InvestHK announces 2013 StartmeupHK Venture Programme Semi-finalists

19 September 2013
InvestHK announces 2013 StartmeupHK Venture Programme Semi-finalists

Invest Hong Kong (InvestHK) today (September 19) announced the 22 semi-finalists of its 2013 StartmeupHK Venture Programme.

The department received 384 entries from 39 countries and cities including the United States (US), Israel, the United Kingdom (UK), Canada, India, Malaysia, Korea and Japan. Local entries were strong, with 70 ventures based in Hong Kong vying for one of the 12 finalist places in this year’s Venture Programme.

The 22 semi-finalists include eight ventures from the US, three from Canada, two each from Hong Kong and Israel, and one each from Denmark, France, India, New Zealand, Spain, Sweden and the UK. Their ventures range from air pollution monitoring to a sports coaching application, robotics, sustainable packaging, interactive communications solutions and more (see table below)

Each semi-finalist was chosen by the assessors for the scale of the problem/opportunity being addressed, the effectiveness of the solution and its impact, their venture’s viability, sustainability and scalability, and the economic benefit to Hong Kong in terms of knowledge and skills, job creation, social and environmental value, etc.

These 22 semi-finalists will be interviewed by assessors at the end of September to become one of the 12 Finalists who will take part in the StartmeupHK Week from 4-7 December in Hong Kong. At the culmination of this year’s programme, the Venture Forum on 5 December, three Grand Award Winners will be chosen by the judges and attendees.

InvestHK’s Director-General of Investment Promotion, Simon Galpin, said he was delighted by the quality of the successful entrants and their diverse geographic and sector origins.

“I am happy to see that the proposals are of such high quality and that they come from so many different countries and cities. I am particularly impressed with the creativity shown by many of these ventures. This is exactly the kind of business creativity we would like to further develop in Hong Kong, to help encourage our homegrown startup culture,” Mr Galpin said.

Details of the StartmeupHK Venture Programme 2013 are available on the dedicated website www.startmeup.hk. The site offers a one-stop portal to the city’s startup community, and is the first such Hong Kong Government portal on startups. It also lists the latest startup events and signposts users to various government incentive and incubation schemes.

 

Invest Hong Kong 2013 StartmeupHK Venture Programme Semifinalists

Name of Company

Origin

Business

AYKOW

France

Earthquake forecasting device

Coachbase Ltd

Hong Kong

Sports coaching application

D’Arcy Polychrome Ltd

New Zealand

Polychromatic pigment paint

Forus Health Pvt Ltd

India

Medical pre-screening devices

FundedByMe

Sweden

Crowdfunding platform

Global Spatial Technology Solutions

Canada

Data monitoring

Hanson Robotics

US

Robotics manufacturing

IT Central Station

Israel

Social media platform

LiTHIUM BALANCE

Denmark

Battery management system

Metail

United Kingdom

3D clothes fitting

Moebius Medical Ltd

Israel

Joint damage reduction technology

Nephosity, Inc

US

Medical imaging

Phoenix Depot International Inc

Canada

Recycling of oil-based waste for clean fuel

Pinnacle Engines

US

Energy-efficient engines

PulpWorks, Inc

US

Sustainable packaging

RnR Associates

Canada

Product design

Sanguine Biosciences, Inc

US

Biomarker and drug discovery research

Stretch Payment Solution Inc

US

Financial technology

VajraSoft Inc

US

Intellectual property portfolio management

Viclone

Spain

Interactive communication solutions

Wifinity Ltd

Hong Kong

IoT (Internet of Things) platform

BIManywhere (Zimfly, Inc)

US

Mobile Building Information Modelling (BIM) system

About InvestHK 

InvestHK is the department of the Hong Kong Special Administrative Region (HKSAR) Government established in July 2000 to take responsibility for Foreign Direct Investment (FDI) and support overseas, Mainland and Taiwan businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong’s vibrant economy. As at 4 September 2013, InvestHK has completed 3,000 investment projects creating more than 33,950 new jobs in the first year of operation or expansion and over HK$78.6 billion of investment. For more information, please visit www.investhk.gov.hk.

 Ends/Thursday, September 19, 2013