Incu tech introduction without design
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Incu tech introduction without design Presentation Transcript

  • 1. Technology Business Incubation Programme Ms. Kimmie Wong Assistant Manager Incubation Admission Hong Kong Science and Technology Parks Corporation 2 8 May 2011
  • 2. Hong Kong Science and Technology Parks Corporation
    • A statutory body set up by the Government
      • Hong Kong Science Park;
      • InnoCentre;
      • Industrial Estates.
  • 3. Hong Kong Science and Technology Parks Corporation
    • Vision
    • Transforming innovation and technological advancement into value creation that benefits Hong Kong, Mainland – and the world.
    • Mission
    • In propelling Hong Kong towards a world-class hub for selected technologies, we provide facilities, services and a dynamic environment that enable companies to nurture ideas, innovate and develop .
  • 4. Hong Kong Science Park
    • Hub for technology Industries
    • Located at Shatin, Science Park Phase I & II provide 2,000,000 square feet gross Class A office areas and state-of-the-art technology support facilities for more than 300 technology companies in the Park.
  • 5. The Objective of Incubation Programme
    • To foster the growth of qualified technology based start-ups in our supported clusters, by providing a set of value-added services and financial support to nurture their development in areas of product/services, marketing and organization.
  • 6. Overview ≤ 4 years ≤ 3 years Incubation Period Pharmaceutical Chinese Medicine Diagnostic IT & Telecom Precision Eng Electronics Green Tech Clusters
  • 7. Overview Wet Lab Setting Premises Office Premises HKD 851K HKD 639K Financial Aid Package Technical Support Facilities Technical and Management Assistance Management and Technical Training Promotion and Development Assistance Support
  • 8.
    • Office Premises
    • Technical & Management Assistance
    • Management & Technical Training
    • Promotion & Development Assistance
    • Technical Facilities and Support
    • Aid Package
    All Rounded Services
  • 9.
    • Incubatees are allocated with office space in Small Enterprise Centres in Science Park
    • Free Rental and Reduced Rental
    • Communal facilities
      • Reception Area
      • Meeting Room
      • Pantry
      • Office Equipment
    Office Premises
  • 10. Monthly Licence Fee
    • Rent Free for the first 800 sq ft gross in the first year
    • Management Fee and Electricity Fee inclusive in all rates above
    HK$12.80 (per sq. ft.) HK$12.80 (per sq. ft.) HK$12.80 (per sq. ft.) 0 Licence Fee for wet lab (per month) N/A HK$9.70 (per sq. ft.) HK$9.70 (per sq. ft.) 0 Licence Fee for office (per month) Year 4 Year 3 Year 2 Year 1
  • 11. Office Premises Reception Area
  • 12. Office Premises Office of current incubatee
  • 13. Office Premises Meeting Room
  • 14. Office Premises Furnished Office
  • 15. Office Premises Pantry & Networking Area
  • 16. Wet Lab Premises Biotech SME Centre
  • 17. Wet Lab Premises Biotech SME Unit
  • 18. Wet Lab Premises Culture Room
  • 19. Wet Lab Premises Shared Equipment Lab
  • 20. Technical & Management Assistance
    • Access to university resources
      • University student programmes
      • Consultancy projects from professors
      • Licensing purchase
      • Subsidized library service
  • 21. Technical & Management Assistance
    • Mentorship Programme
    • Invite experienced business executives
    • and scholars as mentors; from:
        • Industry
        • Graduated Incubatees
        • Academia
  • 22. Management & Technical Training
    • Training Courses/Seminar
      • Business skill, technical knowledge
      • Custom made for incubatees in different           stages of development  
  • 23. Promotion & Development Assistance
    • Assist in organization and the logistics
      • Product Launch
      • Press Conference
      • Press Interview
      • Exhibition (Overseas & Local)
      • First @ Science Park
  • 24. Promotion & Development Assistance
      • Networking Events
        • Seminars, Cocktails
        • Building relationship with industrial & academic professionals, and other incubatees
