A Memorandum of Understanding (MoU) signing ceremony between the University of Hong Kong (HKU) and Hong Kong Cyberport (Cyberport) was held recently to set up the HKU x Cyberport Digital Tech Entrepreneurship Platform. The Platform is the first-of-its-kind collaboration between HKU and Cyberport aiming to form a closer partnership to build a unique digital tech ecosystem for Hong Kong spanning the aspects of human capital, innovation and technologies, entrepreneurship, and legal and business expertise.
Cyberport has the largest FinTech cluster in Hong Kong with close to 200 FinTech companies, and houses the world's leading FinTech Accelerators like Accenture FinTech Innovation Lab Asia Pacific and SuperCharger. Cyberport also provides the largest FinTech co-working space for FinTech events and workshops to support the aim under the MoU. Dr Lee George Lam, Chairman of Cyberport commented, "Cyberport is pleased to seal a strategic partnership with HKU, we share the same vision and commitment to drive digital tech innovation and adoption. With Cyberport's wealth of global connections and digital entrepreneurial resources, together with HKU's expertise on technologies and development, we are sure that many more great ideas will flourish and innovative solutions will be widely adopted."
As an internationally recognised research-led education institute with a breadth of academic expertise, HKU will provide support to digital tech start-ups at Cyberport by hosting legal and business clinics with professional service on legal advice, business plan consultancy and internal valuation practices to help them accelerate their growth organically and inorganically. Peter Mathieson, President and Vice-Chancellor, HKU commented, “HKU is pleased to partner with Cyberport. With our strength in human capital and the expertise and technologies from our faculty, together with Cyberport's connections and infrastructure, we can cultivate and develop strong innovation and entrepreneurial activities through this platform."
The opening of the "HKU x Cyberport FinTech Nucleus" is the first step to introducing more creativity and innovation to The Cyberport Centre of Global FinTech Innovation, an important avenue where FinTech solutions will be spotlighted to stimulate exchanges and adoption, as well as to spawn further innovation and collaboration.