Built-in with the HKSTP IDEATION Programme to speed up progress for early-stage startups
HONG KONG SAR – Media OutReach – 24 November 2022 – Amazon Net Companies (AWS) and Hong Kong Science and Know-how Parks Company (HKSTP) right this moment collectively launched the “Thought Launcher” co-ideation initiative to foster and speed up innovation and know-how (I&T) improvement in Hong Kong by means of in depth help, mentoring and training to assist early-stage startups nurture modern concepts and analysis tasks.
That is one other strategic addition to HKTSP’s co-incubation mission with sector leaders, with the HKSTP-AWS Thought Launcher being the primary partnership with a company chief below HKSTP’s IDEATION Programme. AWS will work hand-in-hand with HKSTP to particularly help the event of early-stage concepts from rising startups and next-generation entrepreneurs.
This newest initiative continues the strategic collaboration that AWS and HKSTP started earlier this yr, overlaying the 4 key pillars of: Analysis & Growth, Know-how Simulation, Co-incubation, and Expertise and Tradition Cultivation. The Thought Launcher is a six-month co-ideation initiative that gives early-stage startups and entrepreneurs with technical coaching, enterprise consulting, capabilities’ evaluation in addition to challenge feasibility with a view to optimise startup options and ideas.
HKSTP will provide HK$100,000 in seed funding and incubation coaching to chose startups, whereas AWS will present tailored AWS innovation tradition workshops to assist startups construct up their innovation capability. Programme individuals will even obtain as much as US$25,000 in AWS cloud sources, in addition to technical help and coaching by means of the “AWS Activate” Program, arrange particularly to assist startups optimise their enterprise fashions and gasoline future improvement.
“Hong Kong’s thriving startup ecosystem is rising as a driving power for town’s financial system,” mentioned Chris So, Head of Enterprise Growth, Hong Kong and Macau, AWS. “Constructing upon Amazon’s and AWS’ expertise and years of serving startup corporations, we hope to supply the crucial help and sources requited by startup ventures throughout all levels of progress. With our established startup ecosystems and funding improvement groups in Hong Kong and past, we collect expertise with funding establishment backgrounds and entrepreneurial expertise that’s geared to supporting startups all through their progress cycle. We sit up for deepening our partnership with HKSTP to advance native startups and propel Hong Kong on its journey to worldwide I&T hub standing.”
Eugene Hsia, Chief Company Growth Officer, HKSTP, mentioned: “Hong Kong is a land of alternatives. The seeds of entrepreneurship have all the time been deeply rooted within the minds of its individuals. We’re thrilled to see town’s urge for food for entrepreneurship attain a file stage and our vibrant I&T ecosystem rising at full velocity. New concepts shoot up day by day at our Park, and we’re humbled to drive Hong Kong’s transformation by constructing its largest innovation ecosystem. By partnering with AWS, one of many world’s largest and most iconic startups, we’re able to elevate Hong Kong’s proficient entrepreneurs onto the worldwide stage.”
HKSTP launched the IDEATION programme in 2019, furthering its help for early-stage analysis and improvement tasks and modern concepts. Properly obtained within the startup group, the variety of collaborating members and groups within the programme has greater than tripled from 60 to over 230.
For additional data on Thought Launcher, please go to right here.
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About Hong Kong Science and Know-how Parks Company
Hong Kong Science and Know-how Parks Company (HKSTP) has for 20 years dedicated to increase Hong Kong as a global innovation and know-how hub to propel success for native and international pioneers right this moment and tomorrow. HKSTP has established a thriving I&T ecosystem that’s house to 3 unicorns and Hong Kong’s main R&D hub with over 12,000 analysis professionals and over 1,100 know-how corporations centered on healthtech, AI and robotics, fintech and good metropolis applied sciences.
Established in 2001, we appeal to and nurture expertise, speed up and commercialise innovation and know-how for entrepreneurs on their journey of progress in Hong Kong, to the Better Bay Space, Asia and past. Our rising innovation ecosystem is constructed round our key areas of Hong Kong Science Park in Shatin, InnoCentre in Kowloon Tong and three fashionable INNOPARKs in Tai Po, Tseung Kwan O and Yuen Lengthy. The three INNOPARKs are realising a imaginative and prescient of re-industrialisation for Hong Kong. The aim is sectors like superior manufacturing, electronics and biotechnology are being reimagined for a brand new technology of business.
By our infrastructure, providers, experience and community of partnerships, HKSTP will assist set up innovation and know-how as a pillar of progress for Hong Kong, whereas reinforcing Hong Kong’s worldwide I&T hub standing as a launchpad for international progress on the coronary heart of the GBA innovation powerhouse.
Extra details about HKSTP is accessible at www.hkstp.org.
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