Professional Documents
Culture Documents
V.2
W Hub is an online platform where startups make
meaningful connections to develop their business.
W Hubs mission is to support the community with 3 pillars:
Community Discovery:
Connections to events, conferences, startups and
influencers
175+
JOBS/MONTH
Investor Connections:
An offline resource to connect startups ready for
growth to the W Hub investor pool
Whub.io
DISCLAIMER
The following report aims to share insights into the startup
ecosystem in Hong Kong. It is based on external information, our
observations and opinions. It is not exhaustive and cannot be
considered as such. We do not receive financial incentives from the
organisations, startups, companies or individuals listed in the report.
The report has been prepared in good faith and with no intention to
promote or diminish certain organisations, startups, companies or
individuals in particular.
Whub.io
CONTENTS
Introduction to the Hong Kong Startup Ecosystem
Community Builders
Talents Corner
Co-working Spaces
Venture Capital
Resources
References
Whub.io
1
INTRODUCTION TO THE
HK STARTUP ECOSYSTEM
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
Overview
GDP
US $307.3B Retail Sales Growth
(2015) + 2.8% (Q2 2016)
Capital
US $42,000
Growth
180 times
Labour Force
3,940,800
(2/2016- 4/2016)
Startup Ecosystem Value
US$2.8 - 3.5 Billion (2015) $
between 1961
to 1997.
Unemployment Rate
3.3% (2015)
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
Technological
Startups are defined by disruption and growth. Hong infrastructure
Kong is uniquely positioned to allow fast and high Close to China:
scalability. Products can be tested quickly by its hyper- One Belt One
connected population. The proximity to the Pearl River Road
provides easy access to manufacturing and supply Close to China:
manufacturing
facilities. The potential opportunity to supply half of the
hub
worlds population can also add impressive growth power.
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
Why Choose Hong Kong?
# 1
MOST COMPETITIVE
# 3
LEAST CORRUPTED
# 7
PLACE FOR OVERALL
CITY TO DO BUSINESS ECONOMY IN ASIA GLOBAL COMPETITIVENESS
4 8
FOR PROTECTING
MINORITY INVESTORS
# #
FREEST ECONOMY SIMPLEST EASIEST CITY TO
TAX SYSTEM START A BUSINESS
BEST BUSINESS CITY IN THE WORLD
15
IN THE WORLD
5
IN PATENT
BEST CITY FOR
# # APPLICATION
BUSINESS EVENTS
FASTEST GROWING
STARTUP ECOSYSTEM
ECONOMIES IN
EASIEST PLACE 16/129 THE MOST SECURE
TO DO BUSINESS IP PROTECTION
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
Why Choose Hong Kong?
Social Network
Internet Speed
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
Why Choose Hong Kong?
Mobile
16.6M 230%
# 1
SMARTPHONE
# 12 MOBILE SUBSCRIBERS MOBILE PENETRATION
RATE
LARGEST APP MARKET
PENETRATION IN ASIA IN THE WORLD 62% 23%
ANDRIOD USERS IOS USERS
Internet
17,000+
~US $3.5B $535 96% FREE WIFI HOTSPOTS
E-COMMERCE AVERAGE ANNUAL OF POPULATION ACROSS THE CITY
MARKET SIZE SPENDING ONLINE ACTIVELY BROWSE > WILL INCREASE TO
PER USER ~30 MINS DAILY 34,000 WITHIN NEXT
3 YEARS
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
Why Choose Hong Kong?
Technological Infrastructure
# 1 IN THE WORLD
#1
FIXED TELEPHONE
TARIFFS/LOCAL CALLS
#2
MOBILE PHONE
MOBILE PHONE COSTS/LOCAL CALLS
SUBSCRIBERS PER
1,000 INHABITANTS
13M
INTERNET MOBILE SUBSCRIBERS
BANDWIDTH
Whub.io
1 INTRODUCTION TO HK STARTUP ECOSYSTEM
Why Choose Hong Kong?
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
Why Choose Hong Kong?
When?
In autumn 2013, president of the PRC, Xi Jinping,
announced the One Belt, One Road (OBOR) initiative.
Involves 65 countries
representing a third of the
worlds total economy
4.4 billion people
63% of worlds population
40% of global GDP
Whub.io
1 INTRODUCTION TO HK STARTUP ECOSYSTEM
Why Choose Hong Kong?
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
Why Choose Hong Kong?
3. 57% of startup founders are Hong Kong citizens, while the remaining
founders are foreign and mainland Chinese.
