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In the venture capital industry, an enterprise is regarded as a "unicorn" if it has been established for less than 10 years, has a valuation exceeding US$1 billion, and has not yet been listed.

Memoranda of Understanding (MoUs) signed today (22 June 2022) between City University of Hong Kong (CityU) and three venture capital fund and technology companies will establish a co-investment partnership that will provide at least HK$15 million in additional angel fund investment each year to selected start-ups incubated by CityU's large-scale innovation and entrepreneurship programme,

City University of Hong Kong (CityU) announced in March 2021 the launch of the HK Tech 300 innovation and entrepreneurship programme, which is a large-scale HK$500 million flagship programme aspiring to be the best of its kind among universities in Asia.

How can Hong Kong stand out in the global competition for scientific research talent? According to the latest QS World University Rankings, several universities in Hong Kong are among the best in the international faculty and international students ratios, reflecting a high degree of internationalisation.

Fledgling entrepreneurs are eager to start their own ventures and break new ground as innovation and start-ups begin to show promise. To nurture tech talent and entrepreneurs, City University of Hong Kong (CityU) launched HK Tech 300