Hong Kong-based Internet of Things (IoT) accelerator Brinc is pulling an international crowd of startups closer to China in an attempt to kickstart innovation. The move signals investors’ commitment to the island’s potential as an IoT hub amid a boom in the industry.
Brinc is aiming to take hardware startups rapidly from ‘ideation to commercialization,’ with an ambition of putting Hong Kong on the map as the go-to destination for IoT start-ups. The area has already seen sizable growth in early-stage innovation, driven by the city’s proximity to the Pearl River Delta.
“Hong Kong has the unique capability to integrate design, software and hardware and turn ideas into commercially viable IoT products,” Hong Kong’s Secretary of Commerce and Development, Gregory So said a the launch of Brinc’s new headquarters in PMQ, the city’s current creative hub.
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