The information technology revolution continues to transform our lives, and IT is now at the heart of every area of business. Underlining this trend, the entrepreneurs making their pitches for one of Hong Kong’s leading start-up development programmes came from a very wide range of tech-focused sectors.
Just as Mainland China took two years to fully recover from the SARS outbreak that hit in 2003 – a process that greatly boosted the then-young Alibaba and Taobao – the United States is now going through its pandemic crucible, the 14th Asian Financial Forum heard last month.
As with any biome, innovation ecosystems have crowded, intensively competitive spaces – “red oceans” – and wide-open spaces full of potential – “blue oceans” – where pioneers can potentially grow far and quickly.
The 12th edition of HKTDC Entrepreneur Day (E-Day) is themed “Revive • Redefine” and aims to support start-ups that use disruptive and innovative ideas to redefine business rules and revive ever-changing business ecosystems.
An early-stage venture capital firm – investing in seed- to series-A scalable technology start-ups across promising sectors – Click Ventures has helped many Asian and United States-based start-ups fast-track their global expansion.
“Our business is international but the location for our headquarters is strategic,” Anywhere Networks CEO Winfred Fan said when explaining why the technology company decided to establish its base in Hong Kong.
The term “start-up” often brings to mind a team of engineers devising the next big thing in such abstract areas as fintech or blockchain but the start-up innovation field is limitless and many start-ups develop hands-on solutions which impact our daily lives.