If you’re a young upstart with a great idea but not many resources, the Cyberport Creative Micro Fund might be the place to start.
The CCMF is a seed fund for creative and innovative tech startups still in their idea phase. A HK $100,000 grant will be given to successful applications to be used in a six-month period of proof of concept and prototyping. The deadline to apply for the CCMF is October 15th at 5pm.
Here’s a sampling of the types of startups that have benefited from the fund:
CashYou: a mobile app allowing for person-to-person payment through NFC, QR Code or online
ZeusControls: an automated system that controls at-home devices by detecting and learning from a person’s movements and usage habits
For those startups that have already determined that their target market is the Mainland, the CCMF also runs a ‘cross-border programme. The ‘Hong Kong – Guangdong ICT Young Entrepreneur Program’ is in support of youth between the ages of 18-30 who are still in university or are within three years of graduation. Program offerings include fostering startup connections between Hong Kong and the Mainland and business skills training.