HK Cyberport to inject HK$100M in ICT next three years

18.12.2010
announced Wednesday a plan to invest HK$100 million in the local information and communications technology (ICT) industries in the next three years.

"We will especially place our focus on facilitating ICT start-ups and SMBs in Hong Kong to grow and take advantage of the growing market trend such as Web 3.0," said Paul Chow, Cyberport's recently-appointed chairman.

Cyberport's incubation program, dubbed IncuTrain Centre, now supports 122 incubatees, with 65 awards won by 31 incubatees, 91 IPs created, according to the company in a statement.