4. There are eight main industry verticals in Hong Kong. Hardware /IoT
(Internet of Things) and FinTech are notable (11% and 8% respectively),
however E-commerce is the dominant startup sector (25%) followed by
SaaS (Software as a Service - 13%).
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
Why Choose Hong Kong?
EDUTECH 8%
10% ENTERPRISE
8% FINTECH
HARDWARE/
IOT 11%
7% B2B
SOFTWARE 13%
25% E-COMMERCE
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
The Entrepreneurs Voice
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
The Entrepreneurs Voice
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
The Entrepreneurs Voice
There is good talent in the Starting a company is technically Hong Kong has the best
finance sector. very easy in Hong Kong, as the infrastructure to start a business: from
incorporation procedures are registering a company; to setting up
- Julien Labruyere | 4xLabs quick and straightforward. logistics to the tax-free environment,
so it actually saves a lot of headaches
- Loubna Halty Ferreira | on the operations end.
Bahia Cosmetics
- Stephanie Poon | Zarie
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
The Entrepreneurs Voice
The startup system in Hong Hong Kong is the known to The diversity mixed with the
Kong is great and is open to among the top financial centre of density makes Hong Kong a literal
sharing and supporting new the world. Hong Kong has great concrete jungle of east-meets-
entrepreneurs. infrastructure in terms of mobile, west fusion. Hong Kong serves as
internet, power, bandwidth and a proving ground for startups that
- Nicole Denholder | Next people which countries like intend to go after the two largest
Chapter Ventures Philippines, Indonesia lack in internet markets in the world: China
Southeastern Asia. and the US.
Whub.io
1 INTRODUCTION TO THE HK STARTUP ECOSYSTEM
The Entrepreneurs Voice
There are more opportunities for networking, Its in every Hong Kong citizens DNA to be entrepreneurial
making it easy to get in touch with successful and business savvy. With a highly educated and innovative
entrepreneurs who are always enthusiastic population, no one in their right mind would bet against Hong
when it comes to sharing advice. Kong being able to rise to the occasion.
It is well connected, diverse The startup ecosystem has been maturing and
and multi-cultural. there are connections to China and the wider
APAC region... E-commerce is just taking off in
- Pushpendra Sharma | Hong Kong, so there are advantages of being
Spacegenie an early player in the market.
Whub.io
2
STARTUPS
IN HONG KONG
Whub.io
2 STARTUPS IN HONG KONG
About Startups
Currently Hong Kong has only WeLab to
call its near-unicorn, however the city is
capable of nurturing successful startups.
There is a reliable infrastructure, access to
resources (R&D, talent, money), a proximity
to large pools of customers and an
ambitious younger generation.
Whub.io
2 STARTUPS IN HONG KONG
Hong Kong Startup Founders
in Hong Kong
23%
Aspiring Young Entrepreneurs
in Singapore
~ 3/4
44%
Common Barriers for Young
Entrepreneurs
Whub.io
2 STARTUPS IN HONG KONG
Startups Receiving Funding
NORMAL 75%
SERIES A 75% 75%
25%
SEED
25% 25%
SERIES B
HONG KONG
SINGAPORE
NEW YORK CITY
Hong Kong does not have a funding gap between
Series A and B rounds, due to its long history of being
a leading international financial centre. However
there are few late-stage funding rounds which shows
that the city has a lack of high potential late-stage
startups to invest in.
Whub.io
2 STARTUPS IN HONG KONG
The Unicorn
WeLab
Founded in 2013, WeLab operates WeLend, a P2P lending platform in Hong Kong, and Wolaidai, a
mobile lending platform in China.
WeLab has raised US$180M in 2 rounds - US$20M in January 2015 and US$160M in January 2016.
The Series B round was led by Khazanah Nasional Berhad, with participation from ING Bank and
Guangdong Technology Financial Group.
Whub.io
2 STARTUPS IN HONG KONG
Recent Exits/IPO
Whub.io
2 STARTUPS IN HONG KONG
Recent Exits/IPO
Pacnet jobsDB
A telecommunications service A jobs search engine in Asia.
provider in Asia during
2008 - 2015. Sold for US$206M to rival site Seek
Limited in 2011.
Sold for US$697M to Australian
telecoms giant Telstra.
Divide
A productivity app that
synchronises work email, calendar
and contacts on mobile devices.
