Where there is need, there is a way.
More and more co-working spaces are coming to rescue the ever-growing Hong Kong startup community. Last week a brand new co-working space just opened in San Po Kong, Kowloon East.
It’s called The Loft, occupying a sprawling 8,000 square feet office space that provides relaxed atmosphere for peoples in creative industrials.
Hong Kong’s very own creative digital community Cyberport announced this week its latest three-year strategic plan with further investment of HK$200 million to expand its current support for the ICT industry over the years 2014 to 2017. This is really great news for the whole Hong Kong startup community.
According to Cyberport, the past investment of HK$121 million into public mission in the first three-year plan has reaped great success. It has granted over 100 projects funding through the Cyberport Creative Micro Fund (CCMF) and admits over 200 start-ups under the Cyberport Incubation Programme.Altogether, Cyberport’s beneficiaries were able to secure over HK$93 million in funding from local and overseas investors since the initiation of the current three-year plan.
Last month, Google Executive Chairman Eric Schmidt visited Hong Kong and announced that Google will be partnering with The Chinese University of Hong Kong on a program to help students and young entrepreneurs in Hong Kong to innovate and connect with the global community. Now the program, Empowering Young Entrepreneurs (EYE), is officially open for applications. University students and young entrepreneurs can apply from December 10th, 2013 to January 20th, 2014.
