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Hong Kong
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Hong Kong has become a powerhouse for startups with a mission, fostering innovation that tackles urgent social and environmental issues. This vibrant city offers a unique ecosystem supporting entrepreneurs in building impactful businesses while providing access to vital government resources and funding.
Hong Kong's startup landscape is increasingly dominated by companies blending profit with purpose, addressing critical societal challenges and contributing to sustainable development.
This shift reflects a growing recognition of the importance of businesses creating positive change.
Founders: Naman Tekriwal and Anushka Purohit
BREER epitomises the spirit of purpose-driven startups in Hong Kong. By transforming surplus bread into craft beer, they combat food waste while producing a premium product. This innovative approach aligns with UN Sustainable Development Goals 12 (Responsible Consumption and Production) and 13 (Climate Action).
BREER has leveraged several government initiatives, particularly through the Hong Kong Science and Technology Parks Corporation (HKSTP). They are residents of the Explorium Hong Kong and participants in the STEP Program.
Follow BREER on Instagram: @breerhk
Founders: Lamia Sreya and Turzo Bose
Seekr, developed by Vidi Labs Limited, exemplifies how technology can be harnessed for social good. Their AI-powered wearable device for the visually impaired showcases Hong Kong's potential in creating assistive technologies that promote inclusivity, addressing UN Sustainable Development Goal 10 (Reduced Inequalities).
Follow Seekr on Instagram: @seekr.hk
Founder: Ankit Suri
Planto represents the burgeoning fintech sector in Hong Kong, focusing on enhancing financial literacy and access. By serving both individuals and institutions, Planto contributes to fostering a more inclusive and informed financial ecosystem.
Follow Planto on Instagram: @planto.hk
Recognising the importance of fostering innovation, the Hong Kong government has implemented a range of initiatives and incentives to support startups. These include funding programs, tax breaks, co-working spaces, and accelerator programs that provide mentorship, networking opportunities, and access to investors:
Innovation and Technology Fund (ITF)
Social Innovation and Entrepreneurship Development Fund (SIE Fund)
Cyberport Incubation Programme
Science Park Incubation Programmes
Enterprise Support Scheme (ESS)
These initiatives, combined with Hong Kong's rich talent pool, world-class universities, and strategic location, create an ideal environment for purpose-driven startups to flourish and scale.
By focusing on startups that merge innovation with social and environmental impact, Hong Kong is establishing itself as a leader in sustainable business development. The city's ecosystem provides the perfect blend of resources, support, and opportunities for entrepreneurs aiming to make a difference while building successful companies.
Don't miss our upcoming panel event featuring these brilliant minds at Garage Society on September 24th at 7 PM.
Join us for an inspiring conversation with trailblazing founders and innovators who are revolutionising the startup scene with their mission-driven ventures. It's an unparalleled opportunity to gain insights, network with like-minded individuals, and glimpse the future of entrepreneurship.
Secure your spot now and be part of the dialogue shaping Hong Kong's entrepreneurial future!
Garage Blog
Maximising Productivity in Coworking Spaces: Tips and Tricks
With over a decade in Hong Kong's bustling coworking scene, I've witnessed firsthand the remarkable rise of shared office spaces in the city.
These dynamic spaces have revolutionised the way we work, offering a perfect blend of flexibility, community, and professional amenities.
According to a recent study by Coworking Resources, the number of coworking spaces worldwide is projected to reach a staggering 41,975 this year, marking a significant 42% increase from 2019 to 2024.
The appeal of coworking spaces is undeniable. They provide a cost-effective alternative to traditional offices, foster networking opportunities, and offer a vibrant atmosphere that can spark creativity and innovation.
However, with the myriad of distractions and the constant buzz of activity, maintaining productivity in these shared environments can be challenging.
So whether you're a freelancer, a remote worker, or part of a growing startup, these tips and tricks will help you harness the full potential of your coworking experience while keeping your productivity at its peak.
Garage Blog
Taste the Best of Sai Ying Pun: Our Handpicked Top 10 Lunch Spots!
Join us as we uncover the hidden gems and popular dining hotspots around Garage Society Sai Ying Pun. Whether you're a local in search of new lunchtime favorites or a visitor craving a taste of the vibrant dining scene, this guide is your ticket to culinary delight.
From quick bites to leisurely lunches, Sai Ying Pun has it all, and we're here to guide you through the flavors that await. Get ready to recharge and refuel at the lunch spots that call Sai Ying Pun home
Garage Blog
The Entrepreneur's Journey with Claire Yates, Founder of The Lion Rock Press
We sat down with former Garager and longtime friend of Garage, Claire Yates, Founder of The Lion Rock Press to explore the hurdles faced in running a business in Hong Kong, the benefits of co-working spaces, the challenges of exploring new business ventures in the world of tech and the significance of physical greeting cards in today's digital age - dive in below!
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