Dragonair’s Inflight Magazine Declares “Asia is Innovating”

SR0716_p1_FRONTCOVER

This is an interview I did with Dragonair’s inflight magazine called Silkroad — they don’t have a website so they were gracious enough to allow to reprint the article in full here. I sat down with writer Katie Scott for about an hour in April and this is the result of it with insight from friends and ecosystem supporters Simon Squibb and Bay McLaughlin — I’ve attached the actual spread below with Chinese translation:

This is the Asian Century. The region is changing faster than arguably anywhere at any time in history, and innovation is at the heart of this transformation. In our new monthly series, Innovation Asia, we’re exploring new ideas, technology and entrepreneurship across the continent, one city at a time. But what is the big picture? In our first instalment, we look at how the winds of innovation are ready to swing east.

Six years ago, six people met in a Hong Kong coffee shop. They were there to share ideas, exchange contacts and give each other support as they embarked on the uphill slog of making their startup businesses a success. ‘At this early stage, there was more enthusiasm and ideas than investors and proper business plans,’ says Casey Lau, one of the co-founders of the group, StartupsHK. ‘Some of those early birds fizzled but the ones with sound ideas are still around today.’

The potential, however, was clear and the StartupsHK gatherings soon gained traction. Now the group has more than 10,000 people in its network and can no longer find a coffee shop big enough for its meetups. This story has parallels across Asia.

[Read more…]

Reviewing the Blueprint: Lessons Learned Running a B2B Accelerator in Hong Kong

bp_tw_banner_1

We’ve been following Swire Properties’ Blueprint B2B accelerator in Quarry Bay ever since it opened and so we asked Michelle Buultjens, Brand Strategy & Communications for blueprint – what lessons the team has learned over the past 365 days and this is what she told us:

“B2B” is perhaps not the sexiest buzzword, but it has recently attracted a lot of positive attention. With a significant increase in funding for B2B startups year-on-year, selling to businesses during a time of investment downrounds may just be where the future of startups lead.

In early 2015, blueprint began as a vehicle for corporate inovation and has burgeoned to become a thriving ecosystem of tech and B2B startups. One year on, we look back at lessons learned and how our startups have grown:

[Read more…]

Report: The True State of Early Stage Funding in Hong Kong

IMG_4103

You may have seen reports floating around on the interwebs on the current state of Hong Kong funding, from ill-advised infographics to strangely sourced global reports.

So we decided to call up James Giancotti of OddUp a new startup that is tracking other startups around the region, and try and put together a proper list of startup funding in Hong Kong by local investors into local companies.

It’s also a good time to check the pulse of the investor ecosystem; after all the noise that big events like RISE and StartMeUp brought to Hong Kong, how, and if, the local investor market has been doing to actually help fund local startups.

This report is looking at the actual public angel and VC groups in Hong Kong. We don’t have data on Family Offices since they keep things private, as do smaller investor syndicates and angels who don’t like to have their names on the internet. Today the HKSAR government released it’s new budget to include startups (take a look at this budget breakdown specifically for the startup sector by Charles Mok), so we will have to take a revisit this next year and see if this new budget has helped increase any activity amongst local investors.

Here is what the state of early stage funding in Hong Kong really looks like:

[Read more…]