Thursday, August 21, 2014

53 Israeli startups to participate in this year Hong Kong startup contest

Invest Hong Kong, a government organization that promotes investment and entrepreneurship in Hong Kong, announced that 550 startup companies enter the 2014 StartmeupHK Venture Programme. The 550 entries come from 47 countries. 178 Hong Kong companies applied together with 65 from the US, 53 from Israel, 46 from India and 30 from the UK. Majority of the companies are still in the concept or prototype stage, but a third are companies already earning revenue or with active users.

Mr. Simon Galpin, InvestHK’s Director-General told Forbs that “I am happy to see the increasing popularity of our competition as evidenced by the almost 40 per cent increase in the number of entries submitted.” He added “I am also very pleased to see that the competition has reached more entrepreneur-led businesses in more overseas economies. Hong Kong offers an ideal foothold and a great opportunity for them to scale up and ‘go global’. I’m glad to see that our message about Hong Kong’s rapidly developing start-up ecosystem is spreading, which is one of the purposes of our StartmeupHK brand initiative and competition.”

Preliminary judging will narrow the list to 12 finalists that will be flown to Hong Kong and participate in the StartmeupHK Week in November and a panel of judges will select three Award Winners that will receive total cash prizes of $500,000.

InvestHK announces 2013 StartmeupHK Venture Programme Grand Award winners
2013 startmeupHK finalist

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