Technology Business Incubation Programme
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- Martin Parsons
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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. 1
2 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. 2
3 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. Pharmaceutical Precision Engg. Chinese Medicine Electronics Diagnostic Green Tech. etc. Incu. Period 3 years 4 years Support Office Premises Wet Lab Premises Technical Support Facilities Technical and Management Assistance Management and Technical Training Promotion and Development Assistance Financial Aid HKD 645K HKD 860K Package 3
4 Industry Clusters Incu. Period Support Financial Aid Package Mobile and Web application Smartphone Apps Web apps Games 1.5 years Open Office Premises Technical and Management Assistance Management and Technical Training Promotion and Development Assistance HKD 300K All Rounded Services Office Premises Technical & Management Assistance Management & Technical Training Promotion & Development Assistance Technical Facilities and Support Aid Package 4
5 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 Year 1 Year 2 Year 3 Year 4 (Office) Rental/ sq. ft. Mgt Fee/ sq. ft HK$0 (first 800 sq. ft.) HK$7.2 HK$2.8 HK$7.2 HK$2.8 N/A (Wet Lab) Rental/ sq. ft. Mgt Fee/ sq. ft HK$0 (first 800 sq. ft.) HK$7.9 HK$5.3 HK$7.9 HK$5.3 HK$7.9 HK$5.3 (Open -office) License Fee/ sq. ft. (inclusive of rental and mgt fee) HK$0 (first two workstations) HK$3000/ workstation thereafter HK$0 for month (first two workstations) HK$3000/worksta tion thereafter N/A N/A 5
6 Office Premises Reception Area Furnished Office Office of current incubatee Pantry & Networking Area Meeting Room Wet Lab Premises Biotech SME Centre Shared Equipment Lab Biotech SME Unit Culture Room 6
7 Incu-App Center (sample) Source: Source: 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 7
8 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 8
9 Promotion & Development Assistance Assist in organization and the logistics Product Launch Press Conference Press Interview Exhibition (Overseas & Local) Science Park Promotion & Development Assistance Networking Events Seminars, Cocktails Building relationship with industrial & academic professionals, and other incubatees 9
10 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 10
11 Technical Facilities and Support Science Park Phase I & II Biotech Centre I & II Photonics Centre Wireless Centre IC Development Centre Solar Energy Technology Support Centre IC Development Centre Focuses on IC design and electronic system engineering 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 Probe and Test Lab - Test Development Engineering Service - Engineering Test Service - Characterization Test Service - Wafer Probe Service - Automatic Test Equipment - Low Volume Production Service 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 11
12 Wireless Communications Test Lab Provides support to G pre-conformance test, digital video broadcasting, wireless LAN, WiFi & WiMax testings 3GPP 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 12
13 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 13
14 Biotechnology Laboratory Provides support to biotechnology industry Steam 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 Centre Photovoltaic Lab Solar Simulator UV/Vis/NIR Spectrometer Raman Microscope Spectroscopic Ellipsometer 14
15 Aid Package Subsidy for Incubatees I. Programme Duration 1.5 years 3 years 4 years II. Aid package subsidy: (HK$) (HK$) (HK$) Business Support Fund Technology Support Fund 300K 300K 300K 400K 400K Micro Fund N/A 45K 60K Sub-Total : 300K 645K 860K Admission Criteria Mandatory 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 offshore 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 15
16 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 Product Development HKSTPC Support Usage Increase in headcount Profit Etc. Month 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 16
17 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, 2. Write a business plan 3. 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 17
18 Admission Panel for Incu-Tech and Incu-Bio 1. Vice President, Finance & Corp Service, HKSTPC 2. Vice President, Business Development and Technology Support, HKSTPC 3. Vice President, Marketing & Sales, HKSTPC 4. 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 18
19 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
20 No. of Incubatees and their tech focus distribution from 03/04 to 11/12 (as of 15 Dec 2011) Green Technology Biotechnology / Others 100% Precision Engineering Electronics 80% IT & Telecommunica tions No. of Tech-based Incubatees 60% 40% 20% % Fiscal Year Summary Aim Benefit and Service Duration Application 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 20
21 Feel Free to Contact Us! Incubation Programme, Admission team, HKSTPC Tel: (852) Mail: Website: 21
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