowdfunding fulfillment.
$1.2M in 1 round from 4 investors including aCommerce, Ardent Capital, Vectr Ventures and VPG Asia
Undisclosed amount in 1 round from Alibaba Entrepreneurs Fund
YEECHOO.com is an online designer clothing rental platform providing dresses for different occasion made by a selection of designers. They revolutionise the fashion industry and give people access to remarkable luxury experiences.
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Carousell is a community marketplace that allows users to sell and purchase all kinds of new and secondhand good with ease.
Bindo is a cloud-based iPad Point-of-Sale system with multiple customisable features for retail and restaurants.
E-Commerce
$41.8M in 3 rounds from 500 Startups, QuestVC, Sequoia Capital, Rakuten Ventures and Golden Gate Ventures
$3.8M in 2 rounds from 4 investors including East Ventures, Gary Vaynerchuk, Metamorphic Ventures and Vayner/ RSE
Swapit is a location-based trading app, which allows users to buy and sell goods near them.
Undisclosed amount in 2 rounds from Aria Ventures (March 2016)
$1.62M in 1 round from 2 Investors including Ardent Capital and Chryseis Tan
Goxip is a fashion discovery platform that allows users to find fashion items by uploading a photo and shopping suggestions from the website.
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$1M raised from HKSTP Corporate Venture Fund (CVF)
ShowMuse is a video tutorial app that allows users to keep learning outside of the classroom. ShowMuse is an incubatee of HKSTPs Incu-Tech programme for technology startups.
EduTech
Snapask is a mobile app that provides on-demand homework help for students. Users take photos of difficult questions and have answers matched or connect with tutors.
$1.8M in 2 rounds from 2 investors including Arthur Kho and SOSV.
room launched Hong Kongs first virtual reality application, using professional virtual reality photography equipment and software.
Spacious is an online real estate marketplace that connects tenants to properties in Asia. It combines superior user experience with powerful analytical tools.
Real Estate
$644K raised $3.5M in 2 rounds
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FinTech
$1.18M in 1 round from 5 investors including 500 Startups, Ceyuan Ventures, Crosspacific Capital Partners, Digital Currency Group and Lightspeed China Partners
Melotic, Inc. is a digital asset exchange which aims to be a liquidity provider to facilitate conversions between numerous digital assets.
$1.1M in 2 rounds from 7 investors including Bigcolors, Big Bloom Investment, Click Ventures, Innotech Capitals, Justin Dry, Kim Ventures and Andre Eikmeier
Oddup is a data-driven research platform that provides analysis on startups, providing new investors more information to be able to finance startups across the world.
ANXBTC.com is a 24 hours digital assets trading platform that allows users to buy and sell Bitcoin crypto-currency, simplifying the trading process.
$15M raised
$500K raised from a Japanese investment company
Gatecoin is a regulated Money Service Operator-licensed digital currency exchange that focuses on security, reliability and transparency.
$4.5M in 1 round from PGA Venture Partners
Quantifeed is a financial technology company that services financial intermediaries and institutional investors.
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$217.84K Product Crowdfunding
Omate offers hardware and software solutions, allowing fashion and jewelry brands to design wearables.
IoT/Hardware
$500K in 2 rounds from Asgard Capital
Soundbrenner has created the worlds first wearable smart device for musicians, combining its hardware products with mobile and desktop apps.
$12.65M in 2 rounds from Ping An Ventures, Venturra Capital, Capital Union Investments, 500 Startups and COENT Venture Partners
Prenetics is a DNA bio-technology company focused on providing parents a higher level of pre-natal care which is highly accurate, safe, and non-invasive.
BioTech
Undisclosed amount in 1 round from 1 investor (Jan 2015)
Vitargent is a bio-technology company providing innovative sensing solution with their FET test technology. Their toxicity screening methods can be used as alternatives to animal testing.
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$1.18M invested by Central Exchange
Storellet is a platform to facilitate shops and merchants to create and manage their loyalty systems and better leverage mobile to promote to their loyal customers.
Mobile
$2M in 2 rounds from investors including Sprout Capital and SEGNEL Ventures
CallFixie is a platform that connects businesses and households to end-to-end infrastructure maintenance and repair services.
$1.04M in 3 rounds from 4investors
SensBeat is a mobile app thatallows users to share their stories andcommunicate with their friends through music.
Bloom Me is a spa and beauty booking application that allows customers to reserve beauty treatments across the city.
$600K raised from Hong Kong and Israel-based investors
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$30M in 3 rounds from 6 investors, including MindWorks Ventures, Crystal Stream, AppWorks, Aria Group and Asia Plus
Lalamove is an online platform that connects users with professional drivers, simplifying the delivery process and revolutionising the logistics industry.
Logistics
$26.54M in 6 rounds from 9 investors including Alibaba and Centurion
GoGoVan is an mobile application that connects van and truck drivers with customers to provide a delivery service and improve logistics efficiency.
AfterShip is a shipment tracking application and API for eCommerce retailers and buyers.
$1.1M from SIG, Caldera Pacific and Gabriel Fong
OpenPort are the first neutral mobile platform for enterprise supply chain management in emerging markets, directly connecting shippers and carriers in order to reduce cost, improve performance and drive continuous supply chain optimization.
$1.0M raised
Easyship is a tech startup that provides logistics solutionsto e-commercemerchants.
undisclosed
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$6.5M in 2 rounds from 6 investors including China Growth Capital, Cyberport Hong Kong and Matrix Partners
$5.66M in 2 rounds from 3investors
Klook is a online platform thatprovides a selection of special travelexperiences for users to reserve.
HotelQuickly is a mobile applicationthat allows users to reserve hotel indiscounted rates throughout Asia Pacific.
Travelling
$3.34M in 3 rounds from Sustainable Development Technology Canada
Nanoleaf is a green technology company that focuses on transforming traditional illumination into something sustainable.
Technology
Chinese University Hong Kongs researchproject on the Vision-based IntelligentForklift AGV System, built on advanced robotic and automation technology.
$1.9M raised
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$41.25K in 2 rounds $2M in 1 round
Playto develops learning tools that helps children to learn life skills like concentration, organisation and mindfulness through playing games.
Fifth Journey is a gaming startupthat develops Hollywood games andmobile entertainment, with the latest advancements in AR and VR technologies.
Gaming
Legal (SaaS)
$1.5M in 1 round
Dragon Law offers cloud-based legal tools to help businesses get support and access to independent legal advice.
HYPEBEAST is the leading online destination for mens contemporary fashion and streetwear.
Social Media
$1.49M in 4 rounds from 4 investors including 500 Startups and Cherubic Ventures
Spottly is a social travel app that acts as a visual guide for you to discover places near and far, handpicked by the Spottly community.
$3.8M raised
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$800K from 2 investors including Triplestar Capital and Swiss Founders Fund
CaterSpot is a software and logistics company who builds an online marketplace that connects companies and local caterers.
Food & Beverage
undisclosed from Alibaba Entrepreneurs Fund
NOSH by Secret Ingredient hopes to revolutionise the delivery industry by meeting the demands of the new lifestyle consumer with speed, quality and efficiency.
$1.02M in 4 rounds from 3 Investors including Adam Lindemann, Fresco Capital and Yat Siu
Jamn develops innovations that allows users to discover and understand music, with the aim to help users improves their musical skills and knowledge.
Entertainment
> $5.3M raised from Heyi Capital, M Fund, 500 Startups and Alibaba Entrepreneurs Fund
DayDayCook is an online platform that provides recipes through different channels. It also has an e-commerce store the DayDayCook Shop.
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2 STARTUPS IN HONG KONGRising Startups
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myfairtool is a trade show solution that allows companies exhibiting at trade shows to plan and
budget their event.
Riding the 4.0 digital revolution, Steel Available is disrupting the Steel Industry
supply chain, bringing in definitive transparency,
efficiency and sustainability.
