New Google x CUHK Study Says Hong Kong’s Startup Scene Has Grown 300% Since 2009

Photo by Edward Barnieh

A joint study done by Google and CUHK’s Center for Entrepreneurship shows that Hong Kong’s startup scene has grown almost 300% since 2009.

The study surveyed over 600 young entrepreneurs, interviewed a panel of 12 local experts (whose names were not revealed) and took into account analysis from international databases and reports.

Appearing to be a more local vs. expat focused report, the snapshot of the ‘typical Hong Kong entrepreneur’ is male (72%), between ages 21 – 25 years old (38%), holds a B.A (58%) and has graduated from a local university (83%).

The study indicates that these Hong Kong entrepreneurs were more ‘ideas people’ or ‘biz dev’ types, citing major strengths in business management in presentation skills. Fundraising, coding and actual experience in doing a startup were some of their weak points.

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Google EYE and CUHK Announce 40 Startup Teams Moving to Mentorship Stage of Program

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Over the weekend, 40 teams moved into the mentorship stage of the Google EYE program, bringing them that much closer to a visit to the tech giant’s Mountain View headquarters. See which 40 teams made it through here.

With a starting 900 in the program, teams put together 150 business plans and went through multidisciplinary training to build the foundation for entrepreneurship and tech know-how. In the next stage, the 40 teams will go through an intensive mentorship program and will continue building on their business plans and prototypes with the help of veteran mentors. After pitching to a panel of judges, chosen teams will head to the Bay Area and have the opportunity to connect with local entrepreneurs and investors. Read more details on the program here.

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Google’s Empowering Young Entrepreneurs Program in Collaboration with CUHK Launches in Hong Kong

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Remember back in November with Google’s Eric Schmidt announced the Empowering Young Entrepreneurs (EYE) Program in collaboration with the Chinese University of Hong Kong?

Since then, the Google-backed program has drawn 900+ young and aspirational minds to vie for a coveted spot in EYE. While the Google and CUHK partnership is great news for the startup community as it adds another valuable resource to the ecosystem, what exactly is this program and who is it for?

It’s a one-year program providing interdisciplinary entrepreneurship training which will put participants through a series of workshops and seminars. Networking opportunities will be peppered throughout the EYE program, and entrepreneurial trainees will have the opportunity to draw from a deep well of expert mentorship.

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