The Rocketing AI Co-incubation Program, a collaborative initiative between Google and HKSTP, represents a significant milestone in advancing Hong Kong’s tech ecosystem. This program harnesses the power of AI and cutting-edge technology to unlock a new wave of innovation and opportunities for startups.
The program aims to identify and select startups that exhibit exceptional potential for growth and innovation. This program presents a unique opportunity for AI-first startups to receive comprehensive support, leveraging the combined strengths of Google and HKSTP. Through a holistic package of resources, mentorship, and funding, the program seeks to accelerate the success of startups and drive innovation within Hong Kong’s thriving tech ecosystem. Selected startups will benefit from up to USD $350,000 in Google Cloud Credits, up to HKD $1.29 million funded by HKSTP, and the guidance of a dedicated account manager from Google and HKSTP – all to ensure a smooth ascent to achieve your goals.
Ignite Your AI Startup with Google Cloud Credits & More!
Receive financial backing of up to
HKD $1.29 million over
the course of three years.
Elevate your team’s expertise with
2 Google Cloud Professional
certification exam waivers per startup,
followed by up to 500 Google Career
Certificate scholarships.
Unlock powerful online
marketing strategies with
expert Google Ads guidance.
Eligibility:
Received startup equity funding* from pre-seed to series A (if series A, raised within the last 12 months) by an institutional investor or common Web3 funding sources
A Hong Kong AI based limited company, established within 5 years of the programme application submission date
At least 2 full time staff to be working onsite at HKSTP and not less than 50% of the team shall be R&D related
The founding team holds at least 51% of the company shares collectively
The company has a prototype or MVP which is being market
validated in principle
Not currently enrolled in HKSTP/ Cyberport programs
*Startup Equity Funding includes typical equity investment vehicles that support startup growth from accredited angel investors, Accelerator, Incubators, and Venture Capital firms. Simple Agreement for Future Equity (SAFE) Agreements and convertible notes are accepted. To support the Web3 community, we will also be accepting verifiable token raises and blockchain foundation grants. Funding via Private Equity, government innovation grants, prize funding, crowdfunding, friends & family funding will not qualify a startup for Scale but will be evaluated for enrollment in Start.
For details, please click HERE and refer to HKSTP Incubation Application Guide.
Key Dates:
March 7, 2024
April 19 , 2024
June / July 2024
Sep 2024
June / July 2024
1H 2025
April 8, 2024
April 3, 2024
May 2024
June 2024
March 2025
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10.00 PM - 11.30 PM
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Alexander Marshall
Scarlett Wilkinson
11.30 PM - 12.30 PM
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Alexander Marshall
Scarlett Wilkinson
12.30 PM - 01.30 AM
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Alexander Marshall
Scarlett Wilkinson
01.30 AM - 2.30 AM
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Alexander Marshall
Scarlett Wilkinson
2.30 AM - 03.30 AM
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Alexander Marshall
Scarlett Wilkinson
03.30 AM - 4.30 AM
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Alexander Marshall
Scarlett Wilkinson