Click Kit is an online marketplace democratising the customization of
active wear and high performance apparels.
Advwhere is Asias Influencer Professional Network where users can understand more
about the myth of social influencers and share
their world of influence with passionate people
around the world.
BSD Code and Design Academy is a EduTech startup that provides
workshops, courses and programs related to web
and graphic design.
Key2Cell is a B2B startup that enables marketers
to deliver high impact ads on any mobile device. It is to mobile messages what Mailchimp is to emailing.
Made in Sense is disrupting the digital experience and the way
we consume technology by enabling apps to talk not only to your eyes and ears, but directly
to your heart via patented multi-vibration technology.
http://Whub.io
2 STARTUPS IN HONG KONGRising Startups
Whub.io
Currenxie is a P2Pforeign exchange
platform that serves asFX and international
payments forcorporates.
Skipmenu facilitates frictionless conversations between consumers and
companies bypassing annoying automated
phone menus.
Weconvene is asoftware that managesinteractions between
investors, corporates andsell side.
EONIQ is a platformfor high quality
customisedmechanical watches.
Heartisans is ahealthtech startup that
develops wearablesto track users health
condition.
uHoo is a hardwarestartup that develops
indoor air quality sensors.
Made in Genuine (Selinko) offers
advanced technology against counterfeit wines
and spirits.
http://Whub.io
2 STARTUPS IN HONG KONGRising Startups
Whub.io
Deepsky designs and manufactures seamless digital screens with sub-
millimetre pixel pitch, with tremendous contrast and high brightness capabilities, empowering clients to digitise even the
most demanding of environments.
Popmap is an online marketplace that allows users to shop from
more than 900 boutiques from over 40 countries.
Urban Spring is a mission-focused start-up that is determined to
address the plastic waste issue in Hong Kong.
Neat is an artificial intelligence company doing finance. The artificial intelligence
can establish so-called behavioral clusters based on users spending habits.
Qupital is anonline invoice trading platform. Businesses receive immediate
financing for unpaid invoices in a few clicks previously only accessible
by large institutions
http://Whub.io
2 STARTUPS IN HONG KONGSuccessful Crowdfunding Campaigns
Whub.io
US$296KAumeo Audios app provides a
personalised audio experience, tailored to the listeners hearing.
US$220KSoundbrenner has
created the worlds first wearable smart
device for musicians.
US$31KHuzi puts a new perspective
into everyday objects by combining functionality and
artistic sensibility.
US$215+KKello is a smart alarm clock that offers users a variety of programs aimed at changing your sleep habits incrementally. US$160K
EzeeCube is an open source, Apple TV-like, entirely wireless device
that automatically syncs and sorts photos, videos and contacts.
US$95KMuku Shuttr is a bluetooth
remote camera control.
US$115KAmbi Climate provides
a smart add-on for your home and business air
http://Whub.io
2 STARTUPS IN HONG KONGCrowdfunding in Hong Kong
Whub.io
Indiegogo is a donation-based crowdfundingplatform available in 223 Countries andterritories including Hong Kong.
Success Story in Hong KongThe Worlds Smallest 4K Camera - MokacamThey raised more than $US 1 million, exceedingits campaign goal by more than 1,333%(January 2016)
More information here:https://www.indiegogo.com/#/picks_for_you
Indiegogo
FringeBacker is a bilingual crowdfundingplatform, in both English and Chinese.FringeBacker provides several options for onlinefundraising: direct fundraising for charities andreward-based crowdfunding for startups.
Success Story in Hong KongHKFP - Hong Kong Free Press, Successfully raised HK$588,417 (around US$75,862) in June 2015, exceeding its campaign goal by 392%.
More information here:https://www.fringebacker.com/en/
FringeBacker
http://Whub.iohttps://www.indiegogo.com/#/picks_for_youhttps://www.fringebacker.com/en/
2 STARTUPS IN HONG KONGCrowdfunding in Hong Kong
Whub.io
Next Chapter is a new rewards based crowdfunding website for female entrepreneurs that launched in early 2016.
Their focus is on businesses by women, creating products and services that women will love. The longer-term vision is to build a community of networks and partnerships with other organisations, so that female entrepreneurs gain access to the capital and other resources they need to launch and grow successful businesses.
Zarie DREAM Pants by Zarie.co raised over US$16,000
Next Chapter
Successful CampaignsCheck out latest campaigns: https://nextchapter.com.hk
Workspace for Female Artisans by Knotsandstrokes.comraised over US$8,000
Bi-lingual Childrens Book by Runem Raggedraised over US$3,000
http://Whub.iohttps://nextchapter.com.hk
2 STARTUPS IN HONG KONGCrowdfunding in Hong Kong
Whub.io
Kickstarter announces launch in Singapore and Hong Kong!The reknowned crowdfunding platform Kickstarter will soon launch in its first Asian markets. Kickstarter is currently available to project creators in 18 markets, including the United States, the United Kingdom, Australia and some European countries.
https://www.techinasia.com/kickstarter-singapore-hong-kong-launch
Kickstarter
http://Whub.iohttps://www.techinasia.com/kickstarter-singapore-hong-kong-launch
Facts and Figures
Acting as one of the leading international financial centres, Hong Kong has an advantage to establish itself as a fintech hub for the region.
FinTech
2 STARTUPS IN HONG KONG
Whub.io
According to a recent survey1 Hong Kong has demonstrated a high adoption rate for fintech services: 29.1% of Hong Kong citizens used at least two fintech services products in 2015.
1 Survey conduted by Ernst & Young
http://Whub.iohttp://www.ey.com/gl/en/industries/financial-services/ey-fintech-adoption-index
2 STARTUPS IN HONG KONGFinTech
Whub.io
HKMA-ASTRI Fintech Innovation Hub
HK Monetary Authority collaborates with the Applied Science and Technology Research Institute (ASTRI) to set up the Fintech Innovation Hub:
It will be equipped with all necessary system and support resources to enable players of the banking and payment industry to conduct proof of concept trials of products and services through the use of new technologies, and do it safely as this controlled environment is separated from their internal systems.
Sandbox
HKMAs second initiative is theFintech Supervisory Sandbox:
This Sandbox allows banks to conduct testing and trial of newly developed technologies and applications on a pilot basis. Within the Sandbox, banks can try out their new Fintech products without the need to achieve full compliance with the HKMAs usual supervisory requirements. This will enable banks to gather real-life data and user feedback on their Fintech products or services more easily and in a controlled environment, so that they can make suitable refinements to their products before the full launch.
Further details via keynote speech at Treasury Markets Summit 2016
/ Background
http://Whub.iohttp://www.hkma.gov.hk/eng/key-information/speech-speakers/ntlchan/20160906-1.shtmlhttp://www.astri.org/events/hong-kong-monetary-authority-hkma-announces-collaboration-astri-set-hkma-astri-fintech-innovation-hub/
2 STARTUPS IN HONG KONGFinTech
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Securities and Futures Commission (SFC)
The Securities and Futures Commission (SFC) is an independent statutory body set up in 1989 to regulate Hong Kongs securities and futures markets.Recently, The Fintech Advisory Group was formed to facilitate the Fintech Contact Point in order to:- Obtain information on the latest trends of Fintech;- Collect stakeholders input on specific Fintech themes- Identify the opportunities, risks and regulatory perimeter implications of Fintech and- Broaden the understanding of Fintech as an evolution of the financial services industry.
