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Cyberport encourages China entrepreneurs to focus on the emerging Web

Anuradha Shukla | May 19, 2011
US$128,600 announced for young entrepreneurs in Hong Kong and Shenzhen to tap the Internet business opportunities.

Creative digital community Hong Kong Cyberport Management Company (Cyberport) is offering US$128,625 in seed money to 10 teams of young entrepreneurs from Hong Kong and Shenzhen who are focusing on the emerging Web.

This initiative is taken to expand the success of the company’s Cyberport Creative Micro Fund (CCMF) pilot scheme, which aims to help young talent develop the technical and business skills required to tap the opportunities of the fast-growing Internet.

The CCMF scheme is also aimed to enhance collaboration between Hong Kong and Shenzhen youth.  

According to Cyberport, this programme is being launched in collaboration with The Centre for Innovation and Technology and The Centre for Entrepreneurship of The Chinese University of Hong Kong.

Many other academic and industry leaders in Hong Kong and Shenzhen are also contributing towards this initiative.

Tapping Chinese ICT markets

Application deadline for interested participants is 28 May for Hong Kong and 31 May for Shenzhen applicants.

Cyberport notes that participants will get the opportunity to commercialise their innovative ideas for capturing the opportunities of the potential and rapid-growing information and communications (ICT) markets in China.

Shortlisted teams will be announced on 4 June 2011.

Cyberport adds that this programme will encourage young entrepreneurs to build a cross-border talent community between China and Hong Kong.


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