The Office of Knowledge Transfer and Technology Transfer Center Host the HKUST Technopreneur Outreach Day to Promote HKUST Startups
The Office of Knowledge Transfer (OKT) and Technology Transfer Center (TTC) of the Hong Kong University of Science and Technology (HKUST) hosted the HKUST Technopreneur Outreach Day on 5 May to connect the HKUST technopreneurs to the investment community, professional network as well as potential business.
The Office of Knowledge Transfer (OKT) and Technology Transfer Center (TTC) of the Hong Kong University of Science and Technology (HKUST) hosted the HKUST Technopreneur Outreach Day on 5 May to connect the HKUST technopreneurs to the investment community, professional network as well as potential business.
19 HKUST Technology startups funded by the Technology Start-up Support Scheme for Universities (TSSSU) from 6 technology areas participated in this event to showcase their business idea, products and services. The event attracted 100 participants including investors from various business sectors.
At their welcoming speeches, Professor John Chai, Vice-Chairman of the Council & Chairman of Knowledge Transfer Committee and Professor Wei Shyy, Executive Vice-President & Provost of the HKUST emphasized HKUST engagement in assisting and stimulating the culture of innovation and entrepreneurship.
Following the greetings from Professor Chai and Professor Shyy, Mr. Johann Wong, JP, Deputy Commissioner of ITC of the HKSAR and Ir. Dr. Samson Tam Wai Ho, JP, Chairman of Hong Kong Business Angel Network also pointed out the importance of innovation and entrepreneurship to the society.
To promote their feature technologies and business ideas, each startup company gave a 2-minute presentation at the pitching session and exchanged ideas with guests and investors at the mingling session. The event not only facilitated the connection between the HKUST technopreneurs and the business community but also gave an opportunity for the business community to learn more about the HKUST technopreneurs.
Technology Start-up Support Scheme for Universities (TSSSU), a programme under the Innovation and Technology Fund (ITF), has been launched by the Innovation and Technology Commission (ITC) since 2014. The programme aims at encouraging students and faculties to start up technology businesses and commercialise their research and development (R&D) results as well as providing better support for technology start-ups to translate new ideas into business opportunities.
For the past three years, the ITC had provided an annual funding of up to HK$4 million to each university on a reimbursement basis for expenses incurred by the University recommended technology start-ups. 29 new technology start-ups from the HKUST have received the funding support to build up their business.
To learn more about the TSSSU companies, please visit http://ttc.ust.hk/index.php?specpage=startup.
About The Hong Kong University of Science and Technology
The Hong Kong University of Science and Technology (HKUST) (www.ust.hk) is a world-class research university that focuses on science, technology and business as well as humanities and social science. HKUST offers an international campus, and a holistic and interdisciplinary pedagogy to nurture well-rounded graduates with global vision, a strong entrepreneurial spirit and innovative thinking. HKUST attained the highest proportion of internationally excellent research work in the Research Assessment Exercise 2014 of Hong Kong’s University Grants Committee, and is ranked as the world’s best young university in Times Higher Education’s Young University Rankings 2019. Its graduates were ranked 16th worldwide and top in Greater China in Global University Employability Survey 2018.