WHAT IS HSUHK x HKSTP Co-Ideation Programme?
HSUHK x HKSTP Co-Ideation Programme is an entrepreneurship supporting programme jointly organised by the Hong Kong Science and Technology Parks Corporation (HKSTP) and Centre for Innovation and Entrepreneurship (CIE), The Hang Seng University of Hong Kong (HSUHK) for the HSUHK community.
This is a one-year programme for early-stage start-ups with technological elements. It aims at nurturing aspiring tech-focused entrepreneurs in Hong Kong for kickstarting their business ideas. During this one-year programme, you will have exclusive access to:
- Up to HK$100,000 seed funding
- Training & consultation
- Mentorship and coaching
- Access to co-working space
- Business and technical support
In addition to the above, the shortlisted teams of the Co-Ideation Programme will have direct admission to the Pre-Incubation Programme of CIE, which will also provide additional mentorship support, workshops and networking opportunities.
ONLINE INFORMATION SESSION
Date: 29 September 2023 (Friday)
Time: 2:30 pm – 3:30 pm
Language: English or Cantonese
ELIGIBILITY
(1) The team leader/person-in-charge must be a current undergraduate or postgraduate student of HSUHK, an HSUHK colleague, OR an HSUHK/HSMC/HSSC Alumni AND
(2) Hong Kong Identity Card (HKID) holder aged 18 or above AND
(3) Currently NOT supported by other HKSTP / Cyberport funding programmes AND
(4) Participants can join this programme as Individuals, teams or companies. For team or company-based participation, it must have been incorporated as a limited company for less than 2 years by the application submission date.
APPLICATION INFORMATION
Applicants must complete the online registration form with the submission of a business concept statement (in pdf format). The deadline for registration is 20 October 2023 (Friday) at noon. Late submission will only be considered on a discretionary basis.
Requirements of the Business Concept Statement:
- Cover page – Team Name / Project Title / Mission & Vision / Objectives / Core team member(s) – Brief description of their academic and business backgrounds
- Maximum number of pages: 5 (including cover page, appendices, diagrams and tables)
- Language: English
- Size of Paper: A4
- Font Size: 12
- File Name: Your team’s name
- File Format: PDF
- Indicative coverage:
– Introduction to the project (identified problem, market opportunity or market gap; description of the business concept and product/service)
– Business model (including target market and revenue & expenses streams)
– Description of the technological and innovative element(s)
– Description of the founding team member(s’) competency
– Project schedule
– Other information (stakeholders, partners, awards, IP etc.)
Further information about the Programme can also be found in the :
SELECTION PROCESS
Applicants will be invited to meet the admission panel and present their business concepts. Members of the admission panel consist of representatives from HKSTP and CIE. They will select the suitable applicants to join the programme based on the potential and the viability of the project as well as the execution capability of the founder (founding team). The interview or materials review might be arranged in November 2023 and the details will be announced in due course.
STAGES OF CO-IDEATION PROGRAMME
TENTATIVE PROGRAMME SCHEDULE
| Phase | Time Frame | Action |
|---|---|---|
| 1-Promotion | 29 September 2023 2:30 pm - 3:30 pm | Online info session – 3rd Cohort |
| 2-Admission | September - October 2023 | Online application of the programme: https://forms.office.com/r/iS6WSGU7YP |
| 20 October 2023 at noon | Close of application | |
| Late October - November 2023 | Assessment by Selection Panel Online / Face-to-face interview with the shortlisted teams or materials review might be arranged. Result will be announced in late November to early December 2023. |
|
| 3-Nurture | January - May 2024 | Proceed to the 1st to 2nd milestones • Training • Mentoring • Business matching • Milestone Review (HSUHK + HKSTP) |
| 4-Conversion | June - December 2024 | • Convert to Incubation (Consultation by HKSTP) • Demo Day • Programme Review |
RULES AND REGULATIONS
1) Each applicant is only eligible to join one team only.
2) Each individual/team applicant must assign a team leader (person-in-charge) who is HSUHK current student or colleague or alumni. The team leader is also a financial representative and the contact person. He/she is responsible for ensuring the team submits all necessary documents/information as requested by CIE or HKSTP, on or before the stated deadlines throughout the programme.
3) Plagiarism is NOT allowed. The business concept statement submitted must not contain any unauthorised use of copyrighted or proprietary materials of any person or entity or content violating the law of HKSAR. Any form of plagiarism will result in an automatic disqualification. The use of thoughts or work of another source must be properly referenced.
4) The development of product(s) and/or service(s) will not infringe the rights or intellectual property rights of any other parties (whether registered or not), including but not limited to patent rights, trademark rights, and copyrights.
5) By submitting the application to CIE, the individual or the team have to agree that the information submitted would be shared with HSUHK, CIE and/or HKSTP for administrative purposes.
6) All participants are required to abide by the rules and regulations of CIE and HKSTP. CIE or HKSTP retains the right to determine the team’s qualification to participate in the programme.
7) If the team has any changes in a team leader or members, please inform CIE by email cie@hsu.edu.hk
8) The provision of financial support and co-working space access is subject to the final decision of HKSTP.
9) HKSTP and CIE reserve the right to modify the programme context at any time.
10) HKSTP and CIE reserve the right to reject any application submitted for the programme and the right to interpret, amend, and supplement the terms and conditions in the guidelines.
***Personal Information Collection Statement***
- The personal data collected from you will be used for the purpose of processing this application/request, research & statistics and providing subsequent services.
- The personal data you provide may be disclosed to other relevant internal parties within CIE, HSUHK and HKSTP for the above purpose if required. You have a right to request access to, and correction of, your personal data held by us. If you wish to exercise this right, please email to CIE at cie@hsu.edu.hk.
- Photos and videos taken during the programme may be used in promotion and media coverage by CIE, HSUHK and/or HKSTP.