Students Showcase FinTech Ideas at Cyberport University Partnership Programme Demo Day 2016

Hong Kong – 27 October 2016 – Riding on the success of the pilot launch last year, Hong Kong Cyberport Management Company Limited (Cyberport) organised the Cyberport University Partnership Programme (CUPP) 2016.  Strengthening the programme’s goal of building future entrepreneurs, 20 teams of 65 students from six universities celebrated the finish line by showcasing their promising FinTech ideas, through leveraging the use of blockchain technology, gamification and more, to a panel of judges consisting of industry leaders and experts at Demo Day today.  Ten winning teams will each be awarded a cash grant of HK$100,000 and a fast-track interview opportunity to the Cyberport Incubation Programme.
 

The CUPP 2016 Demo Day was kicked off with welcoming remarks by Dr Lee George Lam, Chairman of Cyberport, followed by a speech by Mr Nicholas Yang, JP, Secretary for Innovation and Technology, HKSAR Government, who spoke on Hong Kong’s potential in FinTech innovation and technology (placeholder – to update based on his speech).

 

“With our commitment in inspiring the next generation, Cyberport University Partnership Programme (CUPP) prides on a holistic structure that nurtures and shapes students as future entrepreneurs.  With the Demo Day as a major milestone, the various FinTech ideas showcased are a testament to Cyberport further accelerating their developments beyond the essential skills and knowledge acquired, said Mr Herman Lam, CEO of Cyberport.  “Having witnessed the ongoing growth and success of last year’s CUPP winners who have since made their marks in the FinTech arena, we are excited to see how 2016’s dynamic mix of CUPP teams will continue bringing their innovations to life.”

 

Twenty CUPPP teams pitched their FinTech ideas to the judging panel including:

  • Dr Edwin Lee, Director of Cyberport
  • Professor Joseph D. Piotroski, Associate Professor of Accounting of Stanford GSB and Faculty Director of Stanford IGNITE Program in Beijing
  • Mr Alex Kong, Founder and CEO of TNG (Asia) Limited
  • Michael Leung, Chief Information and Operations Officer, CITIC Bank International
  • Angus Choi, CEO, JETCO Hong Kong

Cyberport appreciates the support from different partners on CUPP 2016, including:

University Partners:

  • City University of Hong Kong
  • Hong Kong Baptist University
  • The Chinese University of Hong Kong
  • The Hong Kong Polytechnic University
  • The Hong Kong University of Science and Technology
  • The University of Hong Kong

 

Industry Partners:

  • Hong Kong Association of Online Brokers Limited
  • Hong Kong Computer Society FinTech Special Interest Group
  • The Hong Kong Institute of Bankers

 

Mentorship Scheme Partners:

  • Ernst and Young
  • KPMG
  • PricewaterhouseCoopers

For high-resolution press photos, please visit here.

Cyberport University Partnership Programme (CUPP) details: http://cupp.cyberport.hk

 

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About Cyberport University Partnership Programme 2016 (CUPP 2016)

Cyberport University Partnership Programme 2016 is a comprehensive programme consisting of a six-week pre-camp training session, a one-week entrepreneurship boot camp at the Stanford Graduate School of Business (Stanford GSB) in the U.S. and on-going mentorship.  Combined with the opportunity of attending a variety of key courses encompassing business, legal and FinTech fields, the multi-faceted programme empowers students to boost their developments of FinTech ideas while establishing stronger bonds with CUPP mentors from the industry through their guidance and imparted knowledge.  In line with Cyberport’s public mission of inspiring the next generation, students participated in the entrepreneurship boot camp at Stanford GSB along with stop-overs at diverse leading technology companies such as Microsoft’s Silicon Valley campus, Google and accelerators like 500 Startups and Plug-and-Play.  Creating a synergy to drive the next wave of successful start-ups, the programme also covered a broad range of topics, including FinTech business strategies, communications and pitching skills in the financial industry, venture and angel investment funds, as well as blockchain technology.

 

About Cyberport

Cyberport is a creative digital community with close to 800 community members.  It is managed by Hong Kong Cyberport Management Company Limited which is wholly owned by the Hong Kong SAR Government.  With a vision to build a legacy of entrepreneurial excellence that establishes Cyberport as a leading global innovation and technology hub, Cyberport is committed to facilitating the local economy by nurturing digital industry start-ups and entrepreneurs, driving collaboration to pool resources and create business opportunities, and accelerating digital adoption through strategic initiatives and partnerships.  Equipped with an array of state-of-the-art tech facilities and a cutting-edge broadband network, the Cyberport community is home to four grade-A intelligent office buildings, a five-star design hotel, and a retail entertainment complex.

 

For more information, please visit www.cyberport.hk or follow us on Twitter @cyberport_hk

 

For press enquiries, please contact:

The Hoffman Agency

Jasmine Shek

Tel.: (852) 2231 8111

Email: jshek@hoffman.com

 

Lorraine Wong

Tel.: (852) 2231 8107

Email: lwong@hoffman.com

 

 

Hong Kong Cyberport Management Company Limited

Karen Wu

Tel: (852) 3166 3819

Email: karenwu@cyberport.hk

 

 

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