Whub.io
2 STARTUPS IN HONG KONG
Recent IPO
As of May 2015:
Number of Placing Shares: 448,000,000 Shares
Whub.io
2 STARTUPS IN HONG KONG
Funds Raised
Analytics
$53.05M in 4 rounds from 10 investors
including Cowboy Ventures, Founders
$1M raised from 500 Fund, Madrona Venture Group, Marc Bell
Startups Ventures and New Enterprise Associates
Whub.io
2 STARTUPS IN HONG KONG
Funds Raised
E-Commerce
> $6M in 4 rounds from 500 Startups,
Big Blom Investment, Bluebell Group,
$1.24M in 3 rounds Golden Gate Ventures, MindWorks Ventures
from 9 investors and Alibaba Entrepreneurs Fund
Whub.io
2 STARTUPS IN HONG KONG
Funds Raised
E-Commerce
Whub.io
2 STARTUPS IN HONG KONG
Funds Raised
EduTech
ShowMuse is a video tutorial app that allows Snapask is a mobile app that provides
users to keep learning outside of the classroom. on-demand homework help for students.
ShowMuse is an incubatee of HKSTPs Incu-Tech Users take photos of difficult questions and
programme for technology startups. have answers matched or connect with
tutors.
Real Estate
Whub.io
2
$1.18M in 1 round from 5 investors including 500
STARTUPS IN HONG KONG Startups, Ceyuan Ventures, Crosspacific Capital
Funds Raised Partners, Digital Currency Group and Lightspeed
China Partners
$15M raised
Whub.io
2 STARTUPS IN HONG KONG
Funds Raised
IoT/Hardware
$500K in 2 rounds
$217.84K Product Crowdfunding from Asgard Capital
Omate offers hardware and software Soundbrenner has created the worlds
solutions, allowing fashion and jewelry first wearable smart device for musicians,
brands to design wearables. combining its hardware products with
mobile and desktop apps.
BioTech
$12.65M in 2 rounds from Ping An
Ventures, Venturra Capital, Capital Undisclosed amount in
Union Investments, 500 Startups 1 round from 1 investor
and COENT Venture Partners (Jan 2015)
Whub.io
2 STARTUPS IN HONG KONG
Funds Raised
Mobile
Whub.io
2 STARTUPS IN HONG KONG
Funds Raised
Logistics
$1.0M raised
$1.1M from SIG, Caldera
Pacific and Gabriel Fong
Lalamove is an online platform that GoGoVan is an mobile application Easyship is a tech startup
connects users with professional drivers, that connects van and truck drivers that provides logistics
simplifying the delivery process and with customers to provide a delivery solutions
revolutionising the logistics industry. service and improve logistics to e-commerce
efficiency. merchants.
Whub.io
2 STARTUPS IN HONG KONG
Funds Raised
Technology
Travelling
$6.5M in 2 rounds from 6 investors
including China Growth Capital, $5.66M in 2 rounds from 3
Cyberport Hong Kong and Matrix investors
Partners
Whub.io
2 STARTUPS IN HONG KONG
Funds Raised
Gaming
Playto develops learning tools that helps Fifth Journey is a gaming startup
children to learn life skills like concentration, that develops Hollywood games and
organisation and mindfulness through mobile entertainment, with the latest
playing games. advancements in AR and VR technologies.
Whub.io
2 STARTUPS IN HONG KONG
Funds Raised
Entertainment
$1.02M in 4 rounds from 3 Investors > $5.3M raised from Heyi Capital,
including Adam Lindemann, Fresco M Fund, 500 Startups and Alibaba
Capital and Yat Siu Entrepreneurs Fund
Whub.io
2 STARTUPS IN HONG KONG
Rising Startups
myfairtool is a trade Riding the 4.0 digital Click Kit is an Advwhere is Asias
show solution that allows revolution, Steel Available is online marketplace Influencer Professional
companies exhibiting at disrupting the Steel Industry democratising the Network where users
trade shows to plan and supply chain, bringing in customization of can understand more
budget their event. definitive transparency, active wear and high about the myth of social
efficiency and sustainability. performance apparels. influencers and share
their world of influence
with passionate people
around the world.
BSD Code and Design Key2Cell is a B2B startup Made in Sense is disrupting the
Academy is a EduTech that enables marketers digital experience and the way
startup that provides to deliver high impact ads we consume technology by
workshops, courses and on any mobile device. It is enabling apps to talk not only to
programs related to web to mobile messages what your eyes and ears, but directly
and graphic design. Mailchimp is to emailing. to your heart via patented multi-
vibration technology.
Whub.io
2 STARTUPS IN HONG KONG
Rising Startups
Whub.io
2 STARTUPS IN HONG KONG
Rising Startups
Whub.io
2 STARTUPS IN HONG KONG
Successful Crowdfunding Campaigns
US$215+K
US$296K Kello is a smart alarm clock that
offers users a variety of programs
Aumeo Audios aimed at changing your sleep
app provides a habits incrementally. US$160K
personalised audio
experience, tailored to EzeeCube is an open source, Apple
the listeners hearing. TV-like, entirely wireless device
that automatically syncs and sorts
photos, videos and contacts.
