The "HSBCx JA Youth Entrepreneurship Program" launched by HSBC aims to cultivate innovation and critical thinking abilities among secondary school students and help them understand the essential qualities needed for entrepreneurship. Over 6,000 students aged 14 to 18 are expected to participate in this three-year program.
Students participating in the program are required to develop a business plan and, with the guidance of business advisors, turn it into a real student company and produce their own product within seven months. Throughout this process, students will learn how to innovate, draft business plans, raise funds, produce, and sell products, among other skills. Over 300 HSBC volunteers will serve as business advisors to the participants, providing the necessary help and guidance.
Considering the trends in the new economy and the future job market, JA Hong Kong (JAHK) enhances students' overall understanding through various workshops. One of the workshops will invite the founder of Potato Productions, Derek Cheng Yan-fu, and high-ranking individual, Gao Jiang Ling, to share insights on turning creativity into short films and online advertising techniques.
Stephanie Choi, the CEO of Junior Achievement Hong Kong, expects around 1,500 students to participate in the program this year. They will need to operate their student companies within seven months, including entrepreneurship, marketing, and liquidation. The organization will provide the necessary support to students, including various learning activities and workshops arranged by professionals, such as entrepreneurship workshops. The program will also teach students the latest business information and skills, including financial technology, internet business trends, and artificial intelligence big data.
One of the students who participated in the previous program, Leung Chun-wing, a Form 6 student, successfully generated HKD 110,000 in revenue for their student company. Their products included a cat-shaped desk decoration and a program for managing personal schedules. Throughout the process, they not only had to attend school but also dedicated their free time to design and develop the program. Eventually, it took them three to four months to complete, with members taking turns working overnight to program. They utilized cost-effective advertising methods such as YouTube and Instagram, as well as collaborating with cat cafes, resulting in sales exceeding expectations. Leung mentioned that electronic payment methods greatly helped with sales, as 40% of customers used electronic payment for transactions.
Another student, Yeung Cheuk-kau, who took part in the program, shared their success in selling hand-drawn night lights, earning approximately HKD 30,000. The design of these night lights aimed to raise awareness about mental health issues among young people. The night lights had speakers that played sounds like waves and winds to help people fall asleep. To increase motivation for classmates to sell the product, they introduced a commission system. Similarly, they provided various payment methods, including cash and various electronic payment methods.
Another student from the previous program, Choy Chun-yam, shared their promotional strategy. They introduced a commission system to encourage classmates to actively sell their products. As a result, they achieved approximately HKD 30,000 in revenue.
This program not only provides students with opportunities to practice entrepreneurial skills but also exposes them to the challenges and difficulties of entrepreneurship. Through learning and professional guidance, the aim is to cultivate more young entrepreneurs with creativity and critical thinking abilities, injecting new vitality into Hong Kong's entrepreneurial ecosystem.
The 6th Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2023 Global Entrepreneurship Finals will be held on November 16-17 at the Hong Kong Cultural Centre Waterfront. The top 30 teams competing for a total of HK$1 million cash prizes. Tech by the Harbour events include "Water, Light and Shadow", "Robot Parade", "Museum of the Future", and "Innovation Forum - Leading the Way to the Future"
On May 30, Nvidia became a super giant with a market value exceeding $1 trillion, making its founder Jensen Huang the second entrepreneur to achieve this milestone, second only to Amazon's Bezos. Nvidia's rise in the field of artificial intelligence can be attributed to Huang's foresight in management fifteen years ago, which has brought him great success today.
The University of Hong Kong organized "Dream On 2023" Innovation and Entrepreneurship Day, with 40 HKU-affiliated startups participating to showcase their research achievements and innovation. During the event, three panel discussions were held, where HKU members shared their experiences on how to transform research inventions into impactful startup ventures, including areas like surgical robotics. The event also featured on-site matchmaking activities to facilitate collaboration and exchange.
The Science Park Company held the "Ideation and Entrepreneurship Incubation Program Graduation Ceremony," with a total of 473 startups participating. Participants were able to access funding, training, mentoring, and promotion support through the program, preparing them for the development of their products. One of the startups successfully developed a portable fundus camera through the abundant resources provided by the program and hopes to popularize its use in the future. These initiatives demonstrate Hong Kong's strong efforts to promote the development of innovative technology companies.
The Charm Brothers Company (stock code: 8032), in which the Li Ning family holds shares, has announced that the Stock Exchange has preliminarily approved its transfer of listing from the GEM board to the main board.
This article introduces a savings method called the Envelope Budgeting System. A woman, who was unemployed and had a debt of nearly $70,000, decided to change her financial management approach. She used the Envelope Budgeting System, where she allocated money into different envelopes representing different expense categories. Through this method, she eventually succeeded in paying off her debts and became a successful entrepreneur with an annual income exceeding $1 million. This method may be worth considering, especially when we have the impulse to spend all our savings while repaying debts.
Democratic primary defendant Pang Chi-ming admitted that in order to cater to the pro-independence voters, he "pretended to be more radical than he actually is" during the primary. The judge questioned why Pang did not join the Democratic Alliance for the Betterment and Progress of Hong Kong (DAB), to which Pang replied that the DAB would have lost under the prevailing social atmosphere at that time. The judge also questioned why Pang included promises in his platform that he would not fulfill, and whether this was deceiving the voters. Pang claimed that the voters have clear judgment and that is why he received fewer votes. Pang identified himself as a localist and explained that it is not important to label himself as such because he is a Hong Kong native who wants the best for Hong Kong. He stated that he needs to let the voters know who he is.
The City University of Hong Kong's "HK Tech 300" program has received continued support from venture capital funds. It has signed a memorandum of understanding with six mainland Chinese venture capital funds, including Lenovo Capital. This collaboration will establish a joint investment partnership of up to 1 billion RMB (equivalent to 1.094 billion HKD) to jointly promote the development of innovative technology.
There are many ways to earn money in the world. People can choose to work diligently, invest wisely, or be entrepreneurial. As long as one does not engage in illegal or unethical activities and utilizes their abilities within a reasonable timeframe, they can achieve a considerable amount of wealth.
Zhang Yu Shan announced her romantic relationship with Lu Qi Xian publicly today (29/07). She was formerly the chairperson of Xiu Shen Tang, and after transferring the company earlier, there have been rumors that her net worth has reached 300 million yuan, making her a wealthy woman in the city. In the 2021 show "Friends and Buddies," she shared her entrepreneurial journey, starting from being a product agent and eventually becoming the chairperson of a publicly listed company. However, what caught people's attention the most was her rare mention of the story of her deceased ex-boyfriend, Xiang Hua Sheng, which piqued the interest of the audience.
The 12th Sixth Plenary Session of the Guangzhou Municipal Committee of the Communist Party of China emphasized that anchoring high-quality development is the primary task and promoting a "second entrepreneurship" is the way forward. The Yangcheng Evening News has launched a special feature called "Second Entrepreneurship: Setting Sail in Guangzhou - Exploring Challenges to Promote Development through In-depth Research." The aim is to explore the key factors for Guangzhou's high-quality development. Journalists will go deep into the frontlines, capturing the essence of the "second entrepreneurship" in Guangzhou through text and visuals. This initiative aims to sound the horn for Guangzhou to embark on a new path, achieve remarkable results, and inject fresh vitality into its development.
Eric Zhu is a 15-year-old student who is also an internet expert and the owner of a successful company that raised $100 million in funding. Despite still being in school, he is incredibly busy. To juggle his classes, running his business, and attending meetings, he has to handle various tasks in the school restroom stalls.