City University of Hong Kong launches start-up program
The City University of Hong Kong has launched a large-scale flagship innovation and entrepreneurship program – HK Tech 300 – for aspiring entrepreneurs among its students and staffers, aiming to create 300 start-ups in three years. The program will offer professional training and a seed fund for different project teams to develop innovative ideas into start-ups, validating […]
Tsinghua University investment unit to back Japanese high-tech startups
China’s Tsinghua University’s investment unit is set to become one of Japan’s biggest supporters of high-tech startups, with plans to invest 4 billion yuan ($584 million) over several years in artificial intelligence and robotics ventures. Tus-Holdings, the leading research university’s investment arm, established an office late last month with UTokyo Innovation Platform, its counterpart under the University of Tokyo. […]
Imperial and Tsinghua University launch seed fund for ‘ambitious collaborations’
Imperial College London and Beijing’s Tsinghua University are launching a joint seed fund to support early-stage bold scientific ideas. The Tsinghua-Imperial Research and Innovation Fund, which brings together two of the world’s leading research universities, aims to kick-start innovative research projects and concepts that are showing signs of promise but are at an early stage […]
Tongji University establishes the Research Center of Innovation, Entrepreneurship and Venture Financing
Two institutes at Tongji University, The School of Economics and Management (Tongji SEM) and the Advanced Institute of Business Research (AIBR), in concert with Shenzhen CDF-Capital, a private equity and venture capital firm, have established the Research Center of Innovation, Entrepreneurship and Venture Financing at Tongji University. In May 2018, the world’s first Index of Innovation, […]
Hong Kong launches HK$2 billion fund to support tech start-ups
The government said on Friday it is inviting venture capital funds to apply to become co-investment partners of the new Innovation and Technology Venture Fund (ITVF). “The ITVF will help fill the funding gap for local technology start-ups. We are confident that having this new fund will be conducive to developing a more vibrant Hong […]
Hong Kong X Technology Fund backs six startups, expands to Jordan
Hong Kong X Technology Fund has backed six HK-based emerging technology companies as part of an accelerator programme. This coincides with the launch of its second X-LAB, a co-working space for technology companies, in Jordan on 12 August 2017. This will see several of the investee companies move into X-LAB, sponsored by publicly-listed Sino Group, one […]
Sanovas Prepares for Global Expansion by Creating Innovation Center and Venture Capital Fund in China
Sanovas, Inc., a Life Science technology company innovating the next-generation of micro-invasive medical technologies, announced today that it has achieved an agreement with the People’s Government of Suzhou, China, to establish a venture capital fund and Innovation Center at the Suzhou Institute of Nanotechnology and NanoBionics (SINANO) at the Chinese Academy of Sciences located within […]
Alibaba launches US$3m start-up competition with Cyberport and Hong Kong Science and Technology Parks
Alibaba’s not-for-profit initiative, the Hong Kong Entrepreneurs Fund, is teaming up with the city’s Cyberport and Hong Kong Science and Technology Parks on a US$3 million start-up competition to help nurture the city’s growing start-up scene and identify tomorrow’s entrepreneurial stars The competition, “Jumpstarter 2017”, will begin in May and is open to a variety […]
Tsinghua University’s Redbud Capital To Launch $150M Venture Fund-Of-Funds
Redbud Capital, an investment platform under Tsinghua Holdings, has teamed up with the State-owned Assets Supervision and Administration Commission (SASAC) of Yiwu City and Zhejiang China Commodities City Group to launch a RMB1 billion (US$150 million) fund-of-funds focused on venture capital. The new vehicle will invest in venture funds, says an announcement without elaboration. It’s […]
China launches $30 billion state-controlled venture capital fund
China’s state council has approved a 200 billion yuan ($30.19 billion)venture capital fund to invest in innovative technology and industrial upgrading projects, the country’s state assets regulator said on Thursday. China has been encouraging its industrial firms to rise up the value chain through technical innovation and tougher efficiency standards, with the aim of creating […]