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. 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.

BRINC LTD

Brinc is an ultra hands-on hardware accelerator, manufacturing studio, and distribution company that supports physical entrepreneurship. We offer comprehensive programs tailored for IoT, connected hardware, drones, and robotics startups looking for speed, access, and the know-how to build successful companies.

BETATRON

Betatron invests in promising startups, refines their business models and fast-tracks them to grow and scale over an intensive four-month period. Applications open regularly.

Betatron are vertical and industry agnostic. The objectives are to optimize startups’ business model, position them to scale, and then help them raise their first institutional investment round.

Each startup will be assigned a lead mentor from one of Betatron’s partners who will work intensely with their startup founders. Based on the needs of each startup, mentors from different industry segments and specialities will be plugged into each startup to help optimize the business.

Each startup will receive US$70,000 funding via a SAFE (Simple Agreement for Future Equity) note. Each startup will also be provided free coworking space at the Betatron Lab.

To apply, please visit: www.betatron.co/apply

Further information on Betatron can be found on our FAQ: www.betatron.co/faq

For updates please subscribe to their mailing list at: www.betatron.co

COCOON INCUBATION

With connected networks, events and programs, CoCoon Incubation helps entrepreneurs and start-ups to meet the right resources that aim to accelerate their growth.

CYBERPORT INCUBATION PROGRAMME

Target Industry:

Fintech, AI/Big Data, eCommerce, Education Tech, IoT/Wearables, eSport, ICT-related.

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$ 330,000 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

Entrepreneur First

Entrepreneur First brings together the world’s most ambitious people to build startups from scratch in London, Singapore, Berlin, Paris, Hong Kong and Bangalore. We help individuals form teams, develop ideas, and subsequently raise funding from investors in order to build the world’s most important companies.

In Hong Kong, we run a 14 week program called EF Form. Upon joining, you are introduced to a diverse, highly selective group of smart and insightful people — all looking to start their journey as entrepreneurs. Once you find a co-founder, you then work together to develop your company’s core insight. Companies created at EF Form span a wide set of sectors, from affordable robotics to AI-driven investment management platforms.  During this period, EF provides a HK$30,000 monthly stipend for each cohort member.

At the end of the 14 weeks, if your team has an ambitious vision, you’ll likely need funding to get customers and build a product. EF makes an immediate investment of HK$450,000 in your company upon acceptance into EF Launch, a subsequent 12-week programme that provides continued guidance and a spot before hundreds of seed investors at Demo Day. 

We take two cohorts per year, late January and early August.  Applications close late November and late June respectively.

FASHION INCUBATION PROGRAMME (FIP) by Hong kong design centre

FIP is an advanced business of fashion incubator for ardent fashion talents and brands. 15 designers will be selected to join a 2-year programme over a 3-year period. FIP aggregates expert business and technical advisory, resources, tools & technical expertise and support to nurture a new generation of fashion designers and design entrepreneurs. FIP Designers will grow through personal development, creative confidence, contents, contexts, authenticity and conscious leadership.

FINTECH INNOVATION LAB BY ACCENTURE

Launched in 2014, the FinTech Innovation Lab Asia-Pacific facilitated by Accenture, gives early and growth-stage companies the platform they need to develop and prove their proposition alongside the world’s leading financial institutions. This 12-week mentorship programme runs in 3 locations across the globe (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 directly with potential future customers, validate propositions, gain valuable insights into the FS 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
– Infrastructure and operational technologies
– InsurTech
– Payments & processing
– Risk management
– Security
– SME Banking/Lending

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 alternative data to support customer relationship management and regulatory compliance

FOUNDER INSTITUTE

The Founder Institute is the world’s premier startup launch program for talented entrepreneurs. Based in Silicon Valley and with chapters across 60 countries, the Founder Institute’s mission is to “Globalize Silicon Valley” and build sustainable startup ecosystems worldwide.  Through a challenging and rigorous curriculum, they provide early-stage and aspiring entrepreneurs with the structure, training, mentor support, and global network needed to start an enduring company. Many leaders of the world’s fastest-growing startups have used this program to transition from employee to entrepreneur, test their startup ideas, build a team, get their first customers, raise funding, and more.

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.

