Business Daily Media

Men's Weekly

.

Microsoft Hong Kong and HKSTP join forces to introduce "TechConnect" co-incubation programme to empower global startups growing in Hong Kong

A collaboration to empower startups’ ambition, turning vision into momentums

HONG KONG SAR - Media OutReach Newswire - 20 May 2025 - Microsoft Hong Kong and the Hong Kong Science and Technology Parks Corporation (HKSTP) announced the launch of "TechConnect", a 12-month co-incubation programme designed to empower local and global startups seeking to establish and scale their presence in the Hong Kong market.

As part of Microsoft Hong Kong's annual project "HKonnect+", this collaborative initiative will mainly focus on driving innovation in smart city solutions, particularly within the burgeoning sectors of property technology, marketing technology, and retail solutions. By leveraging the strength and resources of Microsoft Hong Kong and HKSTP, the collaboration aims to provide comprehensive, end-to-end support to promising startups, facilitating their successful entry and growth within Hong Kong's thriving tech ecosystem.

The collaboration was introduced in an opening ceremony by representatives from Microsoft Hong Kong and HKSTP, which underscores a shared commitment to fostering innovation and supporting the development of cutting-edge technologies in Hong Kong.

Application to the "TechConnect" programme is now opened. Local and overseas startups are encouraged to apply via https://bit.ly/43m2eAz .

Unparalleled benefits for participating startups to pave way for success

The "TechConnect" programme offers a suite of unparalleled benefits designed to accelerate the growth and success of participating startups, which will be supported by the unique resources of Microsoft Hong Kong and HKSTP.

Benefits that are going to be provided by Microsoft Hong Kong shed light on financial and technical support and business matching opportunities, including over HKD$1,100,000 in Microsoft Azure credits, granting startups free access to a wide range of Microsoft tools and exclusive offers, including GitHub Enterprise, Azure OpenAI Service, and VS Code, enabling them to leverage powerful technology for building and scaling their solutions. Participants will also benefit from comprehensive training workshops conducted by industry experts, covering key areas such as business strategy, technology development, and market entry. Ultimately, the programme will culminate in an exclusive DEMO Day, where startups will have the opportunity to pitch their solutions to leading investors, industry partners, and potential clients, fostering valuable business matching opportunities.

Meanwhile, HKSTP will offer up to HKD$100,000 through its Ideation Programme, providing crucial financial assistance during the early development stage of the tech companies. Startups will also gain access to co-working space, fostering a collaborative and productive environment. Eligible startups will also have the opportunity to apply for additional funding via HKSTP's Incubation Programme, further fuelling their growth and expansion.

In addition, both parties will also jointly provide expert training, coaching, and unlimited learning resources on technology enablement and business growth. Exclusive startups offers, such as perks from LinkedIn, Stripe Atlas, Bubble, and other trusted partners, will also be included.

Henry Li, Head of Global Partner Solutions at Microsoft Hong Kong shared, "We are pleased to launch this groundbreaking co-incubation programme with HKSTP, which further strengthens Microsoft Hong Kong's "HKonnect+" vision. By combining our cutting-edge technology resources and global industry expertise with HKSTP's invaluable local market insights and established network, we are creating a powerful, synergistic ecosystem for innovation and accelerated growth, which will significantly reduce the hurdles startups face when they wish to establish presence in the Hong Kong market. We are eager to witness the tangible and positive impact these startups will have on Hong Kong's future, driving technological advancement and improving the lives of our citizens."

Derek Chim, Head of Startup Ecosystem and Development at HKSTP added, "We are thrilled to partner with Microsoft Hong Kong to launch the co-incubation programme. By providing essential support from funding, infrastructure to strategic support tailored to the unique challenges startups commonly encounter, we are empowering local and global innovators to scale up by bringing their transformative solutions to our city. We are looking forward to receiving exciting proposals that will create positive impact to Hong Kong's innovation and technology landscape."


Hashtag: #MicrosoftHongKong

The issuer is solely responsible for the content of this announcement.

