HKSTP Elevator Pitch Competition 2023 Invites Global Innovators to Tap into Hong Kong’s Boundless Investment and Asia Expansion Opportunities

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    Hong Kong:
     

    Hong Kong Science and Technology Parks Corporation (HKSTP) at present kicked off its seventh international Elevator Pitch Competition 2023 (EPiC 2023), by inviting tech startups all over the world to enter one of many largest elevator pitch occasions in Hong Kong.


     

    This press launch options multimedia. View the total launch right here: https://www.businesswire.com/news/home/20221026005533/en/


     

    (Graphic: Business Wire)

    (Graphic: Business Wire)


    HKSTP will shortlist the highest 50 semi-finalists as contestants to ship a 60-second elevator pitch to worldwide traders and company companions on the EPiC 2023 occasion which shall be held in Hong Kong in April 2023. All the semi-finalists may have the golden alternative to safe up to US$5 million funding from the HKSTP Venture Fund and market growth help in Asia and past, plus the possibility to win the US$60,000 champion money prize.


     

    As international enterprise capital funding tightens, entrepreneurs worldwide are eager to seize real progress market alternatives. Hong Kong gives the perfect platform to develop into the huge Asian market, being a gateway to each Mainland China and Asia. As the biggest I&T ecosystem in Hong Kong, startups becoming a member of EPiC 2023 can totally leverage HKSTP’s direct connection to over 1,000 traders and greater than 300 company companions. The prime 50 semi-finalists will reap the advantages from the HKSTP value-added companies for six months, even after the competitors. These embrace business matching, funding referral, unique membership of a city-wide and cross-industry digital lab (STP Platform), entry to co-working house in addition to an intensive expertise pool by reaching out to Hong Kong’s famend universities, 5 of them being ranked on the planet’s prime 100 in accordance to the QS World University Rankings 2023.


     

    Organised by HKSTP, EPiC 2023 is now open for purposes within the two competitors tracks – FinTech and PropTech – from 26 October 2022 via to 29 December 2022. The finale will happen in April subsequent yr on the iconic sky100 venue atop Hong Kong’s tallest constructing, International Commerce Centre, to create a real elevator pitch expertise for startups.


     

    Albert Wong, CEO of HKSTP mentioned: “Asia is home to over half of the world’s consumers and Hong Kong is the ideal springboard for startups seeking expansion in this region rich in diverse growth opportunities. EPiC 2023 is a unique platform that connects entrepreneurs to investors, corporate partners and Hong Kong’s biggest innovation and technology ecosystem. By combining these critical factors, HKSTP is providing invaluable support to startups on their growth journey in Hong Kong, China’s Greater Bay Area and across Asia, which further reinforces Hong Kong as a leading international I&T hub.”


     

    Last yr’s EPiC attracted a file variety of over 600 entries from over 40 international locations and cities all over the world, all converging with the brightest native expertise. HKSTP goals to proceed nurturing expertise and offering a novel platform for native and worldwide innovators to unlock progress and international alternatives.


     

    Who can apply:


     

    • Tech startups which can be lower than 10 years outdated
    • Ideas ought to deal with one of many TWO expertise tracks: FinTech and PropTech



    Applications will shut on 29 December 2022 at 23:59 (Hong Kong time).


     

    Please go to the web site (https://epic.hkstp.org/) for extra info on EPiC 2023.


     

    List of awards and prizes


     










    The Top 50 semi-finalists all qualify for an opportunity to safe up to US$5 million funding by the HKSTP Venture Fund.

     

    Award

    Cash Prize (for every winner)

    Champion

    US$60,000

    2 Tech Winners

    (FinTech / PropTech)

    US$20,000

    Top 10 Finalists

    US$10,000

    Favourite Pitcher

    US$10,000


    About Hong Kong Science and Technology Parks Corporation


     

    Hong Kong Science and Technology Parks Corporation (HKSTP) has for 20 years dedicated to increase Hong Kong as a world innovation and expertise hub to propel success for native and international pioneers at present and tomorrow. HKSTP has established a thriving I&T ecosystem that’s dwelling to three unicorns and Hong Kong’s main R&D hub with over 11,000 analysis professionals and over 1,100 expertise firms targeted on healthtech, AI and robotics, fintech and good metropolis applied sciences.


     

    Established in 2001, we entice and nurture expertise, speed up and commercialise innovation and expertise for entrepreneurs on their journey of progress in Hong Kong, to the Greater Bay Area, 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 Long. 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 {industry}.


     

    Through our infrastructure, companies, experience and community of partnerships, HKSTP will assist set up innovation and expertise 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.


     

    More details about HKSTP is offered at www.hkstp.org.


     


     







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