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Cyberport marks two decades of incubating innovators and spearheading Hong Kong’s I&T progression

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Cyberport recently celebrated its 20th anniversary by reflecting on its remarkable milestones and a commitment to new breakthroughs.

 

The event, held at the CyberArena, was attended by Professor Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government; Simon Chan, Chairman of Cyberport; Peter Yan, CEO of Cyberport; along with a distinguished assembly of current and former board members of Cyberport and representatives from various sectors.

Reflecting on Cyberport’s twenty years of driving Hong Kong’s ICT development, Professor Sun remarked, “With a relatively small footprint yet exhibiting an exceptionally high degree of efficiency and energy, Cyberport’s achievement as the ICT flagship in Hong Kong is hardly a small thing. Many of Cyberport’s accomplishments as a melting pot of ICT talent and entrepreneurs are attributable to the start-ups that began their adventure at Cyberport with a big idea at a small table. Financial support aside, Cyberport grows together with the start-ups on this platform where people brew their business ideas in their co-working space, leverage the extensive network of experts and investors, and immerse themselves in the supportive culture.”

 

He added that with Cyberport’s new expansion block due to be completed in the next two years and the Artificial Intelligence Supercomputing Centre coming into operation starting in 2024, a great deal more excitement will unfold at Cyberport in the years to come.

 

Cyberport now boasts more than 2,000 companies in its community, including seven unicorns and a plethora of industry- and world-leading companies. Over the years, community start-ups have raised an impressive HK$37.5 billion in total funding.

 

Simon Chan expressed his gratitude towards the HKSAR Government and various stakeholders for their unwavering support, contributing to high-quality development of society and industry with innovative power. “Going forward, Cyberport will continue to work closely with different sectors to promote innovation and entrepreneurship, complement the HKSAR Government to take the I&T Development Blueprint forward and steer digital economy and smart city development. We will also support the development and expansion of start-ups to Mainland and overseas markets, while attracting global talent, enterprises, and innovation resources to bolster Hong Kong’s development into an international I&T hub. Together, we will progress into greater prosperity and innovation for 20 years to come.”

 

The event also celebrated the graduation of 204 start-ups from the Cyberport Incubation Programme and Cyberport Creative Micro Fund, demonstrating the continuous growth and evolution of Cyberport’s and Hong Kong’s I&T ecosystem.  Following the ceremony, Professor Sun and Cyberport representatives visited the Cyberport community company booths and exchanged with the Cyberport innovators.

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