AWS and HKSTP Launch “Thought Launcher” Co-Thought Initiative

Built-in with HKSTP Ideation Program to speed up development for early stage startups

Hong Kong SAR – Media Outreach – 24 November 2022 – Amazon Net Companies (AWS) and Hong Kong Science and Know-how Parks Company (HKSTP) immediately collectively launched the “Thought Launcher” to advertise and speed up innovation and know-how (I&T) Began thought initiative. Development in Hong Kong via complete help, mentoring and training to assist early-stage startups nurture revolutionary concepts and analysis initiatives.

That is one other strategic addition to HKTSP’s co-incubation mission with HKSTP-AWS Thought Launcher being the primary partnership with a company chief below HKSTP’s Ideation Program. AWS will work carefully with HKSTP to particularly help the event of early-stage concepts from rising startups and next-generation entrepreneurs.

This newest initiative continues the strategic collaboration that AWS and HKSTP launched earlier this 12 months, masking 4 key pillars of analysis and growth, know-how simulation, co-incubation, and expertise and tradition cultivation. Thought Launcher is a six-month co-ideassing initiative that gives early-stage startups and entrepreneurs with technical coaching, enterprise mentorship, evaluation of capabilities in addition to mission feasibility to optimize startup options and ideas.

HKSTP will supply HK$100,000 in seed funding and incubation coaching to chose startups, whereas AWS will present tailored AWS innovation tradition workshops to assist startups construct their innovation functionality. Program individuals will obtain as much as US$25,000 in AWS cloud sources, in addition to technical help and coaching via the “AWS Activate” program, which is particularly designed to assist startups optimize their enterprise fashions and drive future development. has been established to assist ship.

“Hong Kong’s thriving startup ecosystem is rising as a driving drive for the town’s economic system,” stated Chris So, Head of Enterprise Improvement, Hong Kong and Macau, AWS, “Constructing on Amazon and AWS expertise and years of serving startup firms, we stay up for offering the crucial help and sources required by startup enterprises in any respect phases of development. Our established startup ecosystem and funding growth in Hong Kong and past Along with the groups, we assemble expertise with funding establishment backgrounds and entrepreneurial expertise able to help startups all through their development cycle. We journey to advance native startups and elevate Hong Kong to worldwide I&T hub standing We stay up for deepening our partnership with HKSTP going ahead.”

Eugene Hsia, Chief Company Improvement Officer, HKSTPstated: “Hong Kong is a land of alternative. The seeds of entrepreneurship have all the time been deeply rooted within the hearts of its individuals. We’re thrilled to see the town’s urge for food for entrepreneurship attain document ranges and our vibrant I&T ecosystem absolutely Rising. Momentum. New concepts come to our park each day, and we’re humbled to drive Hong Kong’s transformation by constructing its largest innovation ecosystem. One of many world’s largest and most revered startups, AWS By partnering with, we stand able to elevate Hong Kong’s proficient entrepreneurs onto the worldwide stage.”

HKSTP launched the IDEAction program in 2019, furthering its help for early-stage R&D initiatives and revolutionary concepts. Properly acquired within the startup group, the variety of members and groups collaborating in this system has grown from 60 to over 230.

For extra details about Thought Launcher, please go to right here.

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The issuer is solely answerable for the contents of this announcement.

About Hong Kong Science and Know-how Parks Company

The Hong Kong Science and Know-how Parks Company (HKSTP) has been dedicated to constructing Hong Kong as a global innovation and know-how hub for over 20 years, to drive success for native and international pioneers immediately and tomorrow. HKSTP has established a flourishing I&T ecosystem that’s house to a few unicorns and Hong Kong’s main R&D hub with over 12,000 analysis professionals and over 1,100 know-how firms specializing in healthtech, AI and robotics, fintech and sensible metropolis applied sciences are concentrated.

Established in 2001, we appeal to and nurture expertise, speed up and commercialize innovation and know-how for entrepreneurs in Hong Kong, the Higher Bay Space, Asia and past. Our rising innovation ecosystem is constructed round our flagship areas of Hong Kong Science Park in Shatin, InnoCenter in Kowloon Tong and three trendy InnoParks in Tai Po, Tseung Kwan O and Yuen Lengthy. Three INNOPARKs are realizing the imaginative and prescient of re-industrialisation for Hong Kong. Targets Sectors akin to superior manufacturing, electronics and biotechnology are being reimagined for brand spanking new technology business.

Via our infrastructure, companies, experience and community of partnerships, HKSTP will assist set up innovation and know-how as a pillar of Hong Kong’s growth, whereas on the coronary heart of the GBA innovation powerhouse Hong Kong as a launchpad for international development Will strengthen the place of Worldwide I&T Hub of ,

Extra details about HKSTP is offered right here

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