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HKSTP Partners to Launch New Cohort of SPRINTER 2

Hong Kong Science and Technology Parks Corporation (HKSTP) and one of the largest banking and financial services institutions in the world (the bank) continued their strategic partnership in the SPRINTER 2 programme, launching a new cohort that focuses on accelerating innovation among small businesses and mid-cap corporates in Hong Kong’s logistics, buildings and related services.

This comes at a time when Hong Kong’s logistics and buildings sectors face new opportunities in the transition to more sustainable business practices, supporting the smart city drive in Hong Kong and rapid developments in the Greater Bay Area (GBA). Companies invited to apply include those in freight, transportation, construction, real estate and property management.

The three-stage programme, which lasts for a year, comprises a process of discovery where corporates will have the opportunities to receive training and upskilling, match with tech ventures, and co-create tailored business solutions with tech ventures. At the end of the programme, corporates will be better placed to leverage innovation and technology (I&T) to enhance competitiveness and capture new growth opportunities.

The Chief Financial Officer of HKSTP stated that as the Hong Kong economy gears up for growth, new opportunities are emerging particularly in the GBA. The urban development sector is in a prime position to harness technology to capitalise on the region’s potentials and drive smart city development.

The Par has been collaborating closely with the bank to give thriving corporates a headstart to revitalise their businesses. SPRINTER 2 will provide them with the skills, connections and tools they need to succeed.

The Head of Business Banking, Commercial Banking of the Hong Kong arm of the bank stated that sustainability and innovation have become a key agenda for businesses of all sizes in Hong Kong. SPRINTER 2 is a comprehensive programme that empowers more companies, in particular SMEs, with the necessary knowledge and skills in sustainably transforming their operation.

As a connector for the business community, the bank is to deepen its collaboration with its long-term partner, HKSTP, in helping more sectors in Hong Kong work towards a more resilient future through the new cohort.

The announcement builds upon the success of SPRINTER 2’s first cohort, which brought more than 50 manufacturing SMEs in Hong Kong together with tech start-ups to accelerate innovation in a traditional sector. The first cohort, launched in September 2020, has completed the discovery, matching, and co-creation stages.

Bringing tech ventures and manufacturing partners together to inspire endless innovative ideas.

Over 20 international tech ventures from Hong Kong, Mainland China, Japan, Israel, Malaysia, Thailand and India, are selected to co-create the best-fit solutions with 10 of HKSTP’s manufacturing partners in Hong Kong, with a range of business across consumer electronics, toys, healthcare and food.

They will go through intensive training & mentorship, develop a proof-of-concept (POC) to test the viability, and showcase their custom-made solution in the Demo Day in Q3.

The pandemic has impacted all businesses, notably in traditional industries. Today, HKSTP and the bank are jointly extending innovation and digital transformation to the long-standing manufacturing industry. Innovation is vital to performance and resilience. The aim is to highlight and support the transformative solutions that participating tech ventures will bring to the industry.

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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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.

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 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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