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[Entrepreneur Day 2023] Meet with Start-ups to Learn about Opportunities i

[Entrepreneur Day 2023] Meet with Start-ups to Learn about Opportunities in the Greater Bay Area

Entering its 15th anniversary, “Entrepreneur Day” organised by the Hong Kong Trade Development Council will resume its physical form this year! "Entrepreneur Day" will be held from 7 to 8 December this year. Under the theme of "Building Resilience, Boosting Collaboration", a series of exhibitions, seminars, workshops, start-up competitions, business matching, and networking activities will be organised. The event aims to explore how the global start-up ecosystem can develop in a diversified and balanced manner after the entrepreneurial boom; analyse the latest innovation and technology trends; and encourage start-ups to utilise Hong Kong as a platform to explore the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the international market in order to look for potential business partners. The event will bring together nearly 300 start-ups, invention projects and support services providers from 10 countries and regions. Among them, 50 start-up teams funded by the “Funding Scheme for Youth Entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area” under the Home and Youth Affairs Bureau will also participate in the exhibition. This scheme aims to provide funding to non-governmental organisations to organise youth entrepreneurial programmes that offer entrepreneurial support, incubation services, as well as start-up capital to Hong Kong young people intending to establish their businesses in the GBA. Young fellows, if you are interested, please refer to the following event details and the list of funded startup teams (in Chinese version only). You are welcome to visit the exhibition and have a chat with the start-up entrepreneurs to learn more about business opportunities in the GBA! "Entrepreneur Day 2023" - Event Details   Date:7-8 December 2023 (Thu - Fri) Opening Hours:9:00 am to 6:00 pm Venue:Hall 1D-E, Hong Kong Convention and Exhibition Centre Fee: Free of charge Enquiry Hotline: 1830 668 Online Registration for Visitors: Click here

[Social Innovation] SIE Fund's new batch of intermediaries to provide

[Social Innovation] SIE Fund's new batch of intermediaries to provide support for social entrepreneurs

The Social Innovation and Entrepreneurship Development Fund (SIE Fund) has appointed four organisations as the third batch of intermediaries in 2023 to run a new round of innovative programmes to provide support for more social entrepreneurs. By promoting social innovation and entrepreneurship, it enables more social entrepreneurs to address social needs through innovative ideas, products and services, and assists the Government in formulating targeted poverty alleviation initiatives. The four intermediaries appointed are Fullness Social Enterprises Society Ltd, the Hong Kong Council of Social Service, MakerBay Foundation Limited and Oxfam Hong Kong.The four intermediaries are knowledgeable and experienced organisations in the social innovation field. They aim to nurture and support social innovators and organisations to develop innovative projects with diversity and impact through the following innovative programmes. Individuals and organisations with innovative ideas in addressing poverty issues and wish to seek financial support to implement innovative projects may learn more by clicking the below logos and approach the intermediaries running innovative programmes directly and submit applications under their funding schemes.Wish to compare the four innovative programmes in one go? Do not miss the Programme at a glance, a clear comparison table highlighting the eligibility, amount of grant and uniquite features of the prorgammes. Innovator FarmImpact IncubatorImpact Innovation LabGrant for GoodWhat is Social Innovation? What are Social Entrepreneurs? Click here to view the story《6 Fun Facts about Social Innovation》and know more!

Five key survey findings on the development of startups

Five key survey findings on the development of startups

According to the 2021 Startup Survey released by Invest Hong Kong, Hong Kong's startup ecosystem remains vibrant despite the ongoing economic challenges of the global pandemic. Let’s go through the survey results. 1. Record high in the total number of startups The overall number of startups in the city reached a record high of 3,755, up 68% over 2017. 2. Number of employees recruited by startups bounced back The number of staff hired by startups in 2021 surged 29% to 13,804 persons, despite a year-on-year drop of 14% was recorded in 2020. 3. Continuous growth in locations of co-working spaces/incubators/accelerators Since 2017, the number of co-working spaces/incubators/accelerators has doubled, up from 62 to 124 in 2021. 4. Increase in non-local talents In 2021, the percentage of non-local startup founders has increased 2% to 28%. 20.5% of them were from Mainland China. 5. Most startups are engaged in the financial technology sector The financial technology sector ranks the top in terms of number of startups in 2021 with 472 such companies. The continued rise of digital behaviour has also fuelled specific startup growth in sectors such as the e-commerce and supply chain & logistics technology sector, in which the number of startups companies in the sector has increased from 385 in 2020 to 432 in 2021. Interested in starting your own business in one of the fast-growing industries? Here below are some useful resources: Startup How-Tos: How to prepare for my entrepreneurship? Startup How-Tos: Three pillars of e-commerce   Reference: Invest Hong Kong’s 2021 Startup Survey

