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PolyU Partners to Nurture Innovation and Entrepreneurship

Image Credits: PolyU, Press Release

The Hong Kong Polytechnic University (PolyU) and a Hong Kong-based foundation recently signed a Memorandum of Understanding (MoU) that aims to foster the development of Hong Kong’s innovation and technology (I&T) ecosystem, cultivate student- and researcher-led innovation and entrepreneurship, facilitate Hong Kong’s integration into the Greater Bay Area (GBA) and support the implementation of the National 14th Five-Year Plan that seeks to actively transform Hong Kong into an international I&T hub.

The partnership merges the advantages and resources of both institutions. Through the Hong Kong InnoX Academy, a non-profit educational institution wholly owned by the Foundation, the parties will collaborate in I&T education, incubation and investment funding. The partnership will also provide young I&T entrepreneurs with all-around support and assistance through regular activities such as entrepreneur workshops, company visits, seminars and mentorship schemes.

PolyU is one of the first Hong Kong universities to create a seed funding programme. In 2011, the University introduced the PolyU Micro Fund Programme to instil an innovative and entrepreneurial atmosphere within the PolyU community. The University strives to inspire new ideas among students and translate academic research into practical applications through knowledge transfer and technology commercialisation for the benefit of society.

The Foundation shares a vision with PolyU in terms of driving an innovative and entrepreneurial ethos. The Foundation is devoted to reinforcing Hong Kong’s I&T ecosystem in the digital era by supporting young I&T talents and entrepreneurs; promoting I&T development in the GBA; encouraging young people to seek innovation and entrepreneurial opportunities in the Nation, overseas and in Hong Kong; and assisting young I&T entrepreneurs in their I&T journey by offering appropriate platforms.

The MoU was signed by the Executive Vice President of PolyU and the Vice-president of the Foundation’s owner, the Executive Director of the Foundation and the Project Lead of Hong Kong InnoX Academy at the signing ceremony.

The Executive Vice President of PolyU stated that with support from the Nation and the strong promotion of the HKSAR government, Hong Kong’s I&T industry has entered a new stage of development. PolyU has been dedicated to nurturing I&T talents, and this adheres to the same philosophy and vision of the Foundation.

The two parties have been closely collaborating in multiple areas, such as the FYP+ (Final Year Project+) to support students in turning their graduation projects into entrepreneurial projects, the InnoX Camp to groom scientific and technological talents, and joint investments in PolyU start-ups.

The signing of the MoU means that the parties will combine their expertise in promoting I&T to nurture more talents, optimise the I&T ecosystem in Hong Kong and the GBA, and create better opportunities for the younger generation, she said.

The Project Lead of Hong Kong InnoX Academy stated that the Foundation has been serving the creative community in Hong Kong and the GBA on a non-profit basis and has directly supported over 240 innovative projects in the past six years.

The signing of the MoU with PolyU has built a solid foundation for cooperation and helped to explore more ways to collaborate. Looking ahead, the Foundation aims to provide more career options for university students and young people via the collaboration of both parties. This is expected to help Hong Kong to become a global innovation and technology hub.

The parties will continue to promote innovation and entrepreneurship among students and researchers and support them in realising their full potential and entrepreneurial dreams. They will foster the translation of academic research into real-life applications to benefit society through I&T.

The two parties also hope to contribute to Hong Kong’s transformation into an international I&T hub and support the city’s integration into the GBA and the Nation’s development, helping to open a new chapter for Hong Kong’s I&T development.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com