Cyberport organises Digital Entertainment Business Plan
Competition
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    The following is issued on behalf of the Hong Kong Cyberport Management Company Limited:

     Jointly organised by the Office of the Government Chief Information Officer, Hong Kong Cyberport Management Company Limited, the Chinese University of Hong Kong Centre for Entrepreneurship and the Faculty of Business Administration of the Chinese University of Hong Kong, Hong Kong Venture Capital and Private Equity Association and Monte Jade Science and Technology Association of Hong Kong, the ˇ§Digital Entertainment Business Plan Competitionˇ¨ is held from now to October 31, 2005. Aiming at stimulating, nurturing and helping individuals and companies passionate about the digital entertainment business of Hong Kong, the competition is a golden opportunity to present creative business plans to world-class venture capitalists to get funding.

     Hong Kong entrepreneurs are invited to submit their business plans to the Digital Entertainment Business Plan Competition. The business plan conveys all the critical information for an investor to decide whether to fund the venture/project. The competition has invited an international entrepreneur/venture capitalist to give a training seminar to potential participants on the elements of good business plan. Students taking the Master Degree of Business Administration at the Chinese University of Hong Kong will volunteer to help Hong Kong entrepreneurs write their business plans. The deadline for submitting business plans is October 31, 2005. The three finalists will have an opportunity to present their business plans in a one-to-one meeting with a world-class venture capitalist of their choice during the Cyberport Venture Capital Forum 2005 on December 6, 2005. They will meet other venture capital firms who are also interested in investing in their ventures.

     Judges of the competition will include members of the Hong Kong Venture Capital Association and venture capitalists in Hong Kong. The winning teams will be also automatically qualified as potential incubatees of the Cyberport Digital Entertainment Incubation and Training Centre which will provide them with offices and infrastructures to develop their new projects or businesses in Cyberport. Details are available at http://incutrain.cyberport.hk

     Do not miss this unprecedented opportunity to make your way to success and to get funding from world-class venture capitalists. Applications start today (September 29). Digital Entertainment Business Plan Competition 2005 details and registration forms are available for downloading at www.cyberport.hk. For enquires, please call 31663838 or send e-mails to cvcf@cyberport.hk.

About Cyberport

Cyberport ˇV Hong Kong's IT Flagship ˇV is a US$2 billion (HK$15.6 billion) landmark project managed by Hong Kong Cyberport Management Company Limited and wholly owned by the Government of the Hong Kong Special Administrative Region.  The project has been developed on a 24-hectare site at Telegraphy Bay in the southern district of Hong Kong Island. It comprises four Grade A office buildings, a five-star Le Meridien Cyberport hotel, a retail entertainment complex, the Arcade, and a deluxe residential development, Bel-Air, all aimed at creating an interactive environment that will be home to a strategic cluster of about 100 IT companies and more than 10,000 IT professionals.

Ends/Thursday, September 29, 2005
Issued at HKT 17:04

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