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Cyberport Startups: Venture Capital Markets

Cyberport's two-day "Cyberport Venture Capital Forum 2023" (CVCF) concluded today (1st). More than 80 industry representatives discussed the prospects and strategies of the venture capital market in the light of the rapid development of emerging technologies such as Web3 and Artificial Intelligence (AI).

In the face of a volatile and uncertain venture capital market, Cyberport Community Startups had a strong year of fundraising. between October 2022 and September 2023, Cyberport Startups successfully raised more than $3 billion, including companies such as Animoca Brands, Bowtie, Endowus, Moonfare, etc., and the cumulative total amount of fundraising for Cyberport companies amounted to $37.5 billion. The total cumulative funding raised by Cyberport enterprises amounted to $37.5 billion. Over the past 20 years, Cyberport has been actively promoting innovation, and with the addition of CertiK, the seventh unicorn startup, Cyberport continues to drive the steady expansion of its ecosystem.

The Cyberport Investor Network has also facilitated over $340 million of investment in the past 12 months. The Cyberport Investment and Entrepreneurship Fund (CIIF) has invested in 27 start-ups, and the total amount of investment from the CIIF and co-investment amounted to $1.76 billion, representing an attraction ratio of 1:9.

IVE graduates raise more than $20,000 to start a start-up company

IVE graduates raise more than $20,000 to start a start-up company

During the epidemic, five IVE Higher Diploma in Games and Animation graduates each contributed about $5,000 and raised more than $20,000 to set up an IT solutions start-up company. The company's cumulative turnover has reached nearly $1 million over the past three years, and its clients cover a wide range of industries.

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Yan Xiaotian: A Grateful Person in Society

Yan Xiaotian: A Grateful Person in Society

In July 2014, Yan Xiaotian, a freshman student at Zhengzhou Vocational and Technical College in Henan Province, and his fellow villager Wang Yajun, caught two nests of birds totaling 16 individuals in Huizhou Township, Huixian City, Xinxiang. They sold these birds to buyers in various locations. After examination, it was determined that most of these birds were Lesser Kestrels, which are second-class protected animals in China. As a result, Yan Xiaotian was sentenced to ten and a half years in prison by a mainland court. On Saturday (the 27th), Yan Xiaotian was released from prison and returned home. He bowed to his neighbors and expressed his determination to be a grateful member of society.

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Artist Zhang Yanbo starts a business in northern region, opening a Japanese restaurant, hoping to entertain top TVB executives

Artist Zhang Yanbo starts a business in northern region, opening a Japanese restaurant, hoping to entertain top TVB executives

Recently, 42-year-old artist Zhang Yanbo opened a Japanese restaurant in Zhuhai and joined the trend of entrepreneurship in the north. His restaurant officially opened earlier this month and invited "East Touch+" host Chen Yide to come and taste the food. They sampled the signature dishes of Sukiyaki and Japanese charcoal-grilled meat, expressing their hopes to invite some TVB executives to dine at the restaurant in the future.

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Abundance Autonomy Pension Plan: Building a Stable Financial Foundation for the Future

Abundance Autonomy Pension Plan: Building a Stable Financial Foundation for the Future

Being prepared ahead of time is never too early. A pension plan is a financial solution for saving and investing, providing a stable income for the future. Manulife's "Prosperity-driven Pension Plan" offers various flexible options to meet different individuals' needs. Young "Slashers" can invest in the plan to provide a steady cash flow for future entrepreneurship or property ownership. Middle-aged office workers can use the pension plan to obtain passive income during retirement. The plan also offers protection options, including double benefits for cognitive impairment, death compensation, and accidental death compensation.

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"Innovation and Efficiency Achievement Office": Launching a New Project to Promote the Development of Hong Kong's Social Innovation Ecosystem

"Innovation and Efficiency Achievement Office": Launching a New Project to Promote the Development of Hong Kong's Social Innovation Ecosystem

To promote the development of Hong Kong's social innovation ecosystem, MakerBay Foundation has received funding from the Social Innovation and Entrepreneurship Development Fund to launch a new three-year social innovation cultivation program called the "Impact Innovation Lab." This program aims to assist individuals aged 18 or above who are interested in engaging in social innovation to develop solutions to social problems and achieve their goals. The program will provide participants with access to a laboratory, training, and resources to enable them to conduct innovative experiments and bring their ideas to fruition.

