Hong Kong’s latest B2B tech accelerator and co-working space Blueprint, designed by Swire Properties, has welcomed its first batch of startups. It claims to be the city’s first startup programme initiated by a commercial developer.
The 11 startups (see end for list) were chosen from over 150 applicants and range from e-commerce to energy, to defect management and luggage tracking.
Swire Properties is not charging the startups and does not require equity in return. Meanwhile, they will receive ‘six months of free work space, mentorship support, connections to capital and market testing opportunities to accelerate their business’.
“Over the past several years, the startup scene in Hong Kong has gained huge momentum,” Guy Bradley, CEO, Swire Properties said in a statement.
“As a core member of the business community, we’re happy to support these startups with our resources, be it a place to work, a contact to capital, encouragement and advice to keep them on track and motivated,” he added.
Blueprint has partnered with Seedcamp, a pre-seed and seed investment fund and mentoring programme in Europe. Regular workshops will be led at Blueprint by Seedcamp Partner Carlos Espinal.
Mentors from Uber, Tesla Motors, Rackspace and Lenovo will provide ‘provide invaluable technical and business advice’. Over 70 executives and entrepreneurs from Hong Kong are also involved.
The accelerator workspace is 10,000 square feet. An additional co-working space of the same size is available to startups at a monthly individual membership of HK$2,000 (US$260).
“It also incorporates recycled furniture collected from other Swire companies, including a discarded Hong Kong United Dockyards’ shipping container which now serves as a casual meeting room. Retired Cathay Pacific seating provides a comfortable recline for users in the cafe area,” Blueprint said in a release.
The 11 accelerated startups are as follows: Blue Sky Energy Technology, Launchpilots, Optica, SnagR, Locate, Brand Pit, Variab.ly, Easyship, JOBDOH, TofuPay, and actiMirror.
Check out the photos below for a better idea of the space.
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