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Tech19 Mar 2024 9:36

Hong Kong’s Innovation Hub HKSTP Selects 74 Startups for EPiC 2024

by Yong-Joon Bae
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The Hong Kong Science and Technology Parks Corporation (HKSTP) has announced the selection of the top 74 startups from a pool of over 600 contenders for its eighth annual Elevator Pitch Competition 2024 (EPiC 2024) Grand Finale, which will take place in Hong Kong on April 26, 2024. 

These semi-finalists emerged from the inaugural four-city series of global semi-finals hosted in Silicon Valley, Stuttgart, Hong Kong, and Singapore.

Established in 2001, the HKSTP plans to make Hong Kong a prominent international innovation and technology (I&T) hub through its startup program. Focusing on sectors like health tech, AI and robotics, fintech, and smart city technologies, the HKSTP has cultivated a vibrant I&T ecosystem. 

It currently supports over 10 unicorns and hosts more than 13,000 research professionals and around 1,700 technology companies from 26 countries and regions.

The organization has cultivated a thriving innovation ecosystem with key locations such as Hong Kong Science Park in Shatin, InnoCentre in Kowloon Tong, and three InnoParks in Tai Po, Tseung Kwan O, and Yuen Long. 

These hubs have been crucial in advancing various sectors, including advanced manufacturing, microelectronics, and biotechnology, thereby reshaping Hong Kong’s industrial landscape through new industrialization initiatives.

Besides, the inauguration of the Shenzhen Branch highlights HKSTP’s support for cross-border startups collaboration and driving technological innovation on a global scale. Equipped with facilities, including laboratories and versatile co-working spaces, the branch aims to attract enterprises specializing in critical sectors such as Medtech, AI, robotics, and sustainability. 

The Shenzhen Branch plays a pivotal role in realizing this vision by bridging connections and collaboration between Hong Kong and the international community, particularly in key technological domains. 

Through its comprehensive infrastructure and conducive environment, the branch provides tech firms and professionals with the necessary resources to thrive and contribute to the advancement of the I&T sector globally.


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