Hong Kong

Hong Kong is often described as one of Asia’s most dynamic startup ecosystems, with close to 3,000 startups launched. Startups in Hong Kong have access to various sources of funding and accelerators. The landscape for entrepreneurs and investors has been robust and ideal for those looking to launch businesses.

STARTUP ECOSYSTEM

Hong Kong’s startup ecosystem is thriving. The ecosystem has grown by over 145 percent in the last five years. Close to 10,00 people work in the startup community, which is defined by a strong network of incubators, accelerators, co-working spaces, pro-innovation mindset and a multicultural ecosystem.

TOP INDUSTRY VERTICALS

EdTech
FinTech
Logistics
Travel

ESTIMATED LIVING COSTS

SGD $3,387

Accommodation

Monthly rent for Studio apartment

SGD $7

Meal

Basic combo meal in a casual restaurant

SGD $130

Utilities

For one person in studio apartment

SGD $33

Internet

Internet package for one month

SGD $88

Transport

Avg. of public transport ticket per month

SGD $1000

Development Cost

Personal development cost per student

SOME OF OUR INTERNSHIP COMPANIES

PayPal

https://www.paypal.com/hk

PayPal is a service that enables users to to pay, send money and accept payment. The company works with consumers and business owners to provide online payment solutions

Preface

http://www.preface.ai

A tech & design-driven startup providing personalised coding and English education for unique learners using AI.

Boutir

https://boutir.com

Hong Kong-based mobile commerce enabling app Boutir provides tools for entrepreneurs to set up online businesses and manage inventory easily and efficiently.

Geip alumni feature 🎉 - Mohamed Kasshif, Co-fou

Geip alumni feature 🎉 - Mohamed Kasshif, Co-founder of @palinoia.marketing⬇️

"I’m currently a freshman at NUS, pursuing a degree in Business Administration. At the same time, I’m running @palinoia.marketing, an agency that provides bespoke digital marketing solutions for SMEs!

My startup journey began with GEIP. I was based in Jakarta, Indonesia for 6 months at a tech-logistics startup known as kargo.co.id (Now Kargo Technologies). I consider this to be a pivotal moment as being immersed in a fast growing startup not only honed my domain skills, but allowed me to understand more about its ecosystem as well. Upon returning to Singapore, I went on to intern in more startups as I found them to be exciting yet enriching.

My business partner, Yong Fei and I met in NP. Through our various work experiences, we noticed that there are several SMEs out there who are lagging behind in terms of digital marketing for a wide array of reasons. This inspired us to come up with @palinoia.marketing, an agency providing all-in-one, bespoke digital marketing solutions to SMEs.

I think one of the challenges of running a business is that the work never ends! I’ve come to realise the importance of managing my priorities. At the same time, its critical to take care of your well being and this is something my team takes seriously too. So don’t forget to take breaks and recharge 💪🏽"

[FREE FOR GEIP STUDENTS & ALUM] Join us for a tour

[FREE FOR GEIP STUDENTS & ALUM] Join us for a tour of Singapore's startup hub - home to some of our most prominent tech startups! The tour content is curated to give our participants the opportunity to learn how the Launchpad @ One-North area became a startup hotspot in Singapore, accompanied with trivia and quizzes to keep everyone engaged while the guide goes from location to location.

PS: Stand to win amazing prizes & vouchers too! 😍

DM us for signup link!

#CatchUpwithFounder series – this week we caught

#CatchUpwithFounder series – this week we caught up with Daryl Chew, Founder of @Naildeck @lightlacquer and @aquajellie! 🤘🏻💅🏻

“I have been fortunate enough to be on both sides of the entrepreneurship table. I’ve started my own businesses and have also worked in one of Singapore’s top venture capital firms, Red Dot Ventures.

Today I run Nail Deck full time and when I’m not working, I’m dad to my 4 year old son. 👨‍👩‍👧I also train for marathons in the hopes of completing a full Ironman one day.” 🏃🏻

Around the end of 2015, I learnt of a large listed company that required specific nail polish colours. I wanted to be the one to supply them with the colours but I did not know who to reach out to. Eventually in early 2017, after 1.5 years, I finally found the right person to pitch to and closed a partnership that is still going strong today.🕺🏼

This came just about 2 months after I had to let the whole team go and when I was seriously considering shutting down Nail Deck go too. 😔 So the timing couldn’t have been any better. 🙏
-----

🥳 Fun fact 1: my nails are always painted (just because I’m always testing my products) 🤣

❓Fun fact 2: I hold a very random (and frankly unknown) title of ‘Singapore’s most efficient runner’! This was in 2013 when Puma held a campaign across Asia to find the most efficient runner. I was crowned the winner and sent on an all expense paid trip (with lots of free Puma merchandise) to represent Singapore in the finals in Seoul, Korea!” 💪

2 weeks ago, our GEIP Sep 2020 batch of students c

2 weeks ago, our GEIP Sep 2020 batch of students completed an intensive 3 day virtual Hackathon programme conducted by @reactor.school 💥

They went through a series of virtual icebreaker, super exciting treasure hunt, idea brainstorming, business team formation, problem validation and protyping to a final Demo Day online pitching session. What an accomplishment for 3 days! 👏👏👏

All the best to the start of their internship! 🙌💯

You’ll thank yourself later 😉 Happy hump day

You’ll thank yourself later 😉
Happy hump day everybody 🙌🏻
.
.
.
#qotd #startwithgeip #quotes #entrepreneur #photooftheday

TUES GEIP@SG INTERN FEATURE - @jo.sephcai 🌿 "I

TUES GEIP@SG INTERN FEATURE - @jo.sephcai 🌿

"I’m Joseph Cai from Psychology Studies and I’m currently working towards the end of my internship at Synagie, mostly serving their back-end as a Customer Store Development Executive. I’ve been working from home for my entire internship and as such I am grateful that I managed to enjoy and relate really well with all the awesome people I’ve been working with. 🙌

I do make the most of my time while I am free. Little DIY and photo projects here and there take up my time (mostly with my sister when our schedules allow it). I also have a digital keyboard in my room which working from home has allowed me to play quite often.⌨️

Though it was a really short part of my entire internship experience, it definitely started off with a bang.✴️ There were many highlights to remember the time by, and not just the fact that we ate from the same roadside stall 3x because we loved the food so much ya 🌚 @sloppyjo3s @kasheyy @crystalraechel Also, thanks to Joanna (our country head) for being a good host throughout!"

PICK ME FOR GEI

Are you ready to skyrocket your growth, develop your entrepreneurial traits and see your work make a difference?

Managed By:

Global Innovation Alliance Office

A programme under the Global Innovation Alliance Initiative by:

Global Innovation Alliance Innovators Academy