Young Start-ups Flourish

HKTDC HONGKONG MEANS BUSINESS

The number of innovative start-ups in Hong Kong continues to grow as spirited entrepreneurs forge their own career paths.

According to a survey by Invest Hong Kong (InvestHK), a record 1,926 start-ups engaged in various tech sectors were operating at different co-working space, incubator or accelerator locations across Hong Kong in 2016.

Announcing the findings, Hong Kong Secretary for Commerce and Economic Development Gregory So said the synergy and growth evident in Hong Kong’s start-up ecosystem demonstrates that the city “has the community, resources and opportunities to turn great ideas into reality.”

Associate Director-General of Invest Hong Kong Charles Ng noted that more young graduates were pursuing entrepreneurship instead of seeking jobs at established firms, as the city welcomes entrepreneurship in technology and innovation.

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