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

HONG KONG SCIENCE AND TECHNOLOGY PARKS CORPORATION’S INCU-BIO PROGRAMME

Biotechnology is more vital than ever.

With increasingly stronger germs and alarming situations such as antibiotic-resistant bacteria, bio-tech is key to guaranteeing humanity’s survival. Biotechnology also has the potential to heal and even offer the next generation of devices that will redefine the field of medicine.

At HKSTP, our 4-year Incu-Bio programme offers the best-in-field startups an opportunity to improve our everyday lives

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.

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

INFINITI LAB

INFINITI LAB programs drive collaboration across the startup community. We connect entrepreneurs, and fuel their ideas with real-world business expertise and mentorship.

Kaleidoscope Lab

“Kaleidoscope Lab powered by The Hongkong Shanghai Hotels, Limited” is a 12-week residency program allowing HSH to bring technology innovation in-house. In 2018 we would like to invite two start-ups to join the team, based at the HSH Research and Technology Lab in Wong Chuk Hang in Hong Kong.

We believe this program is where heritage and innovation will come together.

LIME HK

LimeHK is a tailored acceleration program for early to middle stage startups by providing in-depth mentorship , introducing strategic business relations and essential startup resources. The key objective is to help our incubatees to be self sustaining, scale-up and get early investments. At LimeHK our goal is to work with your startup to gain business traction and raise funding as quickly as possible, which implies the founder team to have be very dedicated, passionate and flexible. We have a personalized program that will accelerate your startup within 3 to 6 months.

Moment Accelerator

Moment Accelerator creates opportunities – or moments in time – for startups and financial institutions to come together with the goal of accelerating industry transformation within the regtech and fintech space.

Just as a moment in physics is defined by a force acting at a distance on an object along its line of action, Moment Accelerator seeks to enable startups to discover their full potential – acting as a force multiplier to accelerate their growth within the regtech and fintech industry.

Nest

Connect • Collaborate • Scale

Nest operates corporate accelerator programmes, invests in startups and runs a global entrepreneurial community called Mettā. Nest has built an innovation ecosystem to connect the fast growing markets of Asia, the Middle East, and Africa. Our goal is to help entrepreneurs, corporates and governments to connect, collaborate and scale.

We provide access for startups to scale and commercialise; and corporates to foster innovation and future-proof their companies. Everything that we do is to empower businesses to achieve the extraordinary and drive positive impact in the world.

Scalabl

Scalabl is a People Capital, a new player in the Global Startup Ecosystem. We define ourselves in that way cause our focus is in transforming the world by developing one entrepreneur at a time: we differ in our view of the Startup Ecosystem by prioritizing knowledge, methodology and community/networking over seed stage investment (which we are convinced affects adversely entrepreneurs at that stage).

We work with global top-notch professionals, prospective entrepreneurs or experienced ones to build great companies by creating Scalable, Repeatable, Profitable and Sustainable Business Models. We also work with corporations on intrapreneurship and governments around the world on innovation and entrepreneurship policy advising.

In 2016 we were founded in Buenos Aires, Argentina. In 2017 we expanded to Mexico. In 2018 we are going global. We are already in Hong Kong, UK, India and United Arab Emirates and we will be launching Portugal too before year end.

We train in our unique methodology based on top-notch literature from main world universities (Stanford, MIT, Harvard, Kellogg, Singularity) and Corporations (e.g. Google) in our Scalabl Academy, which allows prospective or high potential Entrepreneurs to turn an idea into a company, or an existing venture into a scalable one, in a 1 month grupal consultancy program, promoting a very hands-on and practical approach. We already have over 350 graduates (Alumni) and have created or scaled more than 100 companies in this program since September 2016.

We believe in Professional Entrepreneurship: Lean Startup, Customer Development, Business Model generation with powerful methodologies. Guesses, Hypothesis, leaving the building, Iterating and Pivoting. We believe in great teams, networking and collaboration.