  • 25. Promotion & Development Assistance
    • Legal Services
      • More than 10 panel legal firm
      • 1 hour complimentary consultancy service
      • Incubatee-only preferential rate
      • Free chat on specific topics
  • 26. Business Matching Services
    • Hong Kong Business Angel Network
    • Business Consultation Service from seasoned professionals with start-up, operation and venture capital background
  • 27. Technical Facilities and Support
    • Biotech Centre I & II
    • P hotonics Centre
    • Wireless Centre
    • IC Development Centre
    • Solar Energy Technology Support Centre
  • 28. Aid Package Subsidy for Incubatees 194K 146K
    • Technical & Mgmt Assistance Fund
    245K 184K
    • Promotion & Development Assistance Fund
    60K 45K
    • Operation Reimbursement Fund
    639K 264K (HK$) 3 years 4 years I. Programme Duration Sub-Total :
    • Technology Support Reimbursement Fund
    II. Aid package subsidy: 851K 352K (HK$)
  • 29. Admission Criteri a
    • Mandatory
    • A start up company registered in HK for ≤ 2 years
    • At least 2 full time staff
    • One full time staff is a technologist owning at least 10% of company ; or the w hole full time technical group owns at least 20% of company
    • Applicant should not have seed funding from any company that owns 20% of more equity, or investment from 2 or more companies
  • 30. Admission Criteri a
    • Mandatory
    • At least 50% of staff must be engaged in technology related work throughout the entire incubation period
    • Request office size less than 1600 sq ft
    • Conduct core R & D in Science Park
  • 31. Admission Criteria (Qualitative) - Quality and competency of the management team - Business Viability - Innovativeness - Technology / R & D content - Milestones set for every 6 months after admission
  • 32. Milestone Assessment
    • Remarks:
    • Entitlement of the aid package is subject to the incubation assessment result every 6 months.
    Product Development HKSTPC Support Usage Increase in headcount Profit Etc. Month 6 (4) 12 (8) 18 (12) 24 (16) 30 (20)
  • 33. Application Procedure
    • If you have an innovative idea, technology background, capital and a registered company in HK, you can…
      • 1. Download the application form from the website, www.hkstp.org /incubation
      • 2. Write a business plan*
      • 3. Send the application to us
    • … and you will get results of the admission in about 2 – 3 months; and run your business in Hong Kong Science Park if admitted!
  • 34. Business Plan
    • Products/ Services
    • R & D Contents
    • Sales & Marketing Plan
    • Finance
    • Management Team
    • Incu-Tech Added Value
    • Milestone Summary
  • 35. Admission Panel (Incu-Tech & Incu-Bio)
    • 1. Vice President, Finance & Corp Service, HKSTPC
    • 2. Vice President, Business Development and Technology Support, HKSTPC
    • 3. Vice President, Marketing & Admission, HKSTPC
    • 4. One of the 24 Technology Advisory Panel Members
    • (Local University Professors)
    • 5. Representative from Hong Kong Venture Capital and Private Equity Association Limited
  • 36. Oversea Applicants
    • Our support to overseas applicants
      • 7 overseas HKSTPC representatives stationed worldwide
      • On site short term accommodation available
      • Assistance in local staff recruitment
      • Connection with government bureaus
      • And more…
    National Business Incubation Association of USA awarded Incu-Tech Programme as the NBIA Soft Landings International Incubator 2009-2011
  • 37. No. of Incubatees and their tech focus distribution from 03/04 to 09/10 ( as of 31 Dec 2010)
  • 38. Summary Benefit and Service To nurture technology entrepreneurs by providing comprehensive supporting services & facilities Office Premises, Technical & Management Assistance & Training; Promotion & Development Assistance; Aid Package; Technical Facilities & Support 2 – 4 years with milestone assessment Submitted with application form and business plan; around 11 weeks processing time Duration Application Aim
  • 39. Feel Free to Contact Us! Incubation Programme, Admission team, HKSTPC Tel: (852) 2629 6707 Mail: enquiry.incubation@hkstp.org Website: www.hkstp.org/incubation