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Hong Kong Science and Technology Parks Corporation, Hong Kong

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Hong Kong Science and Technology Parks Corporation, Hong Kong Fostering the Ecosystem for Innovation & Technology Eddie So, Ph.D. Sept 2019 Hong Kong: Asia’s Most Dynamic Startup Ecosystem No. of Startups No. of staff employed Origins of founders Source: Investhk 《2018/2019 Government Budget》 Promote and Reinforce the Development of I&T Artificial Healthcare Smart City FinTech Technology Intelligence & Robotics 10B 20B 10B 10B Two 0.5B 0.3B HK SZ ITF HKSTP Research Talents CyberPort I&T Park Clusters . First phase of the . Innovation and . 3B for . Healthcare . Technology Talent . CyberPort HK-SZ Innovation Technology Fund infrastructure and Technologies Scheme and Technology (ITF) facilities Park in the Lok . A.I. & Robotics . Postdoctoral Hub Ma Chau Loop . 7B for tenants and incubatees HKD 50.8B (USD 6.5B) Hong Kong Science Park Promoting integrated I&T development for Government, Industries, Academia and Researchers HKSTP – International I&T Hub 750 Tech Enterprises, 400,000 m2 Established in 2002 R&D Office Space ~13,000 Working Population International I&T Hub Leading Technology Park Companies from in GBA Incubator in HK with Science Park + 24 countries & regions 350 start-ups InnoCentre + Industrial Estate Science Industrial Park Estates R&D of Skill-intensive Technology Advanced Applications Development Manufacturing of HK’s Innovation HKSTP Economy Inno Centre Design & Fintech Science Inno Industrial Park Centre Estates R&D of Skill-intensive Design & Advanced Technology Fintech Manufacturing Applications Shatin KowloonInno Tong Tai Po Yuen Long TKO Centre Design & Fintech Connecting with Ecosystem Partners Universities Research Institutes Talent Technologies Transfer Sharing Facilities Innovation & Technology Fund (ITF) Strategic Corporate Funding / Partners Investment Private Equity / Business matching Venture Capital 700+ Companies Sponsored acceleration programs Standards, advocacy & influence in regulations and adoption Government & Industry Associations HKSTP’sInnovation Innovation & Technology & TechnologyEcosystem Ecosystem Technology Focus Areas Supported by HKSTP’s Technology Clusters AI & Robotics Smart City Biomedical Material & Precision Green Technology Technology Engineering Information & Electronics HealthCare FinTech Communication Technology Technology (ICT) HKSTP supports technology companies in all stages Government R&D Financial Support Talent Support Business Development Support STEP Science and Technology Entrepreneur Programme From idea to business reality 1. IDEA 2. EQUIP 3. EXECUTE Financial & Startup Support Entrepreneurial Guidance Business Venture Preparation GRANT TRAINING COACHING COMMUNITY TRANSCEND HKD 100K for idea Training system - Dedicated membership - transitioning to validation mindset & skillset account manager workspace at SP HKSTP Incubation development 1-year program with HKD v100K grant (USD 12.8K) INCUBATION INCU-BIO Professional Regulatory Objectives Services Support Growth : Offering 1-stop biomedical technology focused services to startups 4-year program Commercialization: Professional All rounded support BMT Ecosystem / Coaching HKD 4M grant + 2M funding Industry Assisting translation of research for regulatory activities Financial Sustainability : Providing capital (subsidy, investment) to support startups Fund-raising & Shared Equipment & through the “Valley of Death” Financial support Facilities Talents 4-year program with HKD 6M totalv financial support (USD 769K) HKSTP Infrastructure and Lab Support – Biomedical & Electronics • Healthcare device hub • Shared lab and equipment • Bare-shell laboratory • SME lab and office • Bio Bank • IC Design Service (EDA Tools) • Probe & Test Development Centre (PTDC) • IC Failure Analysis Lab (ICFAL) • Reliability Lab (RL) • 3D SiP Lab • Rapid Prototyping Lab Talent Support Schemes Postdoctoral Hub Researcher Programme Technology Talent Admission Scheme • “Postdoctoral Hub” Programme • “Researcher Programme” provides • Started on June 1st, 2018 provides funding support for