HK’s Nest & London’s Level39 Join Forces to Support Startups
Nest, the leading Hong Kong investment and startup incubation firm, has signed a ‘Friendship Agreement’ with London based technology space Level39, a Canary Wharf Group plc initiative.
The new partnership between Nest and Level39 will provide valuable support for technology startups in Hong Kong and London, from sharing office space to advising on how individual startups can scale into Europe and China. By creating a seamless connection between these two business and fintech hubs, it is hoped that this friendship agreement will act as a catalyst for new opportunities in both cities and beyond.
Eric Van der Kleij, Head of Level39 at Canary Wharf who attended the Chancellor’s trade trip to China last year, said: “Opening a ‘tech trade route’ is advantageous to both the UK and Hong Kong. Our partnership with Nest will reduce the number of barriers to entry for innovators to global markets, and will make the Nest and Level39 expert teams available to each other’s startups.”
Commenting on the partnership, Simon Squibb, CEO of Nest said: “We see startups from Europe wanting to get into Asia and we see startups in Asia wanting to get into Europe, so this partnership allows us to leverage the resources of both organisations to help founders in our respective markets and ensure their ideas reach their full potential. This partnership between Nest and Level39 is beneficial for Hong Kong and London, and startups globally.
Full details of this partnership can be found on www.nest.vc/blog/.
Nest (http://www.nest.vc) is Hong Kong’s pre-eminent start up incubator that helps to build and scale high-growth tech businesses in Hong Kong and Asia. Nest invests in the people as much as the business concepts and empowers each team with the tools they require to achieve global success with their business. With an eye for the truly disruptive, Nest is actively involved in all of its companies and drives them to reach their full potential, fostering the start-up ecosystem locally and developing Hong Kong China as a global entrepreneurial hub.
In addition, Nest recently launched a wider-reaching equity crowdfunding platform, Investable (http://www.investable.vc) which is a platform allowing professional investors to invest and browse through a wealth of pre-vetted investment opportunities within a wide range of industries. Only professional investors can become members. With a simple click, members have access to the same opportunities and level of information available to venture capitalists. Members can take part in the fulfilling experience of helping passionate entrepreneurs to grow successful businesses.
￼About Level39 at Canary Wharf
Established by Canary Wharf Group plc, at 29,000 square feet, Level39 is Europe’s largest accelerator space for businesses innovating in financial, retail and future city technologies. It helps growing businesses to deliver world-class financial technology products and services through unrivalled access to office, event and social facilities, new customers, partners, talent, investment, ideas and social and cultural amenities provided by Canary Wharf.
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