Cyberport Partners with Microsoft Ventures for New Accelerator Program with Seed Fund in HK
Cyberport x Microsoft Ventures
Cyberport’s strategic partnership with Microsoft Ventures helps ICT startups with fundraising and to build aptitude for global business expansion. In line with this new collaboration, Cyberport is also introducing the ‘Cyberport Accelerator Support Programme’ which offers up funding support to existing Cyberport incubates and alum.
Startups accelerating with Cyberport are entitled to funding of up to HK $300,000 to cover travel expenses, intern compensation and other professional services. As another perk of being under Cyberport’s wing, startups have the chance to join wordwide accelerators including the Beijing-based Microsoft Ventures Accelerator programme.
Cyberport Creative Micro Fund
For those young upstarts that want to build on a great idea, the ‘Cyberport Creative Micro Fund’ is a seed fund to sponsor creative and innovative ICT startups or related business concepts. Successful applicants will receive HK $100,000 in cash to develop their prototype within a 6-month period.
Applications for the Micro Fund and Cyberport’s incubation program are due on May 28th at 5pm.