HK Tech 300 Angel Fund

Funding

  • Each eligible start-up may receive up to HK$1 million from the angel fund
  • CityU or its nominee will hold a stake in the eligible start-up and will not sit on the board

Eligibility

  1. The applicant must be a company registered under the Companies Ordinance, usually within five years of the application date
  1. The founding team must include a person who, at the time of application,linked to CityUmade up of the persons in charge:

(a) CityU students;

(b) CityU researchers;

(c) CityU alumni who graduated in the normal way within eight years before the application date; or

(d) the public uses CityU intellectual property and/or technology in the start-up

  1. The PIC oversees the company and is its contact. He or she should hold a meaningful ownership stake and take an active part in the company, for example by holding shares and playing an important role.
  1. For the avoidance of doubt, shareholders and team members may not also hold a role in another start-up that is at the same time an active HK Tech 300 angel investment.
  1. Eligible applicants who are shortlisted and recommended by the selection committee will be invited to apply for the 2025–26 Technology Start-up Support Scheme for Universities.
  1. Teams that miss the shortlist for two cohorts in a row are encouraged to pause for at least one cohort and return with a clear improvement

Application deadline

Round 12 opened on 6 November 2024 and closed at 12:00 on 27 November 2024