Teams - Entrepreneurship Center - Hong Kong University of Science

Table of Contents
Welcome
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2
Competition Procedure
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3
Teams
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4
Competition Rundown
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6
Schedule of Events
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7
Judges
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8
Awards
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21
Sponsors
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23
Competition Winners
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24
1
Welcome to HKUST 2012 One Million Dollar Entrepreneurship Challenge
Welcome to the Hong Kong University of Science and Technology “HKUST 2012 One Million
Dollar Entrepreneurship Competition”. During this competition 12 finalist teams selected by an
International Panel of Judges out of 89 very good proposals will present their ideas to a panel of
leading Hong Kong executives, professional investors and entrepreneurial academics.
Based on our success in organizing Entrepreneurship Competitions during the last 6 years, and
witnessing the growth of entrepreneurial activities in our region, we opened the competition to all
full-time and part-time students at all levels including post-grads, alumni, researchers, faculty and
staff from all academic departments within HKUST. While we did not limit the topics for
submission, we encouraged applicants to focus on the emerging areas such as nanotechnology,
renewable energy, environment, health, financial services and social enterprises. In addition, we
kept the total prize pool at the impressive level of HKD 1 million, composed of cash and in-kind
contributions, making this year’s Competition yet another remarkable activity for HKUST and for
Hong Kong.
The HKUST 2012 contest will begin with a “Trade Show” competition followed by an exciting
“Elevator Pitch” contest where each team delivers 90 second pitches of their business. The contest
will continue in two parallel “Business Plan” competition sessions, where two out of each group of
six teams will be selected for the “Funding Round” which will result in identifying the three
winners. The winning teams will be announced and their awards will be given during 18 May 2012
Award Dinner which will be held at the Bankers Club, HK.
Congratulations on being selected for the presentation rounds and we look forward to hosting you
and your team in this contest. We wish you a fruitful experience at this contest and all the best in
your entrepreneurial efforts. We believe that the greatest reward for contestants is the feedback
from and exposure to these leading Hong Kong executives and investors.
Sincerely,
Prof. Ali Beba
Chair, HKUST 2012 Entrepreneurship Competition
The Hong Kong University of Science and Technology
2
Competition Procedure
Competition Day (17 May 2012)
The finalist teams will be invited to participate the competition day activities. All finalists will be expected to
participate in all the following activities :
Trade Show : Finalist will display their business proposals on tables that will be made available for them on
the Final competition day. They will use their own display boards and / or digital media as needed.
Elevator Pitch : Each Finalist Team will have 90 seconds to give an uninterrupted pitch, which will be
followed by the feedback by the judges who will consist of representatives from leading PE and VC funds as
well as active angel investors.
Business Plan (BP) Presentations : Each Finalist Team will have 15 minutes to give an uninterrupted
Business Plan presentation followed by up to 12 minutes of Q&A and 3 minutes of feedback by the judges as
to how their business plans can be further improved and developed for future activities. At the end, only four
teams will be selected for the Funding Round Presentations.
Funding Round Presentations : Four selected finalist teams will make their BP presentations to a new set of
judges, by following the procedure and timing identical to their 1st round presentations where three winners
will be decided.
Judges Deliberation : Judging criteria will be business viability, revenue, job creation, sustainability as well
as profit or social impact potential. The Trade Show, Elevator Pitch and Business Plan Presentations each
will have their own specific criteria for evaluation and the team of judges will also change.
3
Teams
Team 1
Abacus Ltd
Summary
Team Members:
Cloud based scientific computing program that enables users to build customized programs and accelerate their computation
Zhou Tao, Sheng Zhonghua, Zhao Jihong
Team 2
Clean Water Technology, Ltd
Summary
Design and build novel industrial wastewater treatment plants thereby minimize fresh water consumption and pollution
Team Members
Ka Yip Fung, Ka Ming Ng, Zhi Yi Deng
Team 3
Dipline
Summary
Creative light products while making positive contributions to environment
Team Members
Jean-Christophe Lambert, Jenny Wong Wing Sze
Team 4
3D Print Place
Summary
Enable the widespread use of 3D printing in homes and businesses
Team Members
German Veisman, Daniel Jacker, Sebastian Sommer
Team 5
Finex
Summary
Facilitate SME's better management with IT systems focusing on staff activity
and process automation
Team Members
Donglei Chen, Qiankai Zhong, Shaqing Zhang
Team 6
Green ACE
Summary
Energy efficient cooling systems for buildings and industrial applications
powered by solar and waste heat
Team Members
Tso Chi Yan, Sze-To Gin Nam, Wu Chili, Chan Ka Chung,
Christopher Y H Chao
4
Teams
Team 7
iTorr
Summary
Development of diagnostic and treatment devices for the eye, production / marketing patented products to clinical professionals
Team Members
David C C Lam, Ko Wai Lun, Leung Ka Kit
Team 8
Joy Aether
Summary
Mobile solution to empower search and user produced videos and enable video
creators to easily produce their products
Team Members
Leo Lau, Ricky Lui
Team 9
Minimize
Summary
MicroElectroMechanical Systems (MEMS) based sensing solutions the civil engineering and other measurement industry
Team Members
Ooi Ghee Leng, Leung Meiling, Li Xiaoya, So Chun Fung, Tan Pin Siang
Team 10
Neoid Limited
Summary
High performance RFID tagging solutions including innovative RFID tags and
RFID tag testing and encoding
Team Members
Bo Gao, Quan Gan, Yunxiao Ling
Team 11
uCare
Summary
Diagnose and control iodine deficiency and related diseases
Team Members
Jin Ming, Guo Richard, Sun Bowen, Leung Kim Hoi Freddie, Li Xiu Yuan
Team 12
WaBit
Summary
Smartphone/tablet application that allows end users to interact with the show they
are watching
Team Members
Stavros Papadopoulos, Nikolaos Armenatzoglou, Andreas Santikos
5
Competition Rundown
HKUST 2012 Entrepreneurship Competition
17 May 2012 (Thursday)
HKUST Business School Central
10:30 am
Registration
10:30 am —11:30am
Setup Trade Show Tables
12:00 pm—1:00 pm
Trade Show with Lunch Reception
1:00 pm—1:30 pm
Elevator Pitch Contest (Room 1)
** 90 seconds for each team **
1:30 pm—2:00 pm
Coffee Break
2:00 pm—5:00 pm
Business Plan Presentations - 12 Finalist Teams
