Deadline To Apply Is Today: Hong Kong’s Nest Joins Barclays and Techstars in Launching a New Accelerator Program

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No startup has let rain and hail scare off their mission to change the world!

As an established financial center and growing tech hub, Hong Kong is a prime environment to build a FinTech startup. Running the gamut from Bitcoins exchanges to crowdfunding for equity platforms, we’ve welcomed new startups to the scene in the past year and can only expect more to follow.

Over the weekend, Hong Kong-based investment incubator NEST teamed up with banking giant Barclays and US-based accelerator Techstars to create the Barclays Accelerator Program. This London-based accelerator program gives startups a chance to be mentored by FinTech experts, entry into the Techstars alumni network and the opportunity to pitch at two prestigious demo days.

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BallerHK: Uber Launches Hong Kong Pop-Up Over Rugby Sevens Weekend

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Uber – the ride request app – is finally in Hong Kong right now – but for this weekend only!

To help with the craziness of this weekends Rugby Sevens in Hong Kong, starting today till Sunday you can actually use the Uber app in Hong Kong to request a car.

We were invited to a launch party of the Uber Hong Kong Pop-up and if you’ve heard of Uber and have never had a chance to experience it, its worth a try. Fire up the app, tell it where you are and a car will come to pick you up. You put your credit card payments details in the app so you don’t have to pay cash when you leave and an electronic receipt is emailed to you with driving route, average speed and time/distance. It’s really quite cool, albeit more expensive than a typical red taxi in Hong Kong but sometimes you want to go Mercedes instead of Toyota.

Try it out and tell us what you think! We think the app is great and a good way for local transport startups to see what Uber looks like and the experience it gives its customers.

Follow what they are doing on Twitter @Uber_HK and see photos on their Instagram feed.

HongKongVisaCentre.com’s Stephen Barnes Gives Advice to Startups Seeking Business Investment Visas in Hong Kong

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Hong Kong’s immigration environment is far from unfriendly.

According to the Immigration Department’s facts and statistics, almost 29,000 professionals from all sectors and nearly 100 countries received employment and investment visas in 2012. In the past, the Immigration Department has had a track record of introducing new initiatives to reflect the realities of Hong Kong’s economic circumstances.

But what if you’re an early stage startup bootstrapping and coding your way to glory? How does the immigration department view small companies with a big heart but only a modicum of cash?

The cold hard truth is that they’re usually viewed quite unfavorably.

According to Stephen Barnes, immigration expert and co-founder of the Hong Kong Visa Centre, in order to make the cut for a business investment visa (required for foreign nationals), startups have to first satisfy an approvability test which is proof that the company can make a substantial contribution to the economy of Hong Kong.

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