Introduction of

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Introduction of ng Kong Science & Technology Parks Corp.

description

Hong Kong Science & Technology Parks Corp. Introduction of. Mission of HK Science & Tech Parks Corp. To provide quality infrastructure and support facilities for innovation and technology development To offer full-service incubation programmes for technology start-ups - PowerPoint PPT Presentation

Transcript of Introduction of

Page 1: Introduction of

Introduction of

Hong Kong Science & Technology Parks Corp.

Page 2: Introduction of

• To provide quality infrastructure and support facilities for innovation and technology development

• To offer full-service incubation programmes for technology start-ups

• To foster partnership between industry and universities through joint training and research programmes

Mission of HK Science & Tech Parks

Corp.

Page 3: Introduction of

To encourage and promote innovation-based

entrepreneurial activities in order to:

I. Contribute to GDP growth and increase high value-added employment;

II. Reinforce Hong Kong’s position as a product development centre;

III. Enhance Hong Kong’s position as a window to the world.

The aim of Incu-Tech

Page 4: Introduction of

Business and Technical Support

• Technical & Management • Training & Education• Promotion• Networking• Aid Package• Office Premises• Communal service

Page 5: Introduction of

Technical and Management • Coverage of Technical & Management

Assistance Fund– Consultancies from universities– Pre-approved consultancies from

industry– Access to library– Access to laboratories– Video linking to training– Teaching Company Scheme for R&D– Work-study Programme– Student projects

Page 6: Introduction of

Training and Education

•Upgrade the managerial skill of incubatees

•Keep abreast of the current technological trends–Seminars/Forums by international specialists on new technologies

Page 7: Introduction of

Promotion

•Assistance to incubatees when the final products are ready– Product Launches/seminars– Sponsored Exhibitions

Page 8: Introduction of

Promotion

Computer Expo

• Exhibition

Page 9: Introduction of

Promotion

303

Asia Vision with Sealand

• Product Launch

Page 10: Introduction of

Promotion

• Enable incubatees to source capital, marketing, technology and OEM manufacturing partners.

• Annual TechWorld

TechWorld

BusinessMatching

• Business Matching

Page 11: Introduction of

Networking

To create synergy and business opportunities that develop from client networking

• Luncheons and orientation programmes

• Admission to the social clubs of selected universities

• Mentorship Programme– Sharing the business wisdom and a

third-person perspective

Page 12: Introduction of

Aid Package

3 yearsHK$184kPromotion Assistance Fund *

PeriodAmount

3 yearsHK$45kOperation Reimbursement Fund **

3 yearsHK$18kTraining Assistance Fund **

3 yearsHK$98kTechnical & Management Assistance Fund *

* HKSTP will subsidize 75% of the cost up to the amount specified and incubatees are responsible for the other 25%.** HKSTP will subsidize 50% of the cost up to the amount specified and incubatees are responsible for the other 50%.

Page 13: Introduction of

Office Premises• Up to a 12-month rent free

period • Ready to use office• Business Centre Service

– Receptionist service– Meeting Room– Office machines– Pantry

(Rent + (TC) Mgmt Fee *(p.s.f.) (SP)

HK$ 6+2

HK$ 4+2.5

HK$ 6+2

HK$ 4+2.5

HK$ 0+0

HK$ 0+0

Third Year

Second Year

First Year

* subject to meeting of milestones

Page 14: Introduction of

Communal Services

• Legal & IP Consultancy Referral Services– access to quality legal and IP

consultancy services at HK$375 per hour

– Service providers

• WI Cheung & Co (a firm of solicitors)• Wilkinson & Grist (a firm of solicitors)• Squire, Sanders & Dempsey (a firm of

solicitors)• Versitech Ltd. (a technology transfer

company of the University of Hong Kong)

Page 15: Introduction of

Innovation Centre (IC)• Converging entrepreneur and innovation• Focusing towards IC design and electronic system

engineering• Sharing of advanced technological infrastructure -

IC Design/Development Support Centre• Providing specialized services:

Design library Wafer shuttle Specialized IC CAD tool Test system platforms Specialized labs for SEM, FIB Wet labs for product/failure analysis

• Next generation incubation location• 100,000 sq. ft. floor space of lab/office• Ready for occupancy April 2003

Page 16: Introduction of

Mandatory Admission Criteria

• A start up company registered in Hong Kong

• At least 2 full-time staff, one of whom is a shareholder with not less than 20% share

• The company should have a dedicated and technically competent management team

• The company has a viable business plan

Page 17: Introduction of

Mandatory Admission Criteria

• Develop or commercialize technology in the innovation technology industry

• Conduct most of R&D activities at the Incubation Centre.

• It cannot operate only a sales & marketing office or retail outlet at the Incubation Centre;

• Laboratories at the Incubation Centre must be environmentally friendly which do not handle hazardous materials. They must be able to operate in an office building.

Page 18: Introduction of

Qualitative Assessment Criteria

• Quality and competence of the management team (e.g. one/more of the shareholders is a technical person of related discipline)

• Business viability• Innovativeness• Technology/R&D content• Milestones set for 6th month and 18th

month after admission

Page 19: Introduction of

No. of Incubatees & Graduates in the Programme

62

72

5 6 9

1923

32

4035

336

2519

40

63

22

92/93 93/94 94/95 95/96 96/97 97/98 98/99 99/00 00/01 01/02

Graduates

Incubatees

Page 20: Introduction of

Incu-Tech

• Examples of promising new projects involve commercialization of - – Wireless technology– Biometric applications– Application-specific IC design– System-on-chip technology– Multimedia communications– Thermal management technology for semiconductor industry

Page 21: Introduction of

Star Performers of Incu-Tech

• TeleEye: video and data compression technology for remote monitoring system– First incubatee listed on GEM– Oversubscribed by over 100

times when listed in May 2001

• InfoTalk: multilingual speech recognition systems– Received several local &

international awards– J/V with Intel and secured 3rd

round VC funding in June 2001, despite adverse market conditions.

Page 22: Introduction of

Star Performers of Incu-Tech• LECCO Technology: database

performance enhancement software– 5 overseas regional offices– Received NBIA Award in 2000

(first award outside US)– Sold more than 2000 licences

worldwide– Clients : Boeing, Merrill

Lynch, Sealand, Hitachi & NTT

Page 23: Introduction of

HK Science & Technology Parks :http://www.hkstp.org

Enquiry : 2784 2683

For further information


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