Get HK$100,000 in Funding for Your Startup: Applications for the Cyberport Creative Micro Fund Now Open

jay-z-money1

If you’re a young upstart with a great idea but not many resources, the Cyberport Creative Micro Fund might be the place to start.

The CCMF is a seed fund for creative and innovative tech startups still in their idea phase. A HK $100,000 grant will be given to successful applications to be used in a six-month period of proof of concept and prototyping. The deadline to apply for the CCMF is October 15th at 5pm.

Here’s a sampling of the types of startups that have benefited from the fund:

CashYou: a mobile app allowing for person-to-person payment through NFC, QR Code or online
ZeusControls: an automated system that controls at-home devices by detecting and learning from a person’s movements and usage habits

For those startups that have already determined that their target market is the Mainland, the CCMF also runs a ‘cross-border programme. The ‘Hong Kong – Guangdong ICT Young Entrepreneur Program’ is in support of youth between the ages of 18-30 who are still in university or are within three years of graduation. Program offerings include fostering startup connections between Hong Kong and the Mainland and business skills training.

[Read more...]

Uber and AirBNB Share their Thoughts on the ‘Sharing Economy’ on 22 September in Hong Kong

collaborative consumption
Airbnb, an apartment-sharing platform, and Uber, a peer-to-peer payment ride service, are both startups-turned-global companies contributing to the ‘sharing economy.’ Otherwise known as ‘collaborative consumption,’ the sharing economy is essentially built around the core values of people sharing their resources with one another.

While Airbnb expanded into Asia back in 2011, Uber arrived a little later on the scene early this year and the two companies have been transforming the way we travel and the way we interact with one another since.

Moderated by legislative councilor (IT) and founding chairman of ISOC HK Charles Mok, the event will feature a dynamic panel that will include:

  • Mike Orgil, director of public policy for Airbnb
  • Henek Lo, managing director (Greater China) for Airbnb
  • Sam Gellman, head of asia expansion for Uber

A few questions that the panel will tackle: is Hong Kong an ideal environment for collaborative consumption, and if it is – what is the growth potential? What kinds of challenges (such as regulation) might a startup with a peer-sharing business model have in a place like Hong Kong?

[Read more...]

5 Questions with Jerome Tam, Co-Founder of Rush Hour Media

rushhourfounders2

Rush Hour Media co-founders Jerome Tam (pictured right in above image) and Jake Sharp met at the University of Leeds, where they were studying Aviation and New Media, respectively.

While Jake worked for several UK web agencies while pursuing a master’s in computer science, Jerome sold insurance in Hong Kong – still keeping his dreams of becoming a pilot at the forefront. In fact, he got as far as the flight grading process for Cathay Pacific and was one of the final eight candidates of that year.

Instead, life steered Jerome towards entrepreneurship as he worked in a sales role for NecesCity, a media startup catering to exclusive men’s lifestyle. Combining his sales experience and passion for startups with Jake’s engineering background and web agency experience – the two created Rush Hour Media.

[Read more...]