A seminar on Business Angel Programme co-organized by iProA and HMSiCA was held on 12-Jan. Speakers Mr. Neil Orvay and Mr. Tim Hay-Edie, Joint Chairmen of Hong Kong British Chamber of Commerce’s Angel Investment Committee, introduced to our members a Business Angel Funding Programme, which was sponsored by renowned international audit firm Baker Tilly, HK office.
Under this program, the Chamber lines up some angel investors from HK to provide Angel Funding to prospective SMEs run/ start-up by HK people. The Chamber will play the match-making role in lining up the investors and applicants via performing first round assessment and screening of applications, followed by interviewing with the short-listed candidates. The Chamber will not take role in the actual funding and will not receive any charge from the investors nor the applicants.
The investors are looking for Angel investments of size US$50,000 to US$500,000 (for each funded company) in return for 30%-50% share of the invested company.
The application deadline is 12-Feb-2010. Applicants are expected to submit an application form together with a TWO- PAGE business proposal. About 12 applications will be short listed to provide a 10- MINUTE presentation + 20- MINUTE Q&A/Recommendation for first round assessment. About 8 candidates will be selected for presenting to the Investors, which would end up with about 4 finalists successfully getting funding.
Please click here for the PowerPoint of the briefing seminar on 12-Jan and here for the sample Business Proposal template for your reference. You can contact Ms. Hilary Thomas, the Marketing & Communications Manager of the Chamber (Dir. Line: 2824-1972 or hilary@britcham.com) for getting the application form and other details of the Programme.
iProA SIG in VC and New Business Development
Business, Social Networking funding, iproa, sme
With subsidy from OGCIO of HKSAR Government, WTIA / HKWDC is offering a privilege exhibition package with participation fee of HK$2,388 only, to local SMEs.
Business hksar, sme
With the support of the SME Development Fund, Project CMM Fast-track (CMMFT) Programme for Hong Kong SME Software Companies has been successfully kicked off by the main organizing body, the Hong Kong Computer Society (HKCS). HKCS is a non-profit-making body of IT professionals, and its mission includes the promotion of the use of IT and the fostering of the development of the IT/Software/Computer industry in Hong Kong.
Business sme
The “Linux Business Adoption Campaign” aims to provide an informative and educative message to the SMEs and varies sectors, by showing the best practices among their counterparts in deploying different business and/or education applications in their respective industries.
Business campaign, linux, sme
The Trade and Industry Department (TID) invites SME proprietors to join the 2003/04 Mentorship Programme, which is run by its Support and Consultation Centre for SMEs (SUCCESS) in partnership with 42 leading trade and industrial organisations. The Programme aims to provide an opportunity for SME entrepreneurs to learn from and be guided by accomplished entrepreneurs, senior executives, and professionals through one-to-one free counselling. SME entrepreneurs who run locally registered companies employing fewer than 20 people in Hong Kong and are established for less than five years are eligible to apply for the Programme. Each SME entrepreneur admitted to the Programme will be assigned a mentor for a period of nine months. Mentors and mentees are expected to meet each other at least three times during the period.
Social Networking mentorship, sme
The SME Ambassador Program 2002-2004 is a concerted effort to enhance the overall competitiveness of SMEs in the consumer goods retail and wholesale sectors.
Social Networking sme
