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.

Programme Benefits

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

Admission

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.

  1. Executive Summary
  2. Products/Services to be developed
  3. Research and Development Content and Plan
  4. Sales and Marketing Plan
  5. 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

Assessment Procedure

Step 1: Submit the application form online with supporting documents

Step 2: Shortlisted applicants will be invited to the Admission Panel Meeting

Application Timeline

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