Hey there! 😊 Did you know that Hong Kong is buzzing with new ideas and companies? In 2024, Hong Kong set a new record with 4,694 startups! That’s a lot of new businesses bringing fresh ideas to the world.
What is a Startup?
A startup is a new company that is usually small and just beginning. They often have unique ideas or technologies that can change the way we live.
Breaking Records
The number of startups in Hong Kong grew by 10% compared to last year, and that’s about 40% more than in 2020! That’s like having 40 more friends out of every 100 you had before. 🎉
More People Joining In
These startups are hiring too! Nearly 18,000 people are working in these new companies. That’s a 7% increase from last year and about 65% more than in 2020. Imagine how many new jobs and opportunities this brings!
Why the Big Boom?
The growth is happening because the Hong Kong government is supporting new businesses, especially in areas like health and medical and sustainable and green technology. 🌱 This means more cool inventions and solutions to help people and the planet.
Investing in the Future
The government is also launching the I&T Accelerator Pilot Scheme, with 180 million Hong Kong dollars to help bring successful startup programs to Hong Kong. This will help even more new ideas come to life!
Reaching Out to the World
To make Hong Kong an even better place for startups, Invest Hong Kong (InvestHK) is promoting the city around the world. They’re planning to open a new office in Türkiye in early 2025. 🌍 This helps connect Hong Kong with more countries and brings in more opportunities.
What’s Next?
With all these exciting developments, Hong Kong is becoming a hot spot for innovation and new ideas. Who knows, maybe one day you’ll start your own company there! 🚀
Stay curious and keep exploring! ✨
Reference(s):
cgtn.com