Cyberport Recognizes Top 10 Young HK Entrepreneurs

Cyberport Recognizes Top 10 Young HK Entrepreneurs
Comments Off, 19/11/2015, by , in Local Startup News

The Cyberport Management Company Limited (Cyberport) today announced the winners of the inaugural Cyberport University Partnership Programme (CUPP), an elite pilot programme to groom and develop promising young technology and entrepreneurial talent in Hong Kong.  Ten winning teams, representing university students from five local universities, impressed judges with their innovation and shrewd business models.

The teams presented their business prototypes at the CUPP Demo Day today, part of the event activities at the Global Entrepreneurship Week China – Hong Kong held at Cyberport.

The winners of the inaugural Cyberport University Partnership Programme are:

1. Company name: Asset Plus

University: The University of Hong Kong

Project: An automatic and personalised service that helps users to boost MPF return potential.

 2. Company name: Authpaper

University: The Chinese University of Hong Kong

Project: A software solution that provides printable, cost effective, and secure anti-forgery protection for online documents by embedding a customised QR code.

 3. Company name: Bank without Limit – Etransfer

University: Hong Kong Polytechnic University

Project: An online platform that matches users for international money transfer. It simplifies international money remittance by making it more economical and efficient.

 4. Company name: Credit Chest

University: The University of Hong Kong

Project: A unique platform that allows customers to purchase store credit with loose change. By rounding up the change to a round figure, the loyalty programme encourages customers to return with store credit in hand.

 5. Company name: FinTune

University: Hong Kong Polytechnic University

Project: A platform that incorporates business intelligence to help agents to search for suitable financial products for their customers.  The time saved can be used to serve their customers better.

 6. Company name: HandsonMe

University: The University of Hong Kong

Project: A mobile application that allows people to invest in Instagram and online shops selling handmade products.

 7. Company name: Initial

University: City University of Hong Kong

Project: An online system that improves ordering and financial reporting for Instagram shop owners and customers.

 8. Company name: Mega Eye

University: Hong Kong University of Science and Technology

Project: A big data service solution used for extracting, categorising and quantifying stock market-related financial information available on the internet.

 9. Company name: Optimor.io

University: City University of Hong Kong

Project: A service for banks to handle the customer service function. The tool helps reply customer inquiries in a fast, interactive and convenient way.  It has the potential to further support financial operation like payment and balance checking in a high security setting.

10. Company name: Plain Exchange

University: Hong Kong University of Science and Technology

Project: A platform for users to purchase and sale of leftover foreign currencies at market rate.

“We have been through a lot of ups and downs. Overall, we are very happy with the programme and will use the award money to get licenses, development tools and promotions,” said Plain Exchange, one of the ten winning teams.

Each winning team was awarded a cash prize of HK$100,000 and an interview for the Cyberport Incubation Programme, a unique programme that provides financial assistance, support and services to eligible start-ups in Hong Kong.

The panel of judges for this year’s CUPP are Andrew Hyde, Startup Week Director at Techstars and Founder of Startup Weekend, Edwin Lee, Director of Hong Kong Cyberport Management Company Limited and Founder & Chief Executive Officer of Bridgeway Prime Shop Fund Management Limited, and Stephen Wong, Chief Executive Officer of Asia Miles Limited and Alfred P. Sloan Fellow at Stanford Graduate School of Business, who are accomplished entrepreneurs and business leaders in their respective fields that bring a wealth of experience and insights to the judging panel.

Cyberport University Partnership Programme Demo Day_003_low res

Edwin Lee, Director of Hong Kong Cyberport Management Company Limited and Founder & Chief Executive Officer of Bridgeway Prime Shop Fund Management Limited said, “It is delighting to witness the growth of all the participants throughout the Cyberport University Partnership Programme.  I was impressed by the confidence demonstrated on stage to sell their FinTech ideas and win the hearts of the judges.  A successful entrepreneur should celebrate and learn from failure.  We hope all these aspiring young talents will keep their passion for entrepreneurship alive and never give up on pursuing their dreams.”

Eighteen student teams from five local universities, namely the City University of Hong Kong, Hong Kong Polytechnic University, Hong Kong University of Science and Technology, The Chinese University of Hong Kong, and The University of Hong Kong, participated in the presentations.

The CUPP aims to inspire the next generation of young technology and entrepreneurial talent. It has provided many opportunities for participants to acquire business skills and knowledge about global entrepreneurship. In addition to matching the students to experienced mentors, this September, the programme sent the teams to Silicon Valley for a week to visit notable start-ups and join an entrepreneurship boot camp at the Stanford Graduate School of Business (Stanford GSB).  Today’s presentations were a culmination of the team’s learning since the commencement of the programme.

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