Science Park accelerators: clearing way for corporations and tech ventures to take off
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The need for innovation has never been more important as in today’s ever-evolving markets. A company needs to be innovative-able in order to create value to product portfolio and operation, thus staying ahead of keen competition in the markets.
A range of barriers could, however, inhibit that innovation. Some of these obstacles have to be tackled internally, but many might only need one relatively simple solution: an accelerator.
"The combination of entrepreneurship activity and corporate ability seems like a perfect match, but can be difficult to achieve,” Peter Mok, Head of Strategic Partnership, Hong Kong Science and Technology Parks Corporation (HKSTP), said.
“The success of our Smart Airways and Smart Operation acceleration programmes are proof that an industry-driven accelerator works well to add value for the tech community and create innovation benefits for corporate partners. Corporation innovation is made easier when corporations are encouraged through the community of our accelerators, and the resources they share are crucial in our community to speed up PoC (Proof-of-concept) process, thus redefining the limits and expanding the possibilities in industries.”
As part of HKSTP’s Global Acceleration Academy (GAA), an international business acceleration programme, the Smart Airways and Smart Operation accelerators ended on a successful note earlier this month, with some 200 attendees to a PoC demo performed by shortlisted tech ventures on the Science Park campus.
