Hong Kong’s the place to cre­ate new ideas

China Daily (USA) - - HONG KONG - BySOPHIEHE in Hong Kong so­phiehe@chi­nadai­lyhk.com

In­finiti Mo­tor Com­pany chief Roland Krueger is dead set that Hong Kong is a great place for star­tups and cre­at­ing new ideas that are al­ways good for the com­pany. In this con­text, it launched “In­finiti Ac­cel­er­a­tor 2.0” to give a hand to tech­nol­ogy star­tups.

“Ob­vi­ously, Hong Kong is a good place for star­tups due to its di­ver­sity, good in­fra­struc­ture. The city at­tracts tal­ents and opens up op­por­tu­ni­ties for other mar­kets in the area, not only the Chi­nese main­land but also the rest of Asia,” says Krueger.

In­finiti part­nered Hong Kong-based startup in­cu­ba­tor Nest and launched a 12-week pro­gram on July 4 to help nine tech-re­lated star­tups by pro­vid­ing them co-work­ing space and busi­ness train­ing.

“Help­ing star­tups is very im­por­tant to us as they gen­er­ate new cre­ative ideas, which are an im­por­tant source for tech­nol­ogy and in­no­va­tion for our com­pany. And, we would like to in­put th­ese new ideas from them and work with them,” he says.

Be­sides, th­ese star­tups are able to cre­ate ideas in a new and prob­a­bly dif­fer­ent way and, as a large or­ga­ni­za­tion, it’s al­ways good to chal­lenge it­self, and see whether the or­ga­ni­za­tion can ben­e­fit from other pro­cesses and ways of gen­er­at­ing new ideas.

The nine star­tups in­clude en­trepreneurs from Hong Kong, Sin­ga­pore, the US and Dubai, each of which has a fo­cus on a “smart city” so­lu­tion. Ac­cord­ing to In­finiti, three key ar­eas — con­nec­tiv­ity tech­nolo­gies, al­ter­na­tive en­ergy and al­ter­na­tive mo­bil­ity so­lu­tions — are vi­tal for fu­ture in­tel­li­gent cities.

“For th­ese com­pa­nies, we of­fer a plat­form on which they’re able to de­velop their own ideas fur­ther. We will give them coach­ing, new ideas, and they will have meet­ings with our man­age­ment team through which we help them bring their busi­ness to the next level,” says Krueger.

Af­ter 12 weeks, In­finiti will or­ga­nize an in­vestor day, al­low­ing the star­tups to pitch their ideas for in­vest­ments and, hope­fully, with the in­vest­ment they get, they will be able to start their own com­pany or move their busi­nesses forward.

It’s very hard to say which startup or en­tre­pre­neur can re­ally suc­ceed in the long run, Krueger says, as he be­lieves the mea­sure­ment is not what hap­pens now or what will hap­pen in the next 12 weeks — it should be a sus­tain­able busi­ness model for a few years down the road.

But, he stresses, it def­i­nitely takes per­se­ver­ance and pa­tience to be a suc­cess­ful en­tre­pre­neur.

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