HSUHK x HKSTP Co-ideation Programme (4th Cohort)

WHAT IS CO-IDEATION PROGRAMME?

The HSUHK x HKSTP Co-Ideation Programme is an entrepreneurship supporting programme jointly organised by the Hong Kong Science and Technology Parks Corporation (HKSTP) and The Hang Seng University of Hong Kong (HSUHK), aiming at supporting aspiring entrepreneurs to kickstart their entrepreneurial journey.

This is a one-year programme for early-stage start-ups with technological elements. During this one-year programme, you will have exclusive access to:

  • Seed fund up to HK$100,000
  • Training and consultation
  • Mentorship and coaching
  • Co-working space
  • Business and technical support

In addition to the above, the shortlisted teams of the Co-Ideation Programme will be eligible for direct admission into CIE’s Pre-Incubation Programme, which will provide you with additional mentorship support, workshops and networking opportunities.

ONLINE INFORMATION SESSION

Date: 2 October 2024 (Wed)

Time: 3:00 pm – 4:00 pm

Language: English

Platform: Zoom

Please register for the Online Info Session

ELIGIBILITY

  • The team leader/person-in-charge must be a current undergraduate or postgraduate student of HSUHK, an HSUHK employee, OR an HSUHK/HSMC/HSSC Alumnus AND
  • Hong Kong Identity Card (HKID) holder aged 18 and above AND
  • 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.
  • Please note that if you (and any of your team members) are currently joining or any funding pre-incubation programmes or incubation programmes or have shareholding in the start-ups involved in these programmes, including but not limited to HKSTP Ideation, HKSTP Incubation, Cyberport CCMF/CUPP, Cyberport Incubation may not be eligible to join the Co-Incubation Programme.

APPLICATION

Applicants must complete the Application Form  with a submission of a business concept statement (in pdf format) and a zoom video recording (within 5 mins). The application deadline is 23 October 2024 (Wednesday) 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]_Business Concept
  • 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.)

The Zoom video It should be in the form of a pitching video with the following requirements:

  1. Content:
  • Present clearly a concise overview of your project within 5 minutes with no more than 15 slides covering the key information as specified in the business concept statement.
  • Language: Cantonese / English / Putonghua.
  1. Format:
  • File Name: [Your Team’s Name]_Pitching Video
  • Record the video via the recording function in Zoom.
  • Keep your camera on and ensure the voice and the slides are clearly presented.
  • Set the video in high resolution.
  1. Reference to the video guide (HERE)

HSUHK x HKSTP Co-Ideation Programme

Application Form

APPLICATION TIMELINE

The deadline for application:  23 October 2024 (Wed) 12:00 at noon.

Panel Assessment: The assessment will be arranged in November 2024 and the details will be announced in due course.

Result Announcement: Early December 2024 (exact date to be confirmed)

Programme Start Date: January 2025 (exact date to be confirmed)

FURTHER INFORMATION ABOUT THE PROGRAMME

Programme Details

STAGES OF CO-IDEATION PROGRAMME

Timeline

TENTATIVE PROGRAMME SCHEDULE

StageTime FrameAction
1 - Promotion2 October 2024
3:00 pm – 4:00 pm
Online Info Session – 4th Cohort
Registration for online info session
2 - Admission September – October 2024Online application of the programme:
The link of application form
At noon, 23 October 2024 (Wed)

Deadline of application
November 2024Assessment by the Selection Panel for the shortlisted teams (interview might be arranged).

Result will be announced in late November to December 2024
3 – NurtureFebruary – June 2025 Proceed with the 1st to the 2nd Milestones.

• Training
• Mentoring
• Business matching
• Milestone Review (HSUHK + HKSTP)
• Collect the teams’ company documents by HSUHK
4 – ConversionJuly – January 2026• Convert to the Incubation Programme (Consultation by HKSTP)
• Demo Day
• Programme Review

RULES AND REGULATIONS

  1. Each applicant is eligible to join one team only.
  1. Each individual/team applicant must assign a team leader (person-in-charge) who is HSUHK current student or colleague or alumni. The team leader also serves as the team’s contact person and financial representative. 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.
  1. 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.
  1. 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.
  1. 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.
  1. 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.
  1. Individual based must be incorporated as a limited company in Hong Kong before the assessment submission of 2nd milestone.
  1. If the team has any changes in a team leader or members, please inform CIE by email cie@hsu.edu.hk
  1. The provision of financial support and co-working space access is subject to the final decision of HKSTP.
  1. HKSTP and CIE reserve the right to modify the programme context at any time.
  1. 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***

  1. The personal data collected from you will be used for the purpose of processing this application/request, research & statistics and providing subsequent services.
  1. 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 the Centre at cie@hsu.edu.hk.
  1. Event photos and event videos taken during the programme may be used in promotion and media coverage by CIE and/or HSUHK and/or HKSTP and/or other relevant stakeholders.
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