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The first batch of local start-ups to receive investment funding under the HK Tech 300 Angel Fund from CityU has been announced on 26 April 2022. Altogether 49 start-ups specialising in bio and health technology, deep tech, information technology and artificial intelligence (AI), fintech and other areas have been selected to receive up to HK$1 million each.
CityU and the Hong Kong Applied Science and Technology Research Institute have signed a Memorandum of Understanding, deepening their collaboration to develop new research projects by integrating their research and development capabilities and intellectual property.
CityU has performed outstandingly in the 2013 National Natural Science Fund competition, securing grants for 30 projects totaling about HK$20 million.
New agreement promises exciting research collaborations through the CityU Chengdu Research Institute.