** 15 mins presentation, 12 mins Q&A, 3 mins feedback by the judges**
◆
◆
◆
Competition will take place in 2 different rooms : 6 teams per
room
Judges will nominate the top 2 teams from each room for the
final Funding Round
30 minutes per team : 15 mins presentation, 12 mins for Q&A
and 3 mins for feedback
5:00 pm—6:00 pm
Tea Reception
Announcement of teams selected for the Funding Round
6:00 pm—8:00 pm
Funding Round Presentations
** 15 mins presentation, 12 mins Q & A, 3 mins feedback by the judges**
◆
◆
4 selected teams will make presentations to a new set of judges
30 minutes per team : 15 mins presentation, 12 mins Q& A and
3 mins feedback
6
Schedule of Events
12:00pm – 1:00 pm
Trade Show
Judge Panel : Elaine Ann
Mitchell Tseng
Simon Squibb Patrick Yue
Faina Shurer
1:00pm – 1:30pm
Judge Panel :
Steven Book
Jacob Fisch
John Mok
Stephen Nason
Jeff Ng
Elevator Pitch Contest (Room 1)
Teams :
1. Minimize
7. 3DPrint Place
2. Clean Water Technology Ltd
8. Joy Aether
3. iTorr
9. Neoid Ltd
4. Finex
10. Dipline
5. uCare
11. Abacus Ltd
6. WaBit
12. Green ACE
2:00pm – 5:00 pm
Business Plan Presentation
Concurrent Session in Room 1 and Room 2 as listed below:
Room 1
Judge panel: Pascale Fung
Patrick Keen
uCare
Minimize
Green Ace
Neoid Limited
Joy Aether
3D Print Place
2:00pm – 2:30pm
2:30pm – 3:00pm
3:00pm – 3:30pm
3:30pm – 4:00pm
4:00pm – 4:30pm
4:30pm – 5:00pm
Joop Litmaath
Allen Yeung
2:00pm – 2:30pm
2:30pm – 3:00pm
3:00pm – 3:30pm
3:30pm – 4:00pm
4:00pm – 4:30pm
4:30pm – 5:00pm
Judge panel : Benno Jaeggie
Penger Tong
Abacus Ltd
Finex
Clean Water Technology, Ltd
iTorr
WaBit
Dipline
5:00pm – 6:00 pm
Tea Reception
5:30pm
Announcement of the 4 finalist teams selected for the Funding Round
(2 teams from Room 1 & Room 2)
6:00pm – 8:00pm
Funding Round Presentation (Room 1)
Room 2
Judge Panel : Johnson Cha
Yuk Lam Lo
Eden Woon
8:00pm – 8:30pm
Marvin Lai
Po Chi Wu
Ron McEachern
Laurence Franklin
Jose Rueda
Lo Wai Shun
Robert Lee
Beverly Sunn
Judge Deliberation at the Conference Room
End of the Competition
7
Judges and Mentors
Nikhil Agrawal
Founder and Managing Director of Asia Web Services Ltd
Nikhil Agrawal is the Founder and Managing Director of Asia Web Services Ltd, a Cloud
Computing Service Provider. Nikhil co-founded the company in 2007 and has been running it
successfully ever since. Nikhil also started an IT and Web Consultancy company in 1998
which has recently been acquired. Nikhil has grown up in Hong Kong since 1980, and has
obtained his Undergraduate from Columbia University in New York, and an MBA from HK University of
Science and Technology in 2001.
Elaine Ann
Kaizor Innovation
Elaine has helped multiple Startups in Hong Kong with their User Experience and Business
Strategy including CNNGo, iMerchants, GoAnimate, Wisers, Darizi etc. She is a veteran of the
early dot-com era in the mid 90's and have lived and worked in the U.S. for 12 years. Her
company Kaizor Innovation is a strategic innovation consultancy that helps Western companies
strategize and innovate for the China market for the past 10 years with clients such as HP, P&G, BMW
Designworks USA, CNN, etc…Elaine did her Masters and undergraduate at Carnegie Mellon with an MDes
in Interaction Design and has an EMBA with the Cheung Kong Business School in Beijing and is also a
Stanford Exec Ed alumni of the Design Thinking Bootcamp. She also taught User-Centered Innovation at
HK PolyU Masters level and is also on the advisory board of the design school's curriculum as well as at IVE.
Donald Austin
Founder and Managing Director, Austin Pacific Ltd
Mr. Austin is the founder and Managing Director of Austin Pacific Ltd., an Asian-based
provider of IT and Business Services to multi-national corporations. Austin Pacific delivers a
unique blend of international problem solving and project leadership experience with a strong
financial, business process, and technical background. Mr. Austin and his teams have partnered
with clients throughout Asia and the Middle East to implement complex Systems, Business Process
Improvements, and Outsourcing Solutions. Prior to founding Austin Pacific, Mr. Austin worked in senior
positions in the Business Consulting teams of both PricewaterhouseCoopers and IBM where he was
responsible not only for delivering solutions for key clients across Asia. Mr. Austin was educated in the
United States and has a Bachelor of Arts in History and a Masters of Science in Information Technology.
Ali Beba
School of Business & Management, HKUST
Prof. Beba received his PhD in chemical engineering from the University of Tulsa, Oklahoma,
USA. In his 30+ years of profession, he has worked extensively in and outside of Turkey for a
range of public and private institutions as well as NGOs, including Smithco Engineering Inc,
Procter & Gamble, UNEP, EU and WB. He taught engineering,business and entrepreneurship in academic
institutions including Colorado State University in the USA; Ege, Yıldız Technical Universities and Ozyegin
University in Turkey. He was the Academic Director for the Center for Entrepreneurship of Ozyegin
University in Istanbul where he taught entrepreneurship to UG and MBA students and executed international
outreach entrepreneurship activities such as, the Goldman Sachs Foundation (GSF)’s Global 10000 Women
Entrepreneurs Program, European Forum for Entrepreneurship Research (EFER) and Life Long Learning
(LLL) projects for EU. Prof. Beba is currently a consultant at HKUST MBA Programs, and he is Director of
the HKUST Entrepreneurship Center.
8
Judges and Mentors
Steven Book
Hon. Chairman, The Entrepreneurs’ Network (TEN)
Steven Book is Honorary Chairman of The Entrepreneurs’ Network (TEN), the largest
non-profit organization in Hong Kong dedicated to entrepreneurship. Steven has been a
product developer, marketer, inventor, manufacturer and creative entrepreneur for more
than 30 years. He started his first China manufacturing venture in the late 1980’s. Steven Book is
CEO of Bok See Wei Resources Ltd. in Hong Kong, and serves as non-executive director on the board
of several manufacturing-oriented companies in Hong Kong and China. He is a long-time mentor to
both established and aspiring entrepreneurs in both Hong Kong and China, especially in the areas of
product development and marketing.
Johnson Cha
Chairman, C M Capital Corporation
Mr. Johnson Cha has over 30 years of experience in financial services and technology and
portfolio investments in the Silicon Valley and Asia. He is a director of HKR
International Ltd. (HKEx listing code: 0480), Hanison Construction Holdings Ltd. (HKEx
listing code: 0896), Shanghai Commercial Bank Ltd. (HK), and China International Capital
Corporation Ltd. (PRC). He also serves on the boards of various non-profit institutions including Qiu
Shi Science Technologies Foundation, Moral Education Concern Group, The Council and Investment
Sub-committee of The Chinese University of Hong Kong; and previously, The Innovation and
Technology Commission of Hong Kong, The Croucher Foundation, Stanford University Graduate
School of Business, University of California in San Francisco, University of California in Los Angeles
and University of San Francisco.