SOW ASIA’S I2I ACCELERATOR PROGRAMME

SOW Asia’s i2i (incubation to investment) Accelerator Programme is Hong Kong’s first and only accelerator programme that is exclusively built for social enterprises. The five-month programme has three key components, all aimed at bringing social enterprises from the proof-of-concept stage to an investment-ready status:

– Diagnostic Workshop: define and scale the social impact, clarify and improve social enterprises’ business models and refine their respective pitches with SOW Asia’s team of dedicated consultants

– Action Planning with advisors: weekly meetings with external advisors, where appropriate, and SOW Asia team to improve on problem areas that are identified through the consultancy workshops

– Pitch Nights: showcase social enterprises’ businesses 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 programme stems from its customised curriculum, which is tailored to the participating social enterprises’ needs. Rather than just providing general information about a sector through lectures and seminars, SOW Asia’s full-time consultants and highly-qualified advisors collaborate directly with the participants to refine their pitch decks and help them to maximise on their business plans.

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

Free of charge; no equity taken. Applications are reviewed on a rolling basis.

As of May 2018, we have helped over 60 social enterprises which focused in solving different problems in the society such as poverty alleviation, social inclusion, education, health care, environment and active healthy ageing. The upcoming cohort will focus on “Biotechnology and Wellbeing” and it is about to begin in August and end in November. In addition to one-on-one help, there will be eight group sessions, ranging from workshops, pitch practices to pitch night. Five to seven social enterprises will be admitted.

SPRINTER

Jointly launched by Hong Kong Science and Technology Parks Corporation (“HKSTP”), The Hongkong and Shanghai Banking Corporation (“HSBC”) and Hong Kong Business Angel Network (“HKBAN”), SPRINTER is a two-year program aiming to energize our innovation and technology ecosystem and thus build Hong Kong as a technology hub in Asia Pacific. The program is not only providing 120 technology companies in Hong Kong a series of structured training and connecting them with potential investors, but also delivering angel conferences and luncheons dedicated to business angels and individuals, with the objective of growing the business angel community in Hong Kong. SPRINTER is divided into two tracks: Entrepreneur Track and Business Angel Track.

Entrepreneur Track

This track has two cohorts and will equip at least 120 technology companies with the knowhow through a series of structured training provided by professionals including academia, bankers, venture capitalists, accountants and lawyers from Hong Kong and overseas. Ten selected companies from each cohort will enter the second stage, which focuses on supporting companies for business expansion and fund-raising over a seven-month period.

Entrepreneur Track provides the participants with opportunities to

•leverage knowledge and resources in various fields covering business model, legal and financial matters, and pitching skills for developing strong business acumen;
•receive one-on-one professional support on business consultation;
•participate in exhibitions, pitching events and roadshows in Hong Kong and Overseas;
•be connected with potential business partners/investors through investment and business matching; and
•turn their innovative ideas into marketable products/services and enlarge market footprints.

Business Angel Track

This track targets to enhance the capabilities and practical knowledge of angel investors and individuals who aspire to become angel investors through knowledge exchange activities including seminars and meetings. After completion of this track, the participants will become more familiar with the venture investment in Hong Kong so as to energize the business angel ecosystem.

Business Angel Track provides the participants with opportunities to

•receive knowledge of the venture investment environment in Hong Kong;
•navigate the knowledge for making the correct investment decisions; and
•be connected with various stakeholders who can help to establish quality deal flow.

STARS PROGRAMME

The STARS Programme, organised by Hong Kong Startup Council, provides assistance and support to startups on aspects of mentorship, industrial partnership (prototyping, design & production), go-to-market (marketing, sales, distribution, patent registration and pitching).

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 ​​organisations.

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

THE CAGE

Powered by The Lane Crawford Joyce Group, The Cage is a unique 12-week retail technology ignition programme that offers commercial opportunities and tailor-made business mentorship to two winning early stage start-ups developing technologies that apply to fashion and lifestyle retail.

The Cage awards two start-ups that support the theme of ‘enhancing the retail customer experience” – offering an opportunity to secure commercial agreements with one or more of the five companies under The Lane Crawford Joyce Group; market testing opportunities and commercial guidance from leading luxury fashion and retail experts; structured business advice from 150+ advisors network; exposure to an exclusive ecosystem of global industry experts, investors, and entrepreneurs; 12-week co-working space in Hong Kong & Shanghai at no charge, and $50,000 HKD prize money without equity stake.

Please refer to thecage.io for further details.

Zeroth

We seek the best entrepreneurs involved in artificial intelligence and machine learning.

We invest pre-seed capital and work closely with those entrepreneurs to build their team.

We partner with elite investors, founders, and corporates to help build those teams into companies.

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