SFC Homepage
/ Background
The Fintech Advisory Group Members
The Fintech Advisory Group includes:
Ex officio members from the SFC
- NOLENS, BndicteSenior Director, Head of Risk and Strategy (Chair of the Fintech Advisory Group)- CHIONG, Ron Sai LungAssociate Director, Risk and Strategy Unit- CHAN, Rogers Man CheongSenior Manager, Risk and Strategy Unit
External members with one-year renewable termeffective from 1 March 2016
ADVANI, Alokik IndruManaging Director, Goldman Sachs (Asia) L.L.C.BARBERIS, Janos: Founder & CEO, FinTech HKCHEUNG, Joanna Wai SzeManaging Director, Tuspark Global NetworkCHU, Irene Ngar Yee: Partner, KPMGGUZY, Melissa CManaging Partner, Arbor VenturesLLOYD, James PhilipExecutive Director, Ernst & YoungJOHNSTONE, SyrenAdjunct Associate Professor, The University of Hong KongSETO, Adrian: Director, Accenture
http://Whub.iohttp://www.sfc.hk/web/EN/
2 STARTUPS IN HONG KONGFinTech
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Resources
Fintech O2O Global Summit
Co-sponsored by Nexchange and Cyberport, Fintech O-2-O began in 2015 as a monthly meetup.
The aim of the event is to bring together likeminded professionals, to network and discuss the impact that technology has on traditional finance.
Startups
FinTech HK
Fintech HK is A single point of access for Hong Kongs Fintech scene. We list the startups and the events that are shaping Hong Kongs Fintech ecosystem.
Hong Kong Fintech by InvestHK
A website with helpful resources and links launched by InvestHK in 2016.
If you are setting up your business, InvestHK provides support to help you succeed.
http://Whub.iohttp://www.fintecho2o.com/http://www.hongkong-fintech.hk/en/index.htmlhttps://www.whub.io/startups/addweuphttps://www.whub.io/startups/currenxiehttps://www.whub.io/startups/equitysimhttps://www.whub.io/startups/gatecoinhttps://www.whub.io/startups/moneyhero-com-hk1https://www.whub.io/startups/neathttps://www.whub.io/startups/odduphttps://www.whub.io/startups/oklink-okcoinhttp://www.hongkong-fintech.hk/en/index.htmlhttps://www.whub.io/startups/welab-limitedhttps://www.whub.io/startups/8-securities
2 STARTUPS IN HONG KONG
The Internet of Things refers to a connected network of physical devices, from smartphones and wearables, to vehicles and buildings. IoT can provide individuals and businesses better data about their lifestyles, purchases and communication habits.
The Hong Kong SAR government has addressed the importance of IoT in its agenda. In the 2015 Policy Address introduced a new initiative Energizing Kowloon East aiming to carry out a pilot study to examine the feasibility of developing a Smart City.
Internet of Things (IoT)
Whub.io
http://Whub.io
2 STARTUPS IN HONG KONGInternet of Things
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Startups
http://Whub.iohttps://www.whub.io/startups/actimirrorhttps://www.whub.io/startups/aumeo-audiohttps://www.whub.io/startups/3d-forge-ltdhttps://www.whub.io/startups/ubudu-asiahttps://www.whub.io/startups/soundbrennerhttps://www.whub.io/startups/scoutbotshttps://www.whub.io/startups/simple-wearableshttps://www.whub.io/startups/kello-labshttps://www.whub.io/startups/nanoleafhttps://www.whub.io/startups/native-unionhttps://www.whub.io/startups/ambi-climatehttps://www.whub.io/startups/lumos-helmethttps://www.whub.io/startups/uhoo
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3COMMUNITYBUILDERS
http://Whub.io
Whub.io
3
Startups cant do it alone! Over the past four years a great number of community builders have been creating professional and social links within the ecosystem. The continuous success of offline events, mentoring opportunities and online community platforms are providing value and making a lasting impact on entrepreneurs.
More connections + Quick access to quality feedback and mentoring = Higher chance of success!
COMMUNITY BUILDERS
The Importance of Community Builders
http://Whub.io
Ada Yip * Urban Spring
* 43 Ventures * Startup Weekend
Alexis Bautista
* Creative Jam HK * Kokonuzz
Allison Baum * Fresco Capital
Ankit Sethi * Startup Weekend
* SpotHelp
Bay McLaughlin
* Brinc
Ben Cheng* Internet Society
(HK)* Oursky Limited
Ben Crox * BarCamp
* Startup Commune
Betty Wong * Google Eye
Program
Casey Lau* StartupsHK
* Web Summit
Alan Chan * Vectr
Alexander List
* Dim Sum Lab
3 COMMUNITY BUILDERS
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Carman Chan * Click Ventures
https://twitter.com/yip_adahttps://www.linkedin.com/in/ada-yip-9990202http://www.43ventures.com/https://twitter.com/alexisnutshttps://www.linkedin.com/in/alexisbautistahttp://www.meetup.com/CreativeJamHK/https://twitter.com/Allison_Baumhttps://www.linkedin.com/in/allisonebaumhttp://frescocapital.com/https://twitter.com/ankitsethi87https://www.linkedin.com/in/ankitsethihttp://startupweekend.org/https://twitter.com/betabayhttps://hk.linkedin.com/in/betabayhttp://brinc.io/https://twitter.com/chpapahttps://www.linkedin.com/in/chpapahttp://www.isoc.hk/https://twitter.com/bencroxhttps://www.linkedin.com/in/bencroxhttp://barcamp.hk/https://www.linkedin.com/in/bettywtyhttp://entrepreneurship.bschool.cuhk.edu.hk/eyeprogram2014https://twitter.com/casey_lauhttps://www.linkedin.com/in/caseylauhttp://www.startupshk.com/https://twitter.com/AChanManhttps://www.linkedin.com/in/alan-chan-34b34b7http://vectr.co/https://twitter.com/dimsumlabshttps://www.linkedin.com/in/alexlisthttp://www.dimsumlabs.com/http://Whub.iohttps://www.linkedin.com/in/carmanchanhttps://angel.co/clickventures
3 COMMUNITY BUILDERS
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Charles Ng* InvestHK
Cynthia Cheung
* Startup Weekend Hong Kong
David Baverez
* Private Investor * Author
David Chung * Under Secretary
Innovation and Technology Bureau
Deepak Madnani * Paperclip
Derek Kwik* Venture Capital & Private Equity
Elaine Tsung* Garage Society
* Eaton House
Felix Lam * Red Chapel
Advisors
Gene Soo * StartupsHK * Citymapper
Gino Yu* Hong Kong Polytechnic
University
Felix Wong* Startup Weekend
Hong Kong * The Wave
Cesar Harada* MakerBay
* Protei (product)
http://Whub.iohttps://twitter.com/investhkhttps://www.linkedin.com/in/charlesnginvesthkhttp://www.investhk.gov.hk/index.htmlhttps://twitter.com/cyniechttps://www.linkedin.com/in/cynthiacheung1http://startupweekend.org/https://twitter.com/davidbaverezhttps://www.linkedin.com/in/david-baverez-40a44613https://twitter.com/cyberport_hkhttps://hk.linkedin.com/in/david-chung-082b04https://www.cyberport.hk/enhttps://twitter.com/deepsmadhttps://www.linkedin.com/in/deepak-madnani-38a909bhttp://papercliphk.com/https://www.linkedin.com/in/derekkwikhttps://www.linkedin.com/in/elaine-tsung-537831http://thegaragesociety.com/https://twitter.com/ftlamhttps://www.linkedin.com/in/ftlamhttp://www.redchapeladvisors.com/https://twitter.com/genesoohttps://www.linkedin.com/in/genesoohttp://www.startupshk.com/https://twitter.com/phusikoihttps://www.linkedin.com/in/ginoyuhttp://www.polyu.edu.hk/web/en/home/index.htmlhttps://hk.linkedin.com/in/felix12777http://www.thewavebd.com/https://twitter.com/cesarharadahttps://www.linkedin.com/in/cesarharadahttp://www.makerbay.org/
3 COMMUNITY BUILDERS
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Irene Chu* KPMG
Ivy Shum* TED x Hong
Kong * SMECC
James Munro Boon
* UnLtd* 43 Ventures
Janos Barberis
* SuperCharger FinTech Accelerator
* FinTech HK
Jayne Chan * Startmeup HK
Jeffrey Broer* PostMortem
Jennifer Cheng
* Investor * Writer
Henek Lo* WeWork
Holger Bartel* Harbour Front HK
* uforepublic Ltd.
