The Cyberport project was kicked off after the HKSAR Government announced the establishment of a dedicated organisation and the provision of essential infrastructure to offer a strategic cluster of information technology industry services.
The opening ceremony was held on 27 June 2003.
The Arcade, the retail and entertainment complex with a state-of-the-art cinema, technology experience facilities, restaurants featuring international cuisines, lifestyle shops and a supermarket, offering fresh recreational experiences for the public.
The Centre provides support to content developers and multimedia professionals with high-end production equipment for production of video, film, animation, and game content for online platforms.
Opened on 20 April 2004, the hotel offers to Cyberport guests unparalleled high-tech services and five-star hospitality, and was fully renovated in 2022
The InCuTrain Centre (now the Entrepreneurship Centre) opened on 30 September 2005, aiming to develop Hong Kong’s Digital Entertainment industry by incubating local start-up companies in relevant industries.
Within 24-month incubation, the Programme provides comprehensive support, funding of up to HK$ 500,000 and free working space on campus for start-ups to accelerate their growth.
The Cyberport project was kicked off after the HKSAR
Government announced the establishment of a
dedicated organisation and the provision of essential
infrastructure to offer a strategic cluster of information
technology industry services.
The Centre provides support to content developers and multimedia professionals with high-end
production equipment for production of video, film, animation, and game content for online platforms.
The InCuTrain Centre (now the Entrepreneurship Centre) opened on 30 September 2005,
aiming to develop Hong Kong’s Digital Entertainment industry by incubating local start-up
companies in relevant industries.
The opening ceremony was held on
27 June 2003.
The Arcade, the retail and entertainment complex with a state-of-the-art cinema, technology experience
facilities, restaurants featuring international cuisines, lifestyle shops and a supermarket, offering fresh
recreational experiences for the public.
Opened on 20 April 2004, the hotel offers to Cyberport guests unparalleled high-tech
services and five-star hospitality, and was fully renovated in 2022
Within 24-month incubation, the Programme provides
comprehensive support, funding of up to HK$ 500,000 and
free working space on campus for start-ups to accelerate
their growth.
Total Companies
0 +FinTech Companies
0
Smart Living Companies
0
Digital Entertainment and Esports Companies
0
As of March 2023
CUPP participants (since launch)
0CCMF grantees & CIP incubatees
0
Jobs provided at Cyberport Career Fair & Youth Internships
0+As of March 2023
(Accumulated Figures)
Funds raised by Community Start-ups
HK$ 0 MCMF & Co-investments total amount
HK$ 0 , 0 MIndustry awards
0Intellectual property rights
0
Local and overseas accelerator admissions
0As of March 2023
Physical & virtual events/participation
0 / 0As of March 2023
Mr Simon CHAN Sai-ming, BBS, JP
Professor Karen CHAN Ka-yin, JP
Professor Christopher CHAO Yu-hang
Ms Ivy CHEUNG Wing-han
Mr Jack KONG Jianping
Hon LAU Kwok-fan, MH JP
Dr Michael LEUNG Kin-man, MH
Ms Erica MA Yun
Mr Eddie MAK Tak-wai, JP
Mr Victor NG Chi-keung, BBS, MH
Ir Dr PANG Yat Bond, Derrick, JP
Dr Charleston SIN Chiu-shun
Mr Hendrick SIN, MH
Ms Maggie TSOI Tsz-shan
Mr Eric YEUNG Chuen-sing, JP
Professor LING Kar-kan, SBS
(Retired)
Ms Rosana WONG Wai-man
(Retired)
Mr Simon CHAN Sai-ming, BBS, JP
Professor Karen CHAN Ka-yin, JP
Professor Christopher CHAO Yu-hang
Ms Ivy CHEUNG Wing-han
Mr Jack KONG Jianping
Hon LAU Kwok-fan, MH JP
Dr Michael LEUNG Kin-man, MH
Ms Erica MA Yun
Mr Eddie MAK Tak-wai, JP
Mr Victor NG Chi-keung, BBS, MH
Ir Dr PANG Yat Bond, Derrick, JP
Dr Charleston SIN Chiu-shun
Mr Hendrick SIN, MH
Ms Maggie TSOI Tsz-shan
Mr Eric YEUNG Chuen-sing, JP
Professor LING Kar-kan, SBS
(Retired)
Ms Rosana WONG Wai-man
(Retired)
Innovation and technology (I&T), as the engine of economic development in Hong Kong, is poised to open up a new and exciting journey for the future. Over the past 20 years, Cyberport has been committed to promoting the comprehensive development of the I&T ecosystem, and to encouraging the adoption of innovative technology solutions in society and industry to enhance the convenience of living for the general public, sharing the fruits of I&T among the wider community.
Simon Chan, BBS, JP
Chairman
As Hong Kong’s digital technology flagship and incubator for entrepreneurship, Cyberport has dedicated full efforts to cultivating outstanding start-ups and I&T talents, attracting strategic enterprises, and helping forefront enterprises to go global. On Cyberport’s 20th anniversary, the number of community companies has reached a record high of exceeding 2,000, doubling the number in 2018, and that of unicorn companies increased to seven. The cumulative funds raised by Cyberport start-ups surpassed HK$37.5 billion, while our community companies achieved over 1,400 local and international industry awards and more than 500 intellectual property rights, which manifest Hong Kong’s innovative prowess and contribution to economic and social value.
Peter Yan, JP
Chief Executive Officer
Talent Cultivation and Development
Talent cannot exist without assistance, guidance, and concrete action. Cyberport has remained steadfast in providing vital support to innovative talent and entrepreneurs, helping them seize new opportunities in the rapidly expanding global I&T landscape. When we put this philosophy into action, the results are fruitful, assisting numerous numbers of dreamers in realising their entrepreneurial ambitions.
