PolyU Announces Two New Funding Programs For Hong Kong Startups; Grants of Up to HK$1 Million

December 2, 2014 by Iris Leung

polyu
PolyU announced two new funding programs to support tech startups last week, on top of their existing ‘Micro Fund’ and ‘STEFG-PolyU China Entrepreneurship Fund’ – which offers up to $200,000 RMB of funding.

The first is the HKSTP-PolyU Tech Incubation Fund (TIF) and PolyU Tech Launchpad Fund (TLF), which are backed by the Hong Kong Government’s ‘Technology Startup Support Scheme for Universities.’

‘Tech Incubation Fund’ (TIF)

PolyU teams up with Science Park to offer seed funding of HK $100,000 with incubation support and office space – for a total support package worth up to $745,000. Tech startup teams made up of PolyU students, alumni or staff established for less than two years are encouraged to apply.

‘Tech Launchpad Fund’ (TLF)

The TLF is structured as an collaborative program where PolyU and investors will match dollar-for-dollar up to a maximum grant of HK $1 million and applications are open to startups that are currently in, or have graduated from Hong Kong incubation programs such as the PolyU Micro Fund, HKSTPC or Cyberport. [Read more…]

Filed Under: News Tagged With: HKSTP-PolyU Tech Incubation Fund, MailTime, PolyU Micro Fund, PolyU Tech Launchpad Fund, Sensbeat, STEFG-PolyU China Entrepreneurship Fund, Umbrella Here

StartupsHK Meetup on Tuesday With Gabriella Draney, the Co-Founder of Dallas-Based B2B Accelerator Tech Wildcatters

November 29, 2014 by Iris Leung

Draney
Earlier this year, Cyberport led a delegation of Hong Kong startups to the US where they got to check out Silicon Valley’s culture and mingle with their investors and entrepreneurs. This time, the US is coming to us.

Dallas-based B2B seed accelerator Tech Wildcatters will be visiting Hong Kong to get to know our startup scene – and we’ll be hosting a meetup at Garage Society for them this Tuesday from 7-9pm.

Globestart, which is their international initiative, has been bringing their US startups to Silicon Valley, Las Vegas, Amsterdam, Berlin and London to bridge connections and create a soft landing for companies interested in those markets. Now, they’re looking to Hong Kong and Singapore.

The idea is to facilitate an exchange between the east and the west. While Hong Kong can offer support in the way of helping American startups launch and set up offices, our entrepreneurs can expect the same kind of hospitality from Dallas and their network throughout the US.

[Read more…]

Filed Under: News Tagged With: Gabriella Draney, Garage Society, Globestart, Tech Wildcatters

Hong Kong’s Nest Investment Teams Up With AIA to Launch an Accelerator For Wearable Healthcare Startups

November 25, 2014 by Iris Leung

aia
This year has stirred Hong Kong into an accelerator-launching frenzy as many corporates seize the opportunity to enter the tech investment space.

Besides Accenture’s ‘FinTech Innovation Lab’ launching back in June, Swire Properties’ ‘blueprint’ for B2B startups has also arrived on the scene. And now? Pan-Asian life insurance group AIA teams up with investment incubator Nest to create a new accelerator program for wearable tech and healthcare startups.

The 12-week program, which is ‘no strings attached’ and free to startups, will bring on eight companies where they’ll be supported through their business growth and development journey.

“Entrepreneurs often try to develop solutions to problems that are most relevant to their daily lives,” said Simon Squibb – CEO of Nest Investments. “Since healthcare and lifestyle are big on the priority list for people in Asia, we believe startups in this region are particularly well-placed to disrupt the future of industries like healthcare and insurance.”

[Read more…]

Filed Under: News Tagged With: AIA, AIA Accelerator, amazon, Microsoft, Nest Investments
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