Even though its population is significantly smaller than the rest of China’s, or most countries for that matter, Hong Kong is a key location for business entrepreneurs and investors in Asia. As the financial hub of Asia, with a more developed system for new business, entrepreneurs are relatively common in Hong Kong.
Business entrepreneurs and start-ups get a sort of admiration in Hong Kong, and there are many stories about successful franchises originating from one entrepreneur’s start-up idea. Various people have stated how Hong Kong’s status was built from its economic freedom, and not via its government.
Many entrepreneurs in Hong Kong have started to investigate other markets such as China for potential investment, even though entrepreneurial pursuits and angel investment are relatively new there. Sites like the Hong Kong branch of the Angel Investment Network hope to give these business entrepreneurs even further reach into these markets, with the ability to share business ideas with investors located around the world.
Young Entrepreneurs in Hong Kong
Businesses in Hong Kong also promote entrepreneurship amongst younger people, with annual events such as the Young Entrepreneur Awards (YEA), run by major international companies based in Hong Kong, such as HSBC.
When it comes to business, for many individuals the standard 9-5 office job, where you work your way up the career ladder is no more. Today, with the gig economy and many individuals working freelance for themselves, the natural progression is towards launching your own business and being self-starting. This is very common in Hong Kong where individuals see pride in starting up their own businesses.
Entrepreneur Clubs in Hong Kong
Several entrepreneurial groups have formed in Hong Kong over the past few years, such as the “Entrepreneurs Club” and “HK Women Professional & Entrepreneurs Association”, plus local events such as the “Hong Kong Web Start-Up Meet-Up”
This hopefully is a sign of things to come, as business entrepreneurs in Hong Kong start to connect with each other online.
How The Angel Investment Network Can Help
If you’re an entrepreneur that is looking for funding for a start-up or established business in Hong Kong, then the Angel Investment Network can help by connecting you with angel investors looking for business opportunities.
You can add your business opportunity onto the Angel Investment network and prospective investors can contact you if they are interested in funding it. The good thing about the Angel Investment Network is that it operates locally in Hong Kong but has access to the wider network which is global. This means that although you may be able to find a local investor that is based in Hong Kong, you are not limited to this. Business is global and so is the Angel Investment Network.
This means that if you’re an entrepreneur with a business idea that focuses on the Hong Kong marketplace you can find an investor local to you that can help with funding and even mentoring in some cases. However, if your business idea targets an overseas market or even the global arena then you may wish to find an investor from further afield with experience in other markets. This can help open up some doors into markets that you have little to no experience in, leveraging your investors knowledge and experience to benefit you both.