Financial Secretary Paul Chan Visits HKSTP Startup in Silicon Valley

(Hong Kong – 30 May 2024) - The Financial Secretary, Mr Paul Chan, visited five Hong Kong start-ups participating in HKSTP’s Startup Booster Programme during his West Coast tour of the United States. These ventures, currently engaged in training and expanding their markets in the region, provided Mr Chan with insights into their latest developments.

The Financial Secretary, Mr Paul Chan, said, "'These entrepreneurs have demonstrated the courage to think and experiment boldly with innovation, leveraging technology to overcome significant challenges and pain points, with some even founding multiple ventures. Their presence in the San Francisco Bay Area exemplifies the fruitful collaboration between the Greater Bay Area and the San Francisco Bay Area. Both regions demonstrate exceptional capabilities in innovation and technology, with vast potential for application and growth. Hong Kong is ideally positioned to act as a super connector, acting as an ideal bridge and platform to integrate talent, capital, and technology from both bays, thereby unlocking greater business prospects for all involved."

The five start-up ventures, partner companies of Science Park's incubation and acceleration programmes, include: Novelte Robotics, which specialises in developing intelligent robots; RaSpect, providing artificial intelligence (AI) solutions for smart cities and building inspections; GoGoChart, developers of an AI-powered digital advertising management platform; ÖKOSIX, manufacturers of biodegradable medical-grade materials; and HK Leadus Innovation, dedicated to the research and production of new vacuum insulated glazing building materials. The representatives of these companies showcased their latest product solutions and developments to the Financial Secretary and expressed their gratitude for his visit.

HKSTP has been actively leading local start-ups to explore global business opportunities. This year, it launched the first Startup Booster Programme. At the beginning of this month, five high-potential Hong Kong start-ups were selected for training and business development in Silicon Valley. Over its six-month duration, the programme collaborates with the global innovation platform Plug and Play, various investors and partners, providing comprehensive training and tailored business development support. The initiative aims to enable these start-ups to penetrate not only the North American market but also other international markets, while actively seeking investors and strategic partners.

Photo 1: Mr Paul Chan, the Financial Secretary (centre), accompanied by Mr Aldous Mak, Chief Financial Officer of HKSTP (fourth from left), visited five start-ups participating in HKSTP's Startup Booster Programme during his West Coast tour of the United States. These start-ups, currently engaged in training and market expansion activities, allowed Mr Chan to better understand their latest product solutions and developments.
Pictured with Mr Chan are: Mr Albert Lam, Co-founder and CMO, Novelte Robotics Limited (second from left); Mr Tony Ip, Co-founder, RaSpect (third from left); Mr Daniel Lo, Founder and CEO, GoGoChart (fourth from right); Mr Eddie Yu, Co-founder and CEO, ÖKOSIX (third from right); Dr Aotian Song, Founder and Chairman of HK Leadus Innovation (second from right); and Jacko Tsang, Director of Hong Kong Economic and Trade Office in San Francisco (first from right).