For Hong Kong’s innovators, the path to success begins with solving a common problem
- The first step towards becoming a successful innovator is identifying a community issue that needs new solutions, local experts say
- Hong Kong’s City I&T Grand Challenge offers the opportunity to develop innovative ideas that address challenges arising from the Covid-19 pandemic
[Sponsored article]
With the Covid-19 pandemic creating new changes and challenges in daily life, it has become essential to find innovative solutions to help everyone live in a more connected, efficient and sustainable way. Hong Kong is a prime place in which to seek those ideas.
Home to more than 3,360 start-ups, the city is known as a regional innovation and technology (I&T) hub thanks to its strong research capabilities, abundance of talent and business-friendly policies.
Its advantages do not end there. The Hong Kong government has identified I&T as a key future economic driver and allocated more than HK$100 billion (US$12.86 billion) to the sector in recent years. The city is also in a prime position to capitalise on the opportunities arising from the Greater Bay Area, an economically vibrant area spanning nine mainland cities, Hong Kong and Macau.
The competition also aims to enhance Hong Kong’s innovative culture by providing a series of workshops and seminars to promote technological innovation and entrepreneurial spirit in the city.