February 29, 2024

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HKSTP and CUHK to Nurture Tech Talent

Image Credits: HKSTP, Press Release

Hong Kong Science and Technology Parks Corporation (HKSTP) and The Chinese University of Hong Kong (CUHK) have signed a strategic memorandum of understanding (MoU) to develop a series of programmes to incubate and accelerate the development of innovation and technology (I&T) talent and high-potential tech start-ups.

The partnership will help start-ups maximise growth opportunities in the GBA as the region grows into a world-leading innovation hub. HKSTP is embarking on an extensive series of strategic incubation partnerships with sector leaders to drive talent and technology cooperation across the GBA.

Under the framework stipulated in this latest MoU, CUHK and HKSTP will work closely on talent development programmes to nurture CUHK students to be I&T talents in HK through new initiatives on education, practicum, internship.

CUHK and HKSTP will also collaborate to facilitate technology transfer, corporate innovation and startup development in Shenzhen and the GBA, accelerating translation and commercialisation of research. Both parties will leverage their expertise to co-nurture innovation ideas and offer support such as grants, entrepreneurial training, coaching and mentorship during start-up ideation and pre-incubation stages.

The CEO at HKSTP stated that the Guangdong-Hong Kong-Macao Greater Bay Area is primed to realise its full potential as a global innovation powerhouse. HKSTP has been committed to maximising GBA growth opportunities for high-potential tech talent and early-stage start-ups. The next era of growth for Hong Kong and the region depends on developing the rich talent pool, entrepreneurs and budding innovation from leading institutions like CUHK.”

He added that with partnerships of this kind, HKSTP is taking incubation to a new level by forging strategic co-incubation with industry leaders across academia, government and industry to build a thriving cross-border I&T eco-system. This will further enhance the Park’s competitiveness in the region and Hong Kong’s status as a launchpad for talent and start-ups looking for international growth.

The Pro-Vice-Chancellor/Vice President of CUHK stated that the University is the first higher education institution in Hong Kong to promote and drive comprehensive university-industry-research collaboration in the Greater Bay Area. It has established a number of research and academic bases in the region, of which the InnoHub at CUHK Shenzhen Research Institute has incubated over 50 start-ups, enabling the translation of local research into tangible benefits.

CUHK and HKSTP have a close partnership, and the MoU signing echoes the innovation and technology development plan of our Nation, the Greater Bay Area and Hong Kong. Combining CUHK’s academic and research excellence with HKSTP’s advantages in the innovation industry will nurture more innovation and help establish the GBA as an international technological innovation and science centre.

HKSTP has strategically partnered with CUHK, one of the first universities in Hong Kong which establish a significant presence in the GBA. In 2006, CUHK established the first advanced technology research institute in China with Shenzhen Municipal People’s Government and the Chinese Academy of Sciences.

The CUHK Shenzhen Research Institute (SZRI) has been an important industry, academic and research base of CUHK in mainland China since its establishment in 2007. Complementing the national and Shenzhen Municipal’s development plan on technology, SZRI has focused on promoting the fields of biomedicine, information technology and sustainable development to support the scientific research development of CUHK.

Looking ahead, CUHK and HKSTP will focus on promoting the transformation of scientific research projects into commercially viable and impactful innovations. The joint programmes emerging from this MoU will exploit the GBA’s world-class innovation capabilities, resources and market opportunities, expediting I&T development in the region.

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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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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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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.

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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 business services provider. We help 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 3,000 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.

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