InvestHK announces 2013 StartmeupHK Venture Programme semi-finalists

     Invest Hong Kong (InvestHK) today (September 19) announced the 22 semi-finalists of its 2013 StartmeupHK Venture Programme.

     The department received 384 entries from 43 countries including the United States (US), Israel, the United Kingdom (UK), Canada, India, Malaysia, Korea and Japan. Local entries were strong, with 70 ventures based in Hong Kong vying for one of the 12 finalist places in this year's Venture Programme.

     The 22 semi-finalists include eight ventures from the US, three from Canada, two each from Hong Kong and Israel, and one each from Denmark, France, India, New Zealand, Spain, Sweden and the UK. Their ventures range from air pollution monitoring to a sports coaching application, robotics, sustainable packaging, interactive communications solutions and more (see table below).

     Each semi-finalist was chosen by the assessors for the scale of the problem/opportunity being addressed; the effectiveness of the solution and its impact; their venture's viability, sustainability and scalability; and the economic benefit to Hong Kong in terms of knowledge and skills, job creation, social and environmental value, and more.

     These 22 semi-finalists will be interviewed by assessors at the end of September to be among the 12 finalists who will take part in StartmeupHK Week from December 4 to 7 in Hong Kong. At the culmination of this year's programme, the Venture Forum on December 5, three Grand Award Winners will be chosen by the judges and attendees.

     InvestHK's Director-General of Investment Promotion, Mr Simon Galpin, said he was delighted by the quality of the successful entrants and their diverse geographic and sector origins.

     "I am happy to see that the proposals are of such high quality and that they come from so many different countries and cities. I am particularly impressed with the creativity shown by many of these ventures. This is exactly the kind of business creativity we would like to further develop in Hong Kong, to help encourage our home-grown start-up culture," Mr Galpin said.

     Details of the 2013 StartmeupHK Venture Programme are available on the dedicated website The site offers a one-stop portal to the city's start-up community, and is the first such Hong Kong Government portal on start-ups. It also lists the latest start-up events and various government incentive and incubation schemes.

InvestHK 2013 StartmeupHK Venture Programme semi-finalists

Name            Origin            Business
of Company
----------      ------            --------
AYKOW           France            Real-time air

D'Arcy          New Zealand       Polychromatic
Polychrome Ltd                    pigment paint

Forus Health    India             Medical
Pvt Ltd                           pre-screening

FundedByMe      Sweden            Crowdfunding

Global Spatial  Canada            Data monitoring

Hanson Robotics US                Robotics

IT Central      Israel            Social media
Station                           platform

J Plus          Hong Kong         Sports coaching
Corporation Ltd                   application

LiTHIUM BALANCE Denmark           Battery management

Metail          UK                3D clothes fitting

Moebius Medical Israel            Joint damage
Ltd                               reduction

Nephosity, Inc  US                Medical imaging

Phoenix Depot   Canada            Recycling of
International                     oil-based waste
Inc                               for clean fuel

Pinnacle        US                Energy-efficient
Engines                           engines

PulpWorks, Inc  US                Sustainable

RnR Associates  Canada            Product design

Sanguine        US                Biomarker and drug
Biosciences,                      discovery research

Stretch         US                Financial
Payment                           technology
Solution Inc

VajraSoft Inc   US                Intellectual

Viclone         Spain             Interactive

Wifinity Ltd    Hong Kong         IoT (Internet of
                                  Things) platform

Zimfly, Inc     US                Mobile Building
                                  Modelling (BIM)

About InvestHK

     InvestHK is the department of the Hong Kong Special Administrative Region Government established in July 2000 to take responsibility for Foreign Direct Investment and support overseas, Mainland and Taiwan businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy. As at September 4, 2013, InvestHK had completed 3 000 investment projects creating more than 33 950 new jobs in the first year of operation or expansion and over HK$78.6 billion of investment. For more information, please visit

Ends/Thursday, September 19, 2013
Issued at HKT 17:14