Hong Kong technology startups are facing the problem in obtaining investment funding between seed and venture capital funding stages. This has been a result of the lack of organized business angel networks and funding to provide the “smart money”.
With this understanding, Hong Kong Science and Technology Parks Corporation (HKSTPC), HKVCA, CUHK, HKUST, HKU, and POLYU worked informally to form the Hong Kong Business Angel Network (HKBAN) in 2010. Angels were invited to join several Investment Matching Gatherings (IMGs) where entrepreneurs from the incubation programme of HKSTPC and universities presented their business plans.
The investment matching platform is open for HKSTPC incubatees and tenants, university start-ups and any start-ups that belong to a recognized Partner Organization which is qualified to conduct a preliminary screening on their investment readiness. IMGs have been held once every two months since March 2010.
Vision & Mission
We are dedicated to building a vibrant angel investment community in Hong Kong.
After more than a year’s informal operation, the Hong Kong Business Angel Network Limited has officially registered as a non-profit organization with the mission to foster angel investment in Hong Kong,