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
- The applicant must be a company registered under the Companies Ordinance, usually within five years of the application date
- 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
- 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.
- 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.
- 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.
- 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