Herman Lam* Cyberport Hong Kong
Gregory So* Secretary for
Commerce and Economic
Development HK
Hilary Szymujko
* Brinc
http://Whub.iohttps://www.linkedin.com/in/irenenychuhttp://www.kpmg.com.hk/https://www.linkedin.com/in/ivyshumhttp://tedxhongkong.org/https://www.linkedin.com/in/james-munro-boon-0454264ahttp://www.43ventures.com/https://twitter.com/jnbarberishttps://www.linkedin.com/in/jbarberishttp://www.fintechsupercharger.com/https://www.linkedin.com/in/jayne-chan-7433a7http://www.startmeup.hk/https://twitter.com/jebberyhttps://www.linkedin.com/in/jeffreybroerhttp://postmortemconf.com/https://twitter.com/JennGlamCohttps://www.linkedin.com/in/jenniferchenghttp://www.glamit.com/https://hk.linkedin.com/in/henekhttps://www.wework.com/https://twitter.com/foobartelhttps://www.linkedin.com/in/holgerbartelhttp://harbour-front.hk/https://www.linkedin.com/in/lamhermanhttps://www.cyberport.hk/enhttps://en.wikipedia.org/wiki/Secretary_for_Commerce_and_Economic_Developmenthttps://twitter.com/hilszyhttps://hk.linkedin.com/in/hilary-szymujko-aa5b8b23http://brinc.io/
3 COMMUNITY BUILDERS
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Lawrence Morgan
* Nest
Matthew Rudy Jacobs
* CodeaholicsHK* CodeConf
Matthieu Bodin
* Techstars * Startup Weekend
Joshua Steimle* MWI
* Forbes
Juliet Ohalloran
* Creative Mornings
Keith C. M. Ng * Startup Grind HK* Startup Weekend
Hong Kong
Kostadin Kolev * PassportX
* Hack Horizon
Joanna Cheung
* Office8* Tuspark
Jong Lee* TED x HK
* RGL Ventures
Jo Hayes* The Womens
Foundation
Kyle Ellicott * Wearable IoT
World
Larry Salibra* Bitcoin
Association of Hong Kong
http://Whub.iohttps://www.linkedin.com/in/lawrencemorganhttp://www.nest.vc/https://twitter.com/matthewrudyhttps://www.linkedin.com/in/matthewrudyhttp://codeaholics.io/https://www.linkedin.com/in/matthieubodinhttp://www.techstars.com/https://twitter.com/joshsteimlehttps://www.linkedin.com/in/joshuasteimlehttps://www.linkedin.com/in/julietohalloranhttps://creativemornings.com/cities/hkhttps://www.linkedin.com/in/keithng512https://twitter.com/kosta_kolevhttps://hk.linkedin.com/in/kostadinkolevhttp://www.hackhorizon.com/https://www.linkedin.com/in/joanna-cheung-42a8b860https://www.tgnglobal.com/https://www.linkedin.com/in/tokyojonghttp://tedxhongkong.org/https://hk.linkedin.com/in/johayesthewomensfoundationhttp://www.twfhk.orghttps://twitter.com/JoHayesTweetshttps://twitter.com/ysiuhttps://twitter.com/kyleellicotthttps://www.linkedin.com/in/yatsiuhttps://www.linkedin.com/in/kyleellicotthttp://wearableworldlabs.com/https://twitter.com/ysiuhttps://twitter.com/larrysalibrahttps://www.linkedin.com/in/yatsiuhttps://hk.linkedin.com/in/larrysalibrahttp://www.outblaze.com/https://larrysalibra.com/
3 COMMUNITY BUILDERS
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Ray Cheung* City University
of Hong Kong
Raymond Chu * Hong Kong Polytechnic
University* HK Design Centre
Paul Cheung* The Hong Kong
University
Peter Mok* Hong Kong
Science & Technology
Parks
Nio Liyanage* Nest
* StartUpRIGHT
Nick Zieber* Product Hunt
Nicole Denholder
* Next Chapter Ventures
Matt Brick* Vectr
OscarVenhuis * TheDesk
* DigiMeet
Patti Hunt * Make Studios
* Service Design Hong Kong
Michelle Buultjens* Blueprint
Mart Van de Ven
* Open Data
http://Whub.iohttps://www.linkedin.com/in/ray-cheung-699417http://www.cityu.edu.hk/https://www.linkedin.com/in/raymond-chu-09b6829http://www.hkdesigncentre.org/https://www.linkedin.com/in/paulyscheunghttp://www.hku.hk/https://www.linkedin.com/in/peter-mok-72b8a3b4http://www.hkstp.org/en-US/Homepage.aspxhttps://hk.linkedin.com/in/nio-liyanage-910a208http://nest.vc/https://www.linkedin.com/in/nzieberhttps://www.producthunt.com/https://www.linkedin.com/in/nicole-denholder-9ab117aahttps://nextchapter.com.hk/?ref=whubhttps://hk.linkedin.com/in/matt-brick-541243https://twitter.com/ysiuhttps://twitter.com/oscarvenhuishttps://www.linkedin.com/in/yatsiuhttps://hk.linkedin.com/in/oscarvenhuishttp://www.outblaze.com/https://www.oscarvenhuis.com/https://twitter.com/ysiuhttps://twitter.com/hyper_bolehttps://www.linkedin.com/in/yatsiuhttps://hk.linkedin.com/in/patriciahunthttps://www.linkedin.com/in/michelle-buultjens-382a35b5http://blueprint.swireproperties.com/https://twitter.com/tijptjikhttps://www.linkedin.com/in/tijptjikhttps://www.facebook.com/groups/symbolkey/
3 COMMUNITY BUILDERS
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Yat Siu * Outblaze
Tony Verb * Metta
* Nest
Tytus Michalski
* Fresco Capital
Theodore Ma* Cocoon HK
* maBelle
Sonalie Figueiras
* Green Queen HK* Ekowarehouse
Timothy Yu* HKUAEC* Snapask
Tim Chan * HelloReporter
* HelloPR.io
Yana Robbins
* JumpstartMagazine
Scott Lawson * SOW Aisa
Simon Squibb
* Nest
Stephen Barnes
* Hong Kong Visa Centre
Sam Chan* VisaPro
* Angel Investor
http://Whub.iohttps://twitter.com/ysiuhttps://www.linkedin.com/in/yatsiuhttp://www.outblaze.com/https://www.linkedin.com/in/tonyverbhttp://www.metta.co/https://twitter.com/tytusmhttps://www.linkedin.com/in/tytusmhttp://frescocapital.com/https://www.linkedin.com/in/theodoremahttp://www.hkcocoon.org/https://www.linkedin.com/in/sonalie-figueiras-galardi-este-965342ahttp://www.greenqueen.com.hkhttps://www.linkedin.com/in/timothy-yu-b4b21844https://snapask.co/en/https://twitter.com/ysiuhttps://twitter.com/timktchanhttps://www.linkedin.com/in/yatsiuhttps://hk.linkedin.com/in/timktchanhttp://www.helloreporter.io/https://www.linkedin.com/in/yatsiuhttps://hk.linkedin.com/in/yanalyubhttp://jumpstartmag.com/https://www.linkedin.com/in/scott-lawson-28390411http://www.sowasia.org/https://twitter.com/simonsquibbhttps://www.linkedin.com/in/simonsquibbhttp://www.nest.vc/https://www.linkedin.com/in/hongkongvisageezahttp://www.hongkongvisacentre.com/https://hk.linkedin.com/in/samc1
Karena BelinCo-Founder
Business Development, Fundraising & Marketing
Karen FarzamCo-Founder
Community Building,Fundraising & Technology
Double diploma from ESSEC Business School in Paris / University of Manheim.15 years for Procter & Gamble in Finance, Sales, Strategy and Management.
