A grand opening ceremony for the HKU Techno-Entrepreneurship Academy (TEA) in Shenzhen Qianhai was held recently.

This momentous occasion marks a significant milestone in the strategic cooperation agreement signed between University of Hong Kong (HKU) and the Qianhai Authority in 2022. The strategic initiative seeks to promote innovation, entrepreneurship, and technological advancement in the Greater Bay Area.

Located in the North District of the Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub, the Academy is designed to be a hub for aspiring entrepreneurs and technologists, providing them with the resources, mentorship, and support needed to transform innovative ideas into successful ventures.

The first batch of 11 startups in cutting-edge fields such as artificial intelligence, healthcare, new energy, and new materials will be based at the Academy. These ventures, founded by HKU professors, students, and alumni, were chosen through a rigorous selection process.

Entrepreneurship Engine Fund (EEF) will serve as a mother fund to channel capital into top early-stage investment institutions both domestically and internationally, investing in deep-tech ventures of HKU at the seed and early stages to drive the development of promising startups, while the HKU Super Angel Network seeks to unite and mobilise HKU alumni to back early-stage HKU startups.