US$220K US$95K
Soundbrenner has Muku Shuttr is a bluetooth
created the worlds remote camera control.
first wearable smart
device for musicians.
US$31K US$115K
Huzi puts a new perspective Ambi Climate provides
into everyday objects by a smart add-on for your
combining functionality and home and business air
artistic sensibility.
Whub.io
2 STARTUPS IN HONG KONG
Crowdfunding in Hong Kong
Indiegogo
Indiegogo is a donation-based crowdfunding
platform available in 223 Countries and
territories including Hong Kong.
Whub.io
2 STARTUPS IN HONG KONG
Crowdfunding in Hong Kong
Next Chapter
Next Chapter is a new rewards based crowdfunding
website for female entrepreneurs that launched in
early 2016.
Whub.io
2 STARTUPS IN HONG KONG
Crowdfunding in Hong Kong
Kickstarter
Kickstarter announces launch in Singapore and Hong Kong!
The reknowned crowdfunding platform Kickstarter will soon launch in its first Asian markets. Kickstarter
is currently available to project creators in 18 markets, including the United States, the United Kingdom,
Australia and some European countries.
https://www.techinasia.com/kickstarter-singapore-hong-kong-launch
Whub.io
2 STARTUPS IN HONG KONG
FinTech
Facts and Figures
1
Survey conduted by Ernst & Young
Whub.io
2 STARTUPS IN HONG KONG
FinTech / Background
Whub.io
The Fintech Advisory Group Members
- NOLENS, Bndicte
Senior Director, Head of Risk and Strategy (Chair of the
Fintech Advisory Group)
- CHIONG, Ron Sai Lung
Associate Director, Risk and Strategy Unit
- CHAN, Rogers Man Cheong
Senior Manager, Risk and Strategy Unit
Securities and Futures Commission (SFC) External members with one-year renewable term
effective from 1 March 2016
The Securities and Futures Commission (SFC) is
an independent statutory body set up in 1989 ADVANI, Alokik Indru
to regulate Hong Kongs securities and futures Managing Director, Goldman Sachs (Asia) L.L.C.
markets. BARBERIS, Janos: Founder & CEO, FinTech HK
Recently, The Fintech Advisory Group was formed CHEUNG, Joanna Wai Sze
to facilitate the Fintech Contact Point in order to: Managing Director, Tuspark Global Network
- Obtain information on the latest trends of Fintech; CHU, Irene Ngar Yee: Partner, KPMG
- Collect stakeholders input on specific Fintech GUZY, Melissa C
themes Managing Partner, Arbor Ventures
- Identify the opportunities, risks and regulatory LLOYD, James Philip
perimeter implications of Fintech and Executive Director, Ernst & Young
- Broaden the understanding of Fintech as an JOHNSTONE, Syren
evolution of the financial services industry. Adjunct Associate Professor, The University of Hong Kong
SETO, Adrian: Director, Accenture
SFC Homepage
Whub.io
2
Resources
STARTUPS IN HONG KONG
FinTech FinTech HK
Whub.io
2 STARTUPS IN HONG KONG
Whub.io
2 STARTUPS IN HONG KONG
Internet of Things
Startups
Whub.io
3
COMMUNITY
BUILDERS
Whub.io
3 COMMUNITY BUILDERS
The Importance of
Community Builders
Startups cant do it alone! Over the past four
years a great number of community builders
have been creating professional and social links
within the ecosystem. The continuous success
of offline events, mentoring opportunities and
online community platforms are providing value
and making a lasting impact on entrepreneurs.
More connections
+ Quick access to quality feedback
and mentoring
= Higher chance of success!
Whub.io
3 COMMUNITY BUILDERS
Whub.io
3 COMMUNITY BUILDERS
Whub.io
3 COMMUNITY BUILDERS
Gregory So
* Secretary for Henek Lo Herman Lam
Commerce and * WeWork * Cyberport
Economic Hong Kong
Development HK
Janos
Ivy Shum James Barberis
* TED x Hong Munro Boon * SuperCharger
Kong * UnLtd FinTech Accelerator
* SMECC * 43 Ventures * FinTech HK
Whub.io
3 COMMUNITY BUILDERS
Whub.io
3 COMMUNITY BUILDERS
Whub.io
3 COMMUNITY BUILDERS
Sam Chan
* VisaPro Scott Lawson Simon
* Angel Investor * SOW Aisa Squibb
* Nest
Whub.io
3 COMMUNITY BUILDERS
W Hub Team
Double diploma from ESSEC Business School in Double engineering diploma from EPF (France)
Paris / University of Manheim. / ETS (Canada) - Master in International Finance
15 years for Procter & Gamble in Finance, Sales, from HEC Paris.
