PolyU Announces Two New Funding Programs For Hong Kong Startups; Grants of Up to HK$1 Million

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PolyU announced two new funding programs to support tech startups last week, on top of their existing ‘Micro Fund’ and ‘STEFG-PolyU China Entrepreneurship Fund’ – which offers up to $200,000 RMB of funding.

The first is the HKSTP-PolyU Tech Incubation Fund (TIF) and PolyU Tech Launchpad Fund (TLF), which are backed by the Hong Kong Government’s ‘Technology Startup Support Scheme for Universities.’

‘Tech Incubation Fund’ (TIF)

PolyU teams up with Science Park to offer seed funding of HK $100,000 with incubation support and office space – for a total support package worth up to $745,000. Tech startup teams made up of PolyU students, alumni or staff established for less than two years are encouraged to apply.

‘Tech Launchpad Fund’ (TLF)

The TLF is structured as an collaborative program where PolyU and investors will match dollar-for-dollar up to a maximum grant of HK $1 million and applications are open to startups that are currently in, or have graduated from Hong Kong incubation programs such as the PolyU Micro Fund, HKSTPC or Cyberport. [Read more…]

You Are Invited to the MailTime iOS Launch: Hong Kong Startup Moves to San Francisco After Raising US$500,000 Investment

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Innovation in the mobile email space is long overdue.

If you’re an iPhone user, scrolling through a mess of transcripts, signatures and text blocks on your 4-inch display can be a real pain.

That’s where Hong Kong/San Francisco startup MailTime comes in. With its intelligent content parsing engine, MailTime converts your emails into messaging bubbles, incorporates neat features such as ‘@ mentioning’ and encourages concise writing with a ‘Too Long, Didn’t Read’ alert.

Having raised $500,000 in seed funding from a group of angels in both China and Silicon Valley including Zhen Fund, Crystal Stream, Gary Rieschel, ChinaRock and Huang Mingming earlier this year, MailTime has also been backed by Cyberport’s Creative Micro Fund and STEFG-PolyU’s China Entrepreneurship Fund.

[Read more…]