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1 Technology Business Incubation Programme Ms. Kimmie Wong Assistant Manager Incubation Admission Hong Kong Science and Technology Parks Corporation Jan 2012 Hong Kong Science and Technology Parks Corporation A statutory body set up by the Government Hong Kong Science Park; InnoCentre; Industrial Estates.

Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Page 1: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Technology Business Incubation Programme

Ms. Kimmie Wong

Assistant Manager

Incubation Admission

Hong Kong Science and

Technology Parks Corporation

Jan 2012

Hong Kong Science and Technology Parks Corporation

A statutory body set up by the Government

� Hong Kong Science Park;

� InnoCentre;

� Industrial Estates.

Page 2: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Hong Kong Science and Technology Parks Corporation

Vision

� Transforming innovation and technological advancement into value creation that benefits Hong Kong, Mainland – and the world.

Mission

� In propelling Hong Kong towards a world-class hub for selected technologies, we provide facilities, services and a dynamic environment that enable companies to nurture ideas, innovate and develop.

Hong Kong Science Park

� Hub for technology Industries

� Located at Shatin, Science Park Phase I & II provide

2,000,000 square feet gross Class A office areas and

state-of-the-art technology support facilities for more

than 300 technology companies in the Park.

Page 3: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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The Objective of Incubation Programme

To foster the growth of qualified technology

and design based start-ups in our supported

clusters, by providing a set of value-added

services and financial support to nurture their

development in areas of product/services,

marketing and organization.

Industry Technology Biotechnology

Clusters IT & Telecomm. PharmaceuticalPrecision Engg. Chinese Medicine Electronics Diagnostic Green Tech. etc.

Incu. Period ≤3 years ≤4 years

Support Office Premises Wet Lab Premises Technical Support FacilitiesTechnical and Management Assistance Management and Technical Training Promotion and Development Assistance

Financial Aid HKD 645K HKD 860K Package

Page 4: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Industry Mobile and Web application

Clusters Smartphone AppsWeb apps Games

Incu. Period ≤1.5 years

Support Open Office PremisesTechnical and Management Assistance Management and Technical Training Promotion and Development Assistance

Financial Aid HKD 300K Package

All Rounded Services

�Office Premises

�Technical & Management Assistance

�Management & Technical Training

�Promotion & Development Assistance

�Technical Facilities and Support

�Aid Package

Page 5: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Office Premises

� Incubatees are allocated with office space in Incubation Center or Incu-App Center in Science Park

�Free Rental and Reduced Rental

�Communal facilities�Reception Area�Meeting Room�Pantry�Office Equipment

Monthly Licence Fee

HK$7.9

HK$5.3

HK$7.9

HK$5.3

HK$7.9

HK$5.3

HK$0

(first 800 sq. ft.)

Rental/ sq. ft.

Mgt Fee/ sq. ft

(Wet Lab)

License Fee/

sq. ft.

(inclusive of

rental and mgt

fee)

Rental/ sq. ft.

Mgt Fee/ sq. ft

N/AN/AHK$0 for month

12-18

(first two

workstations)

HK$3000/worksta

tion thereafter

HK$0

(first two

workstations)

HK$3000/

workstation

thereafter

N/AHK$7.2

HK$2.8

HK$7.2

HK$2.8

HK$0

(first 800 sq. ft.)

Year 4Year 3Year 2 Year 1

(Office)

(Open -office)

Page 6: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Office Premises

Reception Area Furnished Office

Office of current incubatee

Meeting Room

Pantry & Networking Area

Wet Lab Premises

Biotech SME Unit

Biotech SME Centre

Culture Room

Shared Equipment Lab

Page 7: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Incu-App Center (sample)

Source: http://www.decodir.com

Source: http://www.commercialofficefurniture.org

Technical & Management Assistance

� Access to university resources �University student programmes

Short Term Internship; Final Year Project �Consultancy projects from professors�Licensing purchase�Subsidized library service

Page 8: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Technical & Management Assistance

� Mentorship Programme

Invite experienced business executives

and scholars as mentors; from:

� Industry

� Graduated Incubatees

� Academia

Management & Technical Training

� Training Courses/Seminar� Business skill, technical knowledge

� Custom made for incubatees in different

stages of development

Page 9: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Promotion & Development Assistance

