Hong Kong creates team to help startups 

HongKong

Invest Hong Kong (InvestHK), the Department established by the Government to attract foreign direct investment and support overseas and Mainland businesses set up or expand in Hong Kong, has announced that it has set up a dedicated team to assist startups.

The Director-General of Investment Promotion, Simon Galpin, said: “The setting up of the new startup team marks a milestone for InvestHK in its outreach to founders and the local and overseas startup communities. I am hoping that the startup team will further embed Hong Kong’s position as a leading destination and hub for startups and attract entrepreneurs and founders to set up their businesses in the city.”

The new team comprises two executives with extensive links and experience in the local and overseas startup communities. They will establish strong networks with key startup community stakeholders in Hong Kong and help connect budding entrepreneurs with InvestHK’s sector and overseas teams.

“The intention is to leverage the Department’s existing strengths and resources [for multinationals] to assist startups and help Hong Kong’s startup communities to continue thriving,” Galpin added.

In the first half of this year, the Department helped 39 startups to set up in Hong Kong.

 

Source: lowtax- Hong Kong creates team to help startups

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