HONG KONG, CHINA

HKSTP FAST TRACK POWERED BY BRINC
Overview

Comprising Science Park, InnoCentre and Industrial Estates, Hong Kong Science & Technology Parks Corporation (HKSTP) is a statutory body dedicated to building a vibrant innovation and technology ecosystem to connect stakeholders, nurture technology talents, facilitate collaboration, and catalyse innovations to deliver social and economic benefits to Hong Kong and the region.

HKSTP Fast Track in collaboration with Brinc, is a comprehensive 5-10 day programme including tailored support and guidance on how to scale your business in Hong Kong and the Greater Bay Area. During Week 1 of the programme, participants will be introduced to the thriving innovation ecosystem in the Greater Bay Area as well as key considerations including how to setup a business, government funding, taxes, talent, R&D opportunities, and all HKSTP programmes. During Week 2, participants have the option to meet with potential investors, and engage in corporate matching and individual sessions with InvestHK and HKSTP who will advise the best way to grow your business in the region.

Our Offer

Selected startups will be invited to join the comprehensive 5-10 day programme hosted in collaboration with an extensive ecosystem of local partners to educate participants on; visas and immigration, taxation, government grants and support, fundraising, talent recruitment, go-to-market strategies, policies and regulations, and supply chains for selected industries.

Upon completion of the 5-10 day Fast Track programme, participants are expected to be equipped with all the necessary knowledge and introductions to all potential stakeholders that can help setup and scale their business in the GBA and translate their R&D into commercialised products. Potential outcomes include but are not limited to; joint R&D projects with local universities, access to government grants, acceptance into HKSTP Programmes, Accelerator opportunities and connections to local investors or corporate partners.

Key Benefits

    • Practical tips to secure local government fundings on talent and R&D up to US$2.6M per startup.
    • Introduction to local investors, accelerators and corporate matching.
    • Build your network in the GBA to gain access to 72 million population and market worth US$1.7 trillion in GDP.
    • Derive your best tax strategy in the simple tax regime in HK to explore China business (16.5% flat for annual net profit, max 300% tax rebate on R&D spending).
    • Guidance on the requirements and best path to apply for HKSTP programmes and opportunities to scale your business in the region.

Partnering with Hong Kong FinTech Week Global Fast Track 2021

HKSTP Fast Track is also proud to be part of the Global Fast Track 2021 (GFT21) during this year’s Hong Kong FinTech Week on 1-5 November. All applicants to HKSTP Fast Track are encouraged to participate in GFT21 for an extra opportunity to meet with and pitch to senior executives from Corporate and Investor Champions in Hong Kong. The benefits will include:

    • Connect with 80+ Corporate and Investor Champions: Meet with the right Champions who are in need of your solution(s) through our tailored B2B matching portal
    • Grasp fundraising opportunities: Pitch to Angels, VCs, Corporate Venture Arms and Family Offices, each with diverse portfolios and criteria for investment
    • The most comprehensive programme to date: We integrate several soft-landing support programmes of Hong Kong into a single Global Fast Track scale-up offering
    • Networking opportunities and more

Cohort 3 Theme: RegTech – FinTech

FinTech is a flourishing industry, improving and automating the use and delivery of the financial services sector. It has shifted towards consumer-oriented services and now includes different sectors. We are looking for talented entrepreneurs with cutting-edge B2B or B2C FinTech solutions.

Fast Track Programme Verticals

  • AI Enabled RegTech
  • Data Protection
  • RegTech Knowledge Graphs
  • Digital Identity
  • Digitizing Trade Finance
  • ESG (Environmental Sustainability Governance)
  • Cyber Security
  • Alternative Data/Risk Management
  • Conduct and Customer Protection
  • KYC/AML & Financial Crime
  • Sales Practice and Suitability
  • Open API

Application Requirements

  • There are no restrictions on company size to apply for this Fast Track Programme.
  • Applications that express clear interest in landing in Hong Kong and the GBA within the next 12 months will be prioritized.
  • Any local or international startup which is not a current HKSTP tenant is eligible to apply.
  • Any startup which has not applied for the InvestHK Global Fast Track Programme 2021 is eligible to apply.

Program Requirements

We encourage accepted participants to join on-site for the 5-10 day programme but if travel restrictions apply all sessions will be held virtually and recorded. Participants should expect on average 4 hours of sessions daily during week 1 and a flexible schedule in week 2 for investors, corporates and 1on1 meetings with InvestHK and HKSTP.

Key Dates

  • Application Deadline: September 3, 2021
  • Acceptance Notifications: September 13 – 17, 2021
  • Fast Track Programme: September 20 – 30, 2021

Ready to apply?

Applications are now open!

Mix business with purpose

We create value for our portfolio companies and our ecosystem partners by facilitating mutually beneficial partnerships.