funding to recruit researchers to recruitment of post-doctoral assist in R&D • A fast-track work-visa talents in R&D programme for eligible Bio Tech technology companies • HKSTP’s incubatees and tenants and institutes to admit A.I. • HKSTP’s incubatees and tenants eligible overseas and Mainland eligible technology talents Cyber Security • Max 2 researchers at one time • 1000 visas will be Robotics • Max 2 talents at one time awarded Data Analysis • Each researcher： • Up to 100 applicants per • Each Talent : . Bachelor’s Degree: company per year • Max HK$32K (USD 4.1K) X 36 months Max HK$18K (USD 2.3K) X 36 months Fin Tech • Max employer MPF allowance HK$1.5K . Master’s Degree: X 36 months Max HK$21K (USD 2.7K) X 36 months Material Science . Max employer MPF allowance HK$1.1K X 36 months Talent Support Schemes HKSTP Tenant Accommodation Support Scheme • Providing accommodation subsidy to “overseas/mainland employees of HKSTP Tenant Companies” who work and reside in HK • Target: Tenant companies with overseas/mainland employees admitted under the Technology Talent Admission Scheme (TechTAS) • The maximum amount of the subsidy per talent is HK$10K (US$1.3K) a month for max. 12 months Up to HK$120,000 (US$15K) per talent GAA Global Acceleration Academy Connecting enterprises with start-ups INDUSTRY HKSTP STARTUP explore provide develop solutions innovations structured startup for Industry first-hand support Partner Serving startups in 8 verticals Health Care Partners: Go to Market – Industry Adoption Channels and Support Provides matching platform Facilitate collaboration Provide test bed for Park - Feasibility study for enterprises to adopt between Park companies and companies to test or pilot - Functional/ DFM innovations by Park industry associations new technologies - Pilot to mass production companies - Certification Partnerships with 20+ local 20+ innovations were - IP protection Partnerships with 60 associations tested - Manufacturing corporations: Airport Authority, in 17/18 CLP, Maxim’s, Ocean Park, New World, HKT, Hutchison, MTR Growing the Start-up Ecosystem 3 Major Incubation Programmes – Incu-App, Incu-Tech, Incu-Bio 626 Graduates 489 Still in Business 4 Completed IPOs Investment Raised in FY18/19 Total fund raised by USD 2B Park companies Investment Support Services HKSTP Angel Venture + Investment Capital Private Investors Investment VC Partnership Matching Programme Corporate Gathering Venture Fund Investment Funds Raised Corporate Venture Fund Invested HKSTP Total Investment Fund (FY18/19) (up to Dec 2018) (as of today) Funds raised by 1 : 13.4 HKD 18 B Park companies HKD 600 M (USD 2.3 B) HKD 50 M HKD 670 M (USD 76.9 M) Our Investment Partners : *Updated in April 2019 Innovate for a Better Future Future Development @HKSTP InnoCell 2 new buildings for InnoHK Clusters AIR@InnoHK and Health@InnoHK programs • HK Government funds 10B HKD Attract world-class scholars (1.3B USD) to attract and support • Air@Inno and Health@Inno will attract world class global leading research institutes & scholars and their teams to HKSTP, your company universities setting up R&D centers can connect and recruit the best global research talents in these two fields in HK • HKSTP will physically host these R&D centers and provide support to Joint Collaboration InnoHK Clusters • Air@Inno and Health@Inno are open for joint researchers for translational research on cutting-edge topics, your company can research and commercialization work with global scholars through joint lab supported by HKSTP and the government Expansion Plans Cater for ImpressiveFuture Growth Growth Data Technology Hub (DT Hub) Advanced Manufacturing Centre (AMC) Location: TKO IE Location: TKO IE Land Area: 0.54 Ha Land Area: 2.71Ha GFA: 27,000m2 GFA: 108,580m2 Development Cost: HK$1.62B Development: HK$6.63B Year of Completion: 2020 Target Year of Completion: 2022 Estimate No. of I&T Related Staff: ~900 Estimate No. of I&T Related Staff: ~2500 Estimate value-added for economy: HK$573M per Estimate value-added for economy: HKD927M per/year year Hong Kong-Shenzhen I&T Co-operation Zone Hong Kong-Shenzhen I&T Co-operation Zone .
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