Innovative Business Incubation Foster the Growth of Technology

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Elmer Wilcox
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1 May 2015 Innovative Business Incubation Foster the Growth of Technology Allen Yeung Chief Corporate Development Officer

2 Vision and Mission of HKSTP VISION Create a vibrant innovation and technology ecosystem to deliver social and economic benefits to Hong Kong and the region. MISSION Connect stakeholders, facilitate knowledge transfer and nurture talents to accelerate technological innovation and commercialisation.

3 Our Premises Science Park InnoCentre Industrial Estates R&D of Technology Applications Brand Design and Marketing Skill-intensive Advanced Manufacturing 11, , , , , Shatin Kowloon Tong Tai Po Yuen Long Tseung Kwan O

partnership Across industry sectors Across geographical

4 The Three C s CONNECT COLLABORATE CATALYSE People Knowledge Industries Investors Overseas and local Inter-company partnership Across industry sectors Across geographical boundaries Create opportunities Explore new markets Accelerate technological innovations

A Vibrant Community of 5 Key Tech Clusters Biomedical Technology Therapeutics

Artificial Heart for drug testing ICT Big Data Cloud Computing Internet of Things

Manufacturing Wireless Power Consumer Electronics Integrated Circuits Electronics

5 A Vibrant Community of 5 Key Tech Clusters Biomedical Technology Therapeutics Diagnostics Regenerative Medicine Medical Devices Chinese Medicine Novoheart - Artificial Heart for drug testing ICT Big Data Cloud Computing Internet of Things (IoT) 5G Material & Precision Engineering New Materials Rare Earth Graphene Advance Manufacturing Wireless Power Consumer Electronics Integrated Circuits Electronics Rehab-Robotics Hand of Hope Green Technology Green Buildings Energy Management New Energy Carbon Reduction

Technology Platforms Enhance quality of life, raise business

Ageing Integrated application of technologies Electronics

Artificial Intelligence Cloud Computing Integrated study of

6 Technology Platforms Enhance quality of life, raise business competitiveness and enable sustainable growths Robotics Ageing Integrated application of technologies Electronics Mechanical Engineering New Materials Motion Detection Artificial Intelligence Cloud Computing Integrated study of biotech disciplines Genomics Systems Biology Bioinformatics Diagnostics Nutrition

Technology Platforms Enhance quality of life, raise business competitiveness and enable sustainable growths Smart City Government and agency administration Smarter buildings and urban planning Public

7 Technology Platforms Enhance quality of life, raise business competitiveness and enable sustainable growths Smart City Government and agency administration Smarter buildings and urban planning Public safety Planning and management Environmental Social programs Human Infrastructure Energy and water Healthcare Education Transportation A city in harmony with the environment, with citizens as stakeholder; technology as dynamic enabler; business as partner

Connect Stakeholders Attract renowned global partners to facilitate advanced R&D and application Universities: Oxford, Imperial College, ETH, Princeton, MIT Research institutes: Fraunhofer,

8 Connect Stakeholders Attract renowned global partners to facilitate advanced R&D and application Universities: Oxford, Imperial College, ETH, Princeton, MIT Research institutes: Fraunhofer, Karolinska Institute Innovators from foreign Science Parks Establish Mainland partnerships to catalyse R&D and market development e.g. Tsinghua University, Tuspark, Green Channel, Innovation Corridor IP pooling base for technology transfer Platform for partnership, investment and collaboration Explore international market opportunities, e.g. Knowledge Capital (Osaka), CES (US), CEBIT (Germany)

Accelerate Technological Innovations Promote adoption

international institutions Facilitate knowledge

Catalyse industry adoption of Science Park innovations

9 Accelerate Technological Innovations Promote adoption of new innovations into traditional industries Connect international institutions Facilitate knowledge transfer and technology transfer Industry Connect Catalyse industry adoption of Science Park innovations APAC Innovation Summit 2014 Shaping The Future Soft Landing Programme

10 Accelerate Technological Innovations Angel / VC Investment City University of Hong Kong University of Hong Kong Chinese University of Hong Kong Int l and Mainland Institutions Focused Industries Hong Kong Polytechnic University Baptist University of Hong Kong Hong Kong University of Science & Technology Co-working Space

entrepreneurship spirit Career Life Planning Talks Career Expo and

11 Nurture Talents Encourage more students to engage in STEM (Science, Technology, Engineering, Mathematics) education and foster entrepreneurship spirit Career Life Planning Talks Career Expo and Internships Science Explorer Workshops / Maker Space Grand Challenges STEM Scholars Recognition

12 Incubation Programmes Period 18 months 3 years 4 years Technology Areas Apps/Web aims for new business model fast to market Products with IPs IC, big data, consumer products, green tech, materials Devices or drugs with FDA/cFDA required Current Incubatees Investment Raised HK$86M HK$95M HK$20M

13 Incubation Working Place (rent subsidy) Business Support Technology Support Financial Aid Package

14 HKSTP connect, collaborate and catalyse incubatee throughout the entrepreneurial journey HKCS CIO series - BD partners - ISO promotion - Startup Q-mark 70+ mentors Helping incubatee, tenants and potential business partners HKAA

Deliver Social Benefits Drive Innovations for

for school learning Safe drug testing with

15 Deliver Social Benefits Drive Innovations for Good Hand of Hope Trinity Photonics Novoheart Insight Robotics Speed up rehabilitation for stroke patients Enhance optical fibre networks for school learning Safe drug testing with artificial heart, personalized drug Prevent spread of wildfire

Re-engineered Fish by Vitargent Stair-climbing

saving Enhance care for elderly suffering from

16 Deliver Social Benefits Drive Innovations for Good Optical Sensing Elderly Channel by Medisen Re-engineered Fish by Vitargent Stair-climbing wheelchair Prevent accidents and disasters + energy saving Enhance care for elderly suffering from dementia Ensure food safety Enhance mobility and freedom for the disabled

17 Innovation For A Better World

Technological Innovation : Open Innovation

Technological Innovation : Open Innovation 10 March 2015 What is open innovation? Open Innovation is a co-create innovation ecosystem: R&D Centers Entrepreneurs Customers Ecosystem Universities End Users