The University of Hong Kong announced that the "Hong Kong University Youth Science and Technology Innovation College" co-founded with the Shenzhen Qianhai Management Bureau has recently been put into operation and officially opened on Wednesday (4th). It is reported that the relevant project aims to fully utilize HKU's advantages in talents, scientific research, innovation, and internationalization, and combine Qianhai's unique position as a pilot area for close cooperation between Hong Kong and the Mainland and policy advantages to attract outstanding scientific and technological talents and high-potential venture companies and contribute to the innovation and entrepreneurial development of the Greater Bay Area.

The "Hong Kong University Youth Science and Technology Innovation College" is located in the North District of the Qianhai Shenzhen-Hong Kong Youth Dream Factory, and the first batch of incubating start-up technology companies includes 11. It is composed of professors, students, and alumni of the University of Hong Kong, and covers cutting-edge fields such as artificial intelligence (AI), big health, and new materials.

In addition, the "Hong Kong University Entrepreneurship Engine Fund" also announced the first batch of intention to invest and cooperate partners. The fund, in the form of a mother fund, openly recruits top venture capital institutions at home and abroad, and invests in seed and early-stage HKU-Shenzhen Science and Technology enterprises to accelerate the growth of high-potential start-up companies. The "Hong Kong University Angel Investors Alliance" has also been launched simultaneously. These two projects will serve as important supporting and supporting mechanisms for the "Hong Kong University Youth Science and Technology Innovation College" and provide resources and capital support for the development of HKU start-up companies.