Hong Kong Special Administrative Region – Media OutReach Newswire – January 18, 2024 – In its latest innovation mixer to the US West Coast, Hong Kong Science and Technology Parks Corporation (HKSTP) brings together approximately 150 technology experts from leading companies and universities. We planned a dinner reception. Venture capital firms include Google, Alibaba, Stanford University, UC Berkeley, JP Morgan, US Capital, East West Bank, and more. Participants were intrigued by the vast opportunities and resources available in Hong Kong's burgeoning Innovation and Technology (I&T) sector, as well as HKSTP's comprehensive support for technology ventures, including incubation and tenant programs. The event, which generated high engagement and great interest, will contribute to HKSTP's mission to attract global talent and investment to Hong Kong.
Co-hosted by HKSTP, the Hong Kong Economic and Trade Office (ETO), San Francisco, and the Hong Kong Association of Northern California, the dinner reception aims to invite US technology experts to discover the rich opportunities in Hong Kong's I&T ecosystem. , solidifying this location as a base for expansion into Asia and other regions.
Speaking at the sharing session, Mr. Albert Wong, CEO of HKSTP, pointed out the city's distinct advantages, saying, “Hong Kong is currently in a golden age of I&T, and the resources and support provided to this sector are unprecedented. As an international I&T hub, we are home to 5 of the world's top 100 universities with strong research and development capabilities. Located in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA) Hong Kong serves as an important gateway for attracting international companies and investment to China, while supporting mainland Chinese businesses to expand globally.”
“Hong Kong is also a stage for talented people from around the world to realize their potential and achieve success,” he added. “In addition to our strategic location in the GBA, competitive salaries and government policy support, HKSTP offers a variety of programs to help international talent settle and grow in this dynamic hub. Our InnoCell is a prime example of providing affordable, high-quality accommodations to I&T talent around the world.”
Jaco Tsang, director of the Hong Kong Economic and Trade Bureau in San Francisco, said the ETO in San Francisco welcomed the HKSTP delegation and is happy to assist businesses and individuals interested in exploring opportunities in Hong Kong.
The panel discussion was designed to enlighten participants on the different technology landscapes in the Pacific and how to navigate the opportunities in Hong Kong. Two entrepreneurs who have successfully expanded their businesses in both Hong Kong and the US were invited to share their perspectives and experiences. Dr. Louis Wong, president and CEO of Advanced Sensor Integrations, said Hong Kong is an ideal location for startups due to its well-established intellectual property protection laws and free flow of capital. Red Snodgrass, co-founder and CEO of EdgeIn, said companies will greatly benefit from the vast investment opportunities in the Hong Kong ecosystem and China's huge market potential.
Following last year's trip to Southeast Asia, HKSTP continued its Innovation Mixer, connecting U.S. technology talent and companies with the vast opportunities in Hong Kong, the GBA, and Asia. In addition to the dinner reception, the HKSTP delegation will meet with like-minded innovators, academics, and talent from world-class technology ventures and prestigious educational institutions such as NVIDIA, Stanford University, and the University of California, Berkeley, to rapidly expand their business in Hong Kong. We plan to introduce the I&T ecosystem that is growing rapidly. Kong.
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Hong Kong Science and Technology Park Corporation
The Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 with a mission to position Hong Kong as an international innovation and technology (I&T) hub. HKSTP has over 13,000 research professionals and approximately 1,700 technology companies from 24 countries and regions, with over 10 unicorns focused on healthtech, AI and robotics, fintech, and smart city technologies. We have built a thriving I&T ecosystem that supports businesses.
We provide comprehensive support to attract and develop talent, accelerate innovation and commercialize technology ventures' I&T efforts. Our growing innovation ecosystem is built around key locations: the Hong Kong Science Park in Sha Tin, the Inno Center in Kowloon Tong, and three modern Inno Parks in Tai Po, Tseung Kung O, and Yuen Long. . His three InnoParks are realizing Hong Kong's vision of a new industrialization, with sectors such as advanced manufacturing, microelectronics and biotechnology being reimagined for a new generation of industries.
To support Hong Kong's future development and the growing demand of the I&T industry, HKSTP is actively connecting Hong Kong and Shenzhen. It aims to strengthen cross-border exchanges, attract technology companies and talent from around the world, and help companies globalize by exploring mainland China and overseas markets.
Hong Kong Science Park Shenzhen Branch, located in Futian, Shenzhen City, opened in September this year with a total floor area of 31,000 square meters. The two buildings include dry and wet laboratories, collaboration areas, and meeting and exhibition space. We will focus on attracting companies in seven key areas: medical technology, big data and AI, robotics, new materials, microelectronics, fintech, and sustainability.
Through its network of infrastructure, services, expertise and partnerships, HKSTP supports the establishment of I&T as a pillar of growth in Hong Kong, and Hong Kong's international I&T hub status as a springboard for growth in the heart of the GBA innovation powerhouse. strengthen.