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OpinionLetters

Letters to the Editor, September 16, 2016

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Letters

More help vital for HK’s young entrepreneurs

I agree with the letter by Hui Wing-lam (“Local start-ups face so many obstacles”, September 9).

In Hong Kong, because large enterprises monopolise the market, young people find it tough to successfully launch a business. To realise your dream of a start-up, you need a substantial sum of money.

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The government must make subsidies available to young entrepreneurs and make available business premises that can be let out at below the market rent so the fledgling bosses can afford it.

It should organise talks by professionals who can share their experience about getting a new company up and running.

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This can help youngsters have a better understanding of the real business environment which they will have to work in. Hopefully they can then be ­better equipped to deal with the monopolies which are harmful to our society.

The government can learn from the policies adopted to ­assist young entrepreneurs in Korea. These measures help these young people overcome the regulatory, structural, educational and cultural obstacles prevalent in the country.

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