About Microsoft

Microsoft (Nasdaq "MSFT" @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

About Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) is Hong Kong's largest innovation and technology incubator, serving a vibrant community of over 24,000 professionals. With more than 2,200 tech startups from over 26 countries / regions, HKSTP offers end-to-end incubation support—from ideation to scale-up—alongside world-class R&D facilities and infrastructure. As a leading driver of innovation, HKSTP propels to thrive and grow in Hong Kong and beyond.

News from Asia

Wildberries tests ready-to-eat food delivery from restaurants

MOSCOW, RUSSIA - Media OutReach Newswire - 16 July 2025 - Wildberries, a leading digital platform in Eurasia, is launching a pilot service for express delivery of ready-made meals from restaurants...

MSIG Hong Kong’s 2024 Claims Report announces multi-year growth in its claims settlement ratio and highlights award-winning claims processing innovation

94.5% claims settlement ratio was achieved amidst a difficult business environment First year that two categories – Employees' Compensation Hong Kong and Marine - saw settlement ratios of 100% D...

Johnson Electric reports Business and Unaudited Financial Information for the First Quarter of Financial Year 25/26 and Formation of Joint Ventures in the PRC for Humanoid Robotics Business

HONG KONG SAR - Media OutReach Newswire – 16 July 2025 - This news release is made by Johnson Electric Holdings Limited ("Johnson Electric" or the "Company" and together with its subsidiaries, the...

Biotech Breakthroughs in Anti-Aging: Decoding the Hallmarks of Aging and the Longevity Code

The Hong Kong Society of Cosmetic Chemists (HKSCC) Invites Swiss Biotech Expert to unveil scientific truths behind aging Clinical Evidence Confirms Anti-Aging Efficacy of Plant-Based Stem ...

This Summer, Take a Break with a Brick. Join LEGO® Group and Minifigure "Lok Jai" on a Joyful Journey Across 8 "Fun Spots" Explore Hong Kong’s Map of Happiness and Make the Most of Your Holiday

HONG KONG SAR - Media OutReach Newswire - 16 July 2025 - This summer, LEGO® Group teams up with popular minifigure Lok Jai to invite everyone in Hong Kong—young and old—to "Take a Brick" and enjoy...

SY Holdings Issues Positive Profit Alert for 1H 2025: Net Profit Expected to increase by approximately 20%, Platform-Based Tech Revenue Share Surpasses 50%

SHENZHEN, CHINA - EQS Newswire - 16 July 2025 - SY Holdings Group Limited ("SY Holdings" or the "Group", Stock Code: 6069.HK), a leading digital-intelligence technology company focused on "AI + Ind...

SUNRATE Awarded In CNBC’s World’s Top Fintech Companies 2025 List

SINGAPORE - Media OutReach Newswire - 17 July 2025 - SUNRATE, the global payment and treasury management platform, announced today that it has been included in the prestigious CNBC's list of the W...

Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs Driving Industry Pivot Toward Asia

SINGAPORE - Media OutReach Newswire - 17 July 2025 - With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term ...

Southco Adds New Options To Its E5 Line Of Cam Latches

HONG KONG SAR - Media OutReach Newswire - 17 July 2025 - Southco is adding two new options to its E5 line of quarter-turn cam latches, opening up a variety of new functionalities...

EPIC 2025 Outdid Itself with Record-High 1,200 Applications

Doubled from last year with 87% entering the Hong Kong startup competition from overseas HONG KONG SAR - Media OutReach Newswire - 17 July 2025 - EPIC 2025, organised by Hong Kong Science and Tech...

Australian Businesses Still Stuck in the AI Hype Cycle

Data Governance Failures, ROI Gaps and Unclear Strategy Slowing Progress Despite artificial intelligence (AI) dominating headlines and boardroom ag...

How to ensure your manufacturing business survives international tariff turmoil

Optimising your operations in FY2026 will help you combat the challenges of a volatile trading environment. Up, down, in out…Since the commence...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...

Beyond borders: Building a scalable strategy for international hiring

For many Australian businesses, growth increasingly depends on thinking beyond local borders.  As wage pressures rise, and specialised talent pool...

The Next Generation of Maritime Sustainable Solutions

As organizations globally seek innovative ways to improve sustainability and their impact on Earth, the American Waterways Operators (AWO), a lead...

Demand for Home Batteries surges as Federal Rebate Kicks In

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

Sell by LayBy