Feliciana Cheung
Deputy General Counsel, Hong Kong Monetary Authority
Feliciana Cheung is a Deputy General Counsel of the Hong Kong Monetary Authority (“HKMA”)
advising the HKMA on the legal aspects of all of its activities (with current focus on financial stability
issues and international projects, banking policy, conduct and supervisory matters, payment system/
market infrastructure, monetary policy, and external relations), and being involved in formulating
policies for, and the planning and implementation (including preparing drafting instructions for
legislation) of, the HKMA’s projects and initiatives.
K O Chia
Director, Grace Financial Ltd
K O Chia is Director of Grace Financial Ltd., a Hong Kong family office. He had 30-plus
years international experience as a hi-tech corporate executive, a hi-tech entrepreneur
before embarking into U.S.-Asia private equity-venture capital investment. His current
passion is in Social Impact investments where he attempts to bring together the private equity
discipline, entrepreneurial approach to socially focused projects for double bottom line returns in this
nascent but emerging industry.
9
Judges and Mentors
K M Chow
Corporate General Manager, Automatic Manufacturing Limited
Ir. Dr. KM Chow, has 20 years of progressive and extensive experience in engineering and management with different local and multinational companies in Hong Kong. Currently he is the Corporate
General Manager of Automatic Manufacturing Limited (AML), responsible for formulating creative
corporate strategies and developing organizational concepts, portfolio management, maximizing the
research and development resources of the Company and also leads the corporate technology unit to support member companies. He delivers practical lectures and on-job training to sharpen the skills of the staff forces. Dr. Chow
holds 13 patents in various technological fields, including electronic design, software operating systems and mechanical designs. He is active in enhancing the academic-industrial links with local universities.
David D. Chow
Head of Principle Investment Group, China Development Industrial Bank
David joined China Development Industrial Bank in last December as the head of the Bank’s Principle
Investment Group, and is responsible for CDIB’s direct investment activities with a focus on the
Greater China region. David has close to twenty five years of venture investment, law and operations
experience. For the period of six years before joining CDIB in December, 2011, David founded CTC
Capital, an established technology venture/growth capital firm headquartered in Taiwan but with presence in
Shanghai, Suzhou and Beijing. Prior to founding CTC Capital in March, 2006, David has been a General Partner of
Pacific Venture Partners (“PVP”), one of the largest venture capital firms in Asia headquartered in Taiwan, since
1999. He was an integral member of PVP’s management team and built PVP’s operations in China and Singapore. In late 2000, David helped PVP raise a US$355 million global fund with such prestigious investors as GIC,
ADIA, and AlpInvest. David is a candidate for Ph.D. degree with a concentration on international law at the Peking University. He holds an LL.M. degree from Harvard Law School, and an LL.B. degree from Soochow University School of Law.
Chris Doran
Executive-in-Residence, School of Business & Management, HKUST
Mr. Chris Doran is currently the Executive-in-Residence at HKUST Business School. Meanwhile, he
is the CEO Asia, Hong Kong of Strategic Thinking Group, an international Group of leading strategy
practitioners who assist CEOs of organizations around the world. Prior to that, he was the Director of
Strategic Planning and Development, Hong Kong of A.S.Watson which is the world’s largest Health
and Beauty retailer with over 7,000 stores in 34 markets in 2005-2007. Before he moved to Hong Kong, he held a
number of senior positions in strategy development in UK and US. He holds an MBA from INSEAD, MEng in
Manufacturing Engineering and MA in Engineering in Cambridge University, UK.
Steven John DeKrey, Ph.D.
Senior Associate Dean, Director of Masters Programs, Adjunct Professor of
Management, HKUST
Prof DeKrey is currently Senior Associate Dean and Director of MBA/MSc Programs at the Hong
Kong University of Science and Technology, and is Founding Director of the Kellogg-HKUST Executive MBA Program and Adjunct Professor in Management. From 1989-1995, Prof DeKrey was Director of MBA Programs at the University of Florida. Prior to that, he was Assistant Dean and Director
of Admissions and Financial Aid at the Kellogg School of Management at Northwestern University and Assistant
Professor from 1983-1989. Prof DeKrey also served as consultant to Sasin Graduate Institute of Business Administration at the Chulalongkorn University in Thailand from 1984-1989. Prof DeKrey is active in the Hong Kong
community having served as President of the Kowloon Rotary Club, current member of Rotary Club of Hong Kong
and on the Board member of the American Chamber of Commerce and Junior Achievement Hong Kong. Prof
DeKrey holds a PhD degree from the University of Iowa in School Psychology and an MBA degree from Northwestern’s Kellogg School.
10
Judges and Mentors
Jacob A. Fisch
Co-founder of Nest
Jacob Fisch is a co-founder of Nest, which invests in and supports early-stage businesses. Prior to Nest,
Jacob was the Director of Corporate Development for the Li & Fung Group, where he focused
primarily on sourcing and executing M&A transactions for the Group’s private and publically-listed
companies. Jacob was previously Senior Vice President and General Counsel for Li & Fung Limited,
the world’s largest publically-listed export trading company. Earlier in his career, Jacob was a
corporate attorney with leading international law firms in New York, Hong Kong and Shanghai. Jacob is a term
member of the Council on Foreign Relations, and a member of the Hong Kong Forum, and the Hong Kong's Business
and Professionals Association. Jacob speaks and reads Mandarin. He graduated from Harvard Law School (J.D.) and
with honors from Columbia University (B.A.) where he studied East Asian Studies and Political Science.
James Fok
Executive Director, Group Sense (International) Limited
Dr. Fok is an Executive Director of Group Sense (International) Limited (GSI), an electronics company
listed on the main board of the Hong Kong Exchanges. He is responsible for the strategic operations of
GSI. As part of his duties at GSI, Dr. Fok has been involved in reviewing, vetting and coaching a
number of technology start-up companies since 1999, facilitating funding of more than 20 companies in
the form of angel capital. Dr. Fok is now also the CEO of the Asia Intellectual Capital Alliance Limited, a joint
venture company formed by GSI and its Swedish partners that assists technology new start-up companies to make
better use of their intangible resources in achieving faster growth. Dr. Fok is a Member on the Committee on
Information Technology Training and Development, Vocational Training Council, Sector/Subject Specialist of
Hong Kong Council for Accreditation of Academic & Vocational Qualification, a Member on the Advisory
Committee for the Knowledge Management Research Centre of the Hong Kong Polytechnic University and a
Member on Executive Committee for Modern Enterprise Integration and Innovation.
