Incubation and Acceleration Programmes

Incubators and accelerators in Hong Kong are tailored to provide you with the ultimate support on your entrepreneurial path to success. You are one step closer to executing your brilliant idea. Take a look and see which one fits you best.

Ablaze

+

Ablaze is a newly launched program run by Ablaze Idea Lab in partnership with New Media Group which aims to nurture startups in the online media and consumer marketing segment

The program plans to invest with HKD500,000+ in marketing and media exposure for each new startup. And will assist to line up appropriate partnerships and connections to enable idea commercialization. Co-working spaces will be provided when needed, and startups will be able to access New Media’s resources and facilities for editorial support and content creation.
Ablaze is looking for startups that have a good fit either with industry relevancy (relate to Travel, Eat and Dine, Teens, Fashion/lifestyle, Beauty/Women, Parenting) or discipline relevancy (digital adverting and media, Content marketing / distribution, Consumer products / services, Marketplaces / E-commerce, Audience analysis and measurement)

The Applications is accepted throughout the year, and the next review application deadline is on 30 June 2017. It’s a 6-month program to start with, and if the concept of the startup performs well during the period, the program will also arrange further support afterwards.

More Information Arrow Image

Brinc Ltd

+

Brinc Ltd was established in 2014 to accelerate connected technology hardware product startups from the ideation stage through business development, consumer validation, manufacturing support and distribution. Based in Hong Kong with offices in Shenzhen and Guangzhou, Brinc is now an investment fund and acceleration platform built specifically to support a new generation of hardware entrepreneurship.

Its platform offers Internet of Things (IoT) startups investment, services and access to a unique ecosystem of partners in production, sourcing, logistics, manufacturing and distribution, to ensure on-time delivery of order fulfilment.

More Information Arrow Image

Betatron

+

Betatron is a four-month, startup accelerator programme, run by entrepreneurs, for entrepreneurs. Five startups will be selected with the first programme beginning on 13th February 2017. To provide maximum value, the chosen cohort, as a group, will be provided dedicated workspace at WeWork in Causeway Bay for up to three members of each team.

Startups chosen will receive US$30,000. In return, Betatron will issue a SAFE (simple agreement for future equity) note allowing them to receive the right to purchase stock in the next equity financing round when/if it occurs. The startups will get mentorship and guidance from seasoned entrepreneurs, marketers, growth hackers, investors, operators, designers, software architects as well as industry specialists, and the opportunity present their business during its concluding pitch event.

The Betatron Accelerator Programme is a partnership between IC Studio, MindWorks Ventures, Vectr Ventures, CoCoon Ignite Ventures and the Aria Group.

Applications close on Friday 16th December 2016. To apply, please visit: betatron.co/apply

More Information Arrow Image

Cyberport Incubation Programme

+
Target Industry:

ICT-related Areas

Purpose:

To support the development of the Hong Kong ICT industry by providing incubated companies with access to advanced facilities and resources, support in business development, financing & hiring of graduate interns, as well as entrepreneurship and technology training.

Eligibility:

1) A registered company in Hong Kong or plan to form one soon;

2) Have sufficient funds, or have plans or potential to raise sufficient funds to operate for at least one year;

3) Develop a new project/product in ICT sectors

Support/Funding Details:

a) On-site – HK registered start-ups with office at Cyberport, the maximum grant is HK$ 530,000 and will have a 24-month rent free office space

b) Off-site – HK registered start-ups with office outside Cyberport, the maximum grant is HK$ 330,000

c) Network – Overseas Start-ups, the maximum grant is HK$ 30,000

More Information Arrow Image

FinTech Innovation Lab by Accenture

+

Launched in 2014, the FinTech Innovation Lab, facilitated by Accentre, gives early and growth-stage companies the platform they need to develop and prove their proposition alongside the world’s leading banks. This 12-week mentorship program runs in New York, London and Hong Kong.

Held in a trusted, collaborative, non-sales environment, this innovative 12-week mentoring programme is an opportunity to work with potential future customers, validate propositions, gain valuable insights into the banking sector and develop strong relationships with senior industry executives.