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Chinese Venture Investors Expand Their Horizons: Unparalleled Potential in the Middle Eastern Market

Chinese Venture Investors Expand Their Horizons: Unparalleled Potential in the Middle Eastern Market

According to reports from US media, Chinese investors are shifting their focus to the Middle East region in search of new investment opportunities. However, investment in the Middle East will not completely replace investment from the US. This move indicates that Chinese investors are trying to expand their investment portfolio and seek diversification of investment sources. Despite the potential projects in the Middle East that attract Chinese investors, investment from the US continues to maintain its attractiveness and importance.

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[Envelope Budgeting Method] Successful Debt Repayment and Entrepreneurship Earning a Million Savings Method

[Envelope Budgeting Method] Successful Debt Repayment and Entrepreneurship Earning a Million Savings Method

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.

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Parents Supporting Their Son's Entrepreneurship and Willing to Share Parenting Experiences

Parents Supporting Their Son's Entrepreneurship and Willing to Share Parenting Experiences

The 10-year-old son of Liu Luangong, former chairman of China Trust (0127), and his wife Chen Kaiyun recently launched a self-created tabletop game called "Arctic Party". In addition to entrepreneurship, they also hope to raise people's awareness of environmental protection. The couple strongly supports their children's entrepreneurial ideas, but they must also be mindful of limited cost investment. Gan Bi acknowledges that in the business world, one has to make trade-offs between ideals and practicality. She also generously shares her parenting experience, stating that she is not afraid of her children's failures; what she fears most is that they won't dare to try. She believes that while success is important, failure is not a big deal. What matters is having the courage to try and not being afraid to grow through experimentation.

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Outdoor Equipment Store Faces Challenges, Entrepreneur YouTuber Joyee Struggles with Transformation

Outdoor Equipment Store Faces Challenges, Entrepreneur YouTuber Joyee Struggles with Transformation

Recently, many outdoor equipment stores have announced closures, and one hiking YouTuber, Joyee, is also facing the challenge of a decline in business. His store is filled with over a thousand pairs of hiking shoes, but he lacks the necessary funds for transformation. Despite offering a store-wide promotion of 50% off hiking shoes for several months, he is still struggling to manage his inventory. Additionally, he must address the issue of his lease expiring in September. He stated that if he can't resolve these problems, the store will be unable to continue operating.

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DAISO CEO Yano Hiroshi: The Legendary Story of a Bankrupt Fisherman with 7 Million Debt to an International Business Owner

DAISO CEO Yano Hiroshi: The Legendary Story of a Bankrupt Fisherman with 7 Million Debt to an International Business Owner

DAISO is a retail chain known for its low-priced yet good-quality products. It has numerous branches, including the popular DAISO $12 stores where every item is priced at HKD 12. However, the history of DAISO's development and the entrepreneurial journey of its founder, Hirotake Yano, may not be well known among Hong Kong people. Before starting DAISO, Yano was a bankrupt fisherman with a debt of 7 million Japanese yen. Nevertheless, he successfully transformed himself into an international business owner and established DAISO. This is a legendary story.

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Chill Level Market 2023 - Youth Entrepreneurship Bootcamp: The Best Stage for Young People to Discover Business Opportunities

Chill Level Market 2023 - Youth Entrepreneurship Bootcamp: The Best Stage for Young People to Discover Business Opportunities

The Youth Employment Start (Y.E.S.) of the Labour Department organizes the Youth Entrepreneurship Practical Day every year, providing training, consultation, and rent-free marketplace for young entrepreneurs. This year's "Chill-Level Marketplace 2023 - Youth Entrepreneurship Practical Day" is now open for application, with a deadline of September 2nd. Shortlisted candidates can set up their own booths and sell their products at the marketplace in the Miramar Plaza in Tsim Sha Tsui on November 4th and 5th. Those who are not shortlisted can also participate in the Self-Employment Retail Expert Toolkit Course. The activities include candle making, handmade leather goods, embroidery, and natural skincare products.

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Zhuhai Youth Entrepreneurship and Employment Exchange Tour: Exploring Entrepreneurship Opportunities and Talent Subsidy Policies

Zhuhai Youth Entrepreneurship and Employment Exchange Tour: Exploring Entrepreneurship Opportunities and Talent Subsidy Policies

The Yau Tsim Mong District Office, the Hong Kong Elite Club, and the Hong Kong Youth Entrepreneurs Association will organize a "Zhuhai Youth Entrepreneurship and Employment Exchange Group" to visit Zhuhai for research on Friday and Saturday (18th and 19th). The purpose of this exchange group is to understand local entrepreneurship, employment, and government talent subsidy policies.

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