Speaker, mentor and judge at events and organisations such as the Chicago Booth GNVC, Google EYE, RISE Conference, Tech Open Air Berlin, Techstars StartupWeekendHK and Poly U Entrepreneurial Mentorship Network.
Board member of WOW at theAmerican Womens Association.
Double engineering diploma from EPF (France) / ETS (Canada) - Master in International Finance from HEC Paris.
Six years for JP Morgan Tokyo as a Exotic Equity Derivatives Trader.
Worked in a IoT Startup / Taught Web Development at General Assembly.
Co-Founder of Women Who Code (Hong Kong)
Speaker at Women Who Code International Conference.
3 COMMUNITY BUILDERSW Hub Team
Whub.io
https://twitter.com/BelinKarenahttps://twitter.com/chleozamhttps://www.linkedin.com/in/karenabelinhttps://www.linkedin.com/in/karenfarzamhttp://Whub.io
Diane MensahStrategic Partnerships
Nicolas BreitburdFundraising Catalyst
Heather LoDigital Marketing & Community
Graduated from Manchester University with a Bachelor in English Language and Literature. Worked in luxury fashion retail management in the UK for eight years and three years at the UK government Home Office overseas.
Diane then joined General Assembly as the founding Admissions Manager in the companys opening year in Hong Kong.
Graduated from Insead with a Global Executive MBA. Worked in FMCG European Industry for 20 years in COO and CEO positions. Senior Advisor for a F&B start-up since his arrival in Hong Kong.
Graduated from Sun Yat-sen University with a Bachelor of Art in Spanish Language and Literature.
Spent two semesters at the University of Valladodid (Spain).Interned at Swire Properties.
3 COMMUNITY BUILDERSW Hub Team
Whub.io
https://twitter.com/matthewrudyhttps://hk.linkedin.com/in/diane-mensah-517071a1https://www.linkedin.com/in/nicolasbreitburdhttps://hk.linkedin.com/in/ling-han-heather-lo-b03548a3/enhttp://Whub.io
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4GOVERNMENT SUPPORT& UNIVERSITIES
http://Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIES
Whub.io
Realising the importance of entrepreneurship on Hong Kongs future generations, the government is consolidating the programs and organisations it controls to provide more resources, more activities and more visibility. Laws are being passed to make Hong Kong more to foreign investment and talent, such as Universities are joining the movement by creating new programs to encourage entrepreneurship.
Government & Universities
http://Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIESGovernment Organisations
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A government department providing free advice and customised services to help businesses succeed in the citys economy.
A creative digital cluster that nurtures ICT industry startups and entrepreneurs, promotes collaboration to gather resources and create business opportunities.
A statutory body that had built a vibrant innovation and technology ecosystem to connect stakeholders and nurture technology talent.
A platform listing the latest startup events and various resources including government incentives and incubator schemes.
A one-stop portal gathering tech startup influencers and creators providing a dynamic environment.
InvestHK Cyberport HKSTP StartmeupHK iStartupHK
http://Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIESGovernment Organisations
Whub.io
Invest HK publications and website provide information useful for a startups preliminary planning. In addition, the organisation offers specific advice, including:
- Sector-specific business opportunities - Business incorporation procedures - Tax and business regulations - Business matching services, - Advice on government initiatives and grants
InvestHK will organise the 2017 StartmeupHK Festival on 13-21 January, which will be an assembly of key conferences, workshops, exhibitions, pitching competitions and networking opportunities.
http://Whub.io
Whub.io
StartmeupHK
InvestHK launched StartmeupHK to create a buzz among entrepreneurs in the local and overseas startup communities in June 2013.
At its core is the promotion of Hong Kong as a startup destination: - to bring global entrepreneurs to the city - to attract innovative, scalable and high-impact ventures in setting up a presence here - to connect and encourage collaboration between overseas entrepreneurs and Hong Kong-based startups - to provide a one-stop platform for overseas startup entrepreneurs setting up in the city - to propel the development of Hong Kong as a leading destination for entrepreneurship and innovation
4 GOVERNMENT SUPPORT & UNIVERSITIESGovernment Organisations
http://Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIESIncubators | Hong Kong Science and Technology Park
Whub.io
HKSTP Incubator - Tech
Incu-Tech is an incubation programme designed for technology startup companies.
- No equity stake
- Financial aid : max HKD 645,000
- 3 year programme
Target IndustryIT & Telecommunication/ Electronics/ Precision Engineering
HKSTP Incubator - Bio
Incu-Bio is an incubation programme designed for biotechnology startup companies that require wet lab.
- No equity stake
- Financial aid : max HKD 860,000
- 4 year programme
Target IndustryBio-Tech/ Therapeutics/ Chinese Medicine/ Medical Devices/ Diagnostics
HKSTP Incubator - App
Incu-App in an incubation programme which aims to provide support to web/ mobile application technology startups.
- No equity stake
- Financial aid : max HKD 300,000
- 18 month programme
Target IndustryWeb based applications Smartphone/Web based Apps.
http://Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIESIncubators | Hong Kong Science and Technology Park
Whub.io
How to apply
All three incubation programmes are open for applications all year round. Interested companies can download the application material from the HKSTP website and return to biadmin@hkstp.org
Over HK$1555 million from angel/ venture capital and 428 technical awards
Financial Aid Package
Incu-App Incu-Tech Incu-Bio
| HK$60,000| HK$180,000 | HK$240,000
Programme Details
Current Incubatee Alumni
Fundrasing
76%
410 technology graduates310 still in business 4 IPOs in Hong Kong
6% Incu-Bio38% Incu-App56% Incu-Tech
http://Whub.iomailto:biadmin@hkstp.org
4 GOVERNMENT SUPPORT & UNIVERSITIES
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Universities in Hong Kong
http://Whub.io
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4 GOVERNMENT SUPPORT & UNIVERSITIESUniversity Programs and Competitions
TecHKUCUHK Center for Entrepreneurship
HKU Knowledge Exchange
CUHK Center for Innovation and
Technology
Technology Transfer Office @ HKU
Innovation Commons @ CityU
PolyU Institute for Entrepreneurship (IfE)
CityU Enterprises Limited
HKUST Entre-preneurship Center
Knowledge Transfer Office
@ HK Baptist University
Tech Incubation Fund (TIF) Sheme @PolyU
Good Seed @PolyU
PolyU Micro Fund The Base @HKUST
http://Whub.iohttp://http://www.engineering.hku.hk/tecHKU/http://entrepreneurship.bschool.cuhk.edu.hk/http://www.ke.hku.hk/http://www.cintec.cuhk.edu.hk/seminars/http://www.tto.hku.hk/http://www.cityu.edu.hk/edge/innocom/https://www.polyu.edu.hk/ife/corp/en/contactus.phphttp://www.cityu.edu.hk/vpad/cityue.htmhttp://www.ec.ust.hk/http://kto.hkbu.edu.hk/eng/homehttps://www.polyu.edu.hk/ife/corp/en/entrepreneurship_dev/polyu_microfund.phphttps://www.polyu.edu.hk/ife/corp/en/entrepreneurship_dev/hkstpc_polyu_tif.phphttps://www.polyu.edu.hk/ife/corp/en/entrepreneurship_dev/good_seed.phphttp://base.ust.hk/
4 GOVERNMENT SUPPORT & UNIVERSITIES
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The Chinese University of Hong Kong Hong Kong Social Enterprise Challenge Incubation Support Vice-Chancellors Cup of Student Entrepreneurship
Hong Kong Baptist University Business Entrepreneurship Support and Training Programme
City University of Hong Kong Student Contest Support Fund Enterprises Limited
The Hong Kong University of Science and Technology HKUST One Million Dollar Entrepreneurship Competition Entrepreneurship Programme E-Academy The Base
The University of Hong Kong Technology Transfer Office Technology Startup Support Scheme
The Hong Kong Polytechnic University HKSTP - PolyU Tech Incubation Fund Scheme IfE and J.C.DISI - Good Seed Training and Funding Plan Micro Fund Scheme
University Programs and Competitions
http://Whub.iohttps://entrepreneurship.bschool.cuhk.edu.hk/hksechttp://www.cintec.cuhk.edu.hk/seminars/?page_id=1777https://entrepreneurship.bschool.cuhk.edu.hk/node/10http://kto.hkbu.edu.hk/eng/homehttp://www.cityu.edu.hk/edge/ContestSupportFund/http://www.cityu.edu.hk/vpad/cityue.htmhttp://HKUST One Million Dollar Entrepreneurship Competitionhttp://www.ec.ust.hk/pages/eship/program.htmlhttp://www.ec.ust.hk/pages/eacademy.htmlhttp://base.ust.hk/about-us/http://www.tto.hku.hk/http://www.tto.hku.hk/public/tsssu/index.htmlhttp://www.polyu.edu.hk/ife/polyumfund/funding/abouthttp://goodseed.hk/http://www.polyuincufund.hk/
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5INCUBATOR & ACCELERATOR PROGRAMS
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5
Hong Kong used to have only a handful of incubators and accelerators a few years ago. It has now a large number of these intense three to six month programs, allowing the entrepreneurs to focus on their project while fundings, space, mentoring and knowledge is provided. Sometimes associated with large MNCs or organisations depending on the government, incubators and accelerators can be associated with large multinational corporations or government bodies, and educating a new breed of entrepreneurs.
