Hong Kong (HKSAR) - The Science Park had proven to be adept at not only bringing complementary businesses and facilities together, but also in incubating and nurturing innovators and entrepreneurs, the Commissioner for Innovation and Technology, Miss Janet Wong, said today (March 19). Speaking at the graduation ceremony of the Incubation Programme of Hong Kong Science and Technology Parks Corporation, Miss Wong said the Incubation Programme, from its inception in 1992, had always been an important part in assisting technology-based companies at the critical start-up stage. She said, "The programme has successfully incubated more than 230 start-up companies, over 180 of which are still in business today." Miss Wong pointed out that in the past seven years, incubatees and graduates had filed over 360 intellectual properties, including patents, trademarks and registered designs.
Over 160 international and local awards have been won by companies under the programme. Among them, six of the companies graduated today. In the same period, the graduates had obtained over 180 cases of government funding, and attracted over $665 million in "angel"/venture capital investment.
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Author: HKSAR Government