Laurence C. Franklin
Adjunct Professor, Departmet of Finance, HKUST
Professor Franklin has been a consultant to many multinational companies for their Asian business. A
partial list includes : Amoco, Arco, Bechtel, Conoco, Dow, Firestone, Freeport-McMoran, General
Foods, Hewlett-Packard, Hilton, Koppers, Marriott, McDonald’s, Midlantic, PPG (US); CNOOC (oil),
CNCDC (coal)(China); Samsung, HKR (Hong Kong); the Philippine Government, Philippine Long
Distance Telephone, Piltel (Philippines); PT Astra, PT Samudera (Indonesia); Pratt Group (Australia);
Zeneca (UK); Alcatel, Le Meridien (France); Nedlloyd (Netherlands); Norsk Hydro (Norway) and IMPSA
(Argentina). Professor Franklin has taught more than 200 EMBA, MBA, BBA and law courses at HKUST and other
premier universities such as Stanford, Kellogg and MIT Sloan.
Pascale Fung
Associate Professor, Department of Electronic & Computer Engineering, HKUST
Professor Fung has been a faculty memeber of the Department of Electronic & Computer Engineering
at HKUST since 1997. She initiated and is the current Director of International Centre for Advanced
Communications and Computing Technologies HKUST. She co-founded the Human Language
Technology Center (HLTC). Professor Fung received her PhD in Computer Science from Columbia
University in 1997. As a fluent speaker of six European and Asian languages, Professor Fung has been particularly
interested in multilingual speech and natural language processing topics. She has been a panelist and reviewer for the
US National Science Foundation, the French Agence Nationale de la Recherche, and Hong Kong Research Grants
Council. Professor Fung is a serial entrepreneur who has founded a number of IT ventures in the business of
providing audio, speech and natural language technology and solutions to the Greater China market. Her venture
stories has been featured by the Wall Street Journal, CNBC, the Far East Economic Review, and the South China
Morning Post, among others.
11
Judges and Mentors
Douglas Glen
Aidyia
Doug Glen has more than 35 years’ experience as a venture capitalist, media entrepreneur, and operating executive. He is Entrepreneur in Residence at Hong Kong’s M-Lab, a new business incubator operated by Polytechnic University. At M-Lab, Doug has funded and mentored one or two new companies a year for the past several years. Previously, he was managing partner of a media-oriented venture fund, CEO of Imagi Studios, Chief Strategy Officer of Mattel Toys, Group Vice President of
Sega, and General Manager of LucasArts Entertainment.
Benno Jaeggi
Immediate Past President, HKUST MBA Alumni Association
Currently a Regional Business Manager at ANZ Bank where his focus is on Strategy, Analysis and
Business Execution across Global Markets Asia-Pacific, Europe and America. Prior to ANZ Benno held
similar roles at ABN Amro Bank and Royal Bank of Scotland and used to be a consultant for Holcim,
the largest cement manufacturer in the world, where he had the opportunity to manage projects in more
than 25 countries. Since his graduation from the HKUST MBA in 2006, Benno is part of the HKUST
MBA Alumni Association Executive Commitee and a member of the Alumni Advisory Board of the HKUST MBA
program. He holds Lic. Oec. HSG from the University of St. Gallen, Switzerland.
Barry Jones
Principal, Maroon Ventures Ltd
Barry Jones specializes in taking part time / interim CFO roles in fast growing private companies. His
clients come from a broad range of industries, including Cement, Wine, Financial Services, Healthcare and Clean Technology. Prior to founding Maroon in 2007, Barry spent 13 years working in public accounting and investment banking with KPMG / Credit Suisse in London, New York and Hong
Kong. Barry is active in the venture capital community. He represented Angels Den at the start of
their launch into Asia, by screening deals and coaching entrepreneurs to pitch. He is a regular speaker on entrepreneurship and capital raising. Barry holds an MBA (High Honors) from the University of Chicago Booth School Of
Business and a BA (Hons.) in Accountancy and Economics from the University of Newcastle-upon-Tyne. He is a
Chartered Accountants, and also holds the CFA / CAIA qualifications.
Patrick Logan Keen
Founding Partner, The ChinaVest Group
Mr Keen is a Founding Partner of The ChinaVest Group, one of the first venture capital/private equity
firms for Greater China. Beginning in 1985, ChinaVest raised and invested five funds totaling approximately US$300 million on behalf of US and European pension funds, endowments, charitable
organizations and high net worth individuals. The Group’s investment focus included light manufacturing, consumer services, logistics and distribution. Mr Keen, a graduate of the University of Texas at Austin, has
lived in Hong Kong for over thirty years.
Nilufer Koschalka
Assistant MD, Trelock GmbH
Ms Koschalka graduated from the Faculty of Business Administration of Bosphorous University in
1979 in Istanbul, Turkey and worked as the chief sales planner officer for domestic and international
sales at Sise Cam, which is the largest glass manufacturing company in Turkey in between 1980 – 1990.
She represented a French style company, Carlin, in promoting their style collections to Turkish manufacturers during
1994-1999. In between 1999-2006 she was the administrative assistant to the Dean of Engineering and later to the
Provost of Koc University. Since 2006, she has been working in Hong Kong branch of Trelock GmbH as the assistant
MD, responsible for all the production, logistics, and sales activities for all Asian outlets and the Canada office.
12
Judges and Mentors
Marvin Lai
Managing Principal, Burgeon Group Consulting Ltd
Mr. Marvin LAI is Managing Principal of Burgeon Group Consulting Ltd., Senior Advisor to
LionRock Capital Ltd. (HK) and ES Capital Group, and co-Chairman of the Venture Committee of
Hong Kong Venture Capital and Private Equity Association (HKVCA). Mr. Lai has over 25 years’
experience in financial services (venture capital & private equity), technologies
(telecommunications, IT), and consumption. Prior to Burgeon, Mr. Lai was Senior Partner at ES
Capital where he was responsible for its Asian Principal Investment Advisory (PIA) and private
placement opportunities. Mr. Lai is Fellow of Hong Kong Institute of Director (FHKIoD), Professional Manager
(PMgr) designation by Hong Kong Management Association, Member of Hong Kong Securities Institute (MHKSI),
President of Hong Kong INSEAD Alumni Association, member of WPO, and Deputy Assistant Governor (20112012) of District 3450 of Rotary International. Mr. Lai holds EMBA from INSEAD and Beijing Tsinghua University
(SEM), M.Sc. in Financial Management from University of London, M.A. (Management Research) from Macquarie
University (MGSM), M.Sc. in Electrical Engineering from Johns Hopkins University and B.Sc. in Electrical Engineering from Columbia University.
Alvin Lam
Group CEO, PacificLink iMedia Ltd.
Alvin Lam, CEO of The PacificLink iMedia Group with 200 staff, is the investor of 4 related subsidiaries. He founded the PacificLink iMedia Group upon graduation from HKUST with a BBA degree
in Finance in 1998. Since its inception in 1999, the Group has established itself as a leading digital
agency with a clientele of top-tier brands. Dozens of creative awards has been bestowed over
the years.
