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Startups in Hong Kong can get up to US$82,000 through a a new incubation programme launched by the Hong Kong Science and Technology Park
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The Hong Kong SAR Government recently launched a new incubation programme for startups via the Hong Kong Science and Technology Park (HKSTP).
The Incu-Tech Programme is a three-year assistance program available for technology startup companies. Throughout the incubation period, Incu-Tech offers an office space in the Small Enterprise Centre in the HKSTP with subsidized rent, as well as various supporting services such as business development, collaboration with university and industry, training, technology support facilities and financial aid package.
Startup companies engaged in IT/telecommunication, electronics, precision engineering, green technology and biotechnology are welcome to take part in the program.
The aid package and reduced rental, provided over the three-year incubation period, are provided based on the condition that incubatees meet certain milestones to be acheived every 6 months as stated in their approved business plans. The achievement of these milestones relates to the business development, and including product development progress, HKSTP support services usage, sales and projected profit and number of staff employed.
For admission requirements, check out the following link, http://www.hkstp.org/incu/incu/incuTech.jsp?lang=en. Don't miss it if you are a Hong Kong based startup or considering starting one out in Hong Kong. |
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