The 5th STARS Programme of Hong Kong Startup Council Concluded Successfully “PropTech + ESG” Startups Inject New Thoughts into Industry

The Hong Kong Startup Council (“HKSC”), under the auspices of Federation of Hong Kong Industries (“FHKI”), organised the Demo Day of its 5th STARS Programme today (20 October 2022), marking a successful conclusion to this seven-month journey for 13 “PropTech + ESG” startups. Mr Victor Tai, Under Secretary for Housing, was the Guest-of-Honour. Sponsored by Citi Hong Kong, the Programme helped STARS startups receive mentorship from industrialists, strengthening their product development and services to create possibility of commercialising their innovations. On the Demo Day, the startups presented the latest developments of their enhanced innovations to investors and industrialists to pitch for investment and business collaboration opportunities. Through on-site voting, Aura Labs Limited, I2Cool Limited and Super Bamboo Limited won “The Most Popular STARS”, “The ESG STARS” and “Industry’s Pick STARS” awards respectively.

FHKI Chairman Dr Sunny Chai said, “As Hong Kong is on course for becoming international I&T centre, every industry is eager to bolster their competitiveness through the adoption of new technology. Real estate is one of the major industries in Hong Kong. We are delighted to see our ‘PropTech + ESG’ startups not only to bring innovation and creativity to help the industry upgrade and transform, but also bring a positive impact on environment and promote people-oriented sustainability.”

Mr. Anson Kwok, Head of Commercial Bank, Citi Hong Kong said, “The STARS Program has created an important platform to incubate startups and enable them to share with the community their creativity, innovation, unique skills and perspectives, which truly meet Citi’s mission of enabling growth and economic progress for the communities we serve. Citi Hong Kong is celebrating our 120th anniversary this year, and our support for this program reinforces Citi’s commitment to Hong Kong through joining hands with different stakeholders to co-create a sustainable economic future for the community.”