Since 2006, Mr. Lam further expanded his business by focusing his attention on strategic planning and business
reengineering. He regularly meets with business owners in technology and marketing fields to look for the
right investment proposals. Prior to his engagement in capital raising and M&A, he has handled
a buyback of majority shares from a listed company.
Mr. Lam's entrepreneurial background has been featured in different major media. He has been frequently invited as judge and featured speaker at different seminars, forums and MBA and EMBA classes.
Herman Lam
Chief Executive Officer, Hong Kong Cyberport Management Co Ltd
Mr. Herman Lam is the Chief Executive Officer of the Hong Kong Cyberport Management Company
Limited, and is responsible for leading, representing and administering the company as well as playing
a prominent role to promote and implement Cyberport’s public mission strategies. Within the public
mission arena, Mr. Lam sets the initiatives with comprehensive programmes in assisting the development of Hong
Kong as a hub for innovation and trade in ICT, and encouraging the development and upgrade of ICT skills and
resources in the wider community of Hong Kong. Mr. Lam is also active in community affairs and industry development serving different statutory bodies such as the Digital 21 Strategy Advisory Committee, Industry Facilitation
Task Force, the Hong Kong Trade Development Council ICT Services Advisory Committee, the Hong Kong ICT
Awards Steering Committee, the Hong Kong Computer Society Council, Internet Professional Association, Hong
Kong Wireless Technology Industry Association, Wireless Services Value Chain Cooperation, the Digital Solidarity
Fund Committee, the Information Systems Departmental Advisory Committee of City University of Hong Kong
and the Innovation and Technology Scholarship Award Scheme Administration Committee. Prior to his tenure with
Cyberport, Mr. Lam was the General Manager of Microsoft Hong Kong Limited. He holds a MBA in Business
Computer Information Systems and a Bachelor’s degree in Business Administration from The University of North
Texas in the United States.
13
Judges and Mentors
Stuart H. Leckie
O.B.E., J.P., F.I.A., F.S.A.
Mr. Stuart Leckie is based in Hong Kong and advises on investments and pensions in Hong Kong
and Mainland China. He is the author of books titled “Pension Funds in China” and “Investment
Funds in China”. He is the Founding Chairman of the Hong Kong Retirement Schemes Association and is a Member of the CFA Institute Advisory Council. Mr. Leckie has served as the Chairman of Watson Wyatt in Asia - Pacific and as Chairman of Fidelity Investments, Asia-Pacific. He has advised the Chinese
Government on pensions reform and advised the Hong Kong Government on the establishment of the Mandatory Provident Fund.
Robert Lee
Professor in Entrepreneurship Practice, The Chinese University of Hong Kong
Dr. Robert P. Lee is a 35-year pioneer of the high-tech industry, spending the first half of his career in
Fortune 100 companies, and then became a serial entrepreneur. He is Professor in Entrepreneurship
Practice at The Chinese University of Hong Kong where he is also Associate Director of the MBA
Programme, the Executive Director of the Center for Business Innovation & Globalization and an
Executive Committee member of the CUHK Center for Entrepreneurship. He is Executive Chairman and Cofounder of Achievo Corporation (one of the largest China IT services companies). He was also CEO of Accela
which became the dominant government software firm in the US. In 1995, he took Insignia Solutions (software)
public on NASDAQ. Dr. Lee grew up in Hong Kong. He holds PhD and MS degrees from UCLA, and a BA
from UC Berkeley, all in computer science. He resides in the Silicon Valley, Shanghai and Hong Kong.
Joop Litmaath
Chairman, Scarfell Enterprises Limited
Mr Joop Litmaath graduated from “Nijenrode” University in 1955. He arrived in Hong Kong in
1963 and held several management positions with the worldwide Hagemeyer Group. He then
became Managing Director of Sembodja Hong Kong Ltd., the first Dutch company active in P.R.
China. In 1981 he founded Scarfell Enterprises Limited, which entered into an exclusive agreement
with South Star, a manufacturer of pet toys and accessories in Heshan, Guangdong Province, P.R.China. This
specialized trade is now the mainstay of Scarfell’s business. He is still Scarfell’s Chairman. He has been active in
business Associations like the Hong Kong General Chamber of Commerce (Board member from 1992 till 2004)
and now a Council member, D.B.A. (founding member and Vice Chairman of the Dutch Business Association)
now called the Dutch Chamber of Commerce in Hong Kong since 1991. Since 2007 he is a Honorary member of
TEN (The Entrepreneurs Network). In 1996 he received a Knighthood in the order of Orange-Nassau from H.M.
Queen Beatrix of the Netherlands and in 2005 the DutchCham honored him with its “Life-time Achievement
Award”.
Lo Wai Shun
Adjunct Associate Professor, Chinese University of Hong Kong
Dr Waishun Lo has over 20 years of experience in the telecommunications, technology, and software industries. He helps consulting clients create and implement strategies in the mobile content,
payment, digital media, Web 2.0, IP and Innovation areas. His previous experience includes positions with Bell Labs, Cable & Wireless Innovation, Hong Kong Telecom, and S Venture. He had
served six years as panel of assessors of Small Entrepreneurs Research Assistance Program and eight years as
Director of the Young Entrepreneurs Development Council. Recently, he has been consulting to PE Firm and
incubating several startups in Hong Kong and China. Dr Lo was a Senior Researcher at Harvard Business
School’s Asia-Pacific Research Center. He also teaches regularly on Entrepreneurship and Innovation at the
EMBA and MSc level at CUHK, where he is an Adjunct Associate Professor. His expertise and current interests
include Intellectual Property, Business Models, Technology Transfer and Commercialization, and Innovation. Dr Lo holds Bachelor of Science and Masters of Philosophy degrees from CUHK, a Ph.D. from Brown
University, and has executive management training from INSEAD.
14
Judges and Mentors
Lo Yuk Lam
Senior Director , QuestMark Asia Limited
Professor LO Yuk Lam has previously served as CEO and Chairman of two multinational US S&P
500 companies. He is currently the Chairman of the Chinese Manufacturers’ Association of Hong
Kong – Innovation and Technology Committee, and the Honorary Life Chairman of Hong Kong Biotechnology Organization. Professor Lo is a Consultant for the Chinese Centre for Disease Control and
Prevention and Vice Chairman of CMA Testing and Certification Laboratories. He is also Adjunct Professor at The
Chinese University of Hong Kong, Special Advisor to The Hong Kong University of Science and Technology,
Court Member of the Hong Kong Baptist University and Honorary Professor in several universities in Mainland
China. Professor Lo has been awarded the Honorary Fellowship by The Hong Kong University of Science and
Technology and is heavily involved with several committees with the HKSAR Government.
Roger Marshall
Managing Director, Persimmon Capital
Roger Marshall is Managing Director of Persimmon Capital Limited, an investment management and
advisory firm that he founded in 1999 specialising in private equity adventure capital. Roger is an
active investor and is developing a number of businesses in his area of focus – principally asset based
businesses in food processing, leisure and healthcare. He is an executive director of Leisure Capital
Group, a developer and manager of leisure and recreation facilities, principally in China. He is also a
Director of the Young Entrepreneurs Development Council, where he has participates in the management of the
YDC E-Challenge, a business plan competition for university students in Hong Kong. He is particularly involved
in developing early stage funding and is a founder member of the Hong Kong Business Angel Network.
