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.