Strategy and Management.
Six years for JP Morgan Tokyo as a Exotic Equity
Speaker, mentor and judge at events and Derivatives Trader.
organisations such as the Chicago Booth GNVC,
Google EYE, RISE Conference, Tech Open Air Worked in a IoT Startup /
Berlin, Techstars StartupWeekendHK and Poly U Taught Web Development at General Assembly.
Entrepreneurial Mentorship Network.
Co-Founder of Women Who Code (Hong Kong)
Board member of WOW at theAmerican
Womens Association. Speaker at Women Who Code International
Conference.
Whub.io
3 COMMUNITY BUILDERS
W Hub Team
Graduated from Manchester Graduated from Insead with a Graduated from Sun Yat-sen
University with a Bachelor in Global Executive MBA. Worked University with a Bachelor of
English Language and Literature. in FMCG European Industry Art in Spanish Language and
Worked in luxury fashion retail for 20 years in COO and CEO Literature.
management in the UK for eight positions. Senior Advisor for a
years and three years at the UK F&B start-up since his arrival Spent two semesters at the
government Home Office overseas. in Hong Kong. University of Valladodid (Spain).
Interned at Swire Properties.
Diane then joined General Assembly
as the founding Admissions
Manager in the companys opening
year in Hong Kong.
Whub.io
4
GOVERNMENT SUPPORT
& UNIVERSITIES
Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIES
Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIES
Government Organisations
A government A creative digital A statutory body that A platform listing A one-stop portal
department cluster that nurtures had built a vibrant the latest startup gathering tech startup
providing free advice ICT industry startups innovation and events and various influencers and
and customised and entrepreneurs, technology ecosystem resources including creators providing a
services to help promotes to connect stakeholders government dynamic environment.
businesses succeed collaboration to and nurture technology incentives and
in the citys economy. gather resources talent. incubator schemes.
and create business
opportunities.
Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIES
Government Organisations
Invest HK publications and website provide information useful for a startups preliminary planning. In addition,
the organisation offers specific advice, including:
InvestHK will organise the 2017 StartmeupHK Festival on 13-21 January, which will be an assembly of key
conferences, workshops, exhibitions, pitching competitions and networking opportunities.
Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIES
Government Organisations
StartmeupHK
InvestHK launched StartmeupHK to create a buzz among entrepreneurs in the local and overseas startup
communities in June 2013.
Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIES
Incubators | Hong Kong Science and Technology Park
Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIES
Incubators | Hong Kong Science and Technology Park
Programme Details
6% Incu-Bio
38% Incu-App
56% Incu-Tech
How to apply
Financial Aid Package Fundrasing
All three incubation programmes are open
Incu-App | HK$60,000 Over HK$1555 million for applications all year round. Interested
Incu-Tech | HK$180,000 from angel/ venture companies can download the application
Incu-Bio | HK$240,000 capital and 428 material from the HKSTP website and
technical awards return to biadmin@hkstp.org
Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIES
Universities in Hong Kong
Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIES
University Programs and Competitions
PolyU Institute for Good Seed @PolyU Technology Transfer HKUST Entre-
Entrepreneurship (IfE) Office @ HKU preneurship Center
PolyU Micro Fund Tech Incubation Fund HKU Knowledge CityU Enterprises The Base @HKUST
(TIF) Sheme @PolyU Exchange Limited
CUHK Center for CUHK Center for Innovation Commons TecHKU Knowledge
Entrepreneurship Innovation and @ CityU Transfer Office
Technology @ HK Baptist University
Whub.io
4 GOVERNMENT SUPPORT & UNIVERSITIES
University Programs and Competitions
Whub.io
5
INCUBATOR &
ACCELERATOR PROGRAMS
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Pre-accelerator
Startup Next
Validation
Transforms the idea into a real life business, helps startup to
build a scalable company
Mentorship
Provides weekly feedback from mentors, coaches and
startup experts. Startups work with mentors in both group
settings and one on one
Exposure
Top teams from the program will get introductions, referrals
and invitations to pitch for accelerators and investors.
Startup Next HK is an pre-accelerator
program that gives startups the tools
and mentorship needed to navigate the
early stages of building a business. Startup Next is a Techstars Community Program and is run in a
collaboration with W Hub and a number of community partners,
Financial aid : none venues and community builders who help startups level up.
