Simon Chan, Chairman of Cyberport, stated in his welcoming speech: “The Policy Address delivered last week outlined plans for increased investment and guide more market capital initiatives, including the establishment of a HK$10 billion I&T Industry-Oriented Fund and the launch of the I&T Accelerator Pilot Scheme.
These initiatives aim to enhance investment in the I&T sector and accelerate its overall development. As Hong Kong’s digital technology flagship and incubator for entrepreneurship, Cyberport will continue to align with the strategies of the HKSAR Government. Through international events likes the CVCF, we aim to further leverage Hong Kong’s unique role under the Belt and Road Initiative, fostering cross-border collaboration and supporting start-ups in exploring business opportunities in the Greater China, ASEAN and Middle East regions.”
During the Forum, Cyberport announced the signing of a Memorandum of Understanding with Draper Dragon to jointly establish the “Cyberport x Draper Dragon Web3.0 Accelerator Programme”. By integrating Draper Dragon’s Silicon Valley incubation experience with Cyberport’s thriving Web3.0 ecosystem, the collaboration aims to accelerate industry development across talent cultivation, project incubation, and investment, connecting Silicon Valley and Hong Kong’s related industries. Draper Dragon will also select suitable projects from Cyberport start-ups that completed the Accelerator Programme to invest in, enhancing innovation efficiency and aligning Hong Kong Web3.0 innovation with international standards. The agreement signing was witnessed by Simon Chan, Chairman of Cyberport, and Larry Li, Managing Partner of Draper Dragon. It was signed by Ir Eric Chan, Chief Public Mission Officer of Cyberport, and Richard Wang, Partner of Draper Dragon.
