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What is Co-ideation Program?

The HKUST x HKSTP Co-Ideation Program is an entrepreneurship supporting program collaborated between the Hong Kong Science and Technology Parks Corporation (HKSTP) and the Hong Kong University of Science and Technology (HKUST), aiming to turn your brilliant ideas into reality and begin your entrepreneurial journey.

Learn the fundamental skills you need to kickstart your business idea. We provide all-round support like designing your business model, focusing on market validation and your technology edge. We guide you every step of the way, to fine-tune your ideas for technical development. We also provide mentor for business advice.

Through the program, startups receive financial support, training and a streamlined path to HKSTP's Incubation program.

Program offers

  • Seed funding: Up to HK$100,000 financial grant
  • Coaching: Guidance from HKUST advisors and connect to Mentorship Network
  • Training: Topics includes Hong Kong’s startup ecosystem, Business modelling, Pitching and investment etc.
  • Potential to bridging programs: Prepare for HKSTP incubation admission

Program Period

  • 6-month program
  • 3 milestones for teams to achieve (Silver Badge, Gold Badge, Platinum Badge) 

milestone

Eligibility

We’re looking to cultivate the next generation of entrepreneurs. You are welcome to join Ideation Program​ if you:

  • The team must contain at least one HKUST member (current students, alumni, faculty and staff) AND
  • Have an innovative idea supported by R&D and business planning AND
  • Are a HKID holder aged 18 and above, OR
  • Have a limited company* incorporated in Hong Kong for less than 2 years by the application start date, OR
  • Individual and team applications are both accepted. (must incorporate a limited company* in Hong Kong before the assessment submission of 2nd milestone)

*Remarks: 
1. The HKUST member(s) must hold at least 10% ownership in the proposed company.
2. Main applicant needs to be one of the shareholder in the proposed company.


Please note that if you (and any of your team members) are currently joining, or having shareholding in any pre-incubation program or Incubation program, including but not limited to HKSTP Ideation, HKSTP incubation, Cyberport CCMF/CUPP, Cyberport Incubation will not be able to join the program.

APPLICATION

Please submit the following documents via the Online Application Form (HERE) with the following documents:

  • Application form (HERE)
  • Pitch Deck for the assessment with reference to the 5-10 pages Pitch Deck Guideline (HERE)
  • Link of zoom video recording (3-5 mins) with reference to the Video Guide (HERE)
  • BR, CI and NNC1 (if any)

APPLICATION TIMELINE

The Co-ideation Program admits 2 cohorts per year. Details of the upcoming cohort are as follows:

Cohort UST25-06 (Feb 2025 Intake)

Application deadline:  22 Dec 2024

Panel Assessment (shortlisted applicants only): Dec 2024 

Result Announcement: Jan 2025 (exact date to be confirmed)

Program Start Date: Feb 2025 (exact date to be confirmed)

* Detailed application schedule will be shared with applicants after application submission.


Enquiry: coideation@ust.hk