Dr Miranda Lou, Executive Vice President of PolyU (front row, centre), Mr Victor Wang, Managing Director of Shenwan Hongyuan (front row, left), and Mr Avan Fung, licensed representative of Joincap Capital (front row, right) signed the MoU.Zoom In

In support of the Government’s RAISe+ Scheme, PolyU joined forces with two renowned technology innovation investment companies, namely Shenwan Hongyuan Asset Management (Asia) Limited and Joincap Capital Limited to facilitate the commercialisation of the University’s research outputs in the Guangdong-Hong Kong-Macao Greater Bay Area.

 

PolyU is the first institution in Hong Kong to establish partnerships with Shenwan and Joincap. The two companies plan to set aside a joint fund of HK$150 million to invest in PolyU's research projects, to foster more industry-university-research collaborations, promote the development of downstream sectors, and enhance Hong Kong’s capacities in innovation and technology as a whole.