Assist in organization and the logistics� Product Launch

� Press Conference

� Press Interview

� Exhibition (Overseas & Local)

� First @ Science Park

Promotion & Development Assistance

Networking Events � Seminars, Cocktails

� Building relationship with industrial & academic

professionals, and other incubatees

Page 10: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Promotion & Development Assistance

Legal Services

� More than 10 panel legal firm

� 1 hour complimentary consultancy service

� Incubatee-only preferential rate

� Free chat on specific topics

Business Matching Services

� Hong Kong Business Angel Network

� Business Consultation Service from

seasoned professionals with start-up,

operation and venture capital background

Page 11: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Technical Facilities and Support

Science Park Phase I & II

Photonics Centre

Wireless Centre IC Development Centre

Biotech Centre I & II

Solar Energy Technology Support Centre

IC Development Centre

Focuses on IC design and electronic system engineering

Reliability Lab- High/Low Temperature

Operating Life Test

- Temperature and Humidity

Bias Test

- Temperature Cycle Test

- High Accelerated Stress

Test

- Moisture Sensitivity Level

- Solder Reflow Simulation

Probe and Test Lab

- Test Development Engineering Service

- Engineering Test Service

- Characterization Test Service

- Wafer Probe Service

- Automatic Test Equipment

- Low Volume Production Service

IC Design Centre

IP Servicing Centre

- EDA Tools

- Data Centre

- IC Design Training Centre

- IP Trading Centre

- Multi-Project Wafer shuttle Service

- Virtual IP Chamber

Page 12: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Wireless Communications Test Lab

Provides support to 2.5 – 3.5G pre-conformance test, digital

video broadcasting, wireless LAN, WiFi & WiMax testings3GPP RF Pre-conformance Test system

3GPP Protocol Pre-conformance Test system

IOT Test System

DTV Broadcasting Test System

RF Signal / Network Analysis Workstation

3GPP RF Pre-Conformance System 3GPP Protocol Pre-Conformance System Infiniium Oscilloscope

IC Product Analysis Laboratory

Provides support for semi-conductor analysis� Scanning Electron Microscopes (SEM) with EDX, Voltage Contrast

� ESD / Latch-up tester (HBM/MM/CDM)

� Focused Ion Beam (FIB)

� Emission Microscope/Laser Scanning Microscope

� Auto Decapsulator / Manual Decapsulator

SEM with EDX and Voltage Contrast

Page 13: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Material Analysis Laboratory

Provides support for material analysis� X-ray Photoelectron Spectroscopy (XPS)

� Scanning Auger Microscopy

� Time-of-Flight SIMS (TOF-SIMS)

� Scanning Probe Microscope (with AFM and SCM)

� Field Emission Scanning Electron Microscope

Safety fume hood for Chemical testing

Time Resolved Backside Signal Acquisition System

Solid State Lighting Laboratory

Provides support to photonics and optoelectronics industries� Photo Spectrometer, CCD Detector and automatic 5-axis platform

� Video Pattern Generator

� Optical Probe, LED Test Fixture and Photo Spectrometer

� Integrating sphere and Photo Spectrometer

� LED Goniospectroradiometer and Photo Spectrometer

Display Panel Test Station Optical Amplifier Test Station Bit Error Rate and Eye Diagram Test Station

Page 14: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Biotechnology Laboratory

Provides support to biotechnology industrySteam Sterilizer (Getinge Model 533 Gravity & Vacuum Steam

Sterilizer)

Milli-Q Water Purification System (Millipore Milli-Q Synthesis A10)Class 2 biosafety hood (Nuair Labgard 437 Class II, Type A2)

-80 deg C Freezer (Thermo Forma 995)

Gel Imaging System (GE Healthcare ImageQuantTM 350)

Furnished Lab Setting Ultra purified water Centrifuge

Solar Energy Technology Support CentrePhotovoltaic Lab

� Solar Simulator

� UV/Vis/NIR Spectrometer

� Raman Microscope

� Spectroscopic Ellipsometer

Page 15: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Aid Package Subsidy for Incubatees

300K

N/A

300K

(HK$)

1.5 years

860K

60K

400K

400K

(HK$)

4 years

300K• Business Support Fund

300K• Technology Support Fund

45K• Micro Fund

645K

(HK$)

3 yearsI. Programme Duration

Sub-Total :

