Title: Frederick WS Yung, Senior Manager
1Key services that assist overseas start-ups in
the Hong Kong Science Park Incubator Asias
first Soft Landing International Incubator of the
NBIA
- Presented by
- Frederick WS Yung, Senior Manager
- Business Development and
- Technology Support
- Hong Kong Science and Technology
- Parks Corporation
- Aug 2011
2Agenda
- Hong Kong Science and Technology Parks
Corporation Incubation Programme - Soft Landings International Incubator accredited
by NBIA - Incubatees with overseas origin
- Tailored services for overseas incubatees
- Standard services
3Hong Kong Science and Technology Parks Corporation
- HKSTPC is a statutory body set up by the
Government - Incubation Programme
- To foster the growth of qualified technology and
design based start-ups in our supported clusters,
by providing a set of value-added services and
financial support to nurture their development in
areas of product/services, marketing and
organization.
4Soft Landings International Incubator accredited
by NBIA
- Since July 2007 (7th worldwide, 1st in Asia)
- Renewed status up to July 2013
- Help overseas start-ups land softly in Hong
Kong via our incubator to localize and expand
into China - Make internationalization a simpler process
5Incubatees with overseas origin
Current Incubatees Graduated Incubatees
USA 4 (electronics, ITT, biotech) 9 (electronics, ITT, IC design)
Canada 2 (ITT, jewelry design) 1 (IC design)
S. Korea 2 (electronics, precision engineering) -
China 1 (green tech) -
UK 1 (electronics) 1 (precision engineering)
Spain 1 (greentech) -
Sweden 1 (product design) -
Japan - 1 (biotech)
Total 12 12
6Why come to Hong Kong?
- Gateway to vast China market
- Take advantage of One-Country-Two-Systems
- - simple tax system (max 16 corp. profit tax)
- - common law system
- -within one-hour access to Pearl River Delta
where key suppliers are based - Financial centre for IPO
- Test market for China companies before massive
internationalization -
7Tailored services for overseas incubatees
- Party-line to Immigration Department on working
visa application - Visa application consultants to help in working
visa application - Accountants/ lawyers/ government website to help
in company registration - Introduction to start-up social clubs with
membership biased towards westerners or Mainland
Chinese - Welcome Pack
- 3rd party/ office insurance agencies
- Utilities companies
- Modular furniture suppliers
- International school information
- Residential accommodation information/ agencies
8Other standard services overseas incubatees found
particularly useful
- Talent pool website for staff recruitment
- Product launch press conference and press
interview service - Networking cocktail/ dinners with local trade/
professional association
9- Bi-monthly angel investment pitching opportunity
to the Hong Kong Business Angel Network - Briefing on local government funding support
10- Fitted out office 1/3 of standard rate
- Free access to office equipment and meeting room
pool - Local university students short/ long term
internship - University consultancy project liaison
11- Mentorship programme
- 13 management courses for start-ups
- Exhibition service to local and overseas
exhibitions - First_at_Science Park reference site service
12- Panel of 16 legal firms at preferential rate and
1-hour free consultancy - Business consultancy service from a outsourced
team lead by a professional VC - 10 laboratories and test centres in IC design,
wireless communication, materials analysis, solid
state lighting, solar energy and bio-tech
13Aid Package for Incubatees
- US63K for 2-year Incu-Design
- US125K for 3-year Incu-Tech
- US177K for 4-year Incu-Bio
-
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