The first cohort of winning entrepreneurial teams under the Micro Fund 2022-23 was announced after a 2-day competitive finals presentation.

There were over 120 teams competing in the cohort and 35 finalists made their pitches to the judging panels. The 18 winning teams demonstrated their innovation and creativity, business model, team members’ competence, core R&D activity, and achievable milestones in their business proposals. They will each receive HK$120,000 under the Micro Fund from PolyU and support of up to HK$1.3m from HKSTP’s Ideation and Incubation Programmes.

Launched in 2011, the Micro Fund Scheme is the first funding initiative to cultivate innovation and entrepreneurship in the PolyU community and to promote knowledge transfer and commercialisation of PolyU’s innovations and technologies. The scheme aims to bolster the awardees’ implementation of high-quality business propositions with a positive societal impact.

The Micro Fund is open to applications by current students, alumni, GBA Startup Postdoc, staff and PolyU Technology Licensees. The submission deadline for the second cohort is 1pm, 12 April 2023.