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S for IT visits Cyberport (with photos)
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     The Secretary for Innovation and Technology, Mr Nicholas W Yang, today (October 19) visited Cyberport to learn about its latest work progress.
 
     The visit started with a briefing by the Chairman of the Board of Directors of Hong Kong Cyberport Management Company Limited, Dr George Lam, and the Chief Executive Officer, Mr Herman Lam, on the latest development and work of Cyberport. These include the launch of the $200 million Cyberport Macro Fund which provides seed to Series A stage funding to Cyberport digital entrepreneurs to assist them to accelerate. In addition, Cyberport has doubled its incubation scheme quotas and is actively setting up new clusters on financial technology (FinTech) and e-commerce. More Smart-Space small offices and workstations for start-ups will be provided.
 
     Mr Yang also took the chance to meet and exchange views with Cyberport incubatees specialising in FinTech, e-commerce and wearable devices.
 
     Last month, Mr Yang met with the management of two Cyberport incubatee alumni and two FinTech companies at Cyberport. He also visited Lenovo Ecosystem and Cloud Service Lab Asia Pacific to see the operation of the Lenovo Accelerator TOP TEN Programme, which offers support for start-ups specialising in technological areas like artificial intelligence, big data and robotics.
 
     Over the years, Cyberport has been implementing various initiatives to nurture technology start-ups and talents. It also makes industry know-how available to them and provides access to technology, business matching and marketing support. Since its launch in 2005, the Cyberport Incubation Programme has admitted some 370 technology start-ups. Since 2010, alumni and Cyberport incubatees, Cyberport Creative Micro Fund grantees have attracted over $1.1 billion of investment funding.
 
Ends/Wednesday, October 19, 2016
Issued at HKT 16:08
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The Secretary for Innovation and Technology, Mr Nicholas W Yang (centre), is pictured with the Chairman of the Board of Directors of Hong Kong Cyberport Management Company Limited, Dr George Lam (second left); the Under Secretary for Innovation and Technology, Dr David Chung (second right); the Government Chief Information Officer, Mr Allen Yeung (first left); and the Chief Executive Officer of Hong Kong Cyberport Management Company Limited, Mr Herman Lam (first right), at the Smart-Space during his visit to Cyberport today (October 19).
The Secretary for Innovation and Technology, Mr Nicholas W Yang (left), receives a briefing by management of Cyberport incubatee TNG Wallet on the operation of e-Wallet while visiting Cyberport today (October 19). Looking on is the Chief Executive Officer of Hong Kong Cyberport Management Company Limited, Mr Herman Lam (right).
The Secretary for Innovation and Technology, Mr Nicholas W Yang (second left), meets and exchanges views with the management of BondIT Asia (HK) Limited, a Cyberport incubatee specialising in financial technology, during his visit to Cyberport today (October 19). The company provides robo-advisory solutions for bond portfolio managers. Looking on are the Chairman of the Board of Directors of Hong Kong Cyberport Management Company Limited, Dr George Lam (first left), and the Government Chief Information Officer, Mr Allen Yeung (second right).
The Secretary for Innovation and Technology, Mr Nicholas W Yang (front left), learns more from the management of Gaifong Hong Kong Limited on the mobile app Gaifong, which provides an online platform allowing its members to rent or borrow consumer goods directly from people nearby. Looking on is the Government Chief Information Officer, Mr Allen Yeung (second right).
The Secretary for Innovation and Technology, Mr Nicholas W Yang (third right), listens to a briefing by representatives of Cyberport incubatee Seed Blooming on the O2O platform Call SiFu during his visit to Cyberport today (October 19). The platform aims to help people to find a "Sifu" to fix their household problems and "Sifus" to find clients. Also present are the Chairman of the Board of Directors of Hong Kong Cyberport Management Company Limited, Dr George Lam (fourth right); the Under Secretary for Innovation and Technology, Dr David Chung (fifth right); and the Chief Executive Officer of Hong Kong Cyberport Management Company Limited, Mr Herman Lam (first left).
The Secretary for Innovation and Technology, Mr Nicholas W Yang (second left), views the demonstration of a smart ring equipped with a voice assistant by a co-founder of Cyberport incubatee Origami Lab (first left) and congratulates the start-up for winning the Asia leg of Elevator World Tour during his visit to Cyberport today (October 19). Looking on are the Chairman of the Board of Directors of Hong Kong Cyberport Management Company Limited, Dr George Lam (second right); the Under Secretary for Innovation and Technology, Dr David Chung (first right); and the Chief Executive Officer of Hong Kong Cyberport Management Company Limited, Mr Herman Lam (third right).