Youth Entrepreneurship Series: Samson, Co-founder of Gradient Brewery

Youth Entrepreneurship Series: Samson, Co-founder of Gradient Brewery

“Start your own business at younger ages if you are passionate about it.” Gradient Brewery is a local craft beer brand which has a retail store in Sai Yun Pun. It also supplies craft beers to local restaurants and retail stores. Samson, co-founder of Gradient Brewery, is the brewer and the marketer of the brand. He had planned to develop overseas markets when he founded the Brewery. Nevertheless, the business sales plunged due to COVID-19 and there was insufficient cash flow for expansion. Samson and other co-founders had little time to rest, not to mention a halt in their income for more than half a year. Yet, with confidence, perseverance and funding support, Gradient Brewery has overcome its challenges. Let’s watch the video below to learn more about Samson’s entrepreneurial story. (The video is broadcasted in Cantonese)   The project is launched with the support from The Hong Kong Federation of Youth Groups “Youth Business Hong Kong” scheme. The scheme provides financial and other practical supports to young people to attain their goals. Please visit the official website for more details on application.

Youth Entrepreneurship Series: Bosco, founder of WEDO GLOBAL

Youth Entrepreneurship Series: Bosco, founder of WEDO GLOBAL

“Build your business inch by inch if you have an idea.” Bosco, founder of WEDO GLOBAL notices that the difference in languages and skin colours have resulted in misconceptions of other ethnic groups. This motivates him to become an advocate of cultural inclusion. WEDO GLOBAL aims at promoting cultural diversity by training people of diverse race as community tour guides and organises cultural tours, workshops as well as overseas cultural expeditions. Amid the COVID-19 epidemic, WEDO GLOBAL has set up an additional “We Mask Action” programme which engages women of diverse race in designing and producing face masks with the aim to increase their income and promote cultural inclusion. Bosco appreciates the Hong Kong Federation of Youth Groups for providing a network and promotional platform for reaching the youth. Let’s watch the video below to learn more about Bosco’s entrepreneurial story. (The video is broadcasted in Cantonese) >>Related Story: Social Entrepreneur Series - Companions in an inclusive community [Community Participation]

Youth Entrepreneurship Series: Ian, founder of Rock-Solid Engineering Cons

Youth Entrepreneurship Series: Ian, founder of Rock-Solid Engineering Construction Company

“There could be mountains ahead to climb, yet you need to give it a try.” Ian is the founder of Rock-Solid Engineering Construction Company Limited, a company which provides scaffolding service. He believes that it is essential for entrepreneurs to embrace challenges. At the initial phase of his business, for instance, he had been active in networking activities to search for clients. Although there were challenges posed by the epidemic, he continued to be committed and did not give up his business.  For interested young people, Ian advises them that the keys to success are to understand one’s characteristics and to have courage even in face of difficulties. Let’s watch the video below to learn more about Ian’s entrepreneurial story. (The video is broadcasted in Cantonese)   The project is launched with the support from The Hong Kong Federation of Youth Groups “Youth Business Hong Kong” scheme. The scheme provides financial and other practical supports to young people to attain their goals. Please visit the official website for more details on application.

Youth Entrepreneurship Series: Cos&Play Studio – a cosplay workshop

Youth Entrepreneurship Series: Cos&Play Studio – a cosplay workshop

“There is a chance if you try and none if you don’t.” Mickey is a cosplay lover. He noticed that the cosplay culture lacked popularity in Hong Kong and decided to start a business in the field. With the support from his family, he founded the “Cos&Play Studio” to organise regular programmes and activities on cosplay costumes and props making. The Studio also provides a space for networking and workshop rental. Mickey believes that it is essential for an entrepreneur to have faith and step forward to realise one’s dream without hesitation. Let’s watch the video below to learn more about Mickey’s entrepreneurial story. (The video is broadcasted in Cantonese)   The project is launched with the support from The Hong Kong Federation of Youth Groups “Youth Business Hong Kong” scheme. The scheme provides financial and other practical supports to young people to attain their goals. Please visit the official website for more details on application.

