Science and Technology Entrepreneur Programme – Application Will Close Soon!
The Science and Technology Entrepreneur Programme (STEP) is a one-year startup support programme designed to nurture tech-focused entrepreneurs to become successful startups and help them turn their brilliant ideas into reality.
Through the programme, entrepreneurs will receive all-rounded support from HKSTP to acquire the essential skills to launch their new ventures. Apart from business model design and investment training, they will also receive guidance on fine-tuning ideas and technical development.
Participating entrepreneurs or startups will also have access to HKD$ 100,000 seed funding and a co-working space during the 12-month programme to realise their ideas.
To maximise the effectiveness the programme, a series of training will be arranged for the participants covering the following topics:
- Hong Kong’s startup ecosystem
- Technical skills on the latest technologies
- Business model and business plan
- Pitching preparation
- Investment and finance
- Funding support in Hong Kong
Individuals, companies and teams who meet the following criteria are welcomed to join the STEP programme:
- Hong Kong Identity Card (HKID) holders aged 18 or above OR
- Companies incorporated in Hong Kong for less than 1 year OR
- Team applicants that incorporate and register a company in Hong Kong before starting the programme
Business Proposal Writing
A Business Proposal is expected to be precise and concise, be delivered in Powerpoint format with minimum 10 pages but no more than 20 OR 3 mins video, covering items listed as follows.
- Executive Summary
- Products/Services to be developed
- Research and Development Content and Plan
- Sales and Marketing Plan
- Management and R&D team
Qualitative Assessment Criteria
- The quality and competence of the individual/team
- A sound business plan
- The quality of being innovative
- R&D content
Step 1: Submit the application form online with supporting documents
Step 2: Shortlisted applicants will be invited to the Admission Panel Meeting
Application period: 2 December 2019 (00:00) – 17 Jan 2020 (12:00 noon)
Assessment Invitation by email (Shortlisted applications only): 12 February 2020
Admission Panel Meeting (Shortlisted applications only): 24 – 28 February 2020
Due Diligence Meeting (Approved applications only): 9 March 2020
Result Announcement: 23 March 2020
Programme website: https://www.hkstp.org/en/how-we-serve/pre-incubation/science-and-technology-entrepreneur-programme/?utm_source=hkstp&utm_medium=facebook&utm_campaign=STEP%20promo%20Chi&fbclid=IwAR1Hn49_JXXMWh8-KnSfTkvwO8Z3s_UDddG-eytwfgVt-565fQTPnZxgqBw