Hong Kong tech hub: where finance & manufacture turn into startups

Accelerators & Incubators, Community, Countries, Events, Government, Innovators, Investors: Angels & VCs, Markets, Startups

Celine

Celine

February 13, 2014

Hong Kong is better known for its financial expertise and culture of manufacturing than its startups. However, a generation of bored bankers and veterans of the factories are becoming the first generation of tech entrepreneurs in “Asia’s New York”. What is the position of Hong Kong as an innovation ecosystem? What are the links with […]

Hong Kong is better known for its financial expertise and culture of manufacturing than its startups. However, a generation of bored bankers and veterans of the factories are becoming the first generation of tech entrepreneurs in “Asia’s New York”. What is the position of Hong Kong as an innovation ecosystem? What are the links with mainland China and its tech giants?

We have been to Hong Kong in February, both to attend a open-hardware hackathon run by Protei, and to visit the local hackerspace and meet the three godfathers of the local tech scene.

In this report, you will find:

  • How three guys made possible the birth of an embryo of a startup scene back in 2008-2009
  • Why the two main expertise of Hong Kong, finance and manufacturing, are two assets when it comes to building startups
  • What to expect from Hong Kong recent attachment to China after decades of British rule