5 week program
Target sector: Technology
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Accelerators
FinTech
SuperCharger
http://www.fintechsupercharger.com/
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Accelerators
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Accelerators
IoT/ Hardware
Brinc
Brinc is a hands-on hardware Startup Requirements
accelerator that accelerates
IoT startups from concept to While Brinc evaluates each founder and
sustainable commercialisation team on a case-by-case basis, there are
some characteristics that are favorable:
A program tailored for hardware
startups looking for speed, access - 2 co-founders
and the know-how to build - Teachable and open minded
successful companies - Functional prototype
- Pre-crowdfunding
Take equity stake
How to Apply - Grit and determination
12 month program
Applications are accepted on a
rolling basis all year round. 3 cities including Hong Kong and Additional Offers
Shenzhen Organized trips to Shenzhen for
For more details on the Invested in 14 startups and hardware founders: http://brinc.io/
application process, worked with more than 40 trip-to-china/
visit: http://brinc.io/apply/ founders
Provides access to the back-end of
China, de-risk and accelerate the
time to market in about 12 months
after initial ideation
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Accelerators
IoT/ Hardware
Wearable IoT World Labs
How to Apply
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Accelerators
Corporate
The Cage Blueprint
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Accelerators
A mentor-focused program
12 week program
HealthCare Accelerator powered by AIA
No initial equity stake
SmartCity & IoT Accelerator powered by Infinity
Designed to support and accelerate
FinTech Accelerator incorporated by DBS Infiniti Smart City the progress of early-stage Smart City
and Internet of Things (IoT) Companies
A mentor-focused program
12 week program
No initial equity stake
dbs FinTech Designed to support and accelerate
the progress of early-stage Companies
with an innovative FinTech proposition.
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Incubators
2 Sub-program
SISG is open for application for companies
Jockey Club consists of two sub- - 12 startups selected under HKSTPs incubation programmes.
programmes: - No Equity Stake Targeted Sector:
- Youth Entrepreneurship - 12 months program - Social Good & Green Tech
- Social-Tech Incubation (SISG) - Dedicated to Social
Go Global
Partnership with Le Comptoir de Good and Green Tech
- Network with 500+ social entrepreneurs
lInnovation (CDI), the first global startups
- Exchange programme
network of green and social start-
ups from France, and Hong Kong
Children & Youth Services (HKCYS)
Tech & Social innovations
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Incubators
The Mills Fabrica by Nan Fung Group SOW Asia Incubation Program
Whub.io
5 INCUBATOR & ACCELERATOR PROGRAMS
Programs
Objectives
- Drive collaborative innovation by connecting entrepreneurs
with corporates
- Empower startups and entrepreneurs through mentorship and
interaction with industry leaders to enhance strength
Key Features
Whub.io
6
COMPETITIONS
AND EVENTS
Whub.io
6 COMPETITIONS AND EVENTS
Startup Competitions
Whub.io
6 COMPETITIONS AND EVENTS
Startup Competitions
Whub.io
6 COMPETITIONS AND EVENTS
Hackathons & Events
Angelhack Fishackathon
Whub.io
6 COMPETITIONS AND EVENTS
Regular Events
Whub.io
6 COMPETITIONS AND EVENTS
Regular Events
RISE HK WebWednesday
3 day conference with Interviews with entrepreneurs
hundreds of startups and on the way up
thousands of visitors
Whub.io
7
TALENTS CORNER
Whub.io
7 TALENTS CORNER
Talents Corner
A startup is composed of a team sharing the
same mission and vision. There are many
incredibly talented people in Hong Kong and
while it is improving, many engineers would
rather work for a larger corporation instead of
a startup. Getting the team right is, therefore,
a continuous challenge. The time and effort
required cannot be underestimated and the
following resources will help along the journey.
Get started early, train fast, retain or move on!
Whub.io
7 TALENTS CORNER
Job Fairs
W Hub has been the first to organise HK Tech & Startups Job Fair in Hong Kong. With more than
850 job seekers, 80+ job opportunities and 41 startups, stay put for the next one on W Hub!