II. Aid package subsidy:

Admission CriteriaMandatory� A start up company registered in HK for no more than 2 years� At least 2 full time staff (At least 1 full time staff for Incu-App)� One full time staff is a technologist owning at least 10% of company; or the

whole full time technical group owns at least 20% of company� Applicant should not have seed funding from any company that owns 20% of

more equity, or investment from 2 or more companies. In the case where an off-shore structure is holding the applying company, the same rule shall apply to the holding company

� At least 50% of staff must be engaged in technology related work throughout the entire incubation period

� Request office size less than 1600 sq ft � Conduct core R & D in Science Park� No retail activities in Science Park office� Environmentally friendly workbench� Shareholder did not join the Incu-Tech Programme or the IncuTrain Programme

operated by Hong Kong Cyberport of the same field previously

Page 16: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Admission Criteria

Qualitative

� Quality and competency of the management team

� Business Viability

� Innovativeness

� Technology / R & D content

� Milestones set for every 6 months after admission

Milestone Assessment

Remarks: Entitlement of the aid package is subject to the incubation assessment result every 6 months.

Milestone assessment for Incu-App would be on month 3, 6, 9 (optional) and 12

Product Development

HKSTPC Support Usage

Increase in headcount

Profit

Etc.

Month

6 12 18 24 30

Page 17: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Application Procedure

If you have an innovative idea, technology background, capital and a registered company in HK, you can…

1. Download the application form from the website,www.hkstp.org/incubation

2. Write a business plan3. Send the application to us

…and you will get results of the admission in about 2 – 3 months for Incu-Tech and Incu-Bio and 1-2 months for Incu-App; and run your business in Hong Kong Science Park if admitted!

Business Plan

� Products/ Services

� R & D Contents

� Sales & Marketing Plan

� Finance

� Management Team

� Incu-Tech Added Value

� Milestone Summary

Page 18: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Admission Panel for Incu-Tech and Incu-Bio

1. Vice President, Finance & Corp Service, HKSTPC 2. Vice President, Business Development and

Technology Support, HKSTPC3. Vice President, Marketing & Sales, HKSTPC4. One of the 24 Technology Advisory Panel Members

(Local University Professors)5. Representative from Hong Kong Venture Capital

and Private Equity Association Limited

Admission Panel for Incu-App

1. Vice President, Finance & Corp Service, HKSTPC

2. Vice President, Business Development and

Technology Support, HKSTPC

3. Vice President, Marketing & Sales, HKSTPC

4. Two external Members in the mobile/web

applications industry

Page 19: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Awards

Ximplar Limited - Winners of the bronze

award at the Wall Street Journal Asian

Innovation Award 2011

Oversea Applicants

Our support to overseas applicants

� 7 overseas HKSTPC representatives stationed worldwide

� On site short term accommodation available

� Assistance in local staff recruitment

� Connection with government bureaus

� And more…

National Business Incubation Association of USA awarded Incu-Tech Programme as the NBIA Soft Landings International Incubator 2009-2011

Page 20: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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No. of Incubatees and their tech focus distribution from 03/04 to 11/12 (as of 15 Dec 2011)

40 3128

3136

42 4945

49

3124

2826

24

18

17

1310

5 7 9 8 5 5

9

12 10

4 4 3 43 3

510 9

3 1 14 4 52 2

0%

20%

40%

60%

80%

100%

03-04 04-05 05-06 06-07 07-08 08-09 09-10 10-11 11-12 Fiscal Year

No.

of

Tec

h-ba

sed

Incu

bate

es

GreenTechnology

Biotechnology /Others

PrecisionEngineering

Electronics

IT &Telecommunications

Summary

Benefit and Service

To nurture technology entrepreneurs by providing comprehensive supporting services & facilities

Office Premises, Technical & Management Assistance & Training; Promotion & Development Assistance; Aid Package; Technical Facilities & Support

3 – 4 years with milestone assessment

Submitted with application form and business plan; around 11 weeks processing time

Duration

Application

Aim

Page 21: Technology Business Incubation Programme · One full time staff is a technologist owning at least 10% of company; or the whole full time technical group owns at least 20% of company

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Feel Free to Contact Us!Incubation Programme,Admission team, HKSTPC

Tel: (852) 2629 6707

Mail: [email protected]

Website: www.hkstp.org/incubation