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Invest Hong Kong (InvestHK), an arm of HK, has invited Indian start-ups to join a global competition it is conducting for the tiny firms.
InvestHK, in association with The Indus Entrepreneurs (TiE), held a meeting here on Thursday where it invited Indian start-ups to take part in the StartmeupHK Venture Programme. It is meant for “high-impact, innovative and scalable start-ups” that aim to target global audience from Hong Kong.
The competition is held in two categories. Category 1 targets early to growth stage ventures with sizeable revenues and customers, while Category 2 targets the start-ups at prototype stage with no revenues or customers.
The entrants will have to submit the online application form and a two-minute video on their idea by July 31 to join the fray, Charles Ng, Associate Director-General (Investment Promotions) of InvestHK, said.
Hong Kong will pick 12 winners (nine in the first category and 3 in the second) across the globe who will be given prizes worth $5,00,000, a paid trip to the city and mentorship.
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