INCUBATOR & ACCELERATOR PROGRAMS
Incubators & Accelerators
http://Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMSPre-acceleratorStartup Next
Startup Next HK is an pre-accelerator program that gives startups the tools and mentorship needed to navigate the early stages of building a business.
Financial aid : none
5 week program
Target sector: Technology
ValidationTransforms the idea into a real life business, helps startup to build a scalable company
MentorshipProvides weekly feedback from mentors, coaches and startup experts. Startups work with mentors in both group settings and one on one
ExposureTop teams from the program will get introductions, referrals and invitations to pitch for accelerators and investors.
Whub.io
Startup Next is a Techstars Community Program and is run in a collaboration with W Hub and a number of community partners, venues and community builders who help startups level up.
http://Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMSAcceleratorsFinTech
SuperCharger is powered by Standard Chartered, Baidu x APIStore and TusPark Global Network
Hong Kongs first home-grown FinTech accelerator
The programs mission is to supercharge Asias FinTech scene.
$30,000 for 5% equity stake
12 week program, runs every year from January to April
SuperCharger
How to Apply
Round 1 Applications
Startups interested in the second cohort interested can apply on the SuperCharger website. The application can also be found on the SuperChargers social media platforms.
The inaugural SuperCharger pro-gram received over 160 applica-tions from across 20 countries.The companies portfolio consisted of four early-stage startups: Amareos, Funding Societies, Gatecoin and Neat; and four late-stage scale-ups: EKO, Jade Payments, Microcred Baobab and Wecash.
Whub.io
http://www.fintechsupercharger.com/
http://Whub.iohttp://www.fintechsupercharger.com/
5 INCUBATOR & ACCELERATOR PROGRAMSAccelerators
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FinTech B2B & SaaS
FinTech Innovation Lab powered by Accenture brings together young FinTech companies with senior executives from financial institutions across Asia.
Takes equity stake
12 week program
3 cities including New York, London, Hong Kong
< 10 startups per batch
FinTech Innovation Lab Amplifi Paperclip
Amplifi is a SaaS dedicated accelerator company headquartered in Mumbai, India, recently completed their inaugural cohort based out of Bangalore, India.
Paperclip is Hong Kongs first dedicated startup campus which uniquely combines accelerator programs with co-working space and offices.
3 month program
1.5 % advisory equity each startup
http://Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMSAccelerators
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IoT/ Hardware
Brinc is a hands-on hardware accelerator that accelerates IoT startups from concept to sustainable commercialisation
A program tailored for hardware startups looking for speed, access and the know-how to build successful companies
Brinc
How to Apply
Startup Requirements
Applications are accepted on a rolling basis all year round.
For more details on the application process, visit: http://brinc.io/apply/
While Brinc evaluates each founder and team on a case-by-case basis, there are some characteristics that are favorable:
- 2 co-founders- Teachable and open minded- Functional prototype- Pre-crowdfunding- Grit and determinationTake equity stake
12 month program
3 cities including Hong Kong and Shenzhen
Invested in 14 startups and worked with more than 40 founders
Provides access to the back-end of China, de-risk and accelerate the time to market in about 12 months after initial ideation
Additional OffersOrganized trips to Shenzhen for hardware founders: http://brinc.io/trip-to-china/
http://Whub.iohttp://brinc.io/apply/http://brinc.io/trip-to-china/http://brinc.io/trip-to-china/
5 INCUBATOR & ACCELERATOR PROGRAMSAcceleratorsIoT/ Hardware
WIoTW is the worlds first accelerator dedicated to the Internet of Things (IoT)
Not currently providing any funding
capital
Takes equity stake (around 3-4%)
Wearable IoT World Labs
How to Apply
Success Stories
Founders can apply to programs in Hong Kong or San Francisco through:- Wearable IoT World Labs - AngelList- F6S
15 week program
Based in San Francisco
Accelerated over 90 startups, in 15 countries around the world including Hong Kong
CreoPop SKULLY Nuheara Tzoa Grush
Now available in 1,000 Best
Buy stores and online at multiple
retailers
Raised US$11 million and deliver their
product worldwide
Exceeded its revenue goals
by 800% in the first two weeks
Named as Time
Magazines 25 Best Invention
of 2015
Won the 1 million top prize
in Americas Greatest Makers
in 2016
Whub.io
www.wearableworldlabs.comhttps://angel.co/wearable-world-labshttps://www.f6s.com/wearableiotworldhttp://Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMSAccelerators
Blueprint
Accelerator program powered by Swire Properties
Approximately 10 startups per batch
Whub.io
Corporate
- Mentor-driven accelerator programs- No initial equity stake- 6 month program- based in Hong Kong
The Cage
The Cage is a development program powered by The Lane Crawford Joyce Group, which offers intensive mentorship to startups building retail-relevant technologies and/or services.
Kicking off in September 2016
Targeted Sector: - Fashion and Lifestyle Retail
12-week program (full time)
http://Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMSAccelerators
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Corporate
NEST
HealthCare Accelerator powered by AIA
SmartCity & IoT Accelerator powered by Infinity
FinTech Accelerator incorporated by DBS
12 week full time program
Up to 8 startups selected
No initial equity stake
Accelerator dedicated to health tech and/or wearable businesses
Tech support from accelerator sponsors Microsoft and Amazon
A mentor-focused program
12 week program
No initial equity stake
Designed to support and accelerate the progress of early-stage Smart City and Internet of Things (IoT) Companies
Accelerators powered by NEST
A mentor-focused program
12 week program
No initial equity stake
Designed to support and accelerate the progress of early-stage Companies with an innovative FinTech proposition.
AIA HealthTech
Infiniti Smart City
dbs FinTech
https://www.dbs-accelerator.com/http://Whub.iohttp://aia-accelerator.com/https://www.infiniti.com.hk/infiniti-lab.html
5 INCUBATOR & ACCELERATOR PROGRAMSIncubators
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Jockey Club Social-Tech Incubation and Youth Entrepreneurship Programme by HKSTP
Jockey Club consists of two sub-programmes: - Youth Entrepreneurship - Social-Tech Incubation (SISG)
Partnership with Le Comptoir de lInnovation (CDI), the first global network of green and social start-ups from France, and Hong Kong Children & Youth Services (HKCYS)
Tech & Social innovations
The Social-Tech Incubation Programme So In So Good Project under HKSTP
SISG is open for application for companies under HKSTPs incubation programmes.