The Lab is open to all types of financial technology, especially the areas below:

- Big-data analytics and predictive modelling
- Mobility
- Payment
- Risk management
- Security
- Social media and collaboration
- Infrastructure and operational technologies (hosting, data bases, storage, networking, IT management, etc)
- Alternative currencies

The Lab's selection committee is especially interested in products, tools and applications that:

- support real-time manipulation of large volumes of complex transactional data
- identify and address security concerns related to mobile or wireless device use
- monitor risk in real time to support regulatory compliance and rapid response to threats
- enable secure database outsourcing to cloud environments
- facilitate efficient application programming interface (API) management
- analyse social media to support customer relationship management and regulatory compliance

More Information Arrow Image

Hong Kong Design Centre's Design Incubation Programme

+
Target Industry:

Product/Fashion/Branding or Packaging/Jewelry/Visual or spatial arts/Media and communication/Interior or architecture

Purpose:

To nurture start-up companies in the design and creative fields. Throughout this two-year incubation period, successful applicants (incubatees) will enjoy assistance in many areas including office premises, business development support, and a series of tailor-made training programmes and networking sessions with industrial organizations, academic institutes, professional bodies, and potential business partners.

Eligibility:

Start-up companies from design disciplines (not more than three years), and still in its early stage of development

Support/Funding Details:

a) Operating Expenses Assistance: HK$ 16,000 – HK$ 64,000;
b) Promotion and Development Assistance: HK$ 40,000 – HK$ 160,000;
c) Technical and Management Training Assistance: HK$ 48,000 – HK$ 192,000;
d) Total maximum amount: HK$ 260,000

More Information Arrow Image

Hong Kong Science and Technology Parks Corporation's Incu-App Programme

+
Target Industry:

Web based application/Smartphone based Apps/PC or internet or smartphone console games

Purpose:

To provide start-up support to those companies working on web technologies during their inception stages

Eligibility
  1. An applicant must be a Hong Kong registered technology start-up company established for no more than two years before the date of application. HKSTP may request for proof including but not limited to audited financial report of the company.
  2. Founding team members must hold more than 50% of the company at the time of application submission. Founding members must be individual shareholders or non-operating holding companies (as reflected by the Articles of Association or any other valid proof).
  3. Minimum one full time staff in the company, and all staff must be able to work in Hong Kong legally. The team of full-time engineers and technologists must, individually or collectively, own at least 10% of the company's equity. If the applicant has technology from a University and the applicant is approved by the said University, any shares held by the founding university professor(s) shall count towards the 10% equity ownership requirement.
  4. At least 50% of full time staff must be engaged in technology related work.
  5. Implementation of R&D activities at the Incubation Centre. It cannot operate a sales and marketing office only.
  6. No retail activities or massive production at the Incubation Centre.
  7. The applicant's office and work bench set up at the Incubation Centre must be environmentally friendly (i.e. must not create smell, noise or other elements which may disturb others) and should not handle hazardous materials, and must be able to operate in an office building
  8. Normally, a shareholder working for the applicant cannot be a shareholder or former shareholder who is working for or worked for any of the following:

           i.     more than two other companies in the same field as applicant that have previously joined and failed to graduate from any incubation programme operated by HKSTP, Hong Kong Cyberport Management Company or Hong Kong Design Centre (together the “HK Incubators”);

          ii.     a company in the same field as applicant that has previously joined and graduated from any incubation programme operated by any of the HK Incubators; or

        iii.     a company in the same field as applicant currently in any incubation programme operated by any of the HK Incubators.

  9. Requirement of less than 1,600 square feet of office space

Note:

1. In case of successful application, the applicant needs to fulfill the admission criteria throughout the incubation period, and maintain at least one full-time staff member at the office at Hong Kong Science Park Technology Incubation Centre, where they should conduct the core R&D.

2. The applicants should have a full disclosure of shareholder's identity and holding (up to the top level) of the applying entity. The general guideline is that should there be corporate shareholders, they should not be mature companies in the same industry involving R&D of the same or similar products.

Support/Funding Details:
  • Office Space and Facilities
  • Technical and Management Assistance
  • Promotion and Development Assistance
  • Business Support
  • Financial Aid Package

 

More Information Arrow Image

Hong Kong Science and Technology Parks Corporation's Incu-Bio Programme

+
Target Industry:

Bio-Tech/Therapeutics/Chinese Medicine/Medical Devices/Diagnostics

Purpose:

A four-year assisting programme available for biotechnology start-up companies which need wet lab environment for their operation. Throughout the incubation period, we offer an independent lab space in Biotech Incubation Centre in Hong Kong Science Park with subsidised rent, and various supporting services such as business development support, collaboration with university and industry, training, technology support facilities and financial aid package

