https://www.scmp.com/rss/329911/feed A look at how corporations in Hong Kong are turning to startups to provide solutions, and how non-profit initiative JUMPSTARTER continues to support young businesses in the region and around the globe. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com [Sponsored article] After several rounds of intense pitching to a panel of judges at the Jumpstarter 2022 Global Pitch Competition, a field of more than 600 ambitious start-ups was narrowed down to two winners: portable health screening device manufacturer Gense Technologies, and Open Ocean Engineering, which aims to be the “Tesla of boats”. The two Hong-Kong based firms were the standouts in a competition that showcased innovative start-ups from more than 60 countries and regions. Gense... https://www.scmp.com/presented/business/topics/flying-start/article/3177156/innovation-and-social-impact-big-winners?utm_source=rss_feed https://www.scmp.com/presented/business/topics/flying-start/article/3177156/innovation-and-social-impact-big-winners?utm_source=rss_feed Tue, 10 May 2022 08:41:41 +0000 Hong Kong has always been famous for its entrepreneurial spirit, so it should come as no surprise that the city is becoming a global hub for start-ups. Data recently released by the government department InvestHK shows the number of start-ups in Hong Kong reached 2,625 in 2018 – a remarkable 146 per cent increase compared with the 1,065 recorded in 2014. The ecosystem is also cosmopolitan, with 35 per cent of these young businesses founded by entrepreneurs from outside the city, most notably the... https://www.scmp.com/native/tech/start-ups/topics/flying-start/article/2182299/5-asia-start-ups-hope-edge-out-global?utm_source=rss_feed https://www.scmp.com/native/tech/start-ups/topics/flying-start/article/2182299/5-asia-start-ups-hope-edge-out-global?utm_source=rss_feed Wed, 16 Jan 2019 04:39:13 +0000 Earlier this year, Hong Kong’s Financial Secretary Paul Chan Mo-po, in his budget speech for the financial year 2018-19, pledged HK$50 billion (US$6.4 billion) to boost the city’s long-term technology and innovation development – a fourfold jump from the year before. Much of the budget will be used to support the start-up community, which plays an important part in transforming the global economy for the future. Paul Chan's ‘back to the future’ budget: HK$50 billion on hi-tech. HK$50 billion on... https://www.scmp.com/native/business/topics/flying-start/article/2179028/why-corporations-see-bright-future-start-ups-and?utm_source=rss_feed https://www.scmp.com/native/business/topics/flying-start/article/2179028/why-corporations-see-bright-future-start-ups-and?utm_source=rss_feed Fri, 21 Dec 2018 03:30:45 +0000