Whub.io
7 TALENTS CORNER
100 Startups
250 Jobs
2.000 Participants
Whub.io
8
CO-WORKING SPACES
Whub.io
8 CO-WORKING SPACES
Whub.io
8 CO-WORKING SPACES
Whub.io
8 CO-WORKING SPACES
KOWLOON
Kowloon Price per month or person (minimum)
BootHK Lai Chi Kok Campus $1,500 fixed
CentrePark $3,500 hot desk
Coffice $2,500 fixed / $1,600 hot desk
Cowork CHM $2,500 fixed / $1,500 hot desk
Fashion Farm Foundation (FFF) $2,500 fixed / $2,000 hot desk
MakerBay $2,500 fixed / $1,500 hot desk
MISSOLINK $2,000 fixed /
NeighborFarm Coworking Space Starting from $900
Ooosh for Startups $1,500 fixed / $800 hot desk
Synergy Startup Base Startup membership: $1,800
Team office: $8,000
The Good Lab $2,100 fixed
The Loft $2,900 (special offer) or $3,500 fixed
$1,900 (special offer) or $2,500 hot desk
Tuspark $2,700 fixed
UNWIRE Space $1,800 fixed
The Wave Membership starting from HKD $99; hot desks and
team offices upon request
Whub.io
8 CO-WORKING SPACES
NEW TERRITORIES
v
Whub.io
8 CO-WORKING SPACES
Garage Society
Garage Society has demonstrated Industry Split Since opening the first location in
what the boom in co-working space Des Voeux Road Central in 2014:
looks like in Hong Kong.
Launchpad for HIGH GROWTH +60% in number of total companies
international startups in Hong Kong.
+92.25% in number of members
HOME to General Assemblys HK campus +5.3% in technology industry
+6.1% in lifestyle industry
The MOST CONVENIENT LOCATION on
the Island for working, connecting and On average, companies had
growing startups. 47% growth in terms of staff count
Whub.io
8 CO-WORKING SPACES
MakerBay
Makerbay provides tools such as laser cutters, 3D BIG SPACE (6,500ft.) for developing new
printers, visual and photography equipment. products and displaying the ideas of startups.
Capacity
50 PLACES for hot bench
20 PLACES for fixed bench
ONE PRIVATE SPACE for studio
Whub.io
8 CO-WORKING SPACES
CoCoon
Whub.io
8 CO-WORKING SPACES
Paperclip Startup Campus
Whub.io
8 CO-WORKING SPACES
The Wave & Playground.work
The Wave co-working space provides a platform Playground.work is Hong Kongs pioneer co-
for startups and other creative professionals who working space that promotes the attitude of
want to build strong networks and collaborate work-life balance. They offer hot desks, private
with others within the co-working space. offices, event space, and a coffee shop ideal for
meetings and events.
CONVENIENT LOCATION near MTR Kwun Tong CONVENIENT LOCATION right above Sheung
Station and in the heart of the district Wan MTR station with car park nearby
Whub.io
8 CO-WORKING SPACES
The Wave & Playground.work
Mett is an entrepreneurs club that connects TheDesk is a co-working space with a mission:
people, ideas and resources. Mett believes that We love what we do. We embrace each
by bringing startup communities and ecosystems moment, every day. We celebrate new ideas,
closer together, great things can happen. great people, and business challenges. What are
you celebrating today?
A NETWORK OF SPACES around the world LOCATION in Sai Ying Pun, just 3 minutes walk
that serve as homes and meeting spots for from the MTR station HKU.
entrepreneurs and innovators.
COMMUNITY of professionals with preferential
In Hong Kong, a CONVENIENT LOCATION on the prices from business partners and free access to
21st floor of California Tower in the heart of Lan professional workshops.
Kwai Fong - Central district.
WELL-EQUIPPED meeting facilities including
ACCOMMODATES more than 100 people. BBQ and space for leisure.
Whub.io
9
VENTURE CAPITAL
Whub.io
9 VENTURE CAPITAL
Most Active Investors in Hong Kong
Intel Capital
Route 66 Ventures
Vectr Ventures
MindWorks
Whub.io
9 VENTURE CAPITAL
Alibaba Hong Kong Young Entrepreneurs Foundation
Alibaba launched
an HK$1 billion Invested in:
(about US$128
million) not-for-
profit foundation to
Founder: Jack Ma | Executive Director: CIndy Chow support Hong Kong
startups in
November 2015
The core mission of the foundation is to help Hong
Kong young entrepreneurs start and grow businesses on
marketplaces and platforms in the Alibaba ecosystem.
