The Federation of Hong Kong Industries’(FHKI) Hong Kong Startup Council hosted matching day of the new “STARS Programme” today (9 October) to connect 12 shortlisted startups with over 10 famous toys and electronics manufacturers, thereby facilitate cooperation of both sides and promote innovation of the industry.
Under the theme of “Smart Solutions”, the new “STARS Programme” target at startups that provide automation and advanced manufacturing technology, smart marketing and retail services and engage in R&D of new toy and electronics products. They would be paired up with seasoned industrialists who have extensive manufacturing and marketing experiences. Both parties will solve problems of the industry and explore new business opportunities together.
Vice Chairman of Hong Kong Startup Council Bryant Chan says, “STARS Programme” aims at helping youngsters start their business and rejuvenating Hong Kong Industries, “While manufacturers can adopt innovative ideas and technologies in a bid to enhance competitiveness, start-ups can gain professional guidance, especially on manufacturing related matters, thereby making their dream come true.”
The scheme received more than 40 applications since its launch in August. Hong Kong Startup Council will start matching this month and the start-ups will share their achievements on Demo Day early next year. FHKI is much honoured to acquire sponsorship from The Hongkong and Shanghai Banking Corporation Limited. Daniel Chan, Head of Business Banking, Commercial Banking, Hong Kong, HSBC said, “HSBC is committed to connecting businesses to more opportunities and supporting start-ups to achieve their ambitions. We are delighted to be the sponsor of the STARS programme, which aims to promote collaboration between start-ups and industrialists in Hong Kong, encouraging them to embrace opportunities that arise from technological transformation. We believe the programme will bring new developments and contribute to the sustainable development of the toys and electronic manufacturing industries in Hong Kong.”