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HK$2b tech start-ups fund ready to assist mid-year

Wednesday, January 18, 2017


(The Standard) - The HK$2 billion Innovation and Technology Venture Fund under which eligible venture capital funds are being welcomed as partners to coinvest with the Government in Hong Kong’s technology start ups, will begin operation by the middle of this year, the Chief Executive Leung Chun-ying said today.
He added that through the technology start-up support scheme for universities, the Government has subsidized six local universities to set up over 120 technology start-ups, turning their research and development deliverables into businesses.

 

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