Eligibility:
  1. An applicant must be a Hong Kong registered technology start-up company established for no more than two years before the date of application. HKSTP may request for proof including but not limited to audited financial report of the company.
  2. Founding team members must hold not less than 33% of the company at the time of application submission. Founding members must be individual shareholders or non-operating holding companies (as reflected by the Articles of Association or any other valid proof).
  3. At least two full-time staff in the company; and all staff must be able to work in Hong Kong legally. The team of full-time engineers and technologists must, individually or collectively, own at least 10% of the company’s equity. If the applicant has technology from a University and the applicant is approved by the said University, any shares held by the founding university professor(s) shall count towards the 10% equity ownership requirement.
  4. At least 50% of full time staff must be engaged in technology related work.
  5. Implementation of R&D activities at the Incubation Centre.  It cannot operate a sales and marketing office only.
  6. No retail activities or massive production at the Incubation Centre.
  7. The applicant’s office and work bench set up at the Incubation Centre must be environmentally friendly (i.e. must not create smell, noise or other elements which may disturb others) and should not handle hazardous materials (except in wet labs of Biotechnology Small Enterprise Centre adhering to HKSTP published safety standard and guidelines), and must be able to operate in an office building.
  8. Normally, a shareholder working for the applicant cannot be a shareholder or former shareholder who is working for or worked for any of the following:

           i.     more than two other companies in the same field as applicant that have previously joined and failed to graduate from any incubation programme operated by HKSTP, Hong Kong Cyberport Management Company or Hong Kong Design Centre (together the “HK Incubators”);

          ii.     a company in the same field as applicant that has previously joined and graduated from any incubation programme operated by any of the HK Incubators; or

        iii.     a company in the same field as applicant currently in any incubation programme operated by any of the HK Incubators.

  9. Requirement of less than 1,600 square feet of office space

Note:

1. In case of successful application, the applicant needs to fulfill the admission criteria throughout the incubation period, and maintain at least two full-time staff members at the office at Hong Kong Science Park Technology Incubation Centre, where they should conduct the core R&D.

2. The applicants should have a full disclosure of shareholder’s identity and holding (up to the top level) of the applying entity. The general guideline is that should there be corporate shareholders, they should not be mature companies in the same industry involving R&D of the same or similar products.

Support/Funding Details:
  • Office Space and Facilities
  • Technical and Management Assistance
  • Promotion and Development Assistance
  • Business Support
  • Financial Aid Package
More Information Arrow Image

Hong Kong Science and Technology Parks Corporation's Incu-Tech Programme

+
Target Industry:

IT & Telecommunication/Electronics/Precision Engineering/Green Technology

Purpose:

A three-year assisting programme available for technology start-up companies. Throughout the incubation period, we offer an office space in Technology Incubation Centre in Hong Kong Science Park with subsidized rent, and various supporting services such as business development, collaboration with university and industry, training, technology support facilities and financial aid package

Eligibility:
  1. An applicant must be a Hong Kong registered technology start-up company established for no more than two years before the date of application. HKSTP may request for proof including but not limited to audited financial report of the company.
  2. Founding team members must hold more than 50% of the company at the time of application submission. Founding members must be individual shareholders or non-operating holding companies (as reflected by the Articles of Association or any other valid proof).
  3. At least two full-time staff in the company; and all staff must be able to work in Hong Kong legally. The team of full-time engineers and technologists must, individually or collectively, own at least 10% of the company's equity. If the applicant has technology from a University and the applicant is approved by the said University, any shares held by the founding university professor(s) shall count towards the 10% equity ownership requirement.
  4. At least 50% of full time staff must be engaged in technology related work and based in Hong Kong Science Park.
  5. Implementation of R&D activities at the Incubation Centre. It cannot operate a sales and marketing office only.
  6. No retail activities or massive production at the Incubation Centre.
  7. The applicant's office and work bench set up at the Incubation Centre must be environmentally friendly (i.e. must not create smell, noise or other elements which may disturb others) and should not handle hazardous materials (except in wet labs of Biotech SME Centre adhering to HKSTP published safety standard and guidelines), and must be able to operate in an office building.
  8. Normally, a shareholder working for the applicant cannot be a shareholder or former shareholder who is working for or worked for any of the following:

           i.     more than two other companies in the same field as applicant that have previously joined and failed to graduate from any incubation programme operated by HKSTP, Hong Kong Cyberport Management Company or Hong Kong Design Centre (together the “HK Incubators”);

          ii.     a company in the same field as applicant that has previously joined and graduated from any incubation programme operated by any of the HK Incubators; or

        iii.     a company in the same field as applicant currently in any incubation programme operated by any of the HK Incubators.

  9.  Requirement of less than 1,600 square feet of office space.

Note:

In case of successful application, the applicant needs to fulfill the admission criteria throughout the incubation period, and maintain at least two full-time staff members at the office at Hong Kong Science Park Technology Incubation Centre, where they should conduct the core R&D.

The applicants should have a full disclosure of shareholder's identity and holding (up to the top level) of the applying entity. The general guideline is that should there be corporate shareholders, they should not be mature companies in the same industry involving R&D of the same or similar products.

Support/Funding Details:
  • Office Space and Facilities
  • Technical and Management Assistance
  • Promotion and Development Assistance
  • Business Support
  • Financial Aid Package
More Information Arrow Image

SOW Asia i2i Accelerator Programme

+

SOW Asia’s i2i (incubation to investment) accelerator programme is Hong Kong’s first and only accelerator programme exclusively targeting social enterprises. The three-month program has three key components, all aimed at bringing your social enterprise from the proof-of-concept stage to investment-ready status:

- Diagnostic Workshop: define and scale your impact, clarify and improve your business model, and refine your pitch with SOW Asia’s team of dedicated consultants

- Action Planning with Board Advisors: weekly meetings with advisors and SOW Asia team to improve on problem areas identified through the consultancy workshop

- Pitch Nights: showcase your business to SOW Asia’s investor network (philanthropists, impact investors and angel investors). Where there is alignment, SOW Asia may also invest or co-invest.

The advantage of the i2i Accelerator stems from it its customised curriculum, tailored to your enterprise’s particular challenges. Rather than simply providing general information about your sector through lectures and seminars, SOW Asia’s full-time consultants and highly-qualified board collaborate directly with your team, maximising the attractiveness of your business plan and pitch deck for potential investors.

60% of start-ups we have worked with secured funding. 300+ angel/impact investors, 200+ professionals, and 100+ peer-entrepreneurs in the SOW Asia network, all working together to scale your social enterprise and secure investment.

Eligibility:
- Hong Kong-based early-stage social enterprise with at least two co-founders
- Prototype or proof-of-concept stage for product or service already developed
- Organsiation seeking to achieve both business sustainability and social impact

Free of charge; no equity taken. Applications reviewed on rolling basis. Accepted applicants grouped into the three-month intensive program (Fall / Winter / Spring Cohorts) that best suits their needs.

More Information Arrow Image

SuperCharger

+

SuperCharger is a fintech accelerator based in Hong Kong with a unique model of accepting applications from both early stage startups and established scale-ups. It benefits the Accelerator’s participants by bringing them access to go-to-market resources, outstanding mentorship, as well as unrivalled technology and expert advice in areas such as market entry, regulatory obligations, and joint-venture opportunities.

SuperCharger is backed by Standard Chartered Bank, Fidelity International, Cyberport, Microsoft, HKEX, VISA, Baker & Mckenzie, University of Hong Kong and various supporting ‚Äč‚Äčorganisations.

They are looking for companies with innovative solutions in the following areas, including but not limited to:
1. Payments/processing
2. Security/fraud solutions
3. Regulatory and compliance solutions/RegTech
4. Big data and analytics
5. Lending
6. Asset/wealth management products
7. Bitcoin/cryptocurrencies
8. P2P Lending
9. Crowdfunding
10. InsurTech

More Information Arrow Image

The Cage

+

The Cage is a full-time, 12-week programme powered by The Lane Crawford Joyce Group that offers intensive mentorship to startups developing technologies and/or services that apply to fashion and lifestyle retail, as it relates to our core businesses.

Each programme will work to a specific theme. The inaugural programme kicking off in September 2016, calls for start-ups with a prototype that can be developed and applied to Innovating the Customer Experience.

There are many definitions of Customer Experience, but we believe – at its core – it is the perception of your brand and the emotional connection the customer has through interactions with any part of your organisation by any channel, in person and via any device. This includes awareness, discovery and exploration, use and purchase, loyalty as well as advocacy. We want to explore how technology plays a part in improving and optimising any part of that experience.

More Information Arrow Image