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Hong Kong
The Global Connector
for Startups
STARTUPS VS SMES
Geographic
outlook
Business model
Scalability
Economic benefit
Growth rate
Short-term
objective
Startups Traditional SMEs
Global
Innovative solution with IP
component
High
Potentially significant
Fast
- product to market asap
- secure next round funding
Local
Traditional solution
Limited
Incremental
Gradual
Profitability
GLOBAL PHENOMENON
Hub established in 60s
1,423,491 tech jobs
Ranked #1
Startup Hub*
Established in 2000s
300,000 tech jobs
Ranked #5
Startup Hub
Hub established in 80s
5,000+ startups
Ranked #2
Startup Hub
Established in 2000s
382,000 tech jobs
Ranked #7
Startup Hub
* All rankings are based on the Startup Genome Report
HONG KONG
STARTUP ECOSYSTEM
4,535workstations
3,721
staff (including founders)
employed by startups
1,558
startups
(+46%)
from 2014
(+56%)
from 2014
(+60%)
from 2014
Source: Startup Profiling Survey, InvestHK, 2015
INCUBATORS /
ACCELERATORS
1,558startups
including 692 incubatees located in
Number of startups
supported by InvestHK
since 2010
Source: InvestHK, 2014
100%
GROWTH
Source: Startup Profiling Survey, InvestHK, 2015
Establishment
<2 Years ≤5
Full-time staff
50%
HK
locals
43%
From
overseas,
Mainland or
Taiwan
7%
HK returnees
FOUNDERS
1,115 VS 1,912(in 2014) (in 2015)
(53% in 2014) (7% in 2014)
(40% in 2014)
Number of founders
BURGEONING CO-WORK SPACES
& ACCELERATORS
402015
2010 3
>3,500spaces
PUBLIC FUNDING
Startups
(1) Soft Landing Programme
(US$65/week/workstation)
(2) Incubation Programmes
(3) Design Incubation Programme
(4) Creative Micro Fund
(5) Microfinance Scheme
(6) Co-investment matching fund
(7) Technology Start-up Support Scheme for
Universities (TSSSU)
R&D
(1) Enterprise Support Scheme (ESS)
(2) University-Industry Collaboration Programme (UICP)
(3) Innovation & Technology Support Programme (ITSP)
• R&D Cash Rebate Scheme
• Public Sector Trial Scheme
• SME Development Fund
(4) Internship Programme
(5) Patent Application Grant
Financing
(1) Export Credit Insurance
(2) SME Financing Scheme
(3) SME Loan Guarantee Scheme
Design
Branding
Market development
(1) Design Smart
(2) Design-Business Collaboration Scheme
(1) BUD (Enterprise Support Programme)
(1) SME Marketing Fund
ANGELLIST FUNDRAISING PLATFORMS
Source: https://angel.co (as of 11 September 2015)
Hong Kong (928)
Beijing (322)
Shanghai (264)
Shenzhen (95)
Malaysia (386)
Indonesia (562)
Taiwan (256)
Japan (517)
Korea
(270)
Philippines (422)
HOW
WE CAN HELP
Networking events,
introduction to
service providers
Facilitation of visa
applications, schooling
PR and marketing
support for launch/
expansion
Information to aid
planning and evaluation
STARTMEUP.HK
#startmeuphk
www.facebook.com/startmeuphk
Tel: (852) 3107 1000
Email: enq@startmeuphk.gov.hk
25/F, Fairmont House, 8 Cotton
Tree Drive, Central, Hong Kong
www.startmeup.hk

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2015.09 StartmeupHK PPT

  • 1. Hong Kong The Global Connector for Startups
  • 2. STARTUPS VS SMES Geographic outlook Business model Scalability Economic benefit Growth rate Short-term objective Startups Traditional SMEs Global Innovative solution with IP component High Potentially significant Fast - product to market asap - secure next round funding Local Traditional solution Limited Incremental Gradual Profitability
  • 3. GLOBAL PHENOMENON Hub established in 60s 1,423,491 tech jobs Ranked #1 Startup Hub* Established in 2000s 300,000 tech jobs Ranked #5 Startup Hub Hub established in 80s 5,000+ startups Ranked #2 Startup Hub Established in 2000s 382,000 tech jobs Ranked #7 Startup Hub * All rankings are based on the Startup Genome Report
  • 4. HONG KONG STARTUP ECOSYSTEM 4,535workstations 3,721 staff (including founders) employed by startups 1,558 startups (+46%) from 2014 (+56%) from 2014 (+60%) from 2014 Source: Startup Profiling Survey, InvestHK, 2015
  • 5. INCUBATORS / ACCELERATORS 1,558startups including 692 incubatees located in Number of startups supported by InvestHK since 2010 Source: InvestHK, 2014 100% GROWTH Source: Startup Profiling Survey, InvestHK, 2015
  • 6. Establishment <2 Years ≤5 Full-time staff 50% HK locals 43% From overseas, Mainland or Taiwan 7% HK returnees FOUNDERS 1,115 VS 1,912(in 2014) (in 2015) (53% in 2014) (7% in 2014) (40% in 2014) Number of founders
  • 7. BURGEONING CO-WORK SPACES & ACCELERATORS 402015 2010 3 >3,500spaces
  • 8.
  • 9. PUBLIC FUNDING Startups (1) Soft Landing Programme (US$65/week/workstation) (2) Incubation Programmes (3) Design Incubation Programme (4) Creative Micro Fund (5) Microfinance Scheme (6) Co-investment matching fund (7) Technology Start-up Support Scheme for Universities (TSSSU) R&D (1) Enterprise Support Scheme (ESS) (2) University-Industry Collaboration Programme (UICP) (3) Innovation & Technology Support Programme (ITSP) • R&D Cash Rebate Scheme • Public Sector Trial Scheme • SME Development Fund (4) Internship Programme (5) Patent Application Grant Financing (1) Export Credit Insurance (2) SME Financing Scheme (3) SME Loan Guarantee Scheme Design Branding Market development (1) Design Smart (2) Design-Business Collaboration Scheme (1) BUD (Enterprise Support Programme) (1) SME Marketing Fund
  • 10. ANGELLIST FUNDRAISING PLATFORMS Source: https://angel.co (as of 11 September 2015) Hong Kong (928) Beijing (322) Shanghai (264) Shenzhen (95) Malaysia (386) Indonesia (562) Taiwan (256) Japan (517) Korea (270) Philippines (422)
  • 11. HOW WE CAN HELP Networking events, introduction to service providers Facilitation of visa applications, schooling PR and marketing support for launch/ expansion Information to aid planning and evaluation
  • 12. STARTMEUP.HK #startmeuphk www.facebook.com/startmeuphk Tel: (852) 3107 1000 Email: enq@startmeuphk.gov.hk 25/F, Fairmont House, 8 Cotton Tree Drive, Central, Hong Kong www.startmeup.hk