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Citizens-Centric Innovation

from the Tipping Point Innovation Conference Workshop on "How to recreate Innovation across government ministries in HK" (Sept 6)
by

Elaine Ann

on 30 January 2015

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Transcript of Citizens-Centric Innovation

Mentorship
needed
Lack of Capital
to support
HK Startups
CITIZENS-CENTRIC
INNOVATION
Coworking space
with domitories
to help Startups
save $
Lack help to
guide business
direction
Lack of
Mentorship
Lack of
Supporting
Talents
Priority given to large, established companies, not
small Startups
Where to
find clients?
Startups are
always changing,
cannot have fixed
business plans
Need to front
the $ yourself,
Startups can't
pay up front
No funding
before idea
is REAL (under-development)
Getting a visa
is 200 pages
and takes
8-9 months
Government + Funding Schemes
don't understand
Startup stage
Early stage
biz validation
hard to do
when no money
Difficult to
convince clients
or management
with unproven biz
Difficult to
communicate
value to potential customers
Lack support
for female
entrepreneurs
For Startups change is rapid, support needs to cope with change
Hard to hire
the right people
for the job


How can we innovate better to help Startups thrive in Hong Kong?
HK's Investment
and Parental
Culture is Risk
Adversed
Food Link for Startups to
get free food
and save wastage
Startups
partners together
to leverage
skills
B2B Matching
for Startups
to find partners/customers
"HK Got Talents"
Startups TV Show
Govt give every student $ to start
something
Organize
marathon
run between
Startups + Mentors
Web platform
of ideas to
encourage
cross-pollination
Less tax for
businesses
investing in
innovation
Government to
be Innovator
Startups 101
as University
Core Course requirement
Random investment
fund like
Mark Six
Get overseas
investors to
mingle with
local investors
Educate Chinese
Tiger Moms
to let their kids
join Startups
Form women
entrepreneurs
support
group


Top 4
Issues
What Problems HK Startups face?
What Solutions we brainstormed?
Workshop Participants:

Aaron Pang
Agatha Chung
Allen Yeung
Andy Yee
Bosco Cheung
Eddie Wu
Henry Au
Iain Reed
Jean-Marc Ly




































































Jian Lu
Julian Lee
Karen Li
Ken Chan
Kenneth Law
Kim Salkeld
Lawrence Tse
Lee Yuet
Marilyn Hew

Mei Mei Ng
Michael Chan
Noemie Calais
Rex Sham
Sunny Chung
Timothy Tsang
Vaughn Hew
Vincent Mah
Winston Lam
Speaker: Elaine Ann
Facilitators: Patti Hunt
Ada Yuen
Jessica Striebich
Co-created at the Tipping Point Innovation Conference Workshop:
"How to recreate Innovation across government ministries in HK"
no wrong solutions at this stage...
Special visas
for Startups
Get successful
Startups to mentor new Startups
Learn from
overseas
Startups
Full transcript