Accelerators, Startups and Entrepreneurs join hands to encourage collaboration across APEC
April 21, 2017 Hong Kong - Connector hosted the “APEC Startup Ecosystem Roundtable” at the International ICT Expo. Accelerators, startups and entrepreneurs from Hong Kong, Taiwan, Singapore and Macau shared their insights of innovation and entrepreneurship in their city, and discussed the differences, advantages and opportunities among these cities.
Recognising a significant growth of entrepreneurship in Asia has driven huge impact to the society. Connector line up including Mr. Jeffrey Ling, VP of Operations & Startup Development from Taiwan Startup Stadium; Mr. Antony Ma, Founder of Powerdata2go from Singapore; Mr. Nam Ng, Design and Production Director of Jump Innovative Ltd from Macau and Mr. SL Ho, President of Connector to the roundtable. Speakers not only shared their insights of innovation and entrepreneurship in their city; foreseeing the future of economy is driven by startups and entrepreneurs, the roundtable moderator Ms. Maggie Lau from Jumpstart Magazine led a discussion on the possibilities of getting connected to empower entrepreneurship across the region and generate new opportunities.
Government support is noteworthy
“In Taiwan, the new government designated high-tech parks and hubs, such as Hsinchu and Taipei are regarded as major hubs of innovation. There are also various government initiatives help startups go big and go global.” said Mr. Jeffrey Ling, VP of Operations & Startup Development from Taiwan Startup Stadium.
Inverse, SL Ho, President of Connector pointed out “Hong Kong Government thinks they are doing a lot to support startups and creativity, however they are all in hardware like setting up Science Park, Cyberport but lack of support in getting investment to these new business. There are lots of potential investors around but startups do not know how to get them."
Challenges among the cities
“With only two mainstream industry in Macau, casino or the government, the talent of the young generation had been destroyed. They have no creativity, and narrow vision.” said Nam Ng, Design and Production Director of Jump Innovative Ltd Macau.
In Singapore, startups facing problem in recruiting talents. ”Instead of competing with brands like Uber, Google in talent acquisition, we try to out sources part of our engineering work.” Antony Ma, Founder of Powerdata2go from Singapore.
To Compete or to Collaborate?
When it came to the conclusion, all speakers agreed that Asian cities should drive Collaborative Innovation, promote creative thinking with accelerators, startups and entrepreneurs. “Especially in such a small population city like Macau, it’s easy to be well known in the domestic market but critical to expand their market aboard.” said Nam. While Antony agreed the same situation in Singapore, he look forward to collaboration and see how both side will growth.
“Domestic market in Taiwan is too small, business growing slowly and make it less attractive to investors. Taiwan better collaborate with other Asian cities before the competitors comes” Jeffery said.
President of Connector, SL Ho said “Hong kong students are well trained to be a good sales, but not entrepreneurial mind. Connector will exert leverage on Accelerator, Startups and Entrepreneurs, getting connected to empower entrepreneurship across the region and generate new opportunities.”
“Connect the right resources to the right people”
Founded in 2017, Connector brings the right resources and talents together. We offer an open platform for startups, entrepreneurs and other passionate individuals without geographical and industry boundary. We encourage new ideas and new connections. We strive for strongly connected community for startups and entrepreneurs to thrive.