Hong Kong Cyberport Launches new fund to develop start-up ecosystem

Cyberport announced the new Cyberport Macro Fund (CMF) for Hong Kong-based digital entrepreneurs is open for applications. With an initial size of HK$ 200 million, the CMF aims to accelerate the growth of digital technology start-ups and facilitate their development to become the next generation of technology entrepreneurial leaders.

 

As part of a broader effort to expand the scope of the one-stop entrepreneur support programme, the CMF is open to all promising Hong Kong-based digital technology scalable start-ups. This includes incubatees, graduates of Cyberport’s programmes, Smart-Space companies and office tenants at Cyberport.

 

“Cyberport is excited to be the facilitator to transform the potential of Hong Kong’s digital entrepreneurs into actions and accelerate their growth in various stages of their development. Through the CMF, Cyberport looks forward to connecting investors with aspiring start-ups and opening up more funding opportunities for entrepreneurs to go after their ambition,” said Mr. Herman Lam, CEO of Cyberport.

 

The investment fund will offer seed to Series A stage funding to digital start-ups by co-investing with other private and public investors to encourage the development of a venture capital ecosystem in Hong Kong.

 

Successful applicants, set to receive between HK$1 million to HK$20 million in accumulative investment per each investee, will be assessed based on their business model including the areas of compliance, governance, financial position and business viability as well as the potential return on investment in business and proven involvement in the Cyberport community.

 

Don’t miss this unique chance to make a difference to your start-up. Apply today.

 

Visit www.cyberport.hk/en/about_cyberport/cyberport_macro_fund for more information.

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