Since last month, TechNode covered two posts about Hong Kong’s startup ecosystem. Former Cyberport interview post talked about Hong Kong government’s support to local startups and opportunities to drag more foreign startups in the area. The latter post was about the VC Panel from Fresco Capital and Archangels Access, how they work in Hong Kong’s startup scene, and why should people should take notice. In this post, Director-General at InvestHK, Simon Galpin provided the quantitative figures on Hong Kong’s startup ecosystem to help you get a holistic view along with former two posts.

How is startup ecosystem in Hong Kong? 

According to a survey conducted by Invest Hong Kong in October 2014 of 37 co-work spaces and incubators in the city, there were 1,065 startup companies operating in these premises, a 30% increase over 2013. These co-working spaces typically provide a more cost-effective and collaborative environment in which startups can base themselves.

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Eva Yoo

Eva Yoo is Shanghai-based tech writer. Reach her at evayoo@technode.com