Annual Summary
Total Companies
0 +FinTech
0+Smart Living
~ 0AI, Big Data & Robotics
0+offsite: 0+
Digital Entertainment
0+
CUPP participants (since launch)
0CCMF grantees & CIP incubatees
0
| Legends | |||
|---|---|---|---|
| CUPP | Cyberport University Partnership Programme | CASP | Cyberport Accelerator Support Programme |
| CCMF | Cyberport Creative Micro Fund | MDSS | Overseas/ Mainland Market Development Support Scheme |
| CIP | Cyberport Incubation Programme | CMF | Cyberport Macro Fund |
| GBA YEP | Cyberport GBA Young Entrepreneurship Programme | ||
As at March 2024
(Accumulated Figures)
Funds raised by Community Start-ups
HK$ 0 M(US$ 0 . 0 M)
CMF & Co-investment total amount
HK$ 0,0 M(US$ 0.0 M)
Industry awards
0Intellectual property rights
0
Local and overseas accelerator admissions
0
Physical & virtual events/Participation
0 / 0As at March 2024
Board of Directors
-
Mr Simon CHAN Sai-ming, BBS, JP
-
Mr Nicholas CHAN Hiu-fung, BBS, MH, JP, Hon Fellow (HKUST)
-
Professor Christopher CHAO Yu-hang
-
Ms Ivy CHEUNG Wing-han
-
Dr 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 Patrick TSANG On-yip, BBS
-
Dr Maggie TSOI Tsz-shan
-
Mr Ken WONG Kin-hang
-
Professor Eric YEUNG Chuen-sing, JP
-
Professor Karen CHAN Ka-yin, JP
(Retired) -
Mr Hendrick SIN, MH
(Retired)
Mr Simon CHAN Sai-ming, BBS, JP
Mr Nicholas CHAN Hiu-fung, BBS, MH, JP, Hon Fellow (HKUST)
Professor Christopher CHAO Yu-hang
Ms Ivy CHEUNG Wing-han
Dr 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 Patrick TSANG On-yip, BBS
Dr Maggie TSOI Tsz-shan
Mr Ken WONG Kin-hang
Professor Eric YEUNG Chuen-sing, JP
Professor Karen CHAN Ka-yin, JP
(Retired)
Mr Hendrick SIN, MH
(Retired)
Chairman’s Statement
With unprecedented momentum in digital technology advancement, AI and Web3.0 ecosystems have unleashed the potential of emerging industries, driving development of innovation and technology (I&T), and digital economy. Cyberport spared no efforts in pooling resources for technology innovation from both local and international sources to enrich the local I&T ecosystem and nurtured start-ups and innovative entrepreneurs, leveraging their new quality productive forces to drive the digital upgrade of socio-economy and promote high-quality development. Capitalising on Hong Kong’s unique position as a “super-connector” and “super-value-adder” connecting the Mainland and the world, Cyberport actively plays a bridging role in empowering local enterprises to embrace highly promising national and overseas markets, such as the Greater Bay Area and the “Belt and Road” countries.
Simon Chan, BBS, JP
Chairman
Chief Executive Officer’s Report
Generative AI is revolutionising the global socio-economic evolution and opening up new frontiers. As our country has advanced the innovation-driven development strategy, and the HKSAR Government augmented input for the I&T sector, Cyberport complemented the development strategies by steering our public missions. We supported high-calibre start-ups and gathered industry-leading enterprises, leveraging their competitive prowess in forefront technologies such as AI and big data, FinTech, Smart Living, Digital Entertainment, Web3.0, and Cybersecurity, to accelerate digital transformation of the traditional economy and extensive application of I&T to enhance building of the smart city, which benefited the general public with fruits of I&T efforts, leading Hong Kong to become an international I&T hub with the common good for all.
Dr Rocky Cheng
Chief Executive Officer
Public Missions
Public Missions
Talent Cultivation and Development
Industry Development
Integration of New and Traditional Economies
Market Outreach and Investment
Talent Cultivation and Development
Industry Development
Integration of New and Traditional Economies
Market Outreach and Investment
Talent Cultivation and Development
Innovative minds propel Hong Kong’s long-term prosperity. They fuel the I&T sector’s vitality, unlock transformative potential, ultimately boosting the Hong Kong economy. In 2023/24, Cyberport’s unceasing efforts to nurture I&T talent surged ahead. While continuing to provide holistic, tailored support to budding I&T ambitions, Cyberport expanded its talent cultivation initiatives, enabling the young and entrepreneurial to explore the frontiers of I&T and shape the city’s digital future.
