Ten Ways To Get Investor Funding For HK Startup Businesses

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In reality, many Hong Kong startup founders in some point would be actively looking for investment. Consider the ten ways to find the right angel investors and venture capitalists.

  • Top tier business schools (or classes)
  • Your friends in the same industry
  • Online: Platforms such as AngelList, Microventures, WeFunder, SeedInvest, etc
  • Angel investor networks
  • Crowdfunding
  • The entrepreneur community in locally in Hong Kong
  • Let your mentor recommend.
  • Apply to accelerator programs such as Cyperport Incubation Programme. The upside of CIP is that it has already funded some local HK successful startups/businesses including Klook, Gogovan, Shopline, Snapask, Air Button, Nexchange, and more.
  • Do research and make a list of possibilities.
  • Show proofs that your startup has a product that is totally ready for the market.

When it comes to angel investors, most would take the following factors into consideration before they place capital into the very early stage of a business i.e. Your HK startup.

Valuation of the startup: Angel investors would work out how much a startup is worth through many different factors, and they would do their best to get to the true value as close as possible.

The founders: The angel investors would definitely get to know the founders. The founders and co-founders are the core team players in the entire business. The right founders are the important roles who would take a startup to become a successful business. All investors want to invest in successful founders, and there is no exception.

Portfolio management with startups: Investors would consider how many startups they would hold in a portfolio (or possession), based on risk analysis, and how much money (for investment) they have in hand.

When founders have decided to apply through the Cyperport Incubation Programme (CIP), they would have to go through the vetting process. During the process, a vetting team who essentially is a team of VCs, academics, industry experts, and trade association members would conduct the evaluation. The evaluation is to determine the selection of the applicants who would be eligible for the CIP.

The founders would have to follow the instructions while the vetting team conduct an initial screening the eligibility of their businesses (for the application). Then the vetting team would shortlist the applicants who have been selected. Lastly, the shortlisted applicants would have to present their projects before the vetting team, and answer questions regarding their projects.

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