23/05/2023
Cyberport is now accepting applications for its next round of Cyberport Creative Micro Fund (CCMF) and Cyberport Incubation Programme (CIP). CCMF offers up to HK$600,000 funding for innovative ideas and early-stage start-ups over a 6-month project period, while CIP provides up to HK$1,000,000 resources and HK$200,000 rental subsidy for a 24-month programme. Both programmes offer extensive support, including mentorship, business development, investment connections, and publicity. Applicants must have a viable business plan and be a registered digital tech company limited by shares under the Companies Ordinance in HKSAR, among other eligibility requirements. Cyberport also offers information sessions and additional support for start-ups.
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Calling for Application of Cyberport Creative Micro Fund (Hong Kong Programme) and Cyberport Incubation Programme (Sep 2023 intake)
Being one of the key players in entrepreneurship and start-up eco-system, Cyberport is an innovative digital community with over 1,900 technology companies. With a vision to be the hub for digital technology and contributor to the economy of Hong Kong, Cyberport is committed to nurturing a vibrant tech ecosystem by cultivating talent, promoting entrepreneurship among youth, supporting start-ups on their growth journey, fostering industry development by promoting strategic collaboration with local and international partners, and integrating new and traditional economies by accelerating digital adoption in the public and private sectors.
The Cyberport Creative Micro Fund (Professional Programme) http://www.cyberport.hk/en/about_cyberport/cyberport_entrepreneurs/cyberport_creative_micro_fund/professional-programme and
Cyberport Incubation Programme http://www.cyberport.hk/en/about_cyberport/cyberport_entrepreneurs/cyberport_incubation_programme
are open for applications with deadline on 3 Jul 2023. The programmes are offering funding from HK$100,000 to HK$500,000 and comprehensive entrepreneurial supports from co-working spaces, hardware and software facilities, training & mentorship, product and business development to investment opportunities to help start-ups to pursue their entrepreneurial dreams.
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1/ Cyberport Creative Micro Fund (CCMF) https://www.cyberport.hk/en/about_cyberport/cyberport_youth/cyberport_creative_micro_fund encourage innovation and creativity by sponsoring high potential digital tech start-up projects and business ideas. It provides up to HK$600,000 funding to support innovative ideas and early-stage start-ups development over a project period of 6 months. Apart from cash grant, CCMF gives you access to Cyberport's extensive resources and support for innovators and entrepreneurs, including:
* Mentorship and business advice
* Business development and investment connections
* A local and global business network
* Publicity and promotion
* Industry recognition and validation
* Alumni network and peer support
Applicant can apply for the programme as an individual or as a limited company.
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2/ Cyberport Incubation Programme (CIP) http://www.cyberport.hk/en/about_cyberport/cyberport_entrepreneurs/cyberport_incubation_programme
The programme provides up to HK$1,000,000 resources and HK$200,000 rental subsidy to accelerate your business. During the 24-month programme, in addition to the funding support, incubatees can also tap to other extensive resources & supports ranging from business development & investment connections, publicity & promotion, mentorship & business advice etc. Participation in the programme can be on-site at Cyberport or off-site at their own premises. (We provide rental-free office space (subject to availability; with monthly management fee) in our Entrepreneurship Centre).
On top of the CIP, Cyberport provides a comprehensive platform to foster success for digital tech entrepreneurs. Upon admission to the CIP, companies can also enjoy financial support for joining accelerator programme, and tap to Cyberport Macro Fund (co-investment fund) and our Enterprise & Investors Network, as well as the Innovation & Technology Fund programmes.
A Quick note on Eligibility
* A viable business plan for a product / service solutions to be ready for market within 12 to 18 months
* Applicant must be a registered digital tech company limited by shares (or in progress of incorporation) under the Companies Ordinance in HKSAR and the date of incorporation must be less than 7 years upon application deadline
* Founders of the Applicant collectively (legally and beneficially) must hold at least 51% of the company shares or absolute control of the Applicant at the time of application submission and throughout the Programme Period
* All Incubatees shall maintain local presence with at least one local authorised representative physically working in Hong Kong (mainly to support local operation and product development) in the incubation period. Such a representative shall be either a Founder/Co-founder or a local full-time staff employed by the Incubatee.
Application Procedures
The application deadline for both programmes of the next intake (Sep 2023 intake) will be on 3 Jul 2023. Applicants are required to submit an online application via Cyberport Entrepreneurship Management System. Please also check out the guides and notes for applicants before submission.
* Guides and notes for applicants for CCMF: https://www.cyberport.hk/guides_and_notes/ccmf-hk/ENC_RF_015a_eng.pdf
* Guides and notes for applicants for Incubation Programme: https://www.cyberport.hk/guides_and_notes/cip/ENC_RF_010_eng.pdf
On a separate note, you are encouraged to join the information session to be held to learn about application tips of the Programme and to better prepare for the next round of application. Please find event details as follow:
Date: 6 Jun 2023 (Tue)
Time: 16:00 - 17:30
Format: Online via Zoom
Language: English
Registration: https://docs.google.com/forms/d/e/1FAIpQLSft3CJQ_2bWvWGo-9tj9xEGV3CHkBUFnH0bZjzbZLqlMs2YdQ/viewform?usp=sf_link
Date: 8 Jun 2023 (Thu)
Time: 16:00 - 17:30
Format: Online via Zoom
Language: Cantonese
Registration: https://docs.google.com/forms/d/e/1FAIpQLSft3CJQ_2bWvWGo-9tj9xEGV3CHkBUFnH0bZjzbZLqlMs2YdQ/viewform?usp=sf_link
Date: 13 Jun 2023 (Tue)
Time: 16:00 - 17:30
Format: Online via Zoom
Language: English
Registration: https://docs.google.com/forms/d/e/1FAIpQLSft3CJQ_2bWvWGo-9tj9xEGV3CHkBUFnH0bZjzbZLqlMs2YdQ/viewform?usp=sf_link
Speaker:
- Cyberport Entrepreneurship Team
- 2 different Cyberport start-ups on each day
What do you expect:
- Sharing by Cyberport's start-ups on their path to entrepreneurship
- CCMF and Incubation Programme application tips
- Cyberport supporting services on entrepreneurship
- New initiatives of Cyberport to start-ups
- Q&A session
Zoom link will be provided closer to the event day.
Should you require further information or encounter any problem during the application process, please feel free to contact us.
Don't miss this chance! Apply on or before 3 Jul 2023 (Mon) !
Enquiries: [email protected] [email protected] (CCMF), [email protected] [email protected] (Incubation)
Join the session to learn the best entrepreneurship experiences offered by Cyberport, including tips to apply for Cyberport Creative Micro Fund and Cyberport Incubation Programme! Event Details: Date: 6 Jun (Tue), 8 Jun (Thu), 13 Jun (Tue) 2023 Time: 16:00 – 17:30 Format: Online via Zoom (Zoom mee...