Ron S McEachern
Adjunct Professor, School of Business and Management, HKUST
Ron is an Adjunct Professor in the HKUST School of Business and Management. Ron was previously
the President of PepsiCo Asia, responsible for all of PepsiCo’s snack and beverage businesses spanning China, India, South Asia and the Pacific Rim countries. Ron is the founding CEO of Strategic
Solutions Group – Asia, a consulting company that provides advice on Asian market entry, executive
coaching and private equity advisory services. Prior to his Asian assignment, Ron held numerous assignments with PepsiCo in North America and Europe. Ron started his career in Marketing with Procter & Gamble
and holds an MBA in Finance and Marketing from York University in Toronto and a BSc in Biology from Queens
University in Kingston, Ontario.
Ir Prof John Mok, FHKIOD FHKIE
Co-founder and Chairman of Automatic Manufacturing Limited
Prof. John Mok, Co-founder and Chairman of Automatic Manufacturing Limited (AML) since 1976,
holder of BSc., DMS, D.Mgt, FHKIOD & FHKIE, has over 43 years solid experience in engineering
& manufacturing of electronics and biomedical products. He won Director Award 2005 by HKIOD,
Outstanding Entrepreneur Award 2009 by Asian Pacific Entrepreneurs Association. He serves as visiting Professor at Jinan University since 2009, Founding Chairman of the HK Medical & Healthcare Device Industries Association; Industry Advisor and Committee Chairman to four universities in Hong Kong, past advisor of
HK Trade Development Council and HK Government Industry Department. He set up AML's Corporate University in 2003 and led AML Group in winning the Quality Grand Award 2004, Productivity & Quality Award 2005,
Mold & Die Award 2007 and Machine Design Grand Award 2008 for HK Industries. John also serves community
organizations as Independent Non Executive Director (INED), Angel Investor and Mentor in Technology Commercialization, Entrepreneurship and SME Governance.
15
Judges and Mentors
Mehmed Narin
CEO, Qumbet Group United Asia Holdings
Mr. Narin set up United Asian Holdings Ltd. in China 1997, He devoted his brainstorm in urban design
and city furniture, with which the brand Qumbet™ was built up to cater the needs of urban decoration to
create network for outdoor advertising and consumer retail sectors in China. The Ministry of China Post
honoured this work as a Pilot Scheme and Pilot Work in 2001. Qumbet™ become a solution partner of
Newspaper & Magazine publisher, distributor and consumer retail chain and additionally outdoor advertising firms in
global presence from China to India, Middle East, Europe and USA. Mr. Narin also engaged in project development
with investment banks and private equity funds together with Perry Capital and Farallon Capital that majored its
interests in Turkey and Asia markets. Mr. Narin was the founding partner of (ASAP) Asia Strategic Advisory Partners. As a universal Entrepreneur, to improvement of (SPP) Solution Provider Partnership is his best practice.
Stephen Nason
Adjunct Associate Professor, Department of Management, HKUST
Prof Nason has taught in a wide range of UG and MBA programs at HKUST, including the full time,
part time, executive, and company specific MBA programs. He has received official “letters of commendation for excellent teaching” from the dean for each semester that he has taught and his teaching
evaluations are consistently in the top 10% of the University. Prof Nason has worked with a variety of
organizations, including Samsung Electronics, Cisco, Motorola, and the Health Care forum. He was
the Director of the HKUST International MBA Business Plan Competition, and is the Director of LABU (Language
-Business case program) for the School of Business and Management.
Estella Ng
Chief Financial Office, Country Garden Holdings Company Ltd
Estella Ng is the Chief Financial Officer of Country Garden Holdings Company Limited whose shares
are listed on the Stock Exchange of Hong Kong Limited (the “Stock Exchange”) in January 2008. From
September 2005 to November 2007, Ms. NG was an executive director of Hang Lung Properties Limited, a company whose shares are listed on the Stock Exchange. Prior to her joining Hang Lung Properties in 2003, she was employed by the Stock Exchange, most recently as Senior Vice President of its
Listing Division. Ms. NG is a qualified accountant and holds a Master of Business Administration degree from Hong
Kong University of Science and Technology. She is an associate of The Institute of Chartered Accountants in England and Wales, The Institute of Chartered Secretaries and Administration and a fellow of the Association of Chartered Certified Accountants, the HKICPA and a member of the American Institute of Certified Public Accountants. She has also contributed her time to various public service appointments including being a co-opted member of
the Audit Committee of the Hospital Authority.
Jeff Ng
Founder, Guru Online and Home of the Elderly Consultancy Limited
Mr. Jeff Ng is a young entrepreneur who has founded a leading online marketing company, Guru
Online (www.guruonline.com.hk) and a social enterprise, Home of the Elderly Consultancy Limited
(www.hkelderly.com.hk). Mr. Ng obtained his Bachelor of Economics at the Wharton School of University of Pennsylvania and subsequently worked at McKinsey & Company. His consulting experience
includes risk management of financial institution, M&A, market entry strategy and consumer market
research. He successfully started two companies from scratch and built companies to become leader in
respective area with more than 100 staffs. Mr. Ng is now serving as a vetting committee member of Hong Kong
Business Angel Network, and helps investors and entrepreneurs to achieve their dreams and business targets.
16
Judges and Mentors
Jose Rueda
JA Rueda & Associate
Dr. Rueda is an entrepreneur and scientist focused on technology applications and venture development
in the communications, media and entertainment industry with over 18 years of experience. He has
served on the Board of Canada's Advanced Networking Organization for Research Industry & Education, the Ensis Growth Fund Advisory Committee, International Standards Organization Technical
Committee for Nano Technology, and other listed and private companies and NFP organizations, and
was the Winnipeg Chamber of Commerce’s Director of the Year 2005. For 8 years, he was Director of Data Networking, Operations & Research at the TRLabs in Canada, a consortium of industry, university and government.
Holds a PhD (1996) & MSc in electrical & computer engineering, MBA, registered Professional Engineer (Canada);
over 70 publications & patents, including contributions to the Wiley Encyclopedia of Electrical and Electronic Engineering. He has been a Judge at the Stuart Clark International MBA Competition. He is also a Professor of Game
Development at the Savannah College of Art and Design in Hong Kong.