Upon the recommendation of the HKSAR Government, Cyberport was acknowledged as “State-level Scientific and Technological Enterprise Incubator” by the Ministry of Science and Technology (MOST) in 2020, recognising our continuous efforts in cultivating I&T and entrepreneurship talent to assist our country in building worldleading talent and innovation hubs.
To celebrate Cyberport’s recognition as a “State-level Scientific and Technological Enterprise Incubator” by the Ministry of Science and Technology (MOST) and the plaque unveiling ceremony, Cyberport invited community members to share the outstanding achievements.
22/23 Financial Practitioners FinTech Training Programme concluded successfully with overwhelming response from the financial industry.
Industry Development
The world is undergoing a digital transformation, and driving this revolution is I&T, which is creating a strong impetus for sustainable growth. We are vanguard of change – now is the time to strike while the iron is hot, leveraging the opportunities community companies have in front of them to develop innovations that meet the zeitgeist of our times.
To achieve these noble goals, Cyberport redoubled efforts in 2022/23 to provide robust support to foster I&T industry growth, and connect our companies to opportunities worldwide. We have been proactive in developing new initiatives to assist Hong Kong to capitalise on emerging opportunities, particularly in Web3, and relevant technologies.
Asia’s flagship innovation and technology event Digital Economy Summit 2023, which was jointly organised by the HKSAR Government and Cyberport, held at the Hong Kong Convention and Exhibition Centre, and HKSAR Chief Executive John Lee, Financial Secretary Paul Chan and other key officials attended. An experience zone was set up to demonstrate the latest technology solutions from Cyberport community start-ups, partners, and more, to allow participants to have an opportunity to experience technology solutions first hand.
To celebrate the nine-year collaboration of Cyberport with Accenture on the FinTech Innovation Lab Asia-Pacific, alumni of the programme and FinTech start-ups exhibited their innovative solutions, and thought leaders shared their insights on how to build a more sustainable financial system by using blockchain and artificial intelligence technologies to improve ESG measurement and performance with greater transparency.
Integration of New and Traditional Economies
The world is demanding more I&T solutions, and community companies can fill this void and greatly benefit themselves and society. Whether in FinTech, Smart Living and Smart City, and Digital Entertainment or the exciting realms of Web3, AI, and GreenTech, the rapid growth of innovative entrepreneurs within the Cyberport community is impressive and continues to offer a competitive edge in the future.
Within this flurry of activity, Cyberport has consistently served as an active matchmaker, integrating the new and traditional economies and bridging demand and supply. Our goal extends beyond providing business opportunities for start-ups and tech companies; we aim to accelerate Hong Kong’s digital transformation and smart city development. This in turn, keeps Hong Kong competitive as new innovations transform the world we live in.
Cyberport has collaborated with the Education Bureau (EDB) to launch the “Professional Development Programme on Innovation and Technology for STEAM Co-ordinators of Schools”, offering professional development courses for primary and secondary school teachers in STEAM (Science, Technology, Engineering, Arts, and Mathematics) subjects.
Cyberport launched the Fintech Supervisory Sandbox 3.1 Pilot in collaboration with HKMA to accelerate commercialisation of FinTech projects.
Market Outreach and Investment
Fundraising remains a challenge considering the global downturn and slow recovery from the pandemic. Although we saw an increase in investment during the first three quarters of the year, VC activity slowed amid shifting economic conditions and volatile global circumstances. Regardless of these obstacles, the Cyberport Macro Fund, Cyberport Investors Network, and other investment-promotion initiatives, continued to bolster start-up investment, spur economic growth, and fuel international expansion. To seek new avenues of growth, we persistently established connections, and unlocked fresh opportunities for community companies to scale up and expand into new horizons.
Professor Sun Dong, Secretary for Innovation, Technology and Industry of HKSAR mentioned at Cyberport Venture Capital Forum 2022 that we would be working closely with the Office for Attracting Strategic Enterprises to attract top-notch I&T enterprises and talents to Hong Kong to strengthen the local I&T ecosystem and to power up the development of tech industry of Hong Kong.
Representatives from Hong Kong’s cultural and creative industries as well as the Digital Entertainment sector met with a delegation from Saudi Arabia to explore how Hong Kong can become a gateway fostering exchanges between MENA and Asia.
While I&T are indispensable to business operations, Environmental, Social, and Governance (ESG) is becoming an essential element of any business. As climate change and environmental degradation continue unabated, business must act to help achieve sustainability and indeed create a better future for us.
The board of directors (the “Board” or “Board Members”) and the management (“Management”) of Hong Kong Cyberport Management Company Limited (the “Company”) are committed to maintaining and upholding high standards of corporate governance. The Company believes that good corporate governance provides the foundation for good corporate performance and is essential to accomplishing our public missions, meeting the expectations of our stakeholders, and attaining long-term and sustainable growth. The Company has therefore adopted accountability, transparency, fairness, ethics and integrity as the cornerstones of our corporate governance framework.
Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,000 members including over 900 onsite and close to 1,100 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong SAR Government. With a vision to be the hub for digital technology, thereby creating a new economic driver for Hong Kong, Cyberport is committed to nurturing a vibrant tech ecosystem by cultivating talent, promoting entrepreneurship among youth, supporting start-ups, fostering industry development by promoting strategic collaboration with local and international partners, and integrating new and traditional economies by accelerating digital transformation in the public and private sectors.