Whub.io
9 VENTURE CAPITAL
Alibaba Hong Kong Young Entrepreneurs Foundation
Whub.io
9 VENTURE CAPITAL
Big data, financial services and Bigcolors provides seed and Hardware and software
digital commerce early-stage funding integration, robotics, security,
Founders : Wei Hopeman and A.I., smart home technology
Founder: Jackie Lam
Melissa Guzy Family investment office
Focus on mobile, hardware
Seed and early stage venture platforms, wearable Seed, early stage and later stage
investments technology, bio-health, venture investments
Invested in : 2C2P, A-SaaS, fintech, and Big Data Invested in over 12 companies,
DemystData, Lufax, paidy, Invested in over ten other including: Spotify, Bluesmart
pipaHR, Stockpile, Streem, startups, including: Connect, Insight Robotics and Wonder
ABRA Cancelex and Oddup. Workshop
Whub.io
9 VENTURE CAPITAL
Whub.io
9 VENTURE CAPITAL
FUEL Capital invests in A venture capital firm with IDG Capital Partners invests in
companies seeking no earlier a focus on disruptive and consumer products, franchise
than their first institutional technology-focused startups services, internet and wireless
round Its portfolio now consists of over applications, new energy, and
40 companies around the globe advanced manufacturing
Its focus is on:
sectors
- Clean technologies Invested in Skype, Siri, Facebook,
- Environmental protection Waze, Summly, Spotify Primarily focusing on investing
- Health care industries in China related venture capital
and private equity projects
Seed, venture, and growth-
stage funding
Invested in more than 400
companies
Whub.io
9 VENTURE CAPITAL
Whub.io
9 VENTURE CAPITAL
Mount Parker consists of Nest invests seed capital and Builds and backs sustainable
technology and finance time in promising scalable large-scale business models
entrepreneurs supporting and startups in rapidly growing internet
advising early stage companies Specialises in startups markets
Primarily focussed on venture developing impactful world- Seed and early stage venture
opportunities in Asia changing technologies in investments
Invested in: industries such as HealthTech, Invested in/started : Compare
GoGoVan, Shopline, Cultish FinTech and SmartCity/IoT Asia, Zalora, FoodPanda,
Groupon, HelloFresh
Whub.io
9 VENTURE CAPITAL
Orchid Asia Groups mission is to Red Chapel Advisors invests Regatta Capital Management
expand domestic enterprises in in technology startups at seed is a private equity fund
high barrier to entry businesses stage and helps them grow. with a diverse portfolio of
that have good growth Founder: Felix Lam businesses.
prospects in the consumer Invests primarily in
services and products Focus on technology
developments information technology, bio-
Investment group with offices technology and real estate
in Hong Kong, Shenzhen, Invested in: Snaptee, investment sectors
Shanghai, Beijing and Insight Robotics, techstars,
Guangzhou launchpilots, Compology,
Ardusat, Frenzoo, Coachbase,
Invested in more than ten and Blink
companies
Whub.io
9 VENTURE CAPITAL
Sumitomo Corporation
Sequoia Capital Spring Capital Equity Asia Capital
Sequoia Capital invests in An independent private equity SCEA seeks investment
companies within the energy, firm that invests exclusively in opportunities in the Greater
enterprise, financial, healthcare, China China and southeast Asian
internet and mobile sectors. Targets profitable businesses in region
industries that are expected to Invests in all emerging growth
Seed, early stage and later stage benefit from increasing levels sectors, young or mature
venture investments and Later of disposable income in China. companies
Stage Venture Investments
It has offices in Hong Kong and Invested primarily in high-
Invested in more than 600 Shanghai tech sectors, consumer/retail,
companies automobile, logistics, financial
Invested primarily in clean
technology products and services, renewable energy/
services, and professional and clean technology
business services.
Whub.io
9 VENTURE CAPITAL
TiE runs numerous angel A leading cleantech venture Vectr builds networks and
investment groups and capital firm in China experiences to elevate
funding forums throughout Focused in areas of new knowledge and value for
its network energy, energy efficiency, corporates and startups.
Seeds early stage companies environmental protection, Seeds early-stage companies
Invested primarily in internet cleaner production, with global ambitions
enterprise software, mobility, sustainable transportation, Invested in over 30 startups
big data/ analytics, health IT, new materials and sustainable including DayDayCook, Floship,
healthcare diagnostics and hi- agriculture LafaLafa and Lamplight
tech medical devices Invested in over 30 companies Analytics.
Whub.io
10
RESOURCES
Whub.io
10 RESOURCES
HK Communities Visa
Whub.io
10 RESOURCES
Chambers of Commerce
The American Chamber The British Chamber The Canadian Chamber German Chamber
of Commerce in of Commerce in HK of Commerce in of Commerce in
HK (AMCHAM) (BRITCHAM) Business HK (CANCHAM) Hong Kong
Entrepreneurs / SME Angels Entrepreneurs
Small Businesses
Whub.io
11
REFERENCES
Whub.io
11 REFERENCES
Whub.io
Please Share!
Questions or Suggestions?
Contact us on Whub.io