Last year, to mark Cyberport’s 20th anniversary with the number of community companies exceeding 2,000, a celebration ceremony was held to showcase Cyberport’s achievements over the past two decades and to celebrate the graduation of startups from the Cyberport Entrepreneurship Programmes, namely Cyberport Incubation Programme (CIP) and Cyberport Creative Micro Fund (CCMF), adding vitality to the I&T community.
This year’s “Cyberport GBA Young Entrepreneurship Programme” attracted students of around 50 universities and higher education institutions in the GBA and 168 students were selected to participate in the entrepreneurship boot camp at Sanshan Science and Technology Innovation Center in Foshan. This year’s entrepreneurship boot camp covered innovative I&T topics such as FinTech, Web3.0, Art Tech, sustainable development, opportunities in digital asset and compliance issues.
Industry Development
A digital renaissance is taking place, and I&T is proving to be a catalyst for economic rejuvenation and high-quality development. With expanding prospects, Cyberport is at the heart of igniting start-ups and innovative entrepreneurs, broadening their horizons, and amplifying their impact. Aspirations spanning FinTech, Smart Living and Smart City and Digital Entertainment to Web3.0, AI, and Cybersecurity are all flourishing, and Cyberport is placed to deliver the next game-changer. To succeed, we have doubled development efforts and support for start-ups to be comprehensive and effective in this rapidly evolving landscape.
The two-day Digital Economy Summit 2024 brought together more than 100 luminaries from I&T, business, industry, academia, and government to explore how I&T can reshape the urban landscape and digital economy while enhancing sustainability, connectivity, and resilience.
The fourth Anti-Money Laundering Regtech Lab event.
Integration of New and Traditional Economies
I &T is the lifeblood of business, going from novelty to necessity and from rare to routine across industries. Start-ups are a key part of this effort. Amid soaring demand for digital solutions, Cyberport has intensified its efforts to connect innovative start-ups with the market. By forging vital links between emerging and established economies, we are accelerating Hong Kong’s digital transformation and smart city development, unlocking new productive forces, and charting new horizons for collective growth. Together with our partners, we are an unstoppable force in making Hong Kong a powerhouse for the future.
Cyberbay and the Hong Kong Police Force jointly organised the “BugHunting Campaign” to assist the SMEs and start-ups in improving their network safety performance.
Start-ups enthusiastically embraced the opportunity provided by DTSPP, offering 56 solution packages.
Market Outreach and Investment
I &T is unveiling vast horizons for community companies, with new hotspots emerging across the Greater Bay Area (GBA), the Belt and Road, and beyond. These times are incredibly exciting. Recognising that start-ups require robust financial and outreach support to scale and achieve their maximum potential, Cyberport is leveraging its existing apparatuses while actively expanding global networks. To take advantage of this once-in-a-generation moment, we are propelling growth, empowering start-ups to broaden their reach, and contributing to Hong Kong’s competitiveness as a global I&T hub at the forefront of technological innovation and entrepreneurial success.
Cyberport Venture Capital Forum 2023, themed “Venture Forward: Game Changing through Innovation”, gathered a dynamic blend of the world’s influential venture experts, entrepreneurial visionaries and innovative thinkers. They delved into the prospects and strategies for the venture capital market to capitalise on emerging trends such as Web3 and AI.
Cyberport Investors Network (CIN) has held many matching activities in the past. With the establishment of W3IC, it provides an exclusive investor network in the Web3.0 field to promote investments related to Web3.0-related projects.
Environmental, Social and Governance Report
ESG is a cornerstone of the modern business world, and as such, Cyberport is dedicated to sustainability and Environmental, Social, and Governance (ESG). We can do much for change as a key incubator of innovation and technology (I&T) enterprises, instrumental in driving meaningful climate initiatives. Action starts from home – the reason we show our passion for nurturing start-ups that develop eco-friendly solutions and fostering I&T industries addressing environmental challenges. By promoting and adopting Smart Living and green technologies, we empower societies, citizens, and other organisations to integrate sustainable practices into daily life.
(https://www.hkelectric.com/en/customer-services/billing-payment-and-tariffs/carbon-calculator)
Corporate Governance Report
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 longterm 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 2,100 members including over 900 onsite and over 1,200 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong Special Administrative Region Government, and committed to the vision to inject new impetus into digital economy and smart city development through innovation and technology, and to connect enterprises to Mainland China and overseas markets. Cyberport strives to nurture a vibrant tech ecosystem by cultivating talents, promoting entrepreneurship among the youth, supporting start-ups, fostering technology industry development by promoting strategic collaboration with local, Mainland Chinese and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.