Faina Shurer
APAC Quality & Change Delivery Executive, Bank of America Merrill Lynch
Ms. Shurer joined Bank of America Merrill Lynch (BAML) in 2006, she relocated to Hong Kong in Q3
2010. Faina has more than 25 years experience in driving large-scale, transformational change efforts
across pharmaceutical, consulting and financial services industries. Most recently, she oversaw the
successful execution of the Sales & Trading portfolio within the Merrill Lynch transition with specific
global responsibilities for transition initiatives in Capital Markets, Credit Valuation Adjustment, Prop
Trading, Global Sales and Market Data Integration. Prior to joining the bank, Ms. Shurer held numerous senior
leadership positions at Prudential and J.P. Morgan Chase in Financial Management, Technology, Operations,
Transformation / Restructuring, Business and Technology Strategy development. Ms. Shurer holds a bachelor’s
degree in International Economics and Finance, from Douglass College, Rutgers University, USA and Strategic
Management and Leadership Certifications from Smith College and Cornell University, USA. Ms. Shurer is currently
an Asia Pacific Diversity & Inclusion Council member as well as a member of the Asia Pacific Global Technology
and Operations Regional Council..
Simon Squibb
CEO of Fluid Group
As CEO of Fluid Group (www.fluidhk.com) for over 10 years in Asia, Simon founded a design and
marketing boutique and turned it into an award-winning globally respected creative agency with a
powerfully diverse list of clients such as Fortune Magazine, CNN, Wall Street Journal, Li & Fung,
Citibank and Starbucks. Now as the CEO of NEST (www.nestideas.com), a company that incubates
business concepts and early stage businesses, Simon is happiest when facing new challenges and
making big ideas happen. Nest provides ample opportunity for him to continue crafting successful concepts, utilising years of experience and expertise, and turning great ideas from Hong Kong into global brands with rocket ship
story potential.
Edmund Sun
SSquare System
Work at GE and Hewlett Packard as MTS and Manager of R&D
Found or Co-Found High Tech companies in Silicon Valley,Tokyo, Seoul, Ireland, Taiwan, Hong Kong
and China ( Total 11) Angel investing and VC consultant. BOD in two company in California and
Taiwan. 3 Founded company ( Weitek, C-Cube Microsystems and DVS ) IPO at Nasdaq , 1 ( Thine
Microsystems ) listed in Jasdaq and 1 (DVS Korea) listed in Kodaq Taught Information Technology in
Engineering School and Entrepreneurship in Business School for the past 6 years as a visiting Professor in National
Chiao Tung University, Taiwan University and Academia Sinica in Taiwan and Beijing university in Shenzhen. Give
seminar at HKUST.
Education and Award:
Ph. D in Applied Physics, Electrical Engineering and Business Economics from CalTech
Lifetime Achievement Award by DVD Summit for MPEG technology in 1999
20 patents and 40 publication in Technology
17
Judges and Mentors
Beverly Sunn
President, Asia Pacific Properties
Beverly L.W Sunn established Asia Pacific Properties, a real estate and relocation firm in Hong Kong
in 1985 and 1995 in the PRC, pioneering the relocation industry. She is one of the first American female entrepreneurs to establish a real estate firm in Hong Kong and China. Beverly serves on the
Leadership Board of NAI Global and is Chairman of the International Advisory Council of Leading
RE, a network of top independent real estate firms located in Chicago, and recently served 3 years in
the Board for Worldwide ERC®, the relocation industry’s leading assciation headquartered in
Washington DC. Locally, Beverly has severed as president of The American Club (the first woman to occupy the
position), chairperson of the HK Philharmonic Society’s Ladies Committee and board member of the
International Women’s Forun HK chapter.She is a founding member of the HK “Women of Influence”
conference.In 2011Beverly was selected as a nominee to serve on the Thomason Reuter Board of Shared
Values. Beverly holds a B.A. in psychology and M.S. in social work from Boston University.
K Y Tam
Associate Provost, Dean of Students, and Chair Professor of Information Systems,
HKUST
Kar Yan Tam is Associate Provost, Dean of Students, and Chair Professor of Information Systems at
the Hong Kong University of Science and Technology. His research interests include adoption of technology adoption, electronic commerce and web personalization. He has published extensively on these
topics in major management science and information system journals. He is currently on the editorial board of a
number of IS journals. Prof. Tam has extensive consulting experience with major companies including IBM China/
Hong Kong, Merrill Lynch (Asia Pacific), Hongkong Telecom, Tele Danmark, Hong Kong Industrial Technology
Corporation, Open University of Hong Kong, HSBC, Sun Microsystems, PCCW Business eSolutions, Symantec,
DHC, Hutchison Telecommunications, and Office of Telecommnications Authority.
Penger Tong
Associate Dean, School of Science, and Chair Professor of Physics, HKUST
Professor Penger Tong received his PhD degree in Physics from University of Pittsburgh in 1988. After
his graduation, he spent two years as a Postdoctoral Research Associate at Exxon Research and Engineering Company in New Jersey, USA. In 1990 he took an assistant professorship at Oklahoma State
University (OSU) and became Full Professor in 1999. He stayed at OSU until 2002. In 2003 He moved
to Hong Kong and he is currently Chair Professor of Physics at HKUST. In 2010 he was elected as Fellow of the
American Physical Society. Professor Tong’s research interests are in experimental soft condensed matter physics
and his current research projects include structures, interactions, and dynamics of colloidal particles at liquid interfaces; interfacial pinning, hysteresis, and dynamics near the moving contact line; biological physics; nonequilibrium processes and dynamics in living cells; high Rayleigh number thermal convection and transport in turbulent flows.
Mitchell Tseng
Vice-President for Research & Innovation, and Chair Professor, Industrial
Engineering and Engineering Management, HKUST
Prof. Tseng joined HKUST in 1993 as the founding department head of Industrial Engineering. He also
held academic positions in the University of Illinois at Urbana-Champaign, Massachusetts Institute of
Technology and MIT-Zaragoza Logistics Program. He is an elected fellow of the International Academy
of Production Engineers (CIRP) and American Society of Mechanical Engineering (ASME). He published papers and
books on bridging the gap between customers and manufacturing. Prof. Tseng also has served 20 years in industrial as
technology managers and senior executives. He opened the first startup company in Tai Po Tsai in 1995 and has been
actively working with industry with funded projects or retained as a consultant with many large and small companies.
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Judges and Mentors
Dough Woodring
Co-founder, Ocean Recovery Alliance
Mr. Woodring is an environmental entrepreneur, a writer, a competitive athlete, a sports event organizer and a creative innovator on community issues. He is the co-founder and Managing Director of
Ocean Recovery Alliance, non-profit organization focused on improving the health of the ocean, with a
large emphasis on plastic pollution. Mr. Woodring has worked in Asia for the past 18 years, mainly
related to the environment and new media platforms. He has a dual masters degree from The Wharton
School (MBA) and Johns Hopkins University, School of Advanced International Studies (SAIS) where he studied
Environmental Economics. He has an undergraduate degree in Economics and Political Science from the University
of California at Berkeley.
