Start up

Kung Wo Tong has been a well-established business for more than 100 years in Hong Kong. The company uses secret recipes passed down from the Qing dynasty to produce a herbal jelly using Guiling paste. The founder's granddaughter started her own business in recent years with her own brand Gui Ling Yuan Fang, aiming to modernise Hong Kong’s herbal tea culture and promote the concept of health preservation to a younger consumer base.

Two of the many issues created by the COVID-19 pandemic and the resulting control measures were limited opportunities for exercise, especially indoors, and idle space in commercial buildings. Hong Kong entrepreneur Dinesh Nihalchand has come up with what he believes is a future-proof solution for the fitness business that offers contactless personal training while optimising under-utilised real-estate assets at the same time.

Moving into its 14th edition, Entrepreneur Day (E-Day) will be held in a hybrid format in 2022 to engage participants from all over the world. Under the “Balance Beyond the Boom” theme, this year’s E-Day will explore the development of an international start-up ecosystem in the wake of the start-up boom, helping new enterprises tap into global markets and the Guangdong-Hong Kong-Macao Greater Bay Area and Regional Comprehensive Economic Partnership member regions in particular.

Inspired by the heat-resistant silver ants found in the Sahara Desert, Hong Kong start-up i2Cool Technology has developed iPaint, a patented cooling paint that can greatly reduce building power consumption and accelerate the city’s efforts to achieve carbon neutrality.