IT Information On-line – Chinachem Group Groups Up with HKSTP to Speed up Sensible Metropolis, Startup Improvement and Pilot-first Know-how Adoption in Hong Kong

Devoted programmes to shorten the innovation to commercialisation hole, and convey Hong Kong’s cutting-edge expertise nearer to the neighborhood


HONG KONG SAR – Media OutReach – 29 March 2021 – Chinachem Group (the Group) and Hong Kong Science and Know-how Parks Company (HKSTP) in the present day introduced the launch of two devoted programmes to help startups within the good metropolis house and drive Hong Kong’s cutting-edge innovation.

Chinachem Group Government Director and CEO Donald Choi (third left); Hong Kong Science and Know-how Parks Company CEO Albert Wong (third left); Belun Know-how CEO Dr Lydia Leung (2nd left); Zeek Co-founder & CSO Vincent Fan (2nd proper) ; Chinachem Group Director of Digital Transformation Damien Wu (1 st left); and Hong Kong Science and Know-how Parks Company Head of Strategic Partnership Peter Mok (1 st proper), take group photograph.

This partnership between the Group and HKSTP, contains two revolutionary initiatives designed to nurture property and retail startups, in addition to cut back the hole between innovation and market deployment.

Donald Choi, Government Director and CEO, Chinachem Group, stated, “Know-how is a core driver in our enterprise and for the property trade. We’re dedicated to not solely harnessing it to profit our enterprise, however to additionally contributing to Hong Kong’s thriving innovation and expertise ecosystem. We look ahead to collaborating with HKSTP to create a virtuous cycle of collaboration, innovation and commercialisation within the property sector.”

Albert Wong, CEO, HKSTP, stated “With Hong Kong being an evolving city atmosphere, it is necessary we nurture improvements that help its sustainable development. This partnership with Chinachem Group is critical because it removes one of many greatest boundaries startups face, which is the hole between innovation and commercialisation. This programme reduces the time to market via our confirmed startup accelerator framework, along with Chinachem Group’s sector-specific experience and properties for pilot testing.”

The primary initiative underneath this partnership is the “CCG Accel – Powered by HKSTP” programme, which might be a pioneering pilot-first accelerator programme aiming to propel excessive potential startups via a pilot-to-mass adoption course of. The programme incorporates a sequence of three themed accelerator cohorts run by each the Group and HKSTP. Every cohort could have a unique theme and supply in depth coaching, mentorship and help for as much as 10 shortlisted startups. Along with monetary contribution, the Group will supply its expertise to assist these startups form their options and trial their options at designated properties previous to common adoption. Startups can even profit from promotion via HKSTP’s community and its value-added companies. The primary cohort will start by Q3 2021. Additional particulars of the cohorts together with the themes might be introduced in the end.

The second initiative is the “Inno Place @CCG” programme which pioneers a “Residing Lab” idea that breaks away from conventional innovation labs the place the testing of options is restricted to a set bodily lab house. The programme will see the opening up of Chinachem’s community of properties as “Innovation Locations” the place chosen improvements are trialed, beginning with NINA MALL in Tsuen Wan. This real-world atmosphere will enable startups to pilot and refine their options, whereas customers can instantly profit from them.

Profitable improvements from the 2 programmes could also be additional adopted or invested in by the Group. In the meantime, HKSTP will present its experience and data in innovation and expertise commercialisation. This contains offering help in expertise resolution sourcing, validation, internet hosting small scale proof-of-concept pilots, in addition to figuring out co-investment alternatives with HKSTP and its funding companions.

This builds upon current expertise by innovators from the Science Park which have already been adopted by Chinachem Group in its properties. These embrace Titanology, innovator of a self-sanitising door deal with; Enertainer, a high-capacity battery system providing a cleaner and quieter different to diesel mills generally used on building websites; and ACX, a developer of safe constructing entry options.

The Group and HKSTP additionally share a imaginative and prescient to foster the expansion of Sensible Metropolis, bringing expertise innovated, designed and made in Hong Kong, nearer to the neighborhood at designated Chinachem Group properties. This features a showroom to function the good metropolis idea, in addition to a spot to host expertise talks, hackathons, and product launches.

About Chinachem Group

Since 1960, Chinachem Group has been a number one property developer in Hong Kong, with a portfolio masking residential, business, retail and industrial buildings for gross sales and funding, along with working inns and property administration companies. The Group actively seeks to make a optimistic contribution to society via its adherence to the “Triple Backside Line”, a dedication that its actions will profit Folks, convey Prosperity to the neighborhood and protect the Planet.

About Hong Kong Science and Know-how Parks Company

Comprising Science Park, InnoCentre and Industrial Estates, Hong Kong Science & Know-how Parks Company (HKSTP) is a statutory physique devoted to constructing a vibrant innovation and expertise ecosystem to attach stakeholders, nurture expertise abilities, facilitate collaboration, and catalyse improvements to ship social and financial advantages to Hong Kong and the area.

Established in Might 2001, HKSTP has been driving the event of Hong Kong right into a regional hub for innovation and development in a number of centered clusters together with Electronics, Info & Communications Know-how, Inexperienced Know-how, Biomedical Know-how, Supplies and Precision Engineering. We allow science and expertise firms to nurture concepts, innovate and develop, supported by our R&D services, infrastructure, and market-led laboratories and technical centres with skilled help companies. We additionally supply worth added companies and complete incubation programmes for expertise start-ups to speed up their development.

Know-how companies profit from our specialised companies and infrastructure at Science Park for utilized analysis and product improvement; enterprises can discover inventive design help at InnoCentre; whereas skill-intensive companies are served by our three industrial estates at Tai Po, Tseung Kwan O and Yuen Lengthy. Extra details about HKSTP is on the market at

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