Intellectual Property Innovation and Entrepreneurship Contest: Hong Kong Chapter

By Khadija Azhar

November 6, 2019
Cyberport, Hong Kong

The Intellectual Property Innovation and Entrepreneurship Contest (IPIEC) brought Cyberport’s flagship Venture Capital Forum to a close in November, with its Hong Kong chapter featuring ten promising startups shortlisted from 94 applicants.

Organized by the China Centre for Promotion of SME Development, the Office of the Government Chief Information Officer, and co-organized by WTOIP, Cyberport and the Angel Investment Foundation, the event was held as a regional qualifier for the IPIEC Global contest, which facilitates collaborative innovation across industries and supports promising entrepreneurs looking for investment. 

The participants, including Cyberport’s incubatees VAR Live, Artro Digital Ltd., and, battled for a chance to compete at the IPIEC Global semi-final in Guangzhou, where finalists will be selected from the 28 regional winners to vie for the US$100,000 cash prize. 

Participants at the Hong Kong chapter were required to answer a round of questions at the end of their six-minute pitch, with the adjudicating panel comprising 12 judges. Using potential market growth, IP protection measures, team background, and business model feasibility as judging criteria, the jury chose Light Innovation Technology Ltd. as the winner and their light-sheet microscope.

Antro Digital Ltd. was named the first runner-up for its suspended 3D imaging technology, and Cellomics International Ltd. was named second runner-up for its liquid biopsy technology. The seven remaining teams were given merit awards for their participation.

The winner and first runner-up will head to China in December for the semi-final. Keeping the contest’s aims in mind, the event’s organizing committee has also collected intentional investment of around HK$80 million from chambers of commerce to maximize collaboration opportunities between corporates and the participating teams. 

Co-founder of Artro Digital Ltd., Wiva Wei cited “valuable feedback from the audience and judges” as a crucial benefit of events like the IPIEC, explaining that they help entrepreneurs see “whether we’re daydreaming or actually adding value to society.”


Share on facebook
Share on twitter
Share on linkedin
Share on email


Can AI Help You Flirt Better

Can AI Help You Flirt Better?

“Excuse me, but I think you dropped something: my jaw.” This is the pick-up line the famous artificial intelligence (AI) chatbot ChatGPT dished out when we asked for some viable options. Not the most original, sure, but not bad for a trained algorithm.

4 Popular Companies Offering the Best Vacation Policies

4 Popular Companies Offering the Best Vacation Policies

The work-life balance is becoming increasingly important to many employees, and a comprehensive and generous vacation policy plays a crucial role in achieving this balance. Vacation time gives employees the chance to recharge, pursue personal interests and reap numerous benefits, such as increased job satisfaction, reduced stress and improved overall well-being

Is Using AI for Academic Writing Cheating?

Is Using AI for Academic Writing Cheating?

From films written and directed by ChatGPT to Kindle authors writing books with artificial intelligence (AI), we are seeing more and more reportage on AI writing tools these days. While writing with an AI may seem harmless and possibly helps improve work efficiency, the use of these tools in the sphere of academic writing has generated serious concern. Teachers are worried that the use of AI writing tools is equivalent to plagiarism or cheating.

7 Creative Ways to Reward Employees without a Salary Raise

7 Creative Ways to Reward Employees without a Salary Raise

Giving your employees a raise is a significant way to show your employees that you value their work and compensate them appropriately for their contributions. Failing to acknowledge the work of your employees can be ‌costly for startups. A OnePoll survey of 2,000 workers found that almost half of ‌American workers (46%) have quit a job due to feeling unrecognized