Hong Kong Business Angel Network
Hong Kong technology startups are facing the problem in obtaining investment funding between seed and venture capital funding stages. This has been a result of the lack of organized business angel networks and funding to provide the “smart money”. As for HKBAN, we are dedicated to building a vibrant angel investment community in Hong Kong.
With this understanding, Hong Kong Science and Technology Parks Corporation (HKSTPC), HKVCA, CUHK, HKUST, HKU, and POLYU took the initiative and began to work together to create a network among angels and entrepreneurs in 2010, which then became the Hong Kong Business Angel Network (HKBAN) in an official. Angels were invited to join several Investment Matching Gatherings (IMGs) where entrepreneurs from the incubation programme of HKSTPC and universities presented their business plans.
The investment matching platform is open for HKSTPC incubatees and tenants, university start-ups and any start-ups that belong to a recognized Partner Organization which is qualified to conduct a preliminary screening on their investment readiness. IMGs have been held once every two months since March 2010.