An Open Letter from the Founders of StartupsHK: Forward into the Greater Bay Area

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It’s been ten years since a group of us went to listen to some talks by Silicon Valley people like Dave McClure at Cyberport and him telling us to start “your own ecosystem.”

That story, which we’ve repeated many times over, is what kicked-off the startup scene in Hong Kong for us back in 2009 — and look at how much its grown. From startups raising no money to a handful of unicorns today, one co-workspace to 150+ of them, vertical accelerators, multiple international tech conferences, corporate and governmental innovation labs, huge turn-outs for demo days – wow, its just incredible to see what’s happened over the past ten years and we are so happy to be part of it and to you, reading this, to have joined us on this journey.

We’ve decided though, on this monumental anniversary, to take a look at the next ten years and we see the next decade including a lot more of Southern China.

Today we are announcing a full NGO rebranding from StartupsHK to StartupsGBA – to signify our expansion from just Hong Kong to the 10 other cities that make up the Greater Bay Area – those include: HK, Macau, Guangzhou and Shenzhen as the four core cities with key-node cities being Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, and the whole of Huizhou and Zhaoqing.

Sure you haven’t heard of some of the cities, but they will get a lot more interesting for startups over the next few years. And so we thought, since we started out to be a group that helps startups make connections and grow their networks that this was the perfect time after ten years of growing our amazing ecosystem to now expand it to add in 60 million more people.

We believe making HK great again via technology and innovation we will be able to build a stronger community that works for a better Hong Kong.

As Gene and I travel the world meeting startup ecosystems the desire to work with China has big value, and so we, maybe superciliously, think we can try to bridge the rest of the world with this tiny part of China, with the resources and good-will we’ve built over the past decade.

We will need your support, and we promise to keep Hong Kong’s best interests at heart. We will still be based here, we are scoping out the best location for our headquarters, but as usual we will be mobile and the office will be in the community at large across co-workspaces, innovation labs and government facilities.

The idea is to keep all of this as transparent as possible and to put the pieces of the puzzle together for startups and investors around the world to access the GBA. Although we will no longer update this site, we will keep it live so that the history of stories can still be found and hopefully be helpful to whoever may need them.

Thank you for following and supporting us in all our crazy endeavors from Startup Saturday to Pitch Club (where if it was your first time, you had to pitch) to Mobilliance to our Crowdfunding conference (which we got an enquiry letter from the HK Securities and Futures Commission for) to RISE’s Community Events — and now, how the next chapter unfolds: keeping the community together is the only way we know how to make it work.

To steal (and enhance) the immortal words of Captain America:

“Startups…GBA….Assemble!”

Casey and Gene
July 9, 2019

How Startups, Investors and Community Can Get Involved with RISE 2019 This July 8-11 in Hong Kong

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It’s coming again – RISE –  the conference to end all tech conferences is coming back for its FIFTH year in Hong Kong and the excitement is already growing as we are ready to welcome 18,000+ attendees from around the world to our fair city to talk and showcase tech.

But how can you, dear reader get more involved with the conference itself? We’ve put together this handy list so that you can filter through all the messages.

For Startups

If you haven’t got your booth yet you can apply for one here. Its more than just a stand, you get to register for Office Hours with mentors and investors and your company will have a chance to selected for the PITCH Competition

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Hong Kong’s 2019 Budget Allocates Big Budget to Startups

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Thanks Paul Chan! For the first time since we started StartupsHK, the Hong Kong government is really coming up with the cash to support our ecosystem.

Hong Kong Financial Secretary Paul Chan delivered his third Budget Speech yesterday with a raft of new monetary sweeteners aimed at promoting the city’s innovation and technology development. We refuse to call it “I.T.” – lets just call it “tech!”

$5.5 billion for the development of Cyberport 5 to accommodate more technology companies and startups. The expansion project is expected to provide about 66,000 sqm of floor area, and include facilities such as offices, co-working space, conference venues and data service platforms.

The budget raises the maximum annual funding under the Technology Start-up Support Scheme for Universities from the existing HK$4 million to HK$8 million—for each university—starting from 2019-20 to better nurture university start-ups.

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