PolyU has signed a Memorandum of Understanding (MoU) with the Hong Kong X Foundation (HKXF), spearheaded by Sequoia China, to foster the development of Hong Kong’s innovation and technology (I&T) ecosystem. The partnership will support student- and researcher-led innovation and entrepreneurship, as well as assisting with Hong Kong’s integration into the Greater Bay Area (GBA) and the implementation of the National 14th Five- Year Plan, which aims to transform Hong Kong into an international I&T hub.

Alongside providing I&T education, the two parties will collaborate on incubation and investment funding through the Hong Kong InnoX Academy, a non-profit educational institution wholly owned by HKXF. They will also offer young I&T entrepreneurs all-round support and assistance through entrepreneur workshops, company visits, seminars and mentorship schemes.

Dr Miranda Lou, Executive Vice President of PolyU, said: “PolyU has been dedicated to nurturing I&T talents, and this adheres to the same philosophy and vision of HKXF. Through signing the MoU, the parties will combine their expertise in promoting I&T to nurture more talents, optimise the I&T ecosystem in Hong Kong and the GBA, and create better opportunities for the younger generation.”