Forbes Names Hong Kong ‘#1 Tech Capital to Watch’ After Silicon Valley and New York

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WOW! We’re absolutely thrilled with this post at Forbes.com today by Karsten Strauss:

We at FORBES have a thing or two to say about Hong Kong’s prospective place among the very top tech hubs on the planet. Contributor Rebecca Fannin recently explored what it is that makes the city worth watching.

Fannin found that its Hong Kong’s perhaps unrealized potential that makes the city such a compelling prospect in the near future. With a community of innovative and ambitious entrepreneurs on one side and a population of internationally traveled, wealthy tycoons on the other, Hong Kong could be a powder keg of a techonomy waiting to explode.

Coworking space like CoCoon, begun by entrepreneur Theodore Ma and the AcceleratorHK are up and running and startup culture is breaking through barriers like smaller funding possibilities (for now) and lack of big picture dreams for products. Other startup breeding grounds include The Hive Hong Kong, The Hong Kong Science and Technology Park Incubation Program and Startups HK.

Some HK startups include fashion crowdfunding platform ZaoZao and photo to t-shirt company SnapTee.

Hong Kong beat out London, Tel Aviv and Washington DC to take the top spot.

Thanks to everyone in the Hong Kong startup community for really pushing the envelope and coming together to build a thriving ecosystem noticed by international publications like Forbes!

Let’s all work hard to stay at the top spot next year as well!

Read the full article here.