Eden Y Woon, JP
Vice-President for Institutional Advancement, HKUST
Dr Woon took office as Vice-President of the Hong Kong University of Science and Technology on
1 November 2010. Prior to joining HKUST, Dr Woon was with the Li & Fung Group for 3 years in
Shanghai. He was the Managing Director of Li & Fung Group's China Corporate Office and Managing Director of Toys ”R” Us China. From 2006-2007, Dr Woon was a Vice-President of Starbucks
Coffee Company in China. Dr Woon was the CEO of the Hong Kong General Chamber of Commerce, the oldest and
largest business organization in Hong Kong, from 1997 to 2006. Dr Woon served in the US Air Force until 1993 when
he retired as a Colonel. He taught Mathematics for 6 years at the US Air Force Academy – becoming an Associate
Professor. He acted as China advisor to the US Secretary of Defense from 1989 to 1994. He was the Executive Director of the Seattle-based Washington State China Relations Council from 1994 to 1997. Dr Woon received his BA
degree from the University of Iowa and his MA, MS, and PhD degrees, all in Mathematics, from the University of
Washington in Seattle. He is a member of the Council on Foreign Relations in New York.
Po Chi Wu
Adjunct Professor, School of Business & Management, and the School of Engineering,
HKUST
Dr. Po Chi Wu is a highly experienced international venture capitalist who has lived and worked both
in the United States and in Asia. He particularly enjoys working with early and growth stage technology companies, where his unique insights and hands-on approach can help them grow. He is an Adjunct Professor in the School of Business & Management and the School of Engineering at the Hong Kong University of Science & Technology. He has been a venture capitalist and entrepreneur for almost 30 years. Prior to this,
he co-founded DragonBridge Capital, a merchant bank focused on China. Previously, he was a co-founder and
President of Allegro Capital in Silicon Valley. Before that, he was a partner at Advent International Corporation,
then one of the world's largest international venture capital firms. He opened and headed the California office and
was responsible for a number of the firm's investment activities in Asia and in the US. In late 1985 he was invited
to establish a venture capital subsidiary of what is now China Development Industrial Bank in Taiwan.
.
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Judges and Mentors
Ir. Allen TB Yeung
Vice President, Business Development and Technology Support,
Hong Kong Science and Technology Parks Corporation
Ir. Allen TB Yeung is the Vice President, Business Development and Technology Support at Hong
Kong Science and Technology Parks Corporation. He serves as Founding Member and Chairman of
Hong Kong Business Angel Network (HKBAN), Board of Director - Monte Jade Science & Technology Association of Hong Kong, Chairman of the Hong Kong Technology & Renewable Energy Events
(HKTREE) organizing committee, Advisor to the EE Department of The Chinese University of Hong Kong and The
Hong Kong Polytechnic University. He is the Advisory Committee member at the Information Technology Industry
Council of the Federation of Hong Kong, a Fellow Member of The Hong Kong Institute of Engineers and the Executive Committee Member of Green ICT Consortium. Ir. Yeung serves as judge at various awards and business
plan competitions, including Hong Kong Award for Industries - Technological Achievement, ICT Awards, Massachusetts Institute of Technology - CHIEF (China Innovation and Entrepreneurship Forum), Young Entrepreneurs
Development Council’s E-Challenge, HK University of Science & Technology Entrepreneurship Competition, Vice
Chancellor’s Cup of the Chinese University of HK, PCM BIZ.IT Excellence by Sing Tao Magazine Group Limited,
HKEIA Award for Outstanding Innovation & Technology Products.
C. Patrick Yue
Professor in Electronic and Computing Engineer, HKUST
Prof. Patrick Yue received his B.S. degree from the University of Texas at Austin in 1992 with highest
honor, his M.S. and Ph.D. degrees in Electrical Engineering from Stanford University in 1994 and 1998,
respectively. He joined the HKUST’s ECE Department as a Professor in 2010. From 2003 to 2010, he
was a faculty at Carnegie Mellon University and then at University of California Santa Barbara. His
research interest is in high-frequency integrated circuits design. Based on his PhD work, he co-founded
Atheros Communications in 1998, which went public in 2004 on Nasdaq and was later acquired by Qualcomm in
2011. Prof. Yue has contributed to more than 60 peer-reviewed technical papers and two book chapters in the field of
RF device modeling and IC design. He holds 13 US patents of which majority are employed in commercial products.
He is a Senior Member of IEEE.
20
Awards
Winners of the ‘HKUST 2012 One Million Dollar Entrepreneurship Competition’ will be awarded a
combination of cash and services during the 18 May 2012 Award Dinner which will be held at the
Hong Kong Bankers Club. Grand prize winners will receive a package worth over HKD 1,000,000,
which will be composed of cash and in-kind contribution.
Cash Awards
1st place
HKD 300K
2nd place
HKD 150K
3rd place
HKD 100K
Elevator Pitch Winner
HKD 25K
Trade Show Winner
HKD 25K
Innovation Prize - HKD 50K
To encourage original and creative ideas, with long term impact, in a business plan involving innovation of new products or services, or new business models or processes, never before implemented
elsewhere. Such innovation should be the potential to significantly increase efficiency and productivity, or create new market opportunities. It should also increase the perceived value of the company.
Innovation can be based on technology breakthroughs or new business models, and it should constitute an unfair advantage for the company and not easily replicable by competitors.
Student Prize - HKD 25K
This prize will be awarded to the best team that is led by current students. These students must be full
-time students with no prior working experience. This prize is meant to encourage the participation of
students as we believe it would be an excellent learning opportunity and exposure for them.
21
Awards
In-Kind Contribution and Services
To encourage participants to get their businesses going, and further reinforce the practical focus of this
Competition, we have put together a suit of services for the grand prize winners. The total value of the
package is over HKD 400K.
In addition, Hong Kong Science & Technology Parks Corporation will provide the three winners a “fast
track” admission to the HKSTPC Incu-Tech and Incu-Bio Incubation Programme
Clarifications
Payment distribution
◆
The individual recipients of prize money will be responsible for the tax implications of their winnings.
Services Offered
◆
◆
◆
◆
As services cannot be equally divided up among team members. Thus, it is up to individual teams to
divide amongst themselves. In cases of conflict, each team leader has the authority to make the final
decision.
Teams will have until 31 December 2012 to begin working with service providers. It is the responsibility of the team to initiate communication.
All services need to be consumed by 31 December 2013.
In the event of misuse, HKUST Entrepreneurship Competition reserves the right to terminate any portion of a service agreement.
22
Sponsors & Media Sponsors
Platinum Sponsor (HKD100,000)
Shui On Group
Sonivy Technology Limited
Silver Sponsor (HKD25,000)
Googol Technology (HK) Limited
Bronze Sponsor (HKD10,000)
DJI Innovations
WebNova Ltd
Media Sponsor
The Hong Kong Economic Journal
The Wall Street Journal Asia
XINHUA NEWS AGENCY
HONG KONG SAR BRANCH
23
2011 Competition Winners
1st Place Winner
Wah Kin Holdings Ltd
2nd Place Winner
LEDoS Technology Ltd
3rd Place Winner
AllegroIQ Ltd
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