Targeted Sector: - Social Good & Green Tech
Interested parties are welcome to contact HKSTP or http://www.soin-sogood.co/incubation
Go Global - Network with 500+ social entrepreneurs - Exchange programme
2 Sub-program
- 12 startups selected- No Equity Stake - 12 months program- Dedicated to Social Good and Green Tech startups
http://Whub.iohttp://www.soin-sogood.co/incubation
5 INCUBATOR & ACCELERATOR PROGRAMSIncubators
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SOW Asia Incubation Program The Mills Fabrica by Nan Fung Group
i2i, funded by JP Morgan, is an accelerator program designed to help businesses clarify their social impact, improve their business model, and refine their pitch for investment.
Financial Aid: None
Social Challenges/ Environment
No initial equity stake
12 week program
The Mills Fabrica is a business incubator for companies at the intersection of fashion, textile and technology.
A total of 10 startups are selected
1 year program
http://Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMSPrograms
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Empowering Young Entrepreneurs (EYE)
Financial aid : max HK$530,000
No equity stake
1 year program
The EYE Program is a year-long entrepreneurship program launched by Google and Center for Entrepreneurship of The Chinese University of Hong Kong in 2013. The initiative is inspired by the budding entrepreneurial environment in Hong Kong
Previous EYE Program Achievements - A total of 16 startups were created and supported from over 1,000 applications received - Over 80 mentors and domain experts supported the program - Over 600 media stories reported - Awarded by Marketing Magazine
Key Features
Objectives
- Drive collaborative innovation by connecting entrepreneurs with corporates
- Empower startups and entrepreneurs through mentorship and interaction with industry leaders to enhance strength
Innovation Boost
6-Month Dedicated Mentorship
Collaborative innovation
Cross-Sector Network
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6COMPETITIONS AND EVENTS
http://Whub.io
6 COMPETITIONS AND EVENTS
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Young Entrepreneur of the Year by HKFYG
Seedstars world CoCoon Pitch Night HKD 100,000 for the winning
team
International Startup Competition by TiE
Asia Social Innovation Award Pitch PerfectChance to gain funding from
China or overseas investors
Startup Competitions
http://Whub.iohttp://eventscocoon.blogspot.hk/p/pitch-night.html
6 COMPETITIONS AND EVENTS
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Global Student Challenge YDC e-challenge HKD 30,000 prize for the
winning team
HSBC Youth Business Award
Hong Kong Business Angel Network (HKBAN)
Chicago Booth Global Network Venture Challenge
Startup Competitions
http://Whub.io
6 COMPETITIONS AND EVENTS
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Startup Weekend
Angelhack
hackUST
Fishackathon
Hackathons & Events
http://Whub.io
6 COMPETITIONS AND EVENTS
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Regular Events
DrinkEntrepreneurs Monthly casual meetup
Barcamp Unconference to explore
different tech topics
Codeaholics Gatherings of developers
Creative Mornings Early morning interviews with out of the ordinary
professionals
DigiMeetMeetup to learn about digital
marketing
Friday Beer BayWeekly casual meetup
http://Whub.io
6 COMPETITIONS AND EVENTS
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Regular Events
WebWednesdayInterviews with entrepreneurs
on the way up
Startup Grind Interviews of established
entrepreneurs
Postmortem Conf 1 day conference with
entrepreneurs explaining why they failed
TED x HK TED-style events
RISE HK3 day conference with
hundreds of startups and thousands of visitors
http://Whub.io
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7TALENTS CORNER
http://Whub.io
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7
A startup is composed of a team sharing the same mission and vision. There are many incredibly talented people in Hong Kong and while it is improving, many engineers would rather work for a larger corporation instead of a startup. Getting the team right is, therefore, a continuous challenge. The time and effort required cannot be underestimated and the following resources will help along the journey. Get started early, train fast, retain or move on!
TALENTS CORNER
Talents Corner
http://Whub.io
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7
Job Fairs
W Hub has been the first to organise HK Tech & Startups Job Fair in Hong Kong. With more than 850 job seekers, 80+ job opportunities and 41 startups, stay put for the next one on W Hub!
TALENTS CORNER
Find your new job at a startup!
http://Whub.iohttps://www.whub.io/
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7 TALENTS CORNER
5 HK Tech & Startups Job Fairs Presented by W Hub
In total, these fairs combined over:
100 Startups 250 Jobs 2.000 Participants
Infographic displaying data from the May 2016 Job Fair
http://Whub.io
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8CO-WORKING SPACES
http://Whub.io
8 CO-WORKING SPACES
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Hong Kong Island Price per month or person (minimum)4 Cats Co-business Community $3,600 fixedBlueprint $2,000Brinc $3,000Campfire Work $3,550 fixedCentre O Connect $2,800CoCoon $2,000 (for the 2 first persons, then $1,000 per person)Cyberport Smart-Space $1,500 fixed, $800 flexi-spaceGarage Society $7,200 fixedHatton Studios $2,500 for bench rental (students special)HKFYG Social Innovation Centre $3,000 for jewellers or jewellery designersHong Kong Commons $1,500 fixedIncu-Labspace $3,800 fixedMakerHive $3,600 fixed / $3,200 hot desk Paperclip Startup Campus $4,500 fixed / $2,000 hot desk Playground.work $4,800 hot deskRetro Spot $3,000 fixed / $2,500 hot desk
8 CO-WORKING SPACES
HONG KONG ISLAND
http://Whub.io
8 CO-WORKING SPACES
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Hong Kong Island Price per month or person (minimum)Smithfield Collective $2,500TheDesk $4,500 fixed / $3,600 hot deskThe Crafties $800 coworking space tailored for craftersThe Coffee House Cowork $1,500 fixed / $1,000 hot deskThe Hive Kennedy Town $3,600 fixed / $3,200 hot deskThe Hive studios $3,600 fixedThe Hive $6,000 fixed / $4,500 hot deskSynergy Biz $2,500 fixedThree Keys Craft Space $4,500 fixed / $4,000 hot deskThinkaholic $3,999 fixed / $2,699 hot deskTuspark $2,700 fixedUNO Co-working Space $3,000 fixed / $2,500 hot deskUrban Serviced Office ltd $4,000 fixed / $3,500 hot deskWework $6,990 fixed (Tower 535) | $7,200 (Wan Chai)WYND Co-Working Space $6,200 fixed / $4,200 hot desk
HONG KONG ISLAND
http://Whub.io
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Kowloon Price per month or person (minimum)BootHK Lai Chi Kok Campus $1,500 fixed
CentrePark $3,500 hot deskCoffice $2,500 fixed / $1,600 hot deskCowork CHM $2,500 fixed / $1,500 hot deskFashion Farm Foundation (FFF) $2,500 fixed / $2,000 hot deskMakerBay $2,500 fixed / $1,500 hot deskMISSOLINK $2,000 fixed / NeighborFarm Coworking Space Starting from $900Ooosh for Startups $1,500 fixed / $800 hot deskSynergy Startup Base Startup membership: $1,800
Team office: $8,000The Good Lab $2,100 fixedThe Loft $2,900 (special offer) or $3,500 fixed
$1,900 (special offer) or $2,500 hot deskTuspark $2,700 fixedUNWIRE Space $1,800 fixed
8 CO-WORKING SPACES
KOWLOON
The Wave Membership starting from HKD $99; hot desks and team offices upon request
http://Whub.io
v
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New Territories Price per month or person (minimum)HaHaHub $1,000 fixedLOffice IncuCentre $1,900 for 1 - 4 pax per podThe Hive Sai Kung $1,500 hot deskTuspark $2,700 fixed
8 CO-WORKING SPACES
NEW TERRITORIES
http://Whub.io
Launchpad for HIGH GROWTH international startups in Hong Kong.
