Innovative Business Incubation –

Foster the Growth of Technology Allen Yeung

Chief Corporate Development Officer

May 2015

Vision and Mission of HKSTP

VISION Create a vibrant innovation and

technology ecosystem to deliver

social and economic benefits to Hong

Kong and the region.

MISSION Connect stakeholders, facilitate

knowledge transfer and nurture

talents to accelerate technological

innovation and commercialisation.

Our Premises Science Park InnoCentre Industrial Estates

R&D of Technology Applications Brand Design and

Marketing Skill-intensive Advanced Manufacturing

Shatin Kowloon Tong Tai Po Yuen Long Tseung Kwan O

11,230 521 1,143 81 13,000 82 3,700 53 9,100 35

The Three “C”s

CONNECT

Knowledge

Industries

Investors

Overseas and local

People

COLLABORATE

Inter-company partnership

Across industry sectors

Across geographical boundaries

CATALYSE

Create opportunities

Explore new markets

Accelerate technological innovations

A Vibrant Community of 5 Key Tech Clusters

Biomedical Technology

Electronics

ICT

Material & Precision Engineering

Green Technology

• Therapeutics

• Diagnostics

• Regenerative Medicine

• Medical Devices

• Chinese Medicine

Novoheart - Artificial Heart for drug testing • Wireless Power

• Consumer Electronics

• Integrated Circuits

• Big Data

• Cloud Computing

• Internet of Things (IoT)

• 5G

• Green Buildings

• Energy Management

• New Energy

• Carbon Reduction

• New Materials

• Rare Earth

• Graphene

• Advance Manufacturing

Rehab-Robotics – Hand of Hope

Technology Platforms Enhance quality of life, raise business competitiveness and enable sustainable growths

Ageing

• Integrated study of biotech disciplines

• Genomics

• Systems Biology

• Bioinformatics

• Diagnostics

• Nutrition

Robotics

• Integrated application of technologies

• Electronics

• Mechanical Engineering

• New Materials

• Motion Detection

• Artificial Intelligence

• Cloud Computing

Technology Platforms Enhance quality of life, raise business competitiveness and enable sustainable growths

Social programs

Smarter buildings and

urban planning

Environmental

Energy and water

Transportation Education

Healthcare

Public safety

Government and agency

administration

Smart City

A city in harmony with the environment, with citizens as stakeholder;

technology as dynamic enabler; business as partner

Planning and

management

Human Infrastructure

Connect Stakeholders

Attract renowned global partners to facilitate

advanced R&D and application

Universities: Oxford, Imperial College, ETH,

Princeton, MIT

Research institutes: Fraunhofer, Karolinska

Institute

Innovators from foreign Science Parks

Establish Mainland partnerships to catalyse

R&D and market development e.g. Tsinghua

University, Tuspark, Green Channel, Innovation

Corridor

IP pooling base for technology transfer

Platform for partnership, investment and

collaboration

Explore international market opportunities,

e.g. Knowledge Capital (Osaka), CES (US),

CEBIT (Germany)

Accelerate Technological Innovations

Promote adoption of new innovations into traditional

industries

Connect international institutions

Facilitate knowledge transfer and technology transfer

Industry Connect – Catalyse industry

adoption of Science Park innovations

APAC Innovation Summit 2014 –

Shaping The Future Soft Landing Programme

Accelerate Technological Innovations

University of

Hong Kong

Chinese

University of

Hong Kong

Hong Kong

University of

Science &

Technology

Baptist

University of

Hong Kong

Hong Kong

Polytechnic

University

City University

of Hong Kong

Co-working

Space

Angel / VC

Investment

Focused

Industries

Int’l and

Mainland

Institutions

Science Explorer Workshops / Maker Space

STEM Scholars Recognition

Career Expo and Internships

Grand Challenges

Career Life Planning Talks

Nurture Talents Encourage more students to engage in STEM

(Science, Technology, Engineering, Mathematics)

education and foster entrepreneurship spirit

Incubation Programmes

Period 18 months

• Apps/Web aims for new

business model

• fast to market

62

3 years

• Products with IPs

• IC, big data, consumer

products, green tech, materials

100

Technology Areas

Current Incubatees

4 years

• Devices or drugs with

FDA/cFDA required

13

HK$86M HK$95M Investment Raised HK$20M

Incubation

Working

Place

(rent subsidy)

Financial Aid

Package Technology

Support

Business

Support

Helping incubatee,

tenants and

potential business

partners

HKSTP connect, collaborate and catalyse incubatee

throughout the entrepreneurial journey

- BD partners

- ISO promotion

- Startup Q-mark

HKAA

70+ mentors

HKCS

CIO series

Deliver Social Benefits

Drive Innovations for Good

Novoheart Trinity Photonics Hand of Hope Insight Robotics

Safe drug testing with

artificial heart,

personalized drug

Enhance optical fibre

networks for school

learning

Speed up

rehabilitation for

stroke patients

Prevent spread of

wildfire

Deliver Social Benefits

Drive Innovations for Good

Re-engineered

Fish by Vitargent

Elderly Channel

by Medisen Optical Sensing

Stair-climbing

wheelchair

Ensure food safety

Enhance care for

elderly suffering from

dementia

Prevent accidents and

disasters + energy

saving

Enhance mobility and

freedom for the

disabled

Innovation For

A Better World