Wednesday 11 November 2020

HKSTP Elevator Pitch Competition 2020 offers global startups new investment, partnership opportunities

KUALA LUMPUR, Nov 9 -- Hong Kong Science and Technology Parks Corporation (HKSTP) recently held its annual Elevator Pitch Competition 2020 (EPiC) virtually, to unveil new and exciting pitching, investment and partnership opportunities as global startups face a challenging business landscape.

“This year’s successful staging of the 5th EPiC is a clear sign of our determination to provide a platform of unmatched opportunities to startups around the world to showcase their innovations and demonstrate their entrepreneurial spirit,” said HKSTP chief executive officer, Albert Wong.

According to a statement, US-based biotechnology startup, Mi Terro has topped other finalists to be crowned champion and claimed the top prize at the competition.

Mi Terro, champion and winner of the Smart City category, is a company that upcycles and re-engineers protein food waste into plastic and cotton alternative fibres for the fashion, medical and packaging industries.

The three Tech Category Winners, UK-based AI & Robotics startup Arctoris, Philippine-based fintech startup PearlPay, and Portugal-based health technology startup RUBYnanomed, showcased their full potential as innovators in the competition.

The competition marks a major progression for startups which gained valuable exposure among investors and industry leaders in their ongoing entrepreneurship journey.

HKSTP’s annual flagship event this year expanded to a week-long virtual programme. It garnered a great response with over 77,000 live views at the pitching competition.

This year, EPiC attracted 476 entries from 37 countries and cities across five continents with a total of 170 contestants from 31 different markets entered the semi-final round, with nearly 70 per cent of them coming from overseas.

More details at www.hkstp.org.

-- BERNAMA

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