HOME to General Assemblys HK campus
The MOST CONVENIENT LOCATION on the Island for working, connecting and growing startups.
Launched the HK STARTUP JOB FAIR in collaboration with W Hub in 2014.
GARAGE CADET connects students totop startups, inspiring entrepreneurship in the younger generation.
Garage Society has demonstrated what the boom in co-working space looks like in Hong Kong.
Industry Split
+60% in number of total companies +92.25% in number of members +5.3% in technology industry+6.1% in lifestyle industryOn average, companies had47% growth in terms of staff count
160 in 2014300 in 2015225 in 2016 (up to July 2016)
Startup Events
Since opening the first location in Des Voeux Road Central in 2014:
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8 CO-WORKING SPACESGarage Society
http://Whub.iohttp://thegaragesociety.com/
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8 CO-WORKING SPACESMakerBay
MakerBay allows creators to learn new skills or participate in exciting events, develop an invention or grow a business. There are a wide range of services, from consulting to digital fabrication. Ideas can be created and shared under one roof.
The space is dedicated for CREATORS: artists; scientists; designers and students.
Makerbay provides tools such as laser cutters, 3D printers, visual and photography equipment.
50 PLACES for hot bench 20 PLACES for fixed bench ONE PRIVATE SPACE for studio
Capacity
CONVENIENT LOCATION right situated in the middle of Hong Kong in Kowloon.
Gathers ALL THE TOOLS NECESSARY to create something for innovative entrepreneurs in its co-working space.
BIG SPACE (6,500ft.) for developing new products and displaying the ideas of startups.
MakerBays Amenities
http://Whub.iohttp://www.makerbay.org/
Whub.io
8 CO-WORKING SPACESCoCoon
CoCoon is an entrepreneurship exchange in Hong Kong, a co-working hub to GATHER VISION, TALENT, EXPERIENCE AND RESOURCES, aiming to establish a collaborative community to share the enthusiasm of building startups and turning them into successful businesses.
CoCoons Amenities
CoCoons Mission
Find co-founders and build the
team
Earn seed money through
paid projects
Find the right investors
CONVENIENT LOCATION right near MTR Sheung Wan station.
ECO-FRIENDLY INTERIORS with facilities such as an indoor cafe, 3D printer, mail services, conference rooms.
BIG SPACE (9,000 sq. ft.) for startups to develop their creative ideas and set up their business.
http://Whub.iohttp://www.hkcocoon.org/en/
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8 CO-WORKING SPACESPaperclip Startup Campus
Paperclip Startup Campus is a place which combines a co-working space and a STARTUP CAMPUS. It helps entrepreneurs to build their networks, meet mentors, advisors, investors and to learn the best business practices.
Paperclips Amenities
CONVENIENT LOCATION right beside Sheung Wan MTR station.
A VARIETY OF DIFFERENT ROOMS AND LAYOUTS available for entrpreneurs to connect.
http://Whub.iohttp://papercliphk.com/
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8 CO-WORKING SPACESThe Wave & Playground.work
The Wave co-working space provides a platform for startups and other creative professionals who want to build strong networks and collaborate with others within the co-working space.
Playground.work is Hong Kongs pioneer co-working space that promotes the attitude of work-life balance. They offer hot desks, private offices, event space, and a coffee shop ideal for meetings and events.
CONVENIENT LOCATION right above Sheung Wan MTR station with car park nearby
HIGH QUALITY in-house food and beverages capability and tailor-made catering service available
WELL-EQUIPPED meeting facilities with audio-visual and lighting system.
CONVENIENT LOCATION near MTR Kwun Tong Station and in the heart of the district
An INTEGRATED PLATFORM connecting entrepreneurs, startups and SME sectors
ACCOMMODATES more than 100 people
Focus on SOCIAL GOOD & SUSTAINABILITY
Amazing SPACE & DECORATION
playground.work AmenitiesThe Waves Amenities
http://Whub.iohttp://playground.work/http://www.thewave.com.hk/
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8 CO-WORKING SPACESThe Wave & Playground.work
Mett is an entrepreneurs club that connects people, ideas and resources. Mett believes that by bringing startup communities and ecosystems closer together, great things can happen.
TheDesk is a co-working space with a mission: We love what we do. We embrace each moment, every day. We celebrate new ideas, great people, and business challenges. What are you celebrating today?
LOCATION in Sai Ying Pun, just 3 minutes walk from the MTR station HKU.
COMMUNITY of professionals with preferential prices from business partners and free access to professional workshops.
WELL-EQUIPPED meeting facilities including BBQ and space for leisure.
A NETWORK OF SPACES around the world that serve as homes and meeting spots for entrepreneurs and innovators.
In Hong Kong, a CONVENIENT LOCATION on the 21st floor of California Tower in the heart of Lan Kwai Fong - Central district.
ACCOMMODATES more than 100 people.
TheDesks AmenitiesMetts Amenities
http://Whub.iohttp://metta.co/#homehttps://www.thedesk.com.hk/
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9VENTURE CAPITAL
http://Whub.io
Cyberport HK
Route 66 Ventures
Brinc 500 Startups
MindWorks
Vectr Ventures
Intel Capital
Y CombinatorArdent Capital
9 VENTURE CAPITALMost Active Investors in Hong Kong
Whub.io
http://Whub.io
Founder: Jack Ma | Executive Director: CIndy Chow
The core mission of the foundation is to help Hong Kong young entrepreneurs start and grow businesses on marketplaces and platforms in the Alibaba ecosystem.
The objective is to support the aspirations of entrepreneurs who wish to take advantage of the resources offered by Alibabas ecosystem in e-commerce, logistics, mobile platforms, cloud computing, and financial services.
Through the foundation, Hong Kong entrepreneurs will have access to financial capital, technical assistance and training so they can realise their dreams and visions. Profits from Alibabas Hong Kong foundation will be re-invested into startups.
Alibaba launched an HK$1 billion (about US$128
million) not-for-profit foundation to support Hong Kong
startups in November 2015
The foundation will also select 200
university students from HK annually
to intern at Alibaba Groups businesses in
mainland China
Invested in:
9 VENTURE CAPITALAlibaba Hong Kong Young Entrepreneurs Foundation
Whub.io
http://Whub.iohttps://www.whub.io/startups/nosh-by-secret-ingredienthttps://www.whub.io/startups/granahttps://www.whub.io/startups/gogovanhttps://www.whub.io/startups/yeechoo-com
Selection CriteriaHong Kong Nexus(1) A majority of the founders of the company are permanent residents of Hong Kong(2) Meaningful operations of the company are carried out in Hong Kong, as determined by the independent investment manager under policies approved by the board.
Alibaba Ecosystem ParticipantThe potential company should possess innovative and unique business ideas that are financially viable; have a high potential to grow and can expand beyond Hong Kong. The company will be operating on at least one of the platforms of Alibaba Group or its affiliates.
9 VENTURE CAPITALAlibaba Hong Kong Young Entrepreneurs Foundation
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Selected Startups to date
First batch
Second batch
http://Whub.iohttps://www.whub.io/startups/shoplinehttps://www.whub.io/startups/gogovanhttps://www.whub.io/startups/yeechoo-comhttps://www.whub.io/startups/nosh-by-secret-ingredienthttps://www.whub.io/startups/grana
9 VENTURE CAPITAL
Arbor Ventures
Big data, financial services and digital commerce
Founders : Wei Hopeman and Melissa Guzy
Seed and early stage venture investments
Invested in : 2C2P, A-SaaS, DemystData, Lufax, paidy, pipaHR, Stockpile, Streem, ABRA
Bright Success Capital
Hardware and software integration, robotics, security, A.I., smart home technology