Page 254 - Are You Future Ready?

4.4
A public-private partnership

heats up the innotech

startup atmosphere

Hong Kong can successfully attract entrepreneurs from
overseas, and have excellent contact with countries
worldwide, according to the Global Startup Ecosystem

252 Report 2018 (“Startup Report”) released in July 2018 by
Startup Gernome, a consulting company.

Hong Kong scored well in "global connection", "market
reach of foreign customers" and "immigrant founders" in
the Startup Report. In fact, the number of startups in Hong
Kong in 2018 has doubled that in 2014 to more than 2,600,
with venture capital investment surging from HK$600

million in 2012 to over HK$15 billion in 2018.

This is a result of the effort from the government together

with public and private organisations like the Hong Kong