Hong Kong Ups Support To Start-Ups As Government Increase Capital Allocation To Tech Firms

Hong Kong government has significantly increased policy support to start-ups, as the city continues its effort to turn itself into an innovation-led economy. “Hong Kong is serious in promoting its technology innovation,” said Carrie Lam Cheng Yuet-ngor, chief executive of Hong Kong at the Greater Bay Area Innovation and Technology Talent Development Forum yesterday at the Hong Kong Science Park. "Within three months, the government has allocated HK$30 billion (US$3.82 billion) to implement policies supporting local gifted start-ups. This is …

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