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2023 Startup Survey revealed new record high of startups in Hong Kong |
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InvestHK has been tracking the development of Hong Kong’s startup ecosystem since 2015 and over that time we’ve seen the number of startups grow 150%. The city’s startup ecosystem has demonstrated remarkable resilience, and continued to grow in 2023. Despite various external challenges, Invest Hong Kong’s 2023 Startup Survey showed a new record high of more than 4,250 startups, among which 26% of the founders were non-locals, with the top origins being Mainland China, the United Kingdom, the United States, France and Australia.
The encouraging result is a testament to Hong Kong’s attractiveness to startups contributed by favourable factors such as our simple tax system and low tax rate, accessibility to international and regional markets, accessibility to funding, business opportunities in Mainland China, and free flow of information, encouraging them to use Hong Kong as a base for their business to access the Guangdong-Hong Kong-Macao Greater Bay Area and the rest of Asia.
For more details of the results, please see the full 2023 Hong Kong Startup Survey.
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4th Annual Technology for Change Asia
Date : 27-28 February 2024
Venue : Grand Hyatt Hong Kong |
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Join 300 solutions-oriented leaders from across Asia-Pacific to discover the latest technology solutions resonating with today’s socially conscious consumers, attracting and retaining talent, and contributing to positive social change. The event will also explore how pioneers at the cusp of the technology curve are addressing digital and financial inequality, access to food and education, and mitigating climate change, and shaping the future of AI. |
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| Event Details |
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ParticleX Urbantech Global Challenge (PUGC)
Date : 16-17 March 2024 |
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| The PUGC connects startups with corporates, angel investors, and incubators, fostering collaboration and accelerating innovation to tackle important issues facing urban environments in six categories, namely Real Estate & Built Environment, Infrastructure, Energy & Utility, Transportation & Mobility, Food Supply, Public Health & Safety, Circular Economy, Cleaning & Waste Management, and Lifestyle, Culture & Education. |
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| Event Details |
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Elevator Pitch Competition (EPiC) 2024
Date : 26 April 2024 (Grand Finale)
Venue : Hong Kong Science Park |
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| EPiC is a unique, worldwide competition for global startups to expand their footprints into Mainland China, Asia and beyond. If you’ve got the passion, expertise and business model to disrupt Asia’s FinTech, PropTech or MobilityTech sectors, don’t miss this opportunity! Gain exposure across our extensive network of investors and corporate partners, and accelerate your business in the world’s fastest growing region. |
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| Event Details |
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| GRST |
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| Sprout |
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| A big congratulations to GRST, the first Hong Kong startup to be named a winner at the Earthshot Prize 2023! With their invention of a water-based lithium battery manufacturing and recycling technology, GRST offers a pathway to make future electric cars even cleaner, and further reduce our carbon footprint as the world marches towards net zero emissions by 2050. |
Hear from Andy Lee, CEO & Co-founder of Sprout on how he supports startups and scaleups in resolving ownership management issues and succeed in fundraising by leveraging his 20+ years of experience across different industries and regions. |
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| Read more |
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| Learn more |
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StartmeupHK is an initiative by InvestHK aimed at helping founders of innovative and scalable startups from overseas to set up or expand in Hong Kong. Our services include providing information about the startup ecosystem here in Hong Kong, connecting people to the startup community, hosting startup events and helping to foster a positive environment for startups to thrive.
Get in touch now: startmeup.hk |
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Find us on: |
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www.startmeup.hk |
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