Hong Kong’s startup scene is on fire this year, with a record-breaking 4,694 startups calling the city home in 2024—up 10% from last year and 40% since 2020! The hustle doesn’t stop there: nearly 18,000 people now work in these innovative ventures, a 65% jump over four years. Talk about #StartupGoals!
Why the Surge?
Alpha Lau, InvestHK’s investment promotion chief, credits the government’s pro-tech, pro-green policies for fueling the rise. Sectors like healthtech and green energy are leading the charge, proving sustainability isn’t just a trend—it’s big business.
Cash Meets Innovation
Hong Kong is doubling down with a new HK$180M ($23M) fund to lure global tech accelerators. Dubbed the I&T Accelerator Pilot Scheme, it’s part of a plan to turn the city into a magnet for next-gen entrepreneurs. Think Silicon Valley, but with dim sum breaks.
Global Expansion Mode
InvestHK isn’t keeping the party local: it’s opening a Türkiye office in 2025 to tap into Belt and Road opportunities. With 34 global hubs already, the agency’s message is clear: Hong Kong means business.
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The hustle doesn’t stop there: nearly 18,000 people now work in these innovative ventures, a 65% jump over four years. Talk about #StartupGoals!
and green energy 
are leading the charge, proving sustainability isn’t just a trend—it’s big business.
Record Surge in Foreign Travelers Crossing Hong…
