On October 16, 2017, HKSTP, HSBC and HKBAN join hands to launch SPRINTER, a two-year program aimed at energizing the local innovation and technology ecosystem to support Hong Kong’s bid to become a regional technology hub.
Organized by HKSTP, sponsored by HSBC and co-organized by HKBAN, SPRINTER is divided into two tracks: Entrepreneur Track and Business Angel Track. The Entrepreneur Track has two cohorts and will equip at least 120 technology companies with business knowhow. Ten selected companies from each cohort will enter the second stage, which focuses on supporting companies for business expansion and fund-raising over a seven-month period. The Business Angel Track targets to enhance the capabilities and practical knowledge of angel investors and individuals who aspire to become angel investors through knowledge exchange activities. Participants will not only receive knowledge of the venture investment environment in Hong Kong, and how best to navigate it and make the correct investment decisions, but will also be connected with various stakeholders.