The ‘PolyU Micro Fund 2014’ awards ceremony last week honored teams of students for their startup projects.
Operating under the ‘Do Well, Do Good’ theme, the fund is meant to encourage students towards social entrepreneurship or to build projects with sustainable community impact. The fund is open to teams with at least one member that is a current PolyU student or graduate. This year, 20 winners within the ‘Entrepreneurship Stream’ were gifted a seed investment of HK $100,000.
Since the program’s inception in 2011, the fund has already invested HK $4 million into the program and 50% of student teams have gone onto secure further funding and incubation support of HK $20 million.