Cyberport Academy: Free Resources for Entrepreneurs

Cyberport Academy: Free Resources for Entrepreneurs

It’s easy to start your own business with Cyberport! The Cyberport Academy has launched a new online platform which connects the world's top technology learning resources and offers a wide range of enrichment courses, training programmes and internship opportunities for students, teachers, youth, entrepreneurs and practitioners from all walks of industries. Check out the four useful resources below from the platform! Free Online Learning Tools Provided in Partnership with World Class Platforms The Academy  partners  with global technology  giants  AWS,  IBM  and  Microsoft to offer a  free  online  learning  portal "AIM for Students". Secondary  school  students  and  university  students  can  keep  themselves  updated  with latest technology trends and knowledge, while teachers can embrace EdTech by utilising the platform to create an interactive learning environment. Free Online Entrepreneurship Learning Platform The online portal is connected to the Startup School of Y Combinator, a leading start-up accelerator in the United States. Start-ups can get chances to connect with internationally renowned  start-ups  such  as  Airbnb,  Stripe  and  Coin base,  and  get  access  to  free entrepreneurial  advice  and  consultations. Certificate courses and workshops Provide recognised training programmes and courses including accredited programmes, special short courses, seminars, workshops, delegations, etc. The programmes cover areas in innovation and technology including FinTech and Smart Living with the aim to provide students with credible qualifications and level hierarchy recognition. Talent cultivation programmes Cyberport Academy provides internships and career opportunities, including collaborating with faculties in various tertiary institutions and encourages university students to participate in multi-disciplinary credit-bearing externship programmes to gain hands-on experience in managing start-ups. There are also internships and entrepreneurial activities such as Cyberport Digital Tech Internship Programme and Cyberport University Partnership Programme. The Academy also holds annual Career Fair to further connect the I&T industry with job seekers and cultivate tech talents. Please stay tuned for the latest updates on the official website of Cyberport.

Apply for entrepreneurial courses now with your HK$10,000 Cash Payout!

Apply for entrepreneurial courses now with your HK$10,000 Cash Payout!

Have you registered the Cash Payout Scheme and collected your HK$10,000? The Cash Payout Scheme is open for registration starting from June 21. Each Hong Kong permanent resident aged 18 or above is eligible to receive HK$10,000.  For electronic registrations submitted through banks, payment will be deposited into bank accounts starting from around July 8. People who register by paper form will receive payment or notification for cheque collection simultaneously from around July 20. How do you plan to spend your money? Try to find your favourite entrepreneurial courses from our course search engine at the Career & Study sector, or check out some selected courses below and gear up for your own business! Foundation Foundation Certificate in Small Business Start-up I (Fundamental Operation) (Part-time) Content: Business opportunities ; Business Plans ; Techniques in choosing shop location ; Practical business skills ; Stock supply ; Payment methods ; Resources management ; Introduction of relevant law regulations School: - City University of Hong Kong - School of Continuing and Professional Education ;               - Yan Oi Tong Training & Employment Services ;               - Hong Kong College of Technology (HKCT)   Foundation Certificate in Small Business Start-up II (Financial Management) (Part-time) Content: Basic financial items ; Introduction to budget ; Calculation in loan interest ; Introduction to property lease for small business ; Introduction to MPF and profit tax School: Yan Oi Tong Training & Employment Services          Foundation Certificate in Brand Building Concepts (Part-time) Content: Basic knowledge in brand building ; Relationship between start-up and brand ; Brand building and positioning ; Procedures of brand building ; Brand equity ; Assessment in brand building ; Brand development and operation point School: Hong Kong College of Technology (HKCT)   Online Business Foundation Certificate in Internet Business Start-up (Operation & Marketing) (Part-time) Content: Basic knowledge in online entrepreneurship and business ; Strategies in online business ; Overview of website structure and management strategy School: City University of Hong Kong - School of Continuing and Professional Education ;             - Hong Kong College of Technology (HKCT);             - St. James' Settlement   Foundation Certificate in Internet Business Start-up (Digital Marketing in China) (Part-time) Content: Digital marketing environment in China ; Difference of digital marketing between China and Hong Kong ; Basic application of various marketing strategies in China ; Basic functions and marketing modules of “Weixin” School: Hong Kong College of Technology (HKCT)   Professional Training Hong Kong Statistics for Business Content: Introduction to official statistics and sample surveys ; Population statistics and projections: Research and marketing ; Labour, price and wage statistics: Personnel management and manpower planning School: HKU School of Professional and Continuing Education (HKU SPACE)   Certificate on Street Food Entrepreneurship Content: Introduction to the industry ; Skills of preparing basic sauces and seasoning ; Types of sales ; Practical production School: Yan Oi Tong YES Training Institute   Certificate on Coffee Shop Entrepreneurship Content: Case study in common operation modules of coffee shops ; Start-up planning ; Introduction to restaurant license ; employee training ; Items to note on shop location, furnishing and marketing ; Placement practice School: Yan Oi Tong YES Training Institute