Lenovo Hong Kong has announced the signing of a MoU with Cyberport, aimed at supporting Hong Kong’s innovation and technology development and assisting startup growth.
The partnership seeks to combine Lenovo’s global technology expertise with Cyberport’s experience in nurturing startups, providing support from proof-of-concept stages to international market expansion.
Serena Cheung, General Manager of Lenovo Hong Kong and Macau, said,
“Cyberport has been successful in fostering a vibrant startup community. Lenovo understands the challenges and opportunities startups face, and through this collaboration, we aim to leverage our technology, resources, global network, and investment experience to help startups transform innovative ideas into market-ready solutions and accelerate their expansion into international markets.”
Dr Rocky Cheng, CEO of Cyberport, added,
“As a national-level technology incubator, Cyberport is committed to building a robust innovation ecosystem. Lenovo’s experience in the global technology sector will provide technical support, industry insights, and opportunities for global expansion to our community companies.”
Under the MoU, Lenovo and Cyberport will collaborate across several areas, including ecosystem development and startup enablement, strategic marketing and ecosystem engagement, and innovation showcase initiatives.
Lenovo will assist startups in scaling their solutions and participating in Cyberport’s Investors Network, while Cyberport will facilitate operational support and global business expansion.
The partnership will also involve co-organised events, workshops, and training sessions in areas such as AI, cybersecurity, edtech, healthtech, proptech, and the low-altitude economy.
Lenovo will establish an Innovation Center at Cyberport to demonstrate digital solutions and serve as a hub for technology-driven projects, which will be featured to visiting delegations.
Lenovo brings experience in empowering startups, supported by a full-stack product portfolio, service integration capabilities, and a workforce of 3,400 engineers in Hong Kong holding over 100 data and AI-related certifications.
The company leverages its global network, spanning 180 markets and more than 30 manufacturing centres, to assist startups in entering international markets.
Lenovo has invested over HKD 1 billion in Hong Kong’s technology sector, focusing on AI, big data, and cloud computing, and has supported more than 30 local innovation and technology companies.
Collaborations with universities have led to the incubation of over 20 startups, providing support in funding, technology, talent, and market access.
The partnership between Lenovo Hong Kong and Cyberport is intended to strengthen the local innovation and technology ecosystem, offering startups support to scale internationally and develop technological solutions with potential global impact.
Featured image credit: Edited by Fintech